SAN FRANCISCO, June 15, 2000 (PRIMEZONE) -- StreetFusion (www.streetfusion.com) is hosting PTEK Holdings' (Nasdaq:PTEK) annual shareholder meeting through July 4 at 8:00pm. The webcast is also available at www.ptek.com.
Free access to this and many live and on-demand earnings and special events as well as a calendar of upcoming events is available at www.streetfusion.com, the Internet's most comprehensive financial event information network and the market leader in financial webcasting.
About StreetFusion
StreetFusion is the leading network for financial events, linking approximately 6,000 public companies, 2,000 of the nation's leading buyside and sellside firms, and millions of individual investors. The company hosts the most comprehensive and accurate collection of financial event webcasts and event logistics available anywhere. StreetFusion has simplified and streamlined financial communications, enabling the distribution of time sensitive and critical information through a secure, password-protected environment. Online event planning, event publishing, and event webcasting ensure targeted distribution with pinpoint accuracy. For information on StreetFusion's services, visit www.streetfusion.com or call toll-free (877) 343-0020.
About PTEK Holdings, Inc.
PTEK Holdings, Inc. (Nasdaq:PTEK) is a network of leading Internet and business-to-business service providers. The Company's PTEKVentures investment arm has ownership interests in Healtheon/WebMD (Nasdaq:HLTH), S1 Corporation (Nasdaq:SONE), USA.NET, Webforia, Derivion, i2Go.com, BuyTrek, ScienceWise.com, clickandmove.com, Ntown, PlanetJam Media Group and iKimbo. PTEK's three operating units are Xpedite, Voicecom and Premiere Conferencing. PTEK leverages the technologies, management expertise, market channels and capital of its network to drive growth and promote market leadership throughout its operating and network companies. Additional information can be found at www.ptek.com.
Statements made in this press release, other than those concerning historical information, should be considered forward-looking and subject to various risks and uncertainties. Such forward-looking statements are made pursuant to the 'safe harbor' provisions of the Private Securities Litigation Reform Act of 1995 and are made based on management's current expectations or beliefs as well as assumptions made by, and information currently available to, management. A variety of factors could cause actual results to differ materially from those anticipated in Premiere's forward-looking statements, including the following factors: competitive pressures among communications services providers, including pricing pressures, may increase significantly; Premiere's ability to respond to rapid technological change, the development of alternatives to its products and services and the risk of obsolescence of its products, services and technology; market acceptance of new products and services; development of effective marketing, pricing and distribution strategies for new products and services; strategic investments in early stage companies, which have limited operating histories and are subject to significant risks, may not be successful and returns on such strategic investments, if any, may not match historical levels; the value of Premiere's business may fluctuate because the value of some of its strategic equity investments fluctuates; Premiere's strategic investments in companies that are subject to the Securities Exchange Act of 1934 are subject to the risks disclosed by those companies in their public filings; Premiere may incur significant costs and may be forced to make disadvantageous business decisions to avoid investment company status, and Premiere may suffer adverse consequences if it is deemed to be an investment company; Premiere's ability to manage its growth; costs or difficulties related to the integration of businesses and technologies, if any, acquired or that may be acquired by Premiere may be greater than expected; expected cost savings from past or future mergers and acquisitions, may not be fully realized or realized within the expected time frame; revenues following past or future mergers and acquisitions may be lower than expected; operating costs or customer loss and business disruption following past or future mergers and acquisitions may be greater than expected; the success of Premiere's strategic and other distribution relationships, including the amount of business generated and the viability of the strategic relationships, may not meet expectations; possible adverse results of pending or future litigation or adverse results of current or future infringement claims; risks associated with interruption in Premiere's services due to the failure of the platforms and network infrastructure utilized in providing its services; risks associated with the Year 2000 issue, including Year 2000 problems that may arise on the part of third parties which may effect Premiere's operations; risks associated with expansion of Premiere's international operations; general economic or business conditions, internationally, nationally or in the local jurisdiction in which Premiere is doing business, may be less favorable than expected; legislative or regulatory changes may adversely affect the business in which Premiere is engaged; and changes in the securities markets may negatively impact Premiere.
For a detailed discussion of these and other cautionary statements and factors that could cause actual results to differ from the Company's forward-looking statements, please refer to the Company's filings with the Securities and Exchange Commission, especially in the "Factors Affecting Future Performance" included in the Management's Discussion and Analysis section of the Company's Form 10-K for the fiscal year ended December 31, 1999 and in subsequent filings filed with the Securities and Exchange Commission.