Intasys initiates Internet billing software line and appoints director of international development and on-line services.MISSISSAUGE, Ontario--(BUSINESS WIRE)--Dec. 3, 1996--Intasys Corp., ("Intasys" or the "Company") announces the introduction of Intasys ON-LINE, the Company's new on-line (Internet) billing and management services division, and the engagement of Michael Weston as director of corporate development and on-line services. Together with the recently announced engagement of former Vodafone Director David Henning as a non-executive director A non-executive director (NED, also NXD) or outside director is a member of the board of directors of a company who does not form part of the executive management team. He or she is not an employee of the company or affiliated with it in any other way. , the appointment of Weston enhances Intasys' management capabilities and reinforces its position as a leading supplier of telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. and Internet billing/management systems. Weston has extensive international management experience in both information technology and telecommunication, and has been full time consultant to the Company since March, 1996. Previously, he was marketing director of the Cable & Wireless PLC subsidiary, Mercury Mobile Communications, as well as a member of the start-up management team of Europe's first digital personal communications (PCS (1) (Personal Communications Services) Refers to wireless services that emerged after the U.S. government auctioned commercial licenses in 1994 and 1995. This radio spectrum in the 1. ) networks, Mercury One-2-One. More recently, Weston played a key management role in the establishment of the Asia Pacific operator, Optus Telecommunications, a Cable & Wireless/Bell South Corp. joint venture. James Berry James Berry may refer to:
"The huge and newly emerging markets created in part by the recent issue of PCS licenses in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. and the world-wide expansion of mobile telecommunications as well as of Internet services offered, has increased the requirement for the type of sophisticated solutions offered by Intasys." "Intasys already has an internationally respected multi-subscriber telecom billing/management system," stated Weston. "There is currently around the world an unprecedented demand for billing/management solutions capable of utilizing digital technology originally developed in Europe but new to North America. "Intasys has extensive experience in providing software solutions specifically designed for this digital market, and is uniquely positioned to provide a tried and tested solution in this critical and lucrative area." Weston added: "By the turn of the Century over 300 million people will be using mobile phones world-wide, most will have an E-Mail address See Internet address. e-mail address - electronic mail address , and the Internet will be flourishing as the preferred medium for commercial and personal communications, eventually becoming a substitute for postage and fax. "By the year 2000, the forecasted annual revenues for the billing systems industry will exceed $4 billion. Recognizing the opportunities presented by these facts, Intasys has enhanced its core billing/management software product line, and has already taken orders from its existing clients, who are expanding the Internet and other digital services they offer to their customers". Intasys is traded and quoted on NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on , trading symbol Trading symbol See: Ticker symbol INTAF INTAF International Affairs . CONTACT: Intasys Corp. Shareholder Relations: 905/890-6340, fax: 905/890-0886 |
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