Intellicall Announces ILD Registration Statement for Initial Public Offering of Common Stock

Business Wire, May 6, 1998

DALLAS--(BUSINESS WIRE)--May 6, 1998--Intellicall today announced that the following press release was issued by ILD Telecommunications:

"ILD Telecommunications, Inc. today announced that on May 1, 1998 it filed with the Securities and Exchange Commission a registration statement in connection with an initial public offering of common stock. The registration statement includes an unspecified number of shares to be issued and sold by the Company. The managing underwriters for this offering are NationsBanc Montgomery Securities LLC, Raymond James & Associates, Inc. and Interstate/Johnson Lane Corporation.

A registration statement relating to the Company's initial public offering of common stock has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state.

ILD Telecommunications, Inc. is a facilities-based provider of prepaid phone services and telecommunications outsourcing services. The Company offers prepaid services through the use of prepaid long-distance calling cards and prepaid local phone service. ILD's outsourcing services include a broad range of operator assisted services, traditional long distance services and a billing and collections operation.

A written prospectus relating to these securities may be obtained from NationsBanc Montgomery Securities LLC, 9 West 57th Street, New York, New York 10019; Raymond James & Associates, Inc., 880 Carillon Parkway, St. Petersburg, Florida 33716; or Interstate/Johnson Lane Corporation, 945 East Paces Ferry Road, Resurgens Plaza, Suite 1200, Atlanta, Georgia 30326."

CONTACT: Intellicall, Inc., Dallas

John Carradine, 972/416-0022

or

ILD Telecommunications, Inc.

Dennis J. Stoutenburgh, 972/503-8700

or

ILD Telecommunications, Inc.

Michael F. Lewis, 904/273-2440