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VISITEL NETWORK'S REGISTRATION STATEMENT DECLARED EFFECTIVE BY SEC

    VISITEL NETWORK'S REGISTRATION STATEMENT DECLARED EFFECTIVE BY SEC
    LAS VEGAS, Nev., Nov. 14 /PRNewswire/ -- Visitel Network, Inc. (NASDAQ: VISI) today announced that the Securities and Exchange Commission has declared effective the company's registration statement on Form S-1.
    The offering consists of 2,723,000 shares of common stock, 2,385,000 Class B warrants and 2,385,000 shares of common stock underlying the Class B warrants, all of which are being offered by selling security holders.  The Class B warrants are exercisable at $2 per share.
    Visitel Network, Inc., based in Las Vegas, is engaged in broadcasting 24-hour televised visitor information to thousands of hotel and motel rooms in Las Vegas, Tampa Bay and Orlando, Fla., Dallas, San Antonio, Texas, San Diego, San Francisco and Louisville, Ky.; and anticipates commencing broadcasting in Chicago and the Anaheim, Calif., area before the end of 1991.  The company intends that the Visitel Network will commence broadcasting the same type of visitor information in a total of 21 cities in the United States.
    -0-                11/14/91
    /CONTACT:  Jeffrey D. Kaufman, president of Visitel Network, 702-735-1684/
    (VISI) CO:  Visitel Network, Inc. ST:  Nevada IN:  TLS SU: CK-OS -- NY025 -- 4333 11/14/91 10:19 EST
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Publication:PR Newswire
Date:Nov 14, 1991
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