DTI Executives Invest More Than $1 Million

 
LOS ANGELES--(BUSINESS WIRE)--Oct. 24, 2001--Dial-Thru International Corporation (OTC BB: DTIX) senior management team has invested more than $1 million to reinforce its commitment to the success of their business plan, John Jenkins, Dial-Thru's president and CEO announced today.

Management decided to invest $1 million in working capital to assure the company reaches positive cash flow within the next fiscal year and ensure funds are readily available for the continued growth of the business, according to Jenkins.

"Our key executives, myself included, see this as an affirmation of our total dedication to accomplish our main objective, which is, bringing DTI to the forefront of global communications. In light of the difficult market environment, we felt it appropriate to invest in a company that is both a growth company and that is expected to recognize positive cash flow almost immediately without the need to raise additional funds,'' said Jenkins. "As we increasingly commit to and invest in the future of this company, we further transition DTI to fully capitalize on the enormous growth opportunities that have resulted from our recent acquisition of Rapid Link.''

"The most notable aspect of this announcement, from a shareholder perspective, is that these investments represent a significant financial commitment on behalf of the management parties involved,'' said Fidler. "Allen Sciarillo, Dial-Thru's chief financial officer, is new to the company, yet already has enough confidence in the company's current prospects to commit a very substantial portion of his assets to Dial-Thru.''

Dial-Thru International Corporation 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 has developed 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. Dial-Thru selectively targets emerging international markets with demand for services that can be derived from IP technologies. For more information visit the company website at http://www.dialthru.com. For investor information call 813/264-8823.

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 Corporation
Investor Relations Karin D. Case, 813/264-8823