CSK Securities Research Initiates Coverage on Telli.

Business Editors & High Tech Writers

MILL VALLEY, Calif.--(BUSINESS WIRE)--Nov. 16, 2000

Guinness Telli*Phone Corp. (OTCBB:TELI) today announced that CSK Securities Research, a registered investment advisor and securities research firm, has initiated coverage with a "Speculative Buy" recommendation on Guinness Telli*Phone Corp. common stock.

The analyst report, released on November 13, 2000, was prepared by Christina Skousen, a registered investment advisor and principal of CSK Securities Research. The four-page report describes Telli's business model, its growth strategy and discusses its financials. CSK Research is an independent equity research firm, specializing in emerging companies, and serving institutional investors and brokerage firms.

About Guinness Telli*Phone

Guinness Telli*Phone is an emerging geographically specific content provider with unique technology for instant access to daily information. Telli offers value-added business directory listings, real-time advertising and instantly tailored marketing solutions. The system can be accessed via Internet, PDA, Web-enabled cellular phone and the company's Telli Screen, a free, easy-to-use online appliance. Telli is aimed at every household in the nation with a phone line or a broadband connection, and gives American households unprecedented access to time-sensitive retail specials as well as local events and news.

Telli is uniquely positioned to tap into the existing $72 billion/year local advertising market. As the company proceeds in its nationwide expansion, it will establish a local presence in each neighborhood and build its network community by community across the country. Telli has already created the first community-based prototype in Marin County, California, and intends to begin distributing Telli Screens in the first quarter of 2001. Visit us at www.telli.com.

The statements contained in this press release that are not historical facts are forward-looking statements under the federal securities laws. These forward-looking statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Actual outcomes and results may differ materially from what is expressed in, or implied by, such forward-looking statements. Guinness Telli*Phone Corp. undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause Guinness Telli*Phone's actual results to differ materially from those expressed in, or implied by, the forward-looking statements are changes in general economic conditions, increased or unexpected competition, changes in Guinness Telli*Phone's financial performance, and other matters disclosed in Guinness Telli*Phone's filings with the Securities and Exchange Commission. Investors are strongly encouraged to review the Company's annual Form 10-K for the year ended December 31, 1999, and quarterly reports on Form 10-Q on file with the Securities and Exchange Commission for a discussion of risks and uncertainties that could affect operating results and the market price of the Company's stock.