Netlojix Communications Inc – ‘8-K’ for 10/23/96 – EX-22

As of:  Thursday, 11/7/96   ·   For:  10/23/96   ·   Accession #:  898430-96-5163   ·   File #:  0-27580

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Current Report   —   Form 8-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Form 8-K Dated 10-23-96                                4     25K 
 2: EX-2.2      Amendment No. 1 to Acquisition Agreement, Dated        2     11K 
                          October 22, 1996.                                      
 3: EX-3.1      Amendment and Restated Articles of Incorp. of Hi,      4     13K 
                          Tiger, Int'L                                           
 4: EX-3.2      Amended Bylaws of Hi, Tiger, International, Inc.      24     91K 
 5: EX-4.1      Designation of Rights, Preferences and Privileges     14     47K 
                          of the Reg.                                            
 6: EX-4.2      Rights Agreement Dated 10-23-96                       11     43K 
 7: EX-22       Press Release Dated 10-24-96                           1      7K 

EX-22   —   Press Release Dated 10-24-96

EX-22
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                                                                      Exhibit 22

HI, TIGER INTERNATIONAL ANNOUNCES THE COMPLETED 
ACQUISITION OF AVTEL COMMUNICATIONS 

SALT LAKE CITY, Oct. 24/PRNewswire/ -- Hi, Tiger International, Inc., 
(OTC:HITI) today announced that the Company has completed the acquisition of    
AvTel Communications, Inc.  As a result, Hi, Tiger now has approximately 7.4    
million fully diluted shares of common stock and 1.0 million shares of preferred
stock is issued and outstanding.                                                
 Shareholders of the Company approved the transaction as well as a newly
elected three member board of directors including Anthony E. Papa as Chairman   
and Chief Executive Officer, James P. Pisani as Executive Vice President and    
Chief Operating Officer, and Barry A. Peters.  Shareholders also approved the   
change of the Company name to AvTel Communications, Inc.                        
   Anthony E. Papa, newly elected Chairman and Chief Executive Officer said,
"The combined Company's objectives include expanding our PointStream and        
FrameLink high-speed digital network connections to customers nationwide."      
 The Company provides corporate customers and individuals with broadband
dedicated and dial-up voice and data connections, and expects to increase its   
full suite of services to include follow-me routing, interactive voice mail, fax
mail, contact management, local and long distance telephone service, and        
wireless paging.                                                                
    As a convenient single source provider, the Company is uniquely positioned
to capture significant market share as it bundles and distributes a broad       
spectrum of telecommunications, data, Internet and interactive voice processing 
services.                                                                       

SOURCE     Hi, Tiger International, Inc.                                        
-0-                                   10/24/96                        
/Contact:   James P. Pisani, Chief Operating Officer of AvTel         
Communications, Inc., 805-685-0355 or 801-532-1117/                             

-0-