Business Services Industry
Saratoga International Announces It has Signed an Agreement With General Media Communications, Penthouse Magazine, to Market a Virtual Long Distance Prepaid Credit Card
Business Wire, Sept 6, 2000
Business Editors
KIRKLAND, Wash.--(BUSINESS WIRE)--Sept. 6, 2000
Saratoga International Holdings, Corp. (OTCBB:SHCC), announced today that it has reached an agreement to market and supply the long distance service for General Media's virtual pre-paid long distance calling card.
General media publishes PENTHOUSE magazine world wide.
The Penthouse Web site, where the Penthouse virtual prepaid calling will be featured is one of the more active sites on the web. Tom Morsey president of Saratoga Telecom, SHCC's operating subsidiary that will service this contract said "with the natural and sustained interest the Penthouse site generates every week, we look to increase our revenue base several times over our present sales level." Mr. Morsey went on to say that "with Penthouse being published in over 16 countries worldwide, its virtual long distance prepaid card will receive excellent offshore exposure to qualified buyers. We are being afforded an opportunity to sell our competitively priced service in a captive environment. This should be successful for Saratoga."
Saratoga continues to negotiate on several fronts that are each designed to enhance the company's performance and build its revenue and asset base. More information will be published as it becomes available.
About Saratoga International Holdings Corporation
Saratoga International Holdings Corporation is a global telecommunications company whose growth is based upon a plan of acquisition and consolidation of existing businesses and technologies, products and services targeted at the rapidly expanding e-commerce industry. Through its TalkIsCheapCard(TM) Program, Saratoga Telecom seeks to establish itself as a worldwide reseller to Internet-based long-distance service re-sellers. By making economical pre-paid long-distance available to second and third world countries, directly over the Internet, Saratoga positions itself to capture a significant share of the pre-paid long-distance market.
Contact:
Mr. Patrick Rost of PMR and Associates, the company's corporate public relations firm, may be contacted at 760/942-0015; e-mail pmrandco@aol.com. SHCC can be reached by calling 888/878-9683 or logon to SaratogaHoldings.com; for more information about the TalkIsCheapCard(TM) Program, logon to website www.TalkIsCheapCard.com; for more about the company's stock, logon to www.otcinfo.net
This press release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Act of 1995. Expression of future goals and similar expressions reflecting something other than historical fact involve risks and uncertainties. The actual results the company achieves may differ materially from any forward-looking statements due to such risks and uncertainties.
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