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Closed at 1/5/16 in 1m+ shrs Friday...more later Sirco Internet Subsidiary to Offer Nationwide Dial-Up Internet Access Service STAMFORD, Conn.--(BUSINESS WIRE)--Dec. 17, 1998--Sirco International Corp. (NASDAQ:SIRC - news) announced today that its Internet services subsidiary, WebQuill Internet Services, LLC, has successfully completed testing of its nationwide dial-up Internet access service. The service will include over 350 local points of presence (PoPs) being provided through StarNet Inc.'s MEGAPOP service. WebQuill, in conjunction with its affiliated CLEC companies Access One Communications, Inc. and Essex Communications, Inc., expects to begin marketing dial-up Internet access within this expanded service area in January 1999. Henry Azer, president of WebQuill stated, ''Our CLEC affiliates, Essex Communications serving the Bell Atlantic territory and Access One Communications serving the Bell South territory, can now begin offering dial-up Internet access to their customers. This initial service will provide our customers local access in most major cities in the United States. In addition, we hope to complete agreements with regional providers so that we can continue to increase our coverage density. In Connecticut, we already provide complete statewide local access coverage through our Frame Relay cloud provided by SNET.'' WebQuill Internet Services, LLC, a wholly-owned subsidiary of Sirco International Corp., provides dial-up and dedicated Internet access, Web design, Web hosting and E-Commerce development, hosting and fulfillment, to small, medium and large businesses. Sirco International Corp. is a diversified publicly traded company with operations organized into two divisions. Sirco's telecommunications division focuses on developing integrated telephone service in the emerging competitive local exchange carrier industry. Sirco's travel division designs, imports and markets luggage, sport bags, backpacks, children's bags and related products. This release contains forward-looking statements that involve risks and uncertainties. The Company's actual results may differ materially from the results discussed in the forward-looking statements. Factors that might cause such a difference include, among others, general economic and business conditions; industry trends; the loss of major customers; changes in demand for the Company's product; the timing of orders received from customers; dependence on third party sources of supply; the loss of licenses; availability of management; availability, terms and deployment of capital; and changes in state or federal governmental regulations of telecommunications services. Contact: Sirco International Corp. Joel Dupre, 203/359-4100 jdupre@sircointl.com or WebQuill Internet Services Henry Azer, 203/750-1000 haz@webquill.com | ||||||||||||||
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