Affordable Telecommunications Technology Signs Marketing Agreement With PrimeCo PCS; Company Will Serve Rapidly Growing Customer Base.Business/Technology Editors HOUSTON, Texas--(BUSINESS WIRE)--Oct. 30, 2000 Affordable Telecommunications Technology Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : ATTP ATTP Appalachian-Turkish Trade Project ATTP Apprenticeship and Traineeship Training Program (NSW, Australia) ATTP Advanced Technology Transition Process aTTP Acute Thrombotic Thrombocytopenic Purpura ) announced today that it has entered into a 3 year marketing agreement with one the fastest growing wireless communications companies in North America. Steven H. Bethke, President of Affordable Telecommunications Technology Corporation, stated "This is a big win for us. Forging a long-term relationship with a company that is soon to be a strong contender in the wireless market helps us better serve our customers. PrimeCo currently offers its services to over 17 million potential customers and that number is increasing at a steady rate. By supplying prominent wireless vendors with a solid, trustworthy distribution network we put ourselves in front of their customer base with very little expense on our part." PrimeCo PCS (1) (Personal Communications Services) Refers to wireless services that emerged after the U.S. government auctioned commercial licenses in 1994 and 1995. This radio spectrum in the 1. will offer phones from Kyocera (NYSE NYSE See: New York Stock Exchange :KYO), Nokia (NYSE:NOK NOK In currencies, this is the abbreviation for the Norwegian Krone. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. ), and AudioVox (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :VOXX) through Affordable Telecommunications retail stores in Houston, Beaumont and College Station Texas. This marketing agreement will increase the monthly revenues from those operations. About PrimeCo PCS: PrimeCo PCS operates a large all-digital, all-PCS digital network in the United States. The Company's infrastructure is provided by Lucent Technologies (NYSE:LU) and already serves Chicago, Dallas, Florida, the Gulf Coast and Mid Atlantic States. The Company's website is available at: http://www.primeco.com About Affordable Telecommunications: Affordable Telecommunications Technology Corp. capitalizes on the explosive two-way messaging products and services sector- a market projected to reach $300 million in annual sales with over 11 million units sold by 2004. Affordable markets pre-paid and post-paid wireless telecommunications products and services directly and through 11 retail stores and employs a nearly 40-person sales force. Located in South Texas and Louisiana, Affordable's retail stores include The Wireless Store, Camera's Etc. and Beeper Boutique. The Company also operates a two-way data network covering the greater Houston Metropolitan area, and will utilize the network's technology to provide Automatic Meter Reading Automatic meter reading, or AMR, is the technology of automatically collecting data from water meter or energy metering devices (water, gas, electric) and transferring that data to a central database for billing and/or analyzing. services in the near future. Forward-looking statements in this release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 Investors are cautioned that such forward-looking statements involve risky and uncertainties, including without limitation, continued acceptance of the Company's products, increased levels of competition for the Company, new products and technological changes, the Company's dependence on third-party suppliers, and other risks detailed from time to lime in the Company's periodic reports filed with the Securities and Exchange Commission. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion