9278 Communications, Inc. Announces Opening of Regional Distribution Center in Connecticut, With Expected Annual Revenues of $12,000,000.Business Editors NEW YORK--(BUSINESS WIRE)--Jan. 22, 2001 9278 Communications, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: NTSE-news) is pleased to announce that it will be establishing new distribution center in Connecticut on January 23rd, 2001. The distribution center will focus on the Bridgeport, New Haven New Haven, city (1990 pop. 130,474), New Haven co., S Conn., a port of entry where the Quinnipiac and other small rivers enter Long Island Sound; inc. 1784. Firearms and ammunition, clocks and watches, tools, rubber and paper products, and textiles are among the many , Norwalk Connecticut and Massachusetts markets. These are less mature and less competitive market environments compared to New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . For this market area, 9278 is creating an exclusive local access card. 9278 will also be distributing its other prepaid products in these markets. 9278 plans to sell prepaid telecom products that will be targeted towards the ethnic and traveller markets. 9278 estimates that after the initial ramp-up phase, this operation is expected to add five thousand retail outlets and over one hundred distributors, while generating an additional 12 million in revenues for 2001, while enhancing 9278's bottom line. The Connecticut distribution location will be managed under Mr. Joseph Bartoo and Mohammad Mah who combined bring over 10 years of experience in the pre-paid phone card industry. "I am pleased to join 9278 Communications, which has proved itself over the years with great products and unconditional customer services, which is the key element of any service business" said "Joseph Bartoo." 9278 is working on establishing other key regional offices across the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , emulating the business model laid out in its existing marketplaces. 9278 anticipates an increase in its sales, distributor base and geographical penetration in 2001, which the company expects to result from internal sales growth, the establishment of regional offices and anticipated mergers with other card distributors. 9278 Communications, Inc. specializes in the distribution of pre-paid products, primarily pre-paid phone card products, consisting of over a hundred varieties, through hundreds of master distributors and tens of thousands of retail outlets. For more information about 9278 Communications, Inc. please contact: Investor Relations Investor relations The process by which the corporation communicates with its investors. : Vinny Annunziata Toll Free: 888-995-9278 x 119 Phone: 718-792-5150 x 119 Fax: 718-792-5130 E-mail: investorrelations@9278.com Corporate Website: www.9278.com Forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. and comments in this press release are made pursuant to safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Securities Exchange Act of 1934. Such statements relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc , among other things, the prospects for the companies to complete the transaction and enhance operating results, are necessarily subject to risks and uncertainties, some of which are significant in scope and nature. These risks may be further discussed in periodic reports and registration statements to be filed by the Companies from time to time with the Securities and Exchange Commission in the future. |
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