Alliance Between Prepaid Depot & GPA 'A Match Made in Heaven'.Business Editors DAVIE, Fla.--(BUSINESS WIRE)--Oct. 25, 2001 Prepaid Depot, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :PPDD PPDD Preliminary Project Design Description PPDD Platform Port Door Dogged PPDD Plan Position Data Display ) William A. Judd, III announced an alliance between Prepaid Depot, Inc. and Global Prepaid Alliance (GPA GPA abbr. grade point average Noun 1. GPA - a measure of a student's academic achievement at a college or university; calculated by dividing the total number of grade points received by the total number attempted ). While attending the Intele-Card EXPO in New York, Judd and Lee Schwartz successfully negotiated a strategic partnership with G. Lenn Brown President/CEO and John D. Gill Executive Vice President of GPA. According to Judd, this alliance will now give PPDD a turnkey situation. His goal to have at least 20 different products in his distribution channel by year-end has been met. "Within ten days there will be 6 different phone card products complete, with another 13 to follow within a few additional days," declared Judd. "This is exciting for Prepaid Depot. Thirty Days ago we had four different phone card products. Now we have 23." Global Prepaid Alliance is an ICP (1) (Internet Cache Protocol) A protocol used by one proxy server to query another for a cached Web page without having to go to the Internet to retrieve it. See CARP and proxy server. (Integrated Communications Provider) offering wholesale prepaid local dial tone, long distance call cards, wireless, paging and Internet services including web design, hosting and e-commerce solutions. Additional exciting products are Prepaid Money Transfer and Prepaid Point of Sale Activation. GPA is on pace for $150 million in sales. "There is no stopping us now," said Judd. Safe Harbor Statement under 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: The statements, other than the statements of historical facts, contained in this release which are not historical facts may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risk and uncertainties, including, without limitation, demand and competition for the Company's products and services, the availability to the Company of adequate financing to support its anticipated activities, the ability of the Company to generate cash flow from operations Cash flow from operations A firm's net cash inflow resulting directly from its regular operations (disregarding extraordinary items such as the sale of fixed assets or transaction costs associated with issuing securities), calculated as the sum of net income plus noncash expenses and the ability of the Company to manage its operations. |
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