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Commercial Consolidators: YAM Wireless Named Authorized Samsung Wireless Product Distributor For Central America and Caribbean.

Business Editors

TORONTO--(BUSINESS WIRE)--April 26, 2001

Agreement Includes Internet-Based Services to Support Samsung's

Rapid Growth in the Region

Commercial Consolidators Corp. (CDNX:CCZ.) (FRANKFURT:CJ9) is pleased to announce that Samsung Electronics Latin America announced it has signed an agreement with YAM Wireless Corporation ("YAM Wireless") to provide distribution and fulfillment services of wireless phones for Samsung Telecommunications for the northern region of Latin America and the Caribbean. The distribution agreement encompasses the countries of Venezuela, Colombia, Ecuador, El Salvador, Honduras, Guatemala, and the Caribbean Islands. YAM Wireless, a global value-added wireless logistics services leader, is a wholly owned subsidiary of Commercial Consolidators Corp., a leading assembler and distributor of consumer electronics and business technologies to North, South and Central Americas.

YAM Wireless will provide Samsung customers with complete end-user fulfillment services. Samsung's line of CDMA wireless handsets includes internet enabled and voice-activated dialing models. Future products may include the watch-phone and television phone.

"YAM Wireless will provide product fulfillment services to Samsung's customers throughout Central America and Caribbean" stated Shani Sasson, Vice President, Sales and Marketing, of the company. "Our proven logistical capabilities, customers service, real time information, and product offerings will greatly enhance the supply chain capabilities for Samsung in this region."

"We look forward to a long lasting partnership that will enable YAM Wireless to distribute a wide range of Samsung wireless products," stated Gilbert Valdesuso, Director of SELA Samsung Electronics Latin America, Telecommunications Division. "In addition to having excellent quality high-end cellular telephones, the Samsung brand has excellent demand with telephone carriers and the distribution channel. This will be an important key to our mutual success, as prepaid off the shelf cellular telephones will be sold to the mass consumer market via mass merchants."

Samsung Electronics Co., Ltd., with 1999 sales revenue of US$22.8 billion, is a world leader in the electronics industry. The Korea-based company has operations in about 50 countries with 54,000 employees worldwide. The company consists of three main business units: Digital Media, Semiconductors and Information & Communications Business.

ABOUT COMMERCIAL CONSOLIDATORS CORP.

Commercial Consolidators Corp. is a leading assembler and distributor of Consumer Electronics, and Business Technologies to the "Americas" (North, South and Central). The Company has achieved in excess of 50% per annum growth in sales and earnings for the last three years.

ON BEHALF OF THE BOARD OF DIRECTORS Michael Weingarten, Director & Chairman of the Board

The Canadian Venture Exchange has neither approved nor disapproved the information contained herein.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:9SOUT
Date:Apr 26, 2001
Words:413
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