NACT Excluded From World Access Bankruptcy; NACT Continues to Operate Independently of Its Parent Company

Apr 27, 2001, 01:00 ET from NACT Telecommunications, Inc.

    PROVO, Utah, April 27 /PRNewswire/ -- NACT Telecommunications, Inc., a
 leading provider of fully integrated telecom applications, gateways, and
 billing systems, announced today that it will continue business operations,
 unaffected by the Chapter 11 Bankruptcy filing of its parent company,
 World Access.
     (Photo:  http://www.newscom.com/cgi-bin/prnh/20010427/LAF026LOGO )
     NACT is a self-funding business unit and a separate legal entity that
 operates independently of World Access.  World Access has no intention to file
 for Chapter 11 protection for NACT.
 
     About NACT
     Founded in 1982, NACT, the switching division of World Access, Inc., is a
 leading provider of fully integrated advanced telecom applications, gateways,
 and billing systems.  NACT's products include the IPAX family of gateway
 systems, the NTS 2000 Billing/OSS system, as well as complete training and
 consulting services.  NACT is a division of Atlanta, Georgia-based
 World Access, Inc.  IPAX and VoIP-7 are trademark pending products of NACT.
 All other company and product names are trademarks of their respective
 companies.
 
     This press release may contain financial projections or other
 forward-looking statements made pursuant to the safe harbor provisions of the
 Securities Reform Act of 1995.  Such statements involve risks and
 uncertainties which may cause actual results to differ materially.  These
 risks include: inability to obtain adequate financing or financing on terms
 acceptable or favorable to World Access, Inc. ("the Company"); inability to
 restructure existing debt obligations; potential inability to identify,
 complete and integrate acquisitions; difficulties in expanding into new
 business activities; delays in new service offerings; the potential
 termination of certain service agreements or the inability to enter into
 additional service agreements; and other risks described in the Company's SEC
 filings, including the Company's Annual Report on Form 10-K for the year ended
 December 31, 1999, as amended, the Company's Quarterly Reports on Form 10-Q
 for the quarters ended March 31, 2000 and June 30, 2000, as amended, the
 Company's Quarterly Report on Form 10-Q for the quarter ended September 30,
 2000, and the Company's Registration Statements on Forms S-3 (No. 333-79097)
 and S-4 (No. 333-37750 and 333-44864), and the Company's Report on Form 8-K
 dated February 21, 2001, all of which risks are incorporated by reference into
 this press release.
 
     For further information, please contact:  Gina Convey of
 NACT Telecommunications, Inc., 801-802-3000, http://www.nact.com.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X23746364
 
 

SOURCE NACT Telecommunications, Inc.
    PROVO, Utah, April 27 /PRNewswire/ -- NACT Telecommunications, Inc., a
 leading provider of fully integrated telecom applications, gateways, and
 billing systems, announced today that it will continue business operations,
 unaffected by the Chapter 11 Bankruptcy filing of its parent company,
 World Access.
     (Photo:  http://www.newscom.com/cgi-bin/prnh/20010427/LAF026LOGO )
     NACT is a self-funding business unit and a separate legal entity that
 operates independently of World Access.  World Access has no intention to file
 for Chapter 11 protection for NACT.
 
     About NACT
     Founded in 1982, NACT, the switching division of World Access, Inc., is a
 leading provider of fully integrated advanced telecom applications, gateways,
 and billing systems.  NACT's products include the IPAX family of gateway
 systems, the NTS 2000 Billing/OSS system, as well as complete training and
 consulting services.  NACT is a division of Atlanta, Georgia-based
 World Access, Inc.  IPAX and VoIP-7 are trademark pending products of NACT.
 All other company and product names are trademarks of their respective
 companies.
 
     This press release may contain financial projections or other
 forward-looking statements made pursuant to the safe harbor provisions of the
 Securities Reform Act of 1995.  Such statements involve risks and
 uncertainties which may cause actual results to differ materially.  These
 risks include: inability to obtain adequate financing or financing on terms
 acceptable or favorable to World Access, Inc. ("the Company"); inability to
 restructure existing debt obligations; potential inability to identify,
 complete and integrate acquisitions; difficulties in expanding into new
 business activities; delays in new service offerings; the potential
 termination of certain service agreements or the inability to enter into
 additional service agreements; and other risks described in the Company's SEC
 filings, including the Company's Annual Report on Form 10-K for the year ended
 December 31, 1999, as amended, the Company's Quarterly Reports on Form 10-Q
 for the quarters ended March 31, 2000 and June 30, 2000, as amended, the
 Company's Quarterly Report on Form 10-Q for the quarter ended September 30,
 2000, and the Company's Registration Statements on Forms S-3 (No. 333-79097)
 and S-4 (No. 333-37750 and 333-44864), and the Company's Report on Form 8-K
 dated February 21, 2001, all of which risks are incorporated by reference into
 this press release.
 
     For further information, please contact:  Gina Convey of
 NACT Telecommunications, Inc., 801-802-3000, http://www.nact.com.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X23746364
 
 SOURCE  NACT Telecommunications, Inc.

RELATED LINKS

http://www.nact.com


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