PrimeSource Acquires UniQuest.SALT LAKE CITY--(BUSINESS WIRE)--March 9, 1999--PrimeSource Communications Holdings Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:PSCM PSCM Public Service Communications Manual PSCM Purchasing & Supply Chain Management PSCM Product Structure Configuration Management PSCM Master Chief Personnel Specialist PSCM Master Chief Port Security Specialist (USCG rating) ) announced today that it will acquire all of the outstanding shares of an affiliated company, UniQuest Communications Inc. UniQuest was founded in 1994 as an authorized au·thor·ize tr.v. au·thor·ized, au·thor·iz·ing, au·thor·iz·es 1. To grant authority or power to. 2. To give permission for; sanction: agency of UniDial Communications Inc., selling UniDial's long distance, Internet and related telecommunications services In telecommunication, the term telecommunications service has the following meanings: 1. Any service provided by a telecommunication provider. 2. . UniQuest now has several hundred customers nationwide and counts Ohio Benefits Group, The Sally Jesse Raphael Show and the rock group Kansas among its larger customers. Telecommunications billings provided by UniQuest customers exceeded $1.3 million in 1998. UniDial offers all businesses and consumers state-of-the-art telecommunications services and the most comprehensive customer service in the industry. Founded in 1993, UniDial is known as one of the largest telecommunications resellers in the industry, serving customers from coast to coast. UniDial was recently named by Inc. magazine as America's 19th fastest-growing private company of 1998. "The telecommunications business is booming, and companies like PrimeSource and UniQuest are in the perfect position to reap the benefits of this great market," said J. Sherman Henderson, III, president and chief executive officer of UniDial and twice chairman of the Telecommunications Resellers Association. "The leaders of PrimeSource and UniQuest have made some good decisions and proven they have what it takes to compete. They have been very successful UniDial Agents for us so far, and I look forward to what their expanded resources will bring to their company -- and ours." "Aligning ourselves with a company of UniDial's stature as a top-notch provider of quality telecommunications services was the next logical step toward offering a complete package of solutions to our global customers," said Thomas E. Aliprandi, PrimeSource 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 acquisition of UniQuest Communications greatly enhances our position as a leader in the digital solutions marketplace." About PrimeSource PrimeSource Communications Holdings Inc. applies digital technology in providing automated forms processing, custom browser-based Internet solutions and communications systems In telecommunication, a communications system is a collection of individual communications networks, transmission systems, relay stations, tributary stations, and data terminal equipment (DTE) usually capable of interconnection and interoperation to form an integrated whole. to facilitate efficient business processes. PrimeSource, as a Web-centric solutions provider, services innovative companies by converting analog data Data that is recorded in a form that is similar to its original structure. Contrast with digital data. See analog. into actionable digital information. |
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