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Future Integrated (FUR)

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Friday 09 March, 2001

Future Integrated

Provision of Debtor Facility

Future Integrated Telephony PLC
9 March 2001





                       Future Integrated Telephony Plc

                                'the Company'

The Company indicated in its half-year statement, that the increase in the
rate of connecting customers was having an impact on its cash flow. The
Company still has existing cash reserves, but needed additional cash to
finance this increase in volume. We are pleased to announce that an agreement
has been reached for the provision of a debtor-related facility, which will
satisfy the working capital requirements for the foreseeable future.

We stated that the business has the ability to manage its product mix and
associated overhead to optimise the use of working capital. As a result of
increase volume and better technical developments, we have been able to
substantially reduce our minimum cost of connection to £12.50 per line from an
historical £70. In addition the agreement with Viatel (NASDAQ: VYTL), to carry
our Least Cost Routing traffic will give an overall improvement in margin. The
combination of reduced costs, improved margin, coupled with this new facility
will enable the Company to accelerate its plans to enter the next financial
year building on and improving profitability on a month by month basis.

                                                                  9 March 2001


Enquiries:
Future Integrated Telephony Plc                    Tel: 02476 658000

Ted Stocker OBE, Chief Executive
College Hill                                       Tel: 020 7457 2020

James Henderson

Chelsea Allen


                                                                                
                                                                                

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