ITS Networks Inc. Retains Investment Bank Solid ISG

Apr 03, 2001, 01:00 ET from ITS Networks Inc.

    MALAGA, Spain, April 3 /PRNewswire/ -- In a move to further enhance its
 position in the financial markets and to prepare its aggressive plan of
 acquisitions, ITS Networks Inc. (OTC Bulletin Board:   ITSN) announces today
 that it has retained Solid ISG Capital Markets, LLC as its Investment Banking
 firm.
     Solid ISG (International Securities Group) is a full service investment
 bank with affiliated offices in New York, London and Tel Aviv.  It specializes
 in bringing early-stage capital financing to companies pioneering in the areas
 of communication, software, life sciences and technology.
     The President of ITS Networks Inc., Frederic Cohen, comments that "We are
 extremely excited at the prospect of working with Solid ISG at all levels of
 our business.  The synergies between the two companies are evident and we are
 very proud that Solid ISG have chosen to work with us on our capital and
 acquisition plans.  Both parties are looking forward to working together on
 such an exciting project."
     I.T.S. Europe S.L., a wholly owned subsidiary of ITS Networks Inc., is a
 Spanish telecommunications corporation.  ITS offers the market Direct
 Pre-Selected Fixed Line Services, Cellular Services, Email, Broadband, Dial
 Around Calling, Calling Cards, Auto Dialers, Call Back Services, Business to
 Business E-Commerce and other Internet and Web Design Services.
 
     Except for the historical information contained herein, the statements in
 this press release are forward-looking statements that involve risks and
 uncertainties.  Potential risks and uncertainties include, without limitation,
 continued competitive pressures in the marketplace; the effect competitive and
 economic factors and the Company's reaction to them may have on consumer and
 business buying decisions with respect to the Company's products; the ability
 of the Company to make timely delivery of new products and successful
 technological innovations to the marketplace; the continued availability of
 certain components and services essential to the Company's business currently
 obtained by the Company from sole or limited sources.  More information on
 potential factors that could affect the company's financial results is
 included from time to time in the Company's public reports filed with the SEC.
 
 

SOURCE ITS Networks Inc.
    MALAGA, Spain, April 3 /PRNewswire/ -- In a move to further enhance its
 position in the financial markets and to prepare its aggressive plan of
 acquisitions, ITS Networks Inc. (OTC Bulletin Board:   ITSN) announces today
 that it has retained Solid ISG Capital Markets, LLC as its Investment Banking
 firm.
     Solid ISG (International Securities Group) is a full service investment
 bank with affiliated offices in New York, London and Tel Aviv.  It specializes
 in bringing early-stage capital financing to companies pioneering in the areas
 of communication, software, life sciences and technology.
     The President of ITS Networks Inc., Frederic Cohen, comments that "We are
 extremely excited at the prospect of working with Solid ISG at all levels of
 our business.  The synergies between the two companies are evident and we are
 very proud that Solid ISG have chosen to work with us on our capital and
 acquisition plans.  Both parties are looking forward to working together on
 such an exciting project."
     I.T.S. Europe S.L., a wholly owned subsidiary of ITS Networks Inc., is a
 Spanish telecommunications corporation.  ITS offers the market Direct
 Pre-Selected Fixed Line Services, Cellular Services, Email, Broadband, Dial
 Around Calling, Calling Cards, Auto Dialers, Call Back Services, Business to
 Business E-Commerce and other Internet and Web Design Services.
 
     Except for the historical information contained herein, the statements in
 this press release are forward-looking statements that involve risks and
 uncertainties.  Potential risks and uncertainties include, without limitation,
 continued competitive pressures in the marketplace; the effect competitive and
 economic factors and the Company's reaction to them may have on consumer and
 business buying decisions with respect to the Company's products; the ability
 of the Company to make timely delivery of new products and successful
 technological innovations to the marketplace; the continued availability of
 certain components and services essential to the Company's business currently
 obtained by the Company from sole or limited sources.  More information on
 potential factors that could affect the company's financial results is
 included from time to time in the Company's public reports filed with the SEC.
 
 SOURCE  ITS Networks Inc.