9278 Communications, Inc. Introduces Free Internet Dial-Up and E-mail Services.Business Editors NEW YORK--(BUSINESS WIRE)--Aug. 8, 2000 9278 Communications, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: NTSE NTSE National Talent Search Examination (India) NTSE Windows NT Server / Enterprise Edition (Microsoft) - news), has launched free internet dial-up and email services to the public. This strategy is part of 9278's continuing commitment to its B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business and B2C (Business to Consumer) Refers to a business communicating with or selling to an individual rather than a company. See B2B. marketing plans and its goal to provide its customers with access to cutting edge technologies. With the proliferation of internet cafes and public use stations, as well as the low cost of home computers, 9278 sees a demand for email services and free dial-up services within its customer base. 9278 will distribute the free internet CDs to its network of distributors who then will provide them at the retail level to 9278 phonecard phonecard Noun a card used instead of coins to operate certain public telephones phonecard n → tarjeta telefónica phonecard phone n customers. Once the CD is loaded, the user will be greeted with a 9278 homepage when accessing the free internet services. 9278 earns income from revenue sharing revenue sharing Funding arrangement in which one government unit grants a portion of its tax income to another government unit. For example, provinces or states may share revenue with local governments, or national governments may share revenue with provinces or states. on the banner advertisements. 9278 will also have the ability to deliver telecom products via its homepage and email, to its customer base. Some products offered will be, prepaid home services, including prepaid dial tone and prepaid long distance. 9278 is promoting this free service at all 50,000 distribution points of presence, on its website www.9278.com and on its private label cards, of which 9278 distributes over 500,000 per month. This product launch reinforces 9278's commitment to the introduction of new technology products to its customers. There is absolutely no charge for the service to the consumer. 9278 Communications Inc. is a value-added integrator of telecom services and technologies, specializing in the distribution of pre-paid telecom products including phone cards. 9278 currently has a network of over 300 master distributors, retailing over 100 different prepaid card products primarily in the New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , New Jersey and Connecticut markets. Gross sales Gross Sales A measure of overall sales that isn't adjusted for customer discounts or returns, calculated simply by adding all sales invoices, and not including operating expenses, cost of goods sold, payment of taxes, or any other charge. for the year ended December 31, 1999 increased to $78,089,670 from $22,169,108 for 1998, an increase of 250%. With the expected third quarter 2000 launch of its B2B telecom services site, 9278 will provide access and support for its existing distributors and a mechanism for establishing new markets for the company's products through the expansion of additional independent distributors across the US. Forward-looking statements and comments in this press release are made pursuant to safe harbor provisions of the Securities Exchange Act of 1934. Such statements relating to, among other things, the prospects for the companies to complete the transaction and enhance operating results, are necessarily subject to risks and uncertainties, some of which are significant in scope and nature. These risks may be further discussed in periodic reports and registration statements to be filed by the Companies from time to time with the Securities and Exchange Commission in the future. |
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