Carrier Services, Inc. Posts 740% Growth.PORTLAND, Ore.--(BUSINESS WIRE)--April 21, 1998--Carrier Services, Inc., parent company of the well known 1-800-PRE-PAID brand, was one of the fastest growing companies in Oregon for 1997 according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the Portland Chamber of Commerce growing 740% last year. The company, which provides value-added prepaid long distance services to the business travel market, used its innovative business model to develop strategic partnerships with some of the travel industry's biggest corporations. "We've developed a unique approach to working with organizations that are seeking to generate new revenue streams while increasing awareness of their brand name," explains Doug Fieldhouse, CSI's President 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. . "The combination of our speed to market, comprehensive customer support, and flexibility in developing customized prepaid programs has proven to be a winning formula." Beginning with the production of the AAdvantage Prepaid Phone Card in 1996, CSI CSI Crime Scene Investigator CSI CompuServe, Inc. CSI Commodity Systems, Inc. CSI Commodity Systems Inc. (Boca Raton, FL) CSI Crime Scene Investigation (CBS TV show) CSI Christian Schools International and American Airlines American Airlines Major U.S. airline. American was created through a merger of several smaller U.S. airlines and incorporated in 1934. It continued to buy the routes of other airlines, becoming an international carrier in the 1970s; its routes include South America, the quickly capitalized on a previously untapped marketing niche within the prepaid industry. In 1997, CSI formed similar strategic marketing partnerships with United Airlines and Reno Air Reno Air was a scheduled passenger airline that provided service from its hubs at Reno/Tahoe International Airport in Reno, Nevada and San Jose International Airport in San Jose, California to destinations throughout the western United States, with limited service to the US east to provide rechargeable re·charge tr.v. re·charged, re·charg·ing, re·charg·es To charge again, especially to reenergize a storage battery. re prepaid phone cards that award frequent flyer frequent flyer Hospital practice A popular term for a Pt who is regularly admitted to a particular ER or health care facility, for various reasons miles with every purchase. By adding the incentive of mileage awards to the purchase of prepaid time, CSI quickly became the prepaid industry leader in recharge revenues. "We've consistently achieved an average recharge rate of better than 30 percent with all of our programs," Fieldhouse says. "This is well above the current industry average of 5 percent and is a significant factor in the rapid growth we've had over the last year." Dedicated to leadership in the business and leisure travel markets, CSI is currently expanding the number of its alliances with major travel organizations and expects to grow significantly in 1998. CONTACT: Carrier Services, Inc. Jennifer Clark, 503/790-2500 Fax: 503/790-2525 |
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