Cybertel Embarks Upon Aggressive Growth Strategy, Adds Accomplished Executive, Tom Norfleet To Its Flourishing Sales Force.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)--Nov. 21, 2000 Cybertel Communications Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CYTP), an industry leader in the marketing of fixed-cost, long-distance telephone services, today announced it has begun execution of a strategic plan to significantly expand its independent agent sales force with the addition of well-known telecommunications consultant, Tom Norfleet to lead the team. Mr. Norfleet is a Dallas-based executive who was responsible for developing some of the telecommunications industry's now legendary sales organizations. Mr. Norfleet's accomplishments include building the Network 2000 team that added approximately 3,000,000 long-distance customers to Sprint (NYSE NYSE See: New York Stock Exchange :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. ) and devising the innovative Excel Communications Excel Communications was founded in 1988 by Dallas entrepreneur Kenny Troutt as a long distance reseller in the US telecom sector at the birth of telecom deregulation. concept that created a customer base of more than 6,000,000 long-distance customers in a three-year period. Cybertel's goal for its expanded sales force is to add 500 independent agents by January 1, 2001. As of October 1, 2000, the Company had reached nearly half of its goal, as more than 200 independent agents joined Cybertel's team. The Company believes that independent agents have been historically underserved by the telecommunications industry, and as a result, has established a special division within the Company to serve and provide the individual attention these professionals need to attain maximum efficiency. Richard Mangiarelli, 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, stated, "I am delighted with the addition of Tom Norfleet to our rapidly growing sales team and am confident his leadership adds a critical element to our organization. We had our sights set on Tom for a long time, as we were fully aware of his proven success in sales team development, which very few people in the industry possess." "I am thrilled to be presented the opportunity to work with Richard and his management team, as I feel Cybertel is poised for explosive growth. This company, in my opinion, is perfectly designed for many of the pros I worked with in the `90s and is positioned for even further growth in the new Millennium," added Mr. Norfleet. "It is my opinion that 2001 will be a tremendous year for Cybertel. I can't wait to get started." Cybertel expects to add more than 20,000 new customers in the first quarter of 2001 and believes that its enhanced program will bring 100,000 fixed-cost customers and $10,000,000 per month in revenue by the end of 2001. About Cybertel Communications Corporation Cybertel is a fully integrated telecommunications service provider A Telecommunications Service Provider or TSP is a type of Communications Service Provider that has traditionally provided telephone and similar services. This category includes ILECs, CLECs, and mobile wireless companies. that supplies a wide range of telecommunications services. The Company can offer highly competitive rates to its residential customers on long-distance, personal 1-800 numbers, calling card calls and high-speed Internet access, as well as completely free traditional Internet dial-up access with its Internet call-waiting feature. For businesses, Cybertel offers a wide variety of value-added services. These included high-speed Internet access (DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary ), virtual private networks (VPN (Virtual Private Network) A private network that is configured within a public network (a carrier's network or the Internet) in order to take advantage of the economies of scale and management facilities of large networks. ), unified messaging and Web hosting services. Cybertel (www.cybertelcorp.com) is also in the process of building a state-of-the-art Internet telephony network throughout the United States. Cybertel plans to expand its network over the next year to include 56 gateways around the U.S., which will serve the entire country. The Sonus gateways give Cybertel a significant advantage over its competition. Once installed, Cybertel believes it will be the only company with an all-IP network capable of worldwide 1+ dialing. 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: The statements which are not historical facts contained in this advertisement are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, governmental approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the Company's filings with the Securities and Exchange Commission. |
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