LOS ANGELES--(BUSINESS WIRE)--April 17, 2001--Dial-Thru International Corp. (OTCBB:DTIX) today announced that it has received $1 million in funding through the placement of convertible debentures with Global Capital Funding Group Ltd., an SBIC exclusively advised by Global Capital Advisors Ltd. of Cumming, Ga.

John Jenkins, president and chief operating officer, stated: "Completing this financing is timely and key to our near-term growth plans. Many telecom companies, particularly wholesale carriers, have experienced financial pressures during this past year and this has resulted in reduced competition in a number of emerging markets.

"This has created an excellent opportunity for DTIX to accelerate our expansion into targeted multi-billion dollar regions of South Africa and South America. Completing this transaction with Global Capital provides the resources needed to capitalize on this unique opportunity.''

Brad A. Thompson, chief investment officer of Global Capital, added: "We are very excited about the opportunity to work with DTIX. Their strategy of focusing on retail opportunities in selected foreign markets seems very timely in light of developments within the telecommunications industry.

"The management team is highly competent, results oriented and well focused on achieving the company's goals. We expect this partnership to result in the building of real shareholder value and profitability for all involved. We feel that DTIX is also currently undervalued and offers significant upside potential.''

Dial-Thru International is a facilities-based provider of telecommunications products and services, including international dial-thru, re-origination, Internet fax, e-commerce, ISP, ASP, Unified Messaging, phone-card products, and other enhanced Internet telephony services.

The company is developing a private IP Telephony network and utilizes Voice over Internet Protocol (VoIP) and other compression techniques to improve both cost and efficiencies of telecommunications transmissions. DTIX selectively targets emerging international markets with demand for services that can be derived from IP technologies.

This release contains forward-looking statements within the meaning of the Securities Exchange Act of 1934, which represents the company's expectations or beliefs concerning, among other things, future operating results and various components thereof and the adequacy of future operations to provide sufficient liquidity. The company cautions that such matters necessarily involve significant risks and uncertainties that could cause actual operating results and liquidity needs to differ materially from such statements, including, without limitation: (i) increased competition in the telecommunications business, (ii) the price-sensitive nature of consumer demand, (iii) the company's dependence upon favorable pricing from its carriers and suppliers and (iv) other risks indicated herein and in filings with the Commission, including the Form 10-K for the fiscal year ended Oct. 31, 2000, which was filed on Jan. 29, 2001, with the SEC.


Contact:
Dial-Thru International Corp.
Roger Bryant, 213/627-7599, ext. 106