CyberAds Awarded Wireless Telecommunications Product & Services Fulfillment Contract By TeleWrx Corporation.Business Editors/Technology Writers BOCA RATON Boca Raton (bō`kə rətōn`), city (1990 pop. 61,492), Palm Beach co., SE Fla., on the Atlantic; inc. 1925. Boca Raton is a popular resort and retirement community that experienced significant industrial development in the 1970s and 80s. , Fla.--(BUSINESS WIRE)--Aug. 1, 2002 Company To Process and Fulfill Orders Generated By Network Marketing Company CyberAds, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CYAD), a leader in online marketing and activation of cellular phone services via national and regional contracts with major wireless telecommunications carriers, today announced that the Company has entered into an agreement with TeleWrx, Inc., a 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. of Converge Global, Inc. (OTCBB:CVGR CVGR Covalent Group, Inc. (stock symbol) CVGR Club de voile Grande-Rivière CVGR Compressor Variable Geometry Right (engine) CVGR composite valve graft replacement CVGR cineventricolografia radioisotopica ), that specializes in the sales and marketing of telecommunications products and services through the utilization of network marketing, to process sales orders and service applications for residential hand-held wireless voice and data products and services generated by TeleWrx' direct sales agents. Pursuant to the terms of the two-year renewable agreement, CyberAds will design, implement and maintain a comprehensive order fulfillment Order fulfillment (in BE also: order fulfilment) is in the most general sense the complete process from point of sales inquiry to delivery of a product to the customer. Sometimes Order fulfillment system customized for TeleWrx' customers; process all TeleWrx customer orders; review and qualify orders in accordance with prevailing wireless service providers' credit-approval processes; manage fulfillment/shipping of wireless products to approved TeleWrx customers; and coordinate the activation of the wireless products with the applicable wireless service provider. Michael Brown Michael or Mike Brown may refer to: In politics:
Larry Levinson, founder, 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. of CyberAds, noted, "We are pleased that we are in a position to leverage our proven processing platform to meet the needs of TeleWrx, while creating yet another entirely new revenue stream for CyberAds." About TeleWrx TeleWrx, a wholly-owned subsidiary of Converge Global, Inc. (OTCBB:CVRG CVRG Cardiovascular Research Group ), is a communications company Communications Company is a communications unit of the United States Marine Corps. They are part of Combat Logistics Regiment 37 , 3rd Marine Logistics Group (3MLG) and III Marine Expeditionary Force (III MEF). The unit is based out of the Marine Corps Base Camp Smedley D. specializing in the sales and marketing of telecommunications products and services through the utilization of network marketing. TeleWrx launched its national sales program with the introduction of its products in June 2002 and is now meeting with distributors around the US as part of an extensive 11 city tour. TeleWrx is committed to becoming a significant player in the telecommunications industry and among network marketing's elite. The Company combines the power of network marketing with technologically advanced telecommunications services all under one roof, thus enabling its direct sales agents the opportunity to sell TeleWrx' services and build a successful home-based business while earning commissions and residual income Residual Income (also called Passive Income) is income earned on an ongoing basis for effort done once in the past. . For more information on the Company, please visit http://www.telewrx.com. For investor relations Investor relations The process by which the corporation communicates with its investors. please contact Richard Kaiser at Yes International 800/631-8127. About CyberAds, Inc. Through its wholly-owned subsidiary, IDS Cellular, Inc., CyberAds utilizes an affiliate-driven, Internet-based marketing platform, as well as inbound and outbound telemarketing services and national direct mail programs, to secure new cellular phone service subscribers for several of the Country's leading wireless telecommunications providers, including AT&T Wireless, Triton 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. , Cingular, Verizon, Brightpoint, U.S. Cellular U.S. Cellular (NYSE: USM) is a super-regional cellular telephone provider, serving 5.8 million customers in 189 markets in 26 U.S. states. The company was created in 1983 as a subsidiary of Telephone and Data Systems, Inc. Since April 2000, John E. and AllTel. The Company has formed promotional affiliations with hundreds of companies and websites, such as JobsOnline.com, Lifeminders.com, eUniverse and Jackpot, among many more, to offer online consumers a free cell phone product through IDS Cellular when they purchase a cellular phone service plan through one of the Company's nationally and/or regionally contracted carriers. Since its inception in November 2000, CyberAds has received over 21 million visitors to its application page on the Internet (found at http://www.idscell.com) and activated and delivered over 65,000 cellular phones. For more information on the Company, please visit its web site at http://www.cyberadsinc.com. Statements in this news release about anticipated or expected future revenue or growth or expressions of future goals or objectives, including statements regarding whether current plans to grow and strengthen the company's existing network will be implemented or accomplished, are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements in this release are based upon information available to the Company on the date of this release. Any forward-looking statements involve risks and uncertainties, including the risk that the Company will be unable to grow or strengthen its network due to a lack of capital or an inability to identify acquisition candidates, that TeleWrx may be unsuccessful in generating sales through its network marketing efforts, as well as those risks and uncertainties described in the Company's filings with the Securities an Exchange Commission, that could cause actual events or results to differ materially from the events or results described in the forward-looking statements, whether as a result of new information, future events or otherwise. Readers are cautioned not to place undue reliance on these forward-looking statements. |
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