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TEK DigiTel Corporation

 

 

Investor Relations:

 

 

Flora Wood/Phil Williams

 

 

Alphus Inc.

 

 

1-888-393-4979 416-323-3888

 

 

ir@tekdigitel.com

 

 

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. 

Statements made in this press release that are not historical or current facts are “forward looking statements” made pursuant to the safe harbor provisions of the Federal Securities Laws.  Forward looking statements represent management’s best judgement as to what may occur in the future, but are subject to certain risks and uncertainties that could cause actual results and events to differ materially from those presently anticipated or projected.  These factors include the possibility of issues arising that may affect the company’s ability of having its listing reinstated, changing economic and competitive conditions, and other risks and uncertainties.