| DTI Corporation Appoints Chairman & CEO
LOS ANGELES--(BUSINESS WIRE)--Sept. 28,
2001--Dial-Thru International Corporation (OTCBB:DTIX) today announced
that the Board of Directors has appointed John Jenkins as Chairman and
chief executive officer.
Jenkins has been President and COO since January 2000, and replaces Roger
Bryant who is leaving the management group to pursue other business
interests. Bryant will remain active on the Board of Directors.
Jenkins said, "On behalf of our shareholders, I want to thank Roger for
the contribution he has made as part of the management team over the last
several years and wish him well in his new endeavors. I'm sure his
continued participation as a member of the board will make this a smooth
transition.''
Bryant added, "These final changes complete a transition of our company
that began over two years ago. We now have a very strong management team
in place with extensive telecommunications experience and we are
positioned for outstanding growth. I want to thank all our shareholders
for their past support and truly believe that they can expect significant
events and accomplishments in the coming months and years.''
Dial-Thru International Corporation (www.dialthru.com)
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 October 31, 2000, which was filed on January 29, 2001
with the SEC.
Contact:
Dial-Thru International Corporation
Investor Relations Karin D. Case, 813/264-8823 |