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ONLINETEL SIGNS THREE CONTRACTS

Telecommunications software and services company Onlinetel Corp. has inked three advertising contracts with Rogers Broadcasting, Stop n Cash Inc. and Universal Studios Home Video Canada Inc. Onlinetel, which is a division of Toronto-based Eiger Technology, offers an advertising-based free long distance service within the Greater Toronto Area's 905 area code. In exchange for listening to a 15-second advertisment, a customer in the 905 region receives a free call within that area. Terms of the contracts have not been released.

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