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TEK
DigiTel Corporation |
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Investor
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Flora Wood/Phil Williams |
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Alphus Inc. |
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1-888-393-4979
416-323-3888 |
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TEK
DigiTel Corporation Submits a Form 10-SB Registration Statement to the
SEC
First Step Accomplished in Being Relisted on the OTCBB
GERMANTOWN, Maryland -
August 3, 2000 TEK
DigiTel Corporation (TEKI: EQS) announced that it filed its 10-SB registration
form with the SEC on August 2, 2000. The filing of the form 10-SB represents the
first step in becoming an SEC reporting company so that it may be eligible for
listing again on the National Association of Securities Dealers Over the Counter
Bulletin Board (OTCBB). Now the SEC and NASD will complete their regulatory
review process. Once the registration statement has been declared effective, TEK
will become a reporting company, filing quarterly and annual financials and
other required reports. An electronic copy of the TEK 10-SB as filed can be
obtained on-line at www.freeedgar.com.
“We
are pleased to have taken this first step to comply with the NASD Eligibility
Rule,” states Enghe Chimood, CEO. “The strict audit and legal standards we
observed in this process prepare us well for our role as a full reporting
company.”
TEK
will hold a conference call; the date and time will be announced in a
forthcoming press release. This call will provide background information and
address shareholder questions. In order for Management to prepare the
appropriate information, please phone or e-mail questions in advance to Investor
Relations.
TEK
DigiTel is currently trading on the National Quotation Bureau’s “pink
sheets” where the following market makers make a market: FRAN, HILL, HRZG,
MHMY, NITE, PRGM, SHRP and WDCO. Quotations
of TEK’s stock may be obtained from brokers or from various websites such as www.quicken.com,
www.cnbc.com, www.dljdirect.com,
and www.pcquote.com.
TEK’s investor relations department at 1-888-393-4979 (or at
416-323-3888 for callers outside the U.S. and Canada) can also provide quotes
from these sources.
About
TEK DigiTel Corporation (http://www.tekdigitel.com)
Based
in Germantown, Maryland, TEK DigiTel Corporation delivers integrated CPE
(Customer Premise Equipment) communications solutions optimized for use in SOHO,
small- and medium-sized businesses. Working with
Service Providers and OEM partners, TEK is focused on integrating fax- and
Voice-over-IP (VoIP) technologies with conventional PBX systems and data routing
devices to create a low- cost, easy-to-use Internet communications hub. Founded
in 1998, TEK DigiTel is headed by a management team with extensive related
experience gained at leading manufacturers and service providers including
Motorola, 3Com, IBM, Nortel Networks, Rockwell, Hughes, MCI Worldcom, Bell
Atlantic, Bell Canada, BellSouth and GTE.