BAOA Communications Receives a $79 Million Purchase Order for Telemarketing Services.SAN DIEGO--(BUSINESS WIRE)--June 24, 1998--BAOA Communications (NN/OTC:BAOA BAOA Bridal Association of America (Bakersfield, California) ) today announced that it has secured a strategic alliance with USA Telecorp of Pompano Beach Pompano Beach (pŏm`pənō), city (1990 pop. 72,411), Broward co., SE Fla., on the Atlantic coast and the Intracoastal Waterway; inc. 1908. It is a resort city with ocean beaches, excellent fishing, and a harness-racing track. , Fla., to provide telemarketing contracts for BAOA telemarketing call centers. In connection with this alliance BAOA has received a purchase order for $79 million, representing commissioned sales to be performed over a three year period. This purchase order is part of a massive telemarketing effort launched by Lex-Net One Inc. to sell the Internet cornerpost Web sites produced by Travellers Information Services See Information Systems. Inc., which is part of a billion dollar group of companies from Huntsville, Ala. Travellers has a joint venture with Lex-Net One to bring the cornerpost Web sites to market. Traveller Information Services, a member of the Thermo Electron (TMO TMO T-Mobile TMO The Mac Observer (website) TMO Timeout (Hekimian) TMO Tenant Management Organisation (UK) TMO Toprak Mahsulleri Ofisi ) family of companies, is nationally recognized for the development of world-class Web sites. Traveller has developed high traffic Web sites and cybercasts from venues ranging from the 1996 Democratic National Convention in Chicago to Country Fest '97, a country-western "Woodstock" held in Dallas. Other events include Sir Paul McCartney's Standing Stone For information on solitary stone megaliths, see . Paul McCartney's Standing Stone is Paul McCartney's second full-length release of original classical music and was issued shortly after Flaming Pie's release in 1997. concert from Carnegie Hall and the Country Music Association's annual award ceremony from the Grand Ol' Opry in Nashville, Tenn. Lex-Net One has been in the telecommunications industry for more than eleven years, marketing long distance operator services to the hospitality industry and denied roaming cellular services. Lex-Net One develops programs that integrate the component strengths of several companies into a single mechanism. BAOA Communications is a predominantly African-American owned and managed publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. that provides products and services to urban communities. It is currently implementing its business plan by opening company-owned telemarketing call centers in economic empowerment zones throughout the United States. Safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. statements under the private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: The statements in this release regarding the company's products, services and markets are forward-looking statements that involve risks and uncertainty, including, but not limited to, products and services, demand and development, technological advances, impact of competitive products and pricing, growth in targeted markets, ability to integrate and leverage acquisitions, and other information detailed from time to time in the company's Securities and Exchange Commission Filings.
CONTACT: Vaughn Mungin, 800/501-0598
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