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TELECOMMUNICATIONS COMPANY NAMED TO TOP 10 LIST BY SUCCESS MAGAZINE

 CLEVELAND, Nov. 10 /PRNewswire/ -- A Cleveland telecommunications company has been named as one of the country's 10 most valuable franchises to own.
 "Success" magazine, in a survey conducted by Ernst & Young, named Voice-Tel(R) Enterprises, Inc. as the ninth most valuable franchise to own, up from last year's No. 88 ranking. Voice-Tel is a $50 million communications company that provides voice messaging services to companies and organizations in the United States, Canada and Puerto Rico.
 The annual Gold 100 survey measures the quality of franchises, using Ernst & Young to measure and tabulate values according to a number of factors -- financial performance, growth and management, corporate stability, franchiser attitude and service, and franchisee relationship assessment.
 Founded in 1986, Voice-Tel provides interactive voice messaging services via a digital network. Currently serving more than 3,500 cities in the U.S., Canada and Puerto Rico, Voice-Tel operates the largest voice messaging network in the industry. Industry experts forecast that voice messaging, part of the burgeoning telecommunications industry, will be a $5.6 billion industry by the end of 1994.
 The popularity of voice messaging is growing dramatically, particularly among today's increasingly mobile executives. Companies and individuals use voice messaging to talk, to facilitate and enhance their communications -- users exchange information in their own voices with as much detail as necessary; they can pass along personally received messages to others on the system; or they can broadcast messages to dozens of people with just one phone call.
 For example, it is used by realtors to communicate quickly and efficiently with banks, mortgage brokers and other agents who are constantly away from their offices; by sales managers to communicate with field salespeople in geographically dispersed areas; by national associations to message members and field offices all over the country; even by a high school Spanish teacher as a linguistic exercise to allow students to follow tutorials and answer back when they have questions or need clarification on a specific lesson.
 Voice-Tel's decision to grow its business through franchising represents a winning strategy confirmed by its recent designation in the Gold 100.
 "The franchise approach is ideally suited to the present phase of the electronic communications revolution," noted Wayne Willis, president of Voice-Tel Enterprises, Inc. "Our franchisees are businesspeople who understand that every organization communicates in different ways and has different needs. Voice-Tel franchisees are entrepreneurs who can think creatively -- they're people who can look at a customer's business and quickly grasp what needs to be done to significantly enhance communications."
 According to Willis, the franchise approach is a win-win-win situation for Voice-Tel. "Our customers are extremely well-served and so, too, are our franchisees and the franchiser organization."
 -0- 11/10/93
 /CONTACT: Christine Stadler of Voice-Tel Enterprises, 216-360-4400/


CO: Voice-Tel Enterprises, Inc. ST: Ohio IN: TLS SU:

BM-AR -- CL001 -- 2563 11/10/93 08:01 EST
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Publication:PR Newswire
Date:Nov 10, 1993
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