The Equity Reporter
PLTN Sounding Crystal Clear as it Dials into
$108 Billion Long Distance Market!

The research staff here at The Equity Reporter has uncovered a company in the lucrative long distance provider industry. Pipeline Technologies, Inc. (OTCBB: PLTN) is a national provider of Flat Rate Nationwide Calling. Flat Rate Nationwide Calling is changing the way people pay for long distance services. "Flat Rate" means one rate per month - every month. Businesses and consumers enjoy substantial savings, plus the freedom to talk for a longer period of time, while controlling the costs of long distance spending. That's why, with PLTN, Freedom is Calling.

PLTN's corporate attitude is driven by the desire to provide the highest quality service at the lowest prices while enhancing profits and shareholders' value. At the same time, their philosophy is to capitalize on the current climate in the telecommunications industry. In every industry downturn, opportunities can present themselves for a small, aggressive company like PLTN to develop relations with corporations that have networks, infrastructure, and personnel, but lack sufficient customers. This is where PLTN has the advantage. By utilizing strategic partnerships with those who are recognized leaders in the field, PLTN is able to rapidly bring to the market fully integrated products and services demanded by both residential and business customers alike.

PLTN has recently entered into an agreement to offer its domestic long distance services to Flor-Tex Marketing, Inc., an 80,000 member sales organization that represents one of the largest, most respected providers of prepaid legal services. With the typical member using approximately 1000/month, a conservative 10% coverage of the sales force could equate to gross monthly revenues to PLTN of $400,000.

PLTN's new philosophy of streamlining overhead and expanding product lines through outsourcing with new industry partners has already drastically reduced monthly corporate overhead by 60%. At the same time the company is reducing its overhead, it is expanding product lines by partnering with companies to provide multi-network connections that include both PSTN and VOIP networks. This ability has created new products for the company to market at highly competitive prices. PLTN should maintain this competitive edge through the continuing ability to negotiate prices for products without the constraints faced by their remaining competitors.

As stated before, PLTN is already a viable company that has reduced its corporate overhead by 60%. This new development, combined with an expected yearly boost in revenues of $4,800,000 or .34 cents a share could very well make this one a high growth investment play in 2002.

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