FAIRFIELD, N.J., Jan. 27, 2005 (PRIMEZONE) -- Accesstel, Inc. (OTCBB:ASTI)-- Global Invest Holdings Inc. -- has secured for the second consecutive year private label orders from The Sockyard Company, Inc. for the French Toast(r) Brand of Children's tights licensed from Lollytogs, LTD. In 2004, Global Invest's sales to The Sockyard Company were nearly $500,000.00.
Lollytogs, LTD a private company was founded in 1958 to produce children's wear brands at competitive prices. The French Toast(r) name has over the years become synonymous with quality children's wear. Along with French Toast(r), Lollytogs is represented by other recognizable brand names including HealthTex(r), Cotler(r), Rim Rocka(r), and University Club(r). They are represented in over 15,000 outlets nationwide including department stores, national chains, discount stores, warehouse clubs, specialty stores and independents.
For more details, visit our website www.globalinvestholdings.com
On behalf of the Board Ralph Sayad, Chief Executive Officer Accesstel, Inc.
This news release includes "forward-looking statements" as that term is defined in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements other than statements of historical fact are statements that could be deemed forward-looking statements and are often characterized by the use of words such as "believes," "expects," "estimates," "projects," "may," "will," "intends," "plans," or "anticipates," or by discussions of strategy, plans or intentions. In this news release, forward-looking information includes statements relating to the conversion of securities, future sales of securities, future registration of securities and similar matters. All forward-looking statements in this news release are made based on management's current expectations and estimates, which involve risks, uncertainties and other factors that could cause results to differ materially from those expressed in forward-looking statements.