TORONTO, April 17, 2002 (PRIMEZONE) -- Telesis (OTCBB:TNCVF) (CDNX:TNC), a leading developer and marketer of data acceleration software, today advised that the Company's president, Adrian Stimpson, was interview by Wall Street Reporter, an information source for professional investors seeking new investment ideas. The discussion focused on Mr. Stimpson's vision for the company and related developments in the wireless data and Internet Service Provider (ISP) industries.
"We have three very exciting dynamics occurring for Telesis -- (1) the rapid worldwide deployment of 'next generation' wireless data networks; (2) the desire of ISPs to differentiate with value-added offerings; and (3) the launch of OVERDRIVE which will accelerate data communications in both these markets," commented Mr. Stimpson. "It was a pleasure to speak with Wall Street Reporter about these developments and our plans to take maximum advantage of them."
The interview is available online at http://www.wallstreetreporter.com by following the links to CEO Interviews, OTCBB.
About Telesis
Founded in 1989, Telesis North Communications Inc. ("Telesis") (CDNX:TNC) (OTCBB:TNCVF) develops and markets data acceleration software for wireless and landline networks. The Company's core product, OVERDRIVE(tm), allows ISPs and wireless carriers to accelerate the effective performance of their networks by up to 10 times, resulting in cost savings and greater customer satisfaction. For accessing email, the Web, or any corporate application, Telesis "makes data move faster." Telesis is headquartered in Toronto, Canada, with a regional office in the United Kingdom. The Telesis Web site can be found at www.telesis.ca.
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This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Sections 21E of the Securities Exchange Act of 1934, and are subject to the safe harbor created by these sections. Such forward looking statements, particularly as related to the business plans of the Company, expectations of strategic relationships, business opportunities, acquisitions of capital equipment, availability of investment capital and future financing, and the Company's ability to gain market share, are based on current expectations that involve a number of risks and uncertainties. Actual results may differ materially from the Company's expectations and estimates. The Canadian Venture Exchange Inc. has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.