9278 Communications, Inc. Introduces New "Salman Bollywood" Phonecard for Ethnic Indian Market.Business and Technology Editors NEW YORK--(BUSINESS WIRE)--July 24, 2000 9278 Communications, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: NTSE NTSE National Talent Search Examination (India) NTSE Windows NT Server / Enterprise Edition (Microsoft) - news) has developed and is presently distributing the "Salman Bollywood" phonecard phonecard Noun a card used instead of coins to operate certain public telephones phonecard n → tarjeta telefónica phonecard phone n . The name "Bollywood" is a derivative of Bombay and Hollywood. With Bombay being the film capital of India. These phonecard products will cater to the ethnic Indian, Pakistani, Bangladeshi and Sri Lankan communities in the United States, specifically in the greater New York metropolitan areas, where an estimated 500,000 people live and work. Salman Khan is one of the most popular Indian film stars of recent time. His name and product association garners tremendous marketing strength within this community. 9278 has signed an exclusive one year contract with Mr. Khan, for his image to be utilized on 9278 products. This is Mr. Khan's first telecommunications product endorsement product endorsement a public statement declaring the virtues and recommending the use of a product. Discouraged by codes of veterinary ethics other than by the publication of research results. in North America. $5, $10 and $20 denominations of the card will be produced, with no connection charges. The cards will be sold in the 50,000 plus points of presence that 9278 reaches with its distribution network. Sajid Kapadia, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , estimates that once fully integrated into its product line, the Salman Bollywood card is expected to generate $5,000,000 in annual sales. 9278 is committed to serving the needs of its ethnic marketplaces by delivering customized telecommunications products with mass market appeal. 9278 Communications Inc. is a value-added integrator of telecom services and technologies, specializing in the distribution of pre-paid telecom products including phone cards. 9278 currently has a network of over 300 master distributors, retailing over 100 different prepaid card products primarily in the 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 , New Jersey and Connecticut markets. Gross sales Gross Sales A measure of overall sales that isn't adjusted for customer discounts or returns, calculated simply by adding all sales invoices, and not including operating expenses, cost of goods sold, payment of taxes, or any other charge. for the year ended December 31, 1999 increased to $78,089,670 from $22,169,108 for 1998, an increase of 250%. With the expected third quarter 2000 launch of its B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business telecom services site, 9278 will provide access and support for its existing distributors and a mechanism for establishing new markets for the company's products through the expansion of additional independent distributors across the US. For more information about 9278 Communications, Inc. please contact: Investor Relations Investor relations The process by which the corporation communicates with its investors. : Tel: 1-877-787-1777 Email: ir@9278.com Website: www.9278.com Forward-looking statements and comments in this press release are made pursuant to safe harbor provisions of the Securities Exchange Act of 1934. Such statements relating to, 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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