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         UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Litigation Release 15336 / April 17, 1997           

SEC v. TransAmerica Wireless Systems, Inc., Intercontinental
Telecommunications Corporation, and Danny Sterk,            
(S.D. Fl., Civil Action No. 94-6805-CIV-GONZALEZ)

     The Securities and Exchange Commission announced today that
on April 4, 1997, the Honorable Jose A. Gonzalez, U.S. District
Judge for the Southern District of Florida, entered an order of
contempt against Forrest Sygman ("Sygman"), former attorney for
defendant Danny Sterk ("Sterk"), for failure to pay $136,910 of a
total compensatory fine of $175,000 imposed on Sygman, Sterk and
Sterk's wife, Fanny, by the Court on December 14, 1995.  The
contempt order was entered after the Court held hearings to
determine the current financial situations of Sygman and the
Sterks, who each claimed a financial inability to pay the fine.

     On December 14, 1995, the Court entered an order finding
Sygman and the Sterks in civil contempt for violating the Court's
previous orders freezing assets owned or controlled by Sterk. 
The Court imposed a total compensatory fine of $175,000 on Sygman
and the Sterks, with Sygman jointly and severably liable for
$136,910 of the fine.  The fine represented the funds which each
individual transferred in violation of the freeze orders.  The
contempt order provided that the contempt could be purged by
payment of the fine.  The fine was not paid.

     As a result of the January and February 1997 hearings, the
Court determined that Sygman had the financial assets to pay the
fine and was in contempt of the Court's order of December 14,
1995.  Despite the Florida homestead exemption, the Court
considered Sygman's residence in assessing his ability to pay the
sums owed and ordered Sygman to effect the transfer of the title
of his residence to the Receiver or, in the alternative, to pay
the Receiver $25,000 of the monies owed within 60 days of the
date of the Order.  If Sygman fails to either transfer the title
to his residence or make the $25,000 payment to the Receiver, he
is subject to arrest and incarceration upon the Receiver's
notification to the Court.

See also: L.R. 14921 (May 29, 1996), L.R. 15089 (September 27,
          1996), L.R. 15293 (March 14, 1997)