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LCI INTERNATIONAL, CHIPSOFT, INC. SIGN $3.6 MILLION CONTRACT

 DUBLIN, Ohio, July 12 /PRNewswire/ -- LCI International (NASDAQ/NMS: LCII) today announced that it has been awarded a three-year contract with an estimated value of $3.6 million by ChipSoft, Inc. (NASDAQ/NMS: CSFT), the nation's leading publisher of income tax preparation software for personal computers in the United States. The agreement will provide ChipSoft, a San Diego, California-based company with a variety of telecommunications services.
 "We are extremely pleased about our selection by ChipSoft," said Thomas J. Wynne, LCI's president. "This contract confirms LCI's continued ability to be an effective competitor with the nation's leading long-distance carriers in virtually every part of the nation. LCI can provide ChipSoft with the unique telecommunications services it requires to market its tax software to consumers, professional accountants and tax preparers wherever they may be located."
 "LCI International has earned our business with its quality telecommunications service and its comprehensive customer service program," said William Strauss, ChipSoft's vice president of operations.
 According to the terms of the agreement, ChipSoft will use many of LCI's services to serve their customers including intelligent 800 service, virtual network service and DS-1 private network services. The service features include customer-controlled re-route and allocations capabilities. ChipSoft's 800 service had been carried by MCI.
 ChipSoft, Inc. is a publicly-held company which reported earnings of $50.5 million in 1992, up 84 percent over $27.4 million reported for fiscal 1991. ChipSoft markets its tax preparation software under the brand names TurboTax and McInTax.
 LCI International, Inc. (NASDAQ/NMS: LCII) is a publicly-held, worldwide, facilities-based telecommunications company that provides to its business and residential customers a full array of voice, data and video transmission services through its fiber-optic network. LCI International, Inc., with headquarters in Washington, D.C., has its operational subsidiaries headquartered in Dublin, Ohio.
 -0- 7/12/93
 /CONTACT: Jim Fette of LCI International, 614-798-6272, or Debra Kelley of ChipSoft, Inc., 619-453-4446, ext. 482/
 (LCII CSFT)


CO: LCI International, Inc.; ChipSoft, Inc. ST: Ohio, California IN: TLS CPR SU: CON

BM -- CL001 -- 0402 07/12/93 12:01 EDT
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Publication:PR Newswire
Date:Jul 12, 1993
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