Cybertel Communications to Hold Investor Conference Call Open to all Shareholders.Business Editors & Technology Writers LA JOLLA, Calif.--(BUSINESS WIRE)--May 2, 2000 Cybertel Communications Corporation (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: CYTP) announced today that it has scheduled a conference call for its investors and shareholders tomorrow, May 3rd at 2:00 p.m. EST. The informational meeting will be led by Richard Mangiarelli, the company's 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. and can be accessed by calling 888/469-2039, further directions can be found at www.cybertelcorp.com. Cybertels conference call meeting will provide investors with the opportunity to share information with and ask questions of the companys CEO. "The conference call allows us to speak directly with our shareholders," says Mangiarelli. "As we are continuing to meet our goals and expand nationwide, it has become more and more important to maintain a high level of communication with our shareholders and the professional investment community. Cybertel has an exciting future which includes our working towards becoming a Tier 1 telecommunications provider serving customers all over America through our own VoIP network. We expect to be offering switched VoIP service across America later this year." Cybertel Communications Corp. 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. For more information please visit Cybertels Web site at www.cybertelcorp.com. In the past, Cybertel has been a switchless carrier, acting as a wholesaler that buys long-distance capacity from large carriers and then resells that capacity to its customer base. Its customers' calls have been routed through other larger telecommunications companies' switches. The nation's largest traditional switched carriers include companies such as MCI/Worldcom (Nasdaq:WCOM), Sprint(NYSE:FON Fon People of southern Benin and adjacent parts of Togo. They speak a dialect of Gbe, a Kwa language of the Niger-Congo language family. Numbering about 3 million, the Fon are mainly farmers. ), AT&T (NYSE:T), Global Crossing (Nasdaq:GBLX GBLX Global Crossing Ltd. (stock symbol) ), Qwest (Nasdaq:QWST) and Williams Communications (NYSE:WCG WCG World Cyber Games WCG Worldwide Church of God WCG World Community Grid WCG Wellington Caving Group (caving club in New Zealand) WCG Washington Calligraphers Guild WCG West Coast Grocery ). Companies offering VoIP related services include ITXC (Internet Telephony Exchange Carrier Corporation, Princeton, NJ, www.itxc.com) The largest IP exchange carrier in the world. ITXC was acquired by wholesale telco provider Teleglobe Bermuda Ltd. in 2004 and then by Videsh Sanchar Nigam Ltd. Corp (Nasdaq:IXTC) and VocalTec (Nasdaq:VOCL VOCL Vault Online Career Library ) 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. Statement 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: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipates" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Varitek Technologies Group (the Company) to differ materially from those expressed or implied by such forward-looking statements. (Such factors include, among others, the risk factors contained in the companys Annual Reports and other filings with the Securities and Exchange Commission.) In addition, description of anyones past success, either financial or strategic, is no guarantee of future success. The Company will remain dependent upon future financing for its growth and development, and for it to successfully implement its business plan. No statement contained herein should be construed as indicating that such financing is or will be available, and if available, will be on terms favorable to the Company. This news release speaks as of the date first set forth above and the Company assumes no responsibility to update the information included herein for events occurring after the date hereof. Merger Communications (Merger) is a media relations firm employed by the Company. Merger and the Company 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. Merger Communications, its officers, directors and employees own 49,000 restricted shares of company common stock, and are also entitled to 15,000 restricted shares and hold warrants enabling it to purchase another 100,000 restricted shares at $5.00/share and has received $24,000, as compensation for services Merger performed for the Company between 1/15/99-1/15/00. Merger currently receives a monthly retainer of $2,000 and warrants that enable it to purchase 4,000 restricted shares at $5.00/share per month pursuant to a long-term agreement with the Company, 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. For more information on Mergers services, visit www.mergerusa.com. |
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