American TeleSource Opens Its First Communication Center in the United States; Additional Centers to Open in San Antonio, Brownsville and Mission, Texas.Business Editors/High-Tech & Telecommunications Writers SAN ANTONIO--(BUSINESS WIRE)--March 22, 2000 American TeleSource International, Inc. (AMEX AMEX See: American Stock Exchange :AI) announced today the opening of its first Communication Center in 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. . The inaugural Center is located in Laredo, Texas, operating under the name Computel(SM). Arthur L. Smith, Chairman and 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. , commented, "Currently, ATSI ATSI Aboriginal and Torres Strait Islander (Australia) ATSI Association of Thai Software Industry ATSI Association of TeleServices International ATSI American Transmission Systems, Inc. is the largest independent owner of Communication Centers throughout Mexico. We maintain 130 stores in 66 Mexican cities that operate under the Computel name. Over Computel's 12-year operating history, it has earned nationwide brand recognition and customer loyalty. The Laredo Center represents the first step in bringing our successful Mexican retail strategy to the United States. The targeted Latino customer for Computel lives in the U.S. or Mexico, usually does not have basic telephone service, and needs to communicate with family and friends across the border. Through this well-known and widespread retail distribution network, ATSI is bringing its borderless customers an array of services, which are typically beyond their reach. These services go beyond basic telephony to include Internet, voice mail, prepaid pre·pay tr.v. pre·paid, pre·pay·ing, pre·pays To pay or pay for beforehand. pre·pay ment n. cellular and paging." Mr. Smith continued, "Our retail strategy is not only to expand the service offerings in our existing Communication Centers, but also to increase the number of locations in both the U.S. and Mexico. Over the next quarter, we anticipate opening additional Centers in the Texas cities of San Antonio San Antonio (săn ăntō`nēō, əntōn`), city (1990 pop. 935,933), seat of Bexar co., S central Tex., at the source of the San Antonio River; inc. 1837. , Brownsville and Mission." American TeleSource International, Inc. is an emerging international carrier serving certain niche markets A niche market also known as a target market is a focused, targetable portion (subset) of a market sector. By definition, then, a business that focuses on a niche market is addressing a need for a product or service that is not being addressed by mainstream providers. in and between Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. and the United States. The Company's borderless strategy includes the deployment of a "next generation" network for more efficient and cost effective service offerings of domestic and international voice and data. ATSI has clear advantages over the competition through its corporate framework consisting of unique licenses, interconnection in·ter·con·nect v. in·ter·con·nect·ed, in·ter·con·nect·ing, in·ter·con·nects v.intr. To be connected with each other: The two buildings interconnect. v.tr. and service agreements, network footprint, and extensive retail distribution. ATSI's wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , GlobalSCAPE, Inc. (www.globalscape.com), is a leader in the development, marketing, distribution and support of award winning Internet-based software in a broad array of categories including file management, multimedia utilities and Web site development tools. This news release contains forward looking statements such as "The Laredo Center represents the first step in bringing our successful Mexican retail strategy to the United States and Over the next quarter, we anticipate opening additional Centers in the Texas cities of San Antonio, Brownsville and Mission." These statements describe management's beliefs and expectations about the future. We have identified forward looking statements by using words such as "expect," "believe," and "should." Although we believe our expectations are reasonable, our operations involve a number of risks and uncertainties, and these statements may turn out not to be true. Risks that could cause these statements not to be true include loss of key customers, inability to obtain additional capital, inability to make payments to suppliers and lenders on time, dilution of our common stock, equipment failures leading to service interruptions, failure to profitability, and other Risk Factors discussed in filings made by the Company with the SEC. |
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