FOR IMMEDIATE RELEASE

                       TELEMAX GLOBAL COMMUNICATIONS, INC.
                        ACQUIRES OCEAN VIEW TELECOM INC.

Toronto,  Ontario  -  June  11th,  2002:  Telemax  Global  Communications,  Inc.
(OTCBB:TMXG)  announced  today that it has signed an Agreement to acquire  Ocean
View Telecom, Inc., a US based telecommunications service provider.

To jumpstart its expansion into the U.S. high call volume market of consumers of
ethnic origin, Telemax Global Communications  recently completed an Agreement to
acquire Ocean View Telecom,  an  FCC-licensed  Global  Facilities-Based  carrier
based in Mill Valley, California.  Ocean View is focused on the highly lucrative
prepaid  market  for  calling  from the U.S to the  Philippines  and  operates a
switching   facility  in  Manila  and  routes  traffic   through  its  licensing
arrangement with the Philippine National  Telecommunications Carrier. Along side
Telemax,  Ocean View is in the final stages of implementing a customized calling
card  program  for the  largest  money  remittance-cargo  forwarding  and travel
services  provider  to the  Filipino  community  in the  U.S.,  based in the San
Francisco Bay Area, which boasts more than 1 million customers. Ocean View has a
switching POP in Los Angeles, California, which will be connected with Telemax's
facilities in Toronto.  Telemax expects to generate in excess of $750,000 US per
month from this contract.

The  acquisition  is intended  to be a tax-free  exchange of shares and has been
approved by the respective Boards of both companies.

ABOUT TELEMAX GLOBAL COMMUNICATIONS INC.

Telemax  Global  Communications,  Inc.  is  one  of  largest  manufacturers  and
distributors   of  prepaid   calling   products   in  Canada.   Telemax   Global
Communications,  Inc. is an innovator of new telecommunications  solutions, such
as prepaid wireless,  prepaid  Internet,  various point of sale technologies and
the deployment of a Voice Over the Internet  Protocol  (VOIP)  network.  Telemax
Global  integrates  its telephony and computer  technologies  to route voice and
data traffic around the world using a sophisticated  prepaid  calling  platform.
The Company has significant competitive advantages,  which include 24 hour/7 day
a week customer service and its growing  licensing  arrangements in high volume,
under-served emerging markets.

"Safe Harbor"  Statement under the Private  Securities  Litigation Reform Act of
1995:  The statements  contained in this release which are not historical  facts
are  forward-looking  statements  subject to risks and uncertainties  that could
cause  actual  results  to  differ  materially  from  those  set  forth  in  the
forward-looking statements.

                          For more information contact:

Mr. Evan Karras, President & CEO        Mr. Jeffrey L. Salzwedel, President
Telemax Global Communications, Inc.     Salzwedel Financial Communications, Inc.
Tel: (800) 850-7790                     Tel: (503) 638-7777



                                                                    EXHIBIT 99.2