Cybertel Communications Acquires Like Dat Music to Further Enhance Multi-Media Services.Business Editors LA JOLLA La Jolla (lə hoi`yə), on the Pacific Ocean, S Calif., an uninc. district within the confines of San Diego; founded 1869. The beautiful ocean beaches, in particular La Jolla shores and Black's Beach, and sea-washed caves attract visitors and , Calif.--(BUSINESS WIRE)--Feb. 1, 2000 Cybertel Communications Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CYTP) announced today that it has finalized its acquisition of Like Dat Music, Inc. Like Dat Music (www.likedat.com), a full-service digital music producer and licensing agent for post-scoring, lyrics and sound design, will offer Cybertel additional multi-media capabilities through its Web site with digital sound and downloads. This is Cybertel's next foray into Verb 1. foray into - enter someone else's territory and take spoils; "The pirates raided the coastal villages regularly" raid encroach upon, intrude on, obtrude upon, invade - to intrude upon, infringe, encroach on, violate; "This new colleague invades my the business-to-business market. &uot;With the acquisition of Like Dat Music we have added an extremely experienced and highly regarded creative arm to our Internet-based technology Refers to the communications infrastructure of the Internet, which is based on the IP protocol. IP is part of the TCP/IP protocol suite. It may also refer to voice over IP (VoIP), which uses the Internet to make telephone calls. See VoIP, IP and TCP/IP. business,&uot; says Richard Mangiarelli, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Cybertel Communications. &uot;Right off the bat, Like Dat's team can help Cybertel to polish its image and add more flair to its marketing. This acquisition also gives Cybertel some very valuable digital content, which we know is becoming increasingly more valuable to Internet companies. All in all, Like Dat is a great company with a whole lot of potential that we're really excited about.&uot; Like Dat Music Inc. is an established advertising and entertainment industry, business-to-business source for music that has been composed and produced for commercials, songs, movie trailers, promos, feature films and Internet sound logos. Since 1982, Like Dat has served hundreds of ad agencies, major networks, trailer houses and multimedia companies, supplying digital music and services for national campaigns for companies such as Taco Bell Taco Bell Corp., a subsidiary of Yum! Brands, Inc., is a Mexican-style quick service restaurant chain based in Irvine, California, United States. The restaurant has locations primarily in the United States and Canada, but also operates outlets in several other markets. , Nissan, Mazda, Chrysler, ABC-TV, Winchell's and Prudential. &uot;With the right kind of backing and guidance and with access to our Voice over IP network, we think that Like Dat can become an even greater resource to companies that wish to get more involved with the design of their ads and marketing presentations. Companies can now easily navigate a single Web site with a comprehensive database of digital music, which they can license for their own use. That way they can go to their agency with the music they want, or at least something close, and cut the time and expense of creating a dynamic ad significantly,&uot; adds Mangiarelli. Cybertel is a La Jolla, California-based Voice Over the Internet Telephony (VoIP) company in the process of building a state-of-the-art Internet Telephony network throughout the United States. Cybertel has recently signed contracts with other major carriers like MCI/Worldcom (Nasdaq:WCOM WCOM MCI/Worldcom (stock symbol) WCOM Windows Component Object Model WCOM Wireless Communication ), Bell Atlantic Corp. (NYSE NYSE See: New York Stock Exchange :BEL) and Level 3 Communications
Level 3 Communications NASDAQ: LVLT is a communications and information services company headquartered in Broomfield, Colorado, USA. (Nasdaq:LVLT LVLT Level 3 Communications, Inc. (stock abbreviation, AMEX) ), which have made it possible for Cybertel to offer 1+ long distance, 1-800 numbers, regular and pre-paid calling cards and Internet access at some of the most competitive rates on the market today. Cybertel is a fully reporting company, listed on the OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. under the symbol OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: CYTP. For more information, please visit www.cybertelcorp.com. The statements made by Cybertel Communications Corporation (Cybertel) may be forward-looking in nature. Actual results may differ materially from those projected in forward-looking statements. This information is not a recommendation to buy or sell securities Cybertel. The statements and opinions presented are the views of Cybertel and are subject to change. Merger Communications (Merger) is a media relations firm employed by the Company. Merger and Cybertel believe that all information in this release has been obtained from sources considered reliable, but cannot guarantee that the statements presented herein are accurate or complete. Cybertel believes that its primary risk factors include, but are not limited to: the need for substantial financial requirements; the need to develop effective internal processes and systems; changes in the overall economy; changes in technology; the number and size of competitors in its markets; continued and future strategic alliances; changes in the law and regulatory policy; and the mix of product and services offered in Cybertel's target markets. Merger Communications, its officers, directors and employees own 49,000 restricted shares of company common stock. In addition, Merger is entitled to additional compensation consisting of 77,000 shares of common stock, or their equivalent, pursuant to an agreement with Cybertel, which includes the preparation of press releases. Merger typically has a long position in the securities of the companies in which it publishes information, and Merger may be buying or selling securities in the course of its regular business. |
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