Printer Friendly

GLOBALTEL, A DIVISION OF INTERACTIVE MEDIA TECHNOLOGIES, INC., SIGNS MAJOR CLIENTS FOR INTERNATIONAL TELECOM SERVICE; SIGNIFICANT GROWTH FOR 1996

BOCA RATON, Fla., March 8 /PRNewswire/ -- INTERactive Media Technologies' GlobalTel division added several major clients to its customer list. The company now services several offices of the World Bank, Florida Department of Commerce, International Finance Corporation, Brazilian Department of State, Embassy offices of the U.S., Germany, Switzerland, Australia and Egypt. Government and U.N. agencies are a key target for GlobalTel because of their vast telecommunications needs.

The recent boost in sales is credited to its international marketing campaign and several recent agreements and acquisitions. IMT is also taking major steps to expand its business through the acquisition of other call-back companies through its recent acquisition of the operations of CitiLink International, Intersat Telecom and ITA Telecom. "We are looking to acquire any existing service provider that can fall into the mold of our growth strategy," says Steve Williams, IMT's President and CEO. "We are anticipating industry consolidation in the next few years and are positioning to be a leader in this effort. Our present strategy includes the acquisition of existing service providers, new representatives, existing representatives servicing other providers and the expansion of our own offices internationally.

According to IMT/GlobalTel Vice President James Artimez, "Substantial growth has enabled the company to open offices in Sao Paulo and Rio de Janeiro, Brazil. We're also doing business now in all continents and are negotiating agreements to enter new country markets every month. Our customers have recognized the value of our state-of- the-art technology and how our systems can provide substantial savings. Now, everyone is beginning to take advantage of what we have to offer."

New revenues will be derived from several revenue streams, IMT/GlobalTel recently signed an exclusive representation agreement with Anco Communications Ltd., a public telecommunications company based in Bangalore, India and has representatives in Guatemala, Ecuador, Brazil, China, Japan, Suriname and Russia. "These are major steps for our company; we anticipate continued growth and have better positioned ourselves in our target market, South America," said Williams.

IMT/GlobalTel uses its proprietary technology to "export" a U.S. dial tone and to re-direct the origination point of a call to the United States, in effect, converting it to a "domestic" outbound call that carries a lower rate than a foreign PTT charges. The company operates under a Section 214 license from the FCC and is licensed as an international re-seller of switched public telephone services.

INTERactive Media Technologies, Inc. develops and markets enhanced telephony platforms for use by international telephone companies and service bureaus. The company's product line includes Voice Mail, Virtual Phone, Debit Cards, Sports-Related Internet Services, International Internet Access and Custom Telephony Applications.
 -0- 3/8/96


/CONTACT: Steve Williams, President, INTERactive Media Technologies, 407-368-2010 or Toll Free, 800-370-4468, or fax, 407-368-1766, or E-Mail Admin@IMTGLOBALTEL.com , or Internet http://www.IMTGLOBALTEL.com /

CO: INTERactive Media Technologies, Inc.; GlobalTel ST: Florida IN: TLS INT SU:

RK-CM -- FLF008 -- 1581 03/08/96 12:08 EST
COPYRIGHT 1996 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Mar 8, 1996
Words:489
Previous Article:ROMAC INTERNATIONAL, INC. COMPLETES ACQUISITION OF STRATEGIC OUTSOURCING, INC.
Next Article:GOOD TIMES RESTAURANTS INC. SIGNS LETTER OF INTENT FOR LEASE AND CONTINGENT SALE OF UP TO FOUR LOW VOLUME UNITS
Topics:

Terms of use | Copyright © 2018 Farlex, Inc. | Feedback | For webmasters