-------------------- BEGINNING OF PAGE #1 -------------------

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Litigation Release No. 14749 / December 7, 1995

SECURITIES AND EXCHANGE COMMISSION v. TRANSAMERICA WIRELESS
SYSTEMS, INC., INTERCONTINENTIAL TELECOMMUNICATIONS CORPORATION,
AND DANNY STERK, Civil No. 94-6805-CIV-GONZALEZ (USDC SD FL)

     The Commission announced that on November 28, 1995, the
Honorable Jose A. Gonzalez, Jr., United States District Judge for
the Southern District of Florida, entered an order of Permanent
Injunction and Other Relief against defendant Danny Sterk
("Sterk") of Coral Springs, Florida.  Sterk consented to the
entry of the permanent injunction without admitting or denying
the allegations contained in the Commission's Complaint.

     The Commission's complaint, filed on August 23, 1994,
alleged fraud in the offer and sale of securities in the form of
interests in three general partnerships, purportedly formed for
the purpose of owning and operating wireless cable television
systems in Hot Springs, Arkansas, Clarksville, Tennessee and
Valdosta, Georgia.
Sterk was the CEO of TransAmerica Wireless Systems, Inc.
("TransAmerica"), which promoted the Hot Springs and Clarksville
partnerships, and a principal of Intercontinental
Telecommunications Corporation ("ITC"), which promoted the
Valdosta partnership.  Together these companies raised
approximately $12.8 million from over 1000 investors.

     Both companies utilized television infomercials, mailings
and telephone boiler rooms to sell the interests in the general
partnerships to investors in various states.  The Commission
alleged that TransAmerica and ITC claimed falsely to be
negotiating for various FCC licenses.  In addition, both
companies failed to disclose Sterk's involvement with the
promoters and the fact that Sterk had previously been enjoined
for his role in an application preparation and filing service for
obtaining wireless cable television licenses.

     The Court's order permanently enjoins Sterk from future
violations of Sections 5(a), 5(c) and 17(a) of the Securities Act
of 1933 and Section 10(b) of the Securities Exchange Act of 1934
and Rule 10b-5 thereunder.  The order further requires Sterk to
disgorge ill-gotten gains and to pay civil penalties in amounts
to be determined upon motion by the Commission.