otcbb itst 38 uregent news alert urgent news alert stock profile press release international telephone services telecommunications company born 1995 whose objective bring advanced technology communications within reach clients started offering call back service wide portfolio foreigners costa del sol south spain extending businesses also based area december 1998 full liberalisation occurred telecommunications market spain focused efforts providing made measure service client best price high level quality company point offered primarily long distance national international calls prepaid calling cards intelligent numbers 90 x 800 type boom telecoms markets mid 2000 began quote otcbb began expanding presence prime tourist locations spain unfortunately initiative enough time get traction dot com bubble burst dragged investor confidence rest telecommunications sector end 2001 downsized operations refocused efforts south spain order ride storm january 2002 actual shareholders happy financial business results produced management time absence clear strategy bring back forefront competitive telecoms market spain decided change management team order bring fresh ideas executive team capable relaunching serious contender thereby increasing company value end march new ceo joined company bringing wealth experience telecoms sector spain north america since time new ceo put place new executive team consisting new cfo coo well director sales key positions filled seasoned veterans telecoms consulting areas amongst bring 80 years related work experience project addition focus company changed regionally focused reseller services integrated telecommunications provider focused competitive packaging services specific market segments nationwide services resold others developed installed maintained supported thus providing differentiated advantage respect traditional competitors services innovative services yet offered spain another element maximize effectiveness new positioning head office moved madrid spain telecoms center new positioning focused ensuring every dollar capital employed satisfactory return shareholders 1 building little owned infrastructure commodity services utilizing integrating vast amount underutilized infrastructure existing operators 2 investing technologically innovative infrastructures services 3 investing optimising commercial dimensions company excellent list blue chip distribution partners corte ingles respol petrol stations carrefour 220 stores cards distributed 2000 outlets spain including 1 000 post offices company pending contracts u military base spain 15 adventure marine parks large chain convenience stores throughout spain management team gustavo g mez networks president herman de haas managing director jaime colomer departamento financiero herman de haas sales department alvaro l pez manager b rbara oca human resources office administration business description networks teleconnect become one top four calling card providers spain range well established calling cards launched covering different market segments prepaid calling cards allow customers make long distance international calls phone especially helpful public access phones payphones coins needed telephones temporary accommodations hotels surcharges addition card cost saver private telephone mobile phones calling cards require user dial toll free prefix number listen instructions given various languages asking customer dial code pin code confirmed user dials desired destination number cards distributed various sales channels purchased variety local merchants kiosks etc used primarily tourists foreign residents students immigrants prepaid cards spectacular rates market save money win fortune cheapest rates calling capital cities phonecard long calls tourist card speedline new service making international calls fixed lines without need join fill forms contract need pre pay open account use credit card use service pay normal operator national calls moment speedline available fixed lines mobiles selected countries shown usa canada argentina buenos aires argentina cordoba argentina mendoza brazil rio de janeiro brazil sao paulo chile mexico guadalajara mexico mexico city mexico monterrey peru lima spain germany austria belgium czech republic denmark finland france ireland italy netherlands norway poland portugal russia moscow russia st petersburg sweden uk bulgaria sofia estonia israel luxembourg switzerland vatican city australia china china mobile korea south japan hong kong hong kong mobile taiwan malaysia new zealand palestine singapore singapore mobile residential services 1 gotel save international interprovincial calls check telephone cost call land line private public mobile phone 2 mundo postpaid service highly competitive rates international calls also offering attractive prices local calls calls rest spain portugal mobiles advantages international calls rates national calls competitive tariffs national calls market leaders international rates allowing savings 70 3 iberica postpaid service highly competitive rates local calls calls rest spain portugal mobile phones international calls also competitive advantages spain portugal rate interprovincial provincial tariffs calls portugal interprovincial tariff competitive rates calls mobiles international calls attractive tariffs tarifa mundo postpaid service highly competitive rates international calls also offering attractive prices local calls calls rest spain portugal mobiles advantages international calls rates national calls tariffs national calls market leaders international rates allowing savings 70 tarifa ib rica postpaid service highly competitive rates local calls calls rest spain portugal mobile phones international calls also competitive advantages spain portugal rate interprovincial provincial tariffs calls portugal interprovincial tariff competitive rates calls mobiles international calls attractive tariffs tarifa mundo postpaid service highly competitive rates international calls also offering attractive prices local calls calls rest spain portugal mobiles advantages international calls rates national calls tariffs national calls market leaders international rates allowing savings 70 tarifa ib rica postpaid service highly competitive rates local calls calls rest spain portugal mobile phones international calls also competitive advantages spain portugal rate interprovincial provincial tariffs calls portugal interprovincial tariff competitive rates calls mobiles international calls attractive tariffs mobiplus service designed people using mobile telephones prepaid contract roaming make international calls looking savings calls advantages save 82 international calls made mobiles fast access mobiplus services speed dial multilingual customer services automatic cli validation pin requested flat rate used mobile quick easy changes previous press releases important notice disclaimer please read magical stock affiliates ms publishes reports providing information selected companies ms believes investment potential ms registered investment advisor broker dealer report provided information service statements opinions report construed offer solicitation buy sell security ms accepts liability loss arising investor reliance use report investment itst considered highly speculative considered unless person afford complete loss investment ms agreed profile itst paid 40 000 free trading shares third party pentraus 320 000 options 3375 exercised third party bmi publication circulation report ms owns shares itst stock time publication report subsequently ms may buy sell shares itst stock open market report contains forward looking statements involve risks uncertainties may cause actual results differ materially set forth forward looking statements details concerning risks uncertainties see sec filings itst including company recent annual quarterly reports message sent address paliourg iit demokritos gr stop 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