TUCSON, Ariz., March 20 /PRNewswire/ -- Wavetech International, Inc.
(OTC Bulletin Board: ITEL) announced today that Kelvin C. Wilbore has been
named as Vice President of Wavetech, in-charge of product commercialization.
Immediately prior to joining Wavetech, Wilbore served as a Senior Manager
at Arthur Andersen working primarily in the telecom sector. Wilbore has
20 years experience in business requirements specification, application
development, project management and management consulting.
With 13 years in the financial sector, he has also served as Vice
President, Business Solutions at Amalgamated Banks of South Africa (ABSA) --
the largest banking group in Africa. Wilbore joined Wavetech International,
Inc. as a Project Manager in January 2000 and has since been primarily
involved in the product commercialization.
Wilbore holds a B.S. in Mathematics and Mathematical Statistics from
Rhodes University and an MBA from the University of Cape Town.
Wavetech also announces that the commercialization process of its
Internet-based communications products has begun with a current beta test
underway.
Kelvin Wilbore assesses the current commercialization process as follows:
"Management is satisfied with market acceptance of their communications
service product line based on early indications from the Beta Test.
Information gathered from the Beta Test is currently being used as input into
the commercialization process for the product. Current efforts are targeted
at ensuring high security and a flexible yet simple signup process, providing
web-based real-time billing and a web-based customer service infrastructure.
These efforts are all designed to offer a product that is easy to use yet rich
in function."
Gerald Quinn, President & CEO of Wavetech says, "Current efforts are being
made to ensure that the various system components will be able to process
significant traffic volumes. The Company needs to have the ability to react
quickly to demand, as the web provides world-wide access and visibility that,
combined with automated signup, may create traffic levels at a very rapid
growth rate. The Company is focusing on delivering a commercial grade
Internet communications product."
This press release contains certain forward-looking statements made
pursuant to the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. This information may involve risks and uncertainties that
could cause actual results to differ materially from such forward-looking
statements. Factors that would cause or contribute to such differences
include, but are not limited to, those factors detailed by Wavetech in its
filings with the Securities and Exchange Commission.
CONTACT: Bill Roberts of CTC Inc., 937-434-2700, for Wavetech
International, Inc.
SOURCE Wavetech International, Inc.
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CONTACT:
Bill Roberts of CTC Inc., 937-434-2700, for
Wavetech International, Inc.
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