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All American Telephone selects PCS to review acquisition offers.

HURST, Texas--(BUSINESS WIRE)--June 2, 1997--All American Telephone Inc. (AAT) of Colleyville, Texas, announced today that it has retained the services of Preferred Carrier Services Inc. (PCS) to represent the firm in negotiations concerning the sale of the company.

AAT is a non-facility based long distance reseller with authority in 40 states and an additional nine filings in the approval process. PCS was originally retained to oversee the regulatory application process on behalf of AAT.

AAT is a privately-held corporation with principals having extensive background in network, marketing distribution, and billing of long-distance services. The company has active nationwide distribution channels. Network agreements with underlying carriers, are in place to carry its growing base of long-distance traffic. AAT recently began exploring national Carrier Identification Code (CIC) translations with USLD (Nasdaq:USLD). This process will allow the company to expedite customers' requests to have AAT as their long distance carrier.

Since AAT's inception in 1996, the company has shown sales increases every month. AAT anticipates the monthly billings for June 1997 will exceed $2 million.

Clay Garey, president of AAT, stated: "PCS was selected because of our successful previous experience with the administrative and legal staff of PCS in regulatory matters. Although we did not originally anticipate selling our interest in AAT, during this early stage, there has been significant outside interest in our customer base. Our principals have other telecommunications interest and, of course, the tremendous growth of AAT is demanding more and more time of our owners. PCS has been selected to evaluate offers, negotiate with other parties that may have an interest and make recommendations to AAT."

The Professional Division of PCS (pcs-tele.com) provides regulatory and certification services, as well as, assistance in contract negotiations. PCS is also recognized as a nationwide certified long-distance carrier with local authority already granted in 24 states. PCS has filed over 500 separate applications on behalf of clients and successfully negotiated interconnecting agreements with RBOCs for local service.

CONTACT: Preferred Carrier Services, Hurst

Nelson Thibodeaux, 800/414-4442

nelson@pcs-tele.com
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Publication:Business Wire
Date:Jun 2, 1997
Words:340
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