ICT Signs Y3K as a Sub-Dealer.Business Editors SEATTLE--(BUSINESS WIRE)--June 8, 2004 Innovative Continues to Capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. the Addition of Sub-Dealers to Market and Sell T-Mobile, USA Products and Services Throughout the Nation Innovative Communications Technologies, Inc., (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ICTN ICTN I Can't Talk Now (chat) ) wireless division announces the signing of Y3K Y3K Year Three Thousand Secure Enterprise Software (OTCBB:YTHK) as an additional sub-dealer. Y3K is an end-to-end unified communications The real time redirection of a voice, text or e-mail message to the device closest to the intended recipient at any given time. For example, voice calls to desk phones could be routed to the user's cellphone when required. and technologies company serving the small to medium business and residential markets. Under the sub-dealer agreement Y3K will promote and sell wireless products and data and voice services for T-Mobile USA, Inc., along with its complete next generation voice services and voice and data technologies. Innovative has already received an initial order and is looking forward to a growing partnership. "Y3K is intent on delivering to our customers complete end-to-end communications solutions and we feel that T-Mobile products and services compliment our current product set," stated King Cole, President of Y3K. "We are excited to partner with Innovative as we look toward new wireless and vertical market solutions." About Y3K Secure Enterprise Software, Inc. (www.ythk.com) Y3K Secure Enterprise Software is a provider of end-to-end unified communication technologies for the small- to medium-business market. Y3K uses secure next-generation voice services, instant messaging, data transfer, Internet, conference calling and enterprise software to create solutions that meet the communication needs of today's business world. Through the integration of web-based telecommunications and cutting edge software technology, Y3K economically delivers secure unified communication solutions that break down distance, time and media barriers to allow people to communicate anywhere, anytime and across multiple mediums. Y3K has offices in Bellevue and Seattle, Washington. About Innovative Cellular Since 1989, Innovative has been a pioneer in the mobile communications businesses. Innovative's revolutionary marketing of the first Free wireless phone to consumers puts ICT (1) (Information and Communications Technology) An umbrella term for the information technology field. See IT. (2) (International Computers and Tabulators) See ICL. 1. (testing) ICT - In Circuit Test. at the forefront of the wireless industry. As the only T-Mobile National Premier VAR Dealer currently in the Northwest region of the United States, Innovative and it's sub-dealers continue to target application specific data products, as well as the traditional business and consumer markets throughout the nation. For more information visit the corporate website at www.ict.net Safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. 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 This news release contains forward-looking statements, including statements regarding Innovative's expectations about successfully expanding its GPTN GPTN General Purpose Telephone Network business and securing significant additional customers for its products or services. Such forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from future results expressed or implied in such statements. These risks and uncertainties include the inability to manage expected growth, the loss of a large customer, the failure to realize the increased revenues and improved operating margins that the Company has associated with sales of GPTN, the loss of any key personnel, tightening regulation of the communications technologies and channels used in our systems, our inability to introduce new services that are accepted by the market, the loss or non-performance of our sales representatives, unfavorable results of existing and potential litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. , and the possibility that competitors could develop or acquire technology that could erode Innovative's technical advantages. The Company disclaims any obligation to update any such factors or to announce publicly the results of any revisions to any of the forward-looking statements contained in this news release. |
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