Beverly Glen Capital Signs Agreement With TELUS, Canada's Second Largest Telecommunications Company.TORONTO--(BUSINESS WIRE)--Oct. 18, 1999-- Phonetime International Inc., a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Beverly Glen Capital Corp. (CDN (Content Delivery Network) A system of distributed content on a large intranet or the public Internet in which copies of content are replicated and cached throughout the network. :BGCC BGCC Boys and Girls Clubs of Canada BGCC Bowling Green Community College (Kentucky) BGCC Boys and Girls Clubs of Calgary (Canada) BGCC Burley Griffin Canoe Club (Australia) ), announced today that it has signed an agreement with TELUS TELUS Telemetric Universal Sensor to provide the switching and network facilities for a portion of TELUS's prepaid phone card programs. Under the terms of the two-year agreement, Phonetime will also provide customer service and phone card recharges. "With this agreement, it's clear that the market now recognizes that Phonetime is not simply in the business of marketing phone cards, but also offers complete, reliable 'back-office' solution," said Beverly Glen President, Wayne Silver. "We're delighted that the nation's second largest telco will be using our facilities for part of their phone card traffic," he added. TELUS joins an impressive list of major telecommunications companies that employ Phonetime's solutions to facilitate phone card traffic. The list includes AT&T Canada, Sprint Canada, Videotron Ltee and Manitoba Telecom Services Manitoba Telecom Services (TSX: MBT), or MTS , formerly Manitoba Telephone System, is the primary telecommunications carrier in the Canadian province of Manitoba and the third largest telecommunications provider in Canada with 7000 employees. . In the agreement with TELUS, approximately a dozen existing phone card programs will be routed through Phonetime. The agreement also includes a custom web based Coming from a Web server. See Web application. interface so that key TELUS customers can seamlessly access Phonetime's network directly from their own call centers. Beverly Glen is an emerging telecommunications company with a Class A International Carrier license from the CRTC CRTC Canadian Radio-Television & Telecommunications Commission CRTC Combat Readiness Training Center CRTC Cathode Ray Tube Controller CRTC China Railway Telecommunications Center CRTC Cold Region Test Center CRTC Continuously Regenerated Trap Column . It incorporates state-of-the-art VoIP (Voice over Internet Technology) for commercial applications, a high-capacity switching platform and an international network of carriers. Phonetime operates a multilingual, 24-hour/seven-day-per-week call centre dedicated to phone card customer service and sells its own branded cards under such names as Millennium, Bravo and Nuvo. It also provides phone cards to Blockbuster Canada, Business Depot/Staples, Western Grocers and others. Beverly Glen Capital Corp. currently has approximately 30,639,119 common shares issued and outstanding. Web Site http://www.phonetime.com |
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