Aerovoice Signs Exclusive Distribution Agreement with Teletouch Subsidiary PCI Wholesale for Concept 101 AT&T Branded Consumer Electronics Products Business Wire FORT WORTH, Texas -- May 03, 2012 Teletouch Communications, Inc. (OTCBB: TLLE), a leading U.S. wireless services, cellular, consumer electronics and public safety equipment provider, today announced that Aerovoice, Inc., a leading importer of wireless products recently signed a new distribution agreement appointing Teletouch’s wholly-owned subsidiary, Progressive Concepts, Inc. dba PCI Wholesale as a Master Distributor for Concept 101 AT&T®-branded consumer electronics and accessories in the AT&T (NYSE: T) agent/dealer channel. PCI Wholesale will now carry a full line of Concept 101 products, including cell phone docking stations, headphones and other accessories for Bluetooth® devices and tablets for sale to approved AT&T dealers. David Kane, Chief Operating Officer for Aerovoice, stated, “After working closely with Concept 101, an AT&T Authorized Licensee, to bring innovative and exciting new products to consumers and announcing this new branded products relationship at the Consumer Electronics Show this January, we felt that strong, experienced distribution partners would create excitement in the channel and achieve penetration in the market. Wireless communications are an indispensable part of daily life, and we needed distribution partners that fully understand that concept. Given PCI’s unique position and nearly 30-year history in providing wireless devices, accessories and services, with a particular strength in distribution within the AT&T agent/dealer channel, we believe that PCI is a perfect choice to help launch the Concept 101 AT&T-branded product line. More than a carrier partner, PCI Wholesale is one of the most established distributors in the nation and their excellent reputation in the wireless space makes them an ideal partner for Aerovoice for Concept 101 products, as we drive sales into the AT&T indirect distribution channels.” “When our distribution team first brought the concept of working with Aerovoice to bring AT&T-branded Concept 101 products to market in the AT&T agent/dealer channel, I couldn’t have been more excited – for the team and for our customers,” said T. A. “Kip” Hyde, Jr., President and COO of Teletouch, and CEO of Progressive Concepts. “We’ve known Aerovoice for many years. As a well-established company with a great history, we could not be more pleased to be working with Aerovoice to introduce the Concept 101 AT&T branded product line within the AT&T dealer community. PCI Wholesale’s long history in the wireless industry, superior customer support and retail training capabilities are complimentary to Aerovoice’s own substantial capabilities and we look forward to helping increase Concept 101’s position and sales in this key market segment.” About Concept 101 Concept 101 is an innovative consumer electronics company with the objective of introducing cutting edge technologies in the market across a range of personal, portable and home electronics and accessories. Composed of industry veterans with over 100 years of combined experience in consumer electronics, Concept 101’s team is widely recognized for its forward thinking and commitment to develop and manufacture high quality products. Steered by the leadership of committed industry veterans, Concept 101 is designing, manufacturing and marketing its advanced technology products under the powerful AT&T brand. About Aerovoice, Inc. Established in 2000, Aerovoice is a value-added fulfillment center and importer/wholesaler of wireless phones and accessories. Aerovoice has developed a strong customer base of national retailers, agent-dealers, RSA (Rural Service Area) carriers and mobile virtual network operators (MVNO) of Tier 1 carriers. Currently an authorized distributor of several leading handset manufacturers, Aerovoice has also been provisioned as an Authorized Service Center (ASC) for many of their OEM partners. Aerovoice also offers end-to-end supply chain management and fulfillment models for all levels and stages of customer requirements, which include purchasing, warehousing, custom packaging, shipping, reverse logistics, distribution management and DOA/Warranty processing. Aerovoice provides its customer with an array of technical and engineering support. Whether testing and launching a new model with personalized software or customizing a handset with a customer logo, Aerovoice has resourced the latest in software provisioning and branding equipment. Aerovoice works closely with their OEM partners to offer customers with unique marketing and launch programs, resources and tools for a full circle of product support. Aerovoice’s flexibility and strong relationships makes it the number one choice for carrier fulfillment. About Teletouch Communications For over 47 years, Teletouch has offered a comprehensive suite of wireless telecommunications solutions, including cellular, two-way radio, GPS-telemetry and wireless messaging. Teletouch is a leading Authorized Services Provider and billing agent of AT&T (NYSE: T) products and services to consumers, businesses and government agencies, as well as an operator of its own two-way radio network and LTR systems in Texas. Teletouch operates a chain of 19 retail and authorized agent stores under the “Teletouch” and “Hawk Electronics” brands, in conjunction with its direct sales force, call center operations and various retail eCommerce websites including: www.hawkelectronics.com, www.hawkwireless.com and www.hawkexpress.com. Through its wholly owned subsidiary, Progressive Concepts, Inc., Teletouch operates a national distribution business, PCI Wholesale, primarily serving large cellular carrier agents and rural carriers, as well as auto dealers and smaller consumer electronics retailers, with product sales and support available through www.pciwholesale.com and www.pcidropship.com, among other B2B oriented websites. Teletouch's common stock is traded Over-The-Counter under stock symbol: TLLE. Additional information about the Teletouch family of companies can be found at www.teletouch.com. The registered trademarks of AT&T, each, any and all brands, products or service names discussed in relation to contractual or business relationships with Teletouch Communications, Inc., Progressive Concepts, Inc., Hawk Electronics™ and affiliates, are the property of their respective owners. All statements from Teletouch Communications, Inc. in this news release that are not based on historical fact are "forward-looking statements" within the meaning of the PSLRA of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. While the Company's management has based any forward-looking statements contained herein on its current expectations, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties, and other factors, many of which are outside of our control, that could cause actual results to materially differ from such statements. Such risks, uncertainties, and other factors include, but are not necessarily limited to, those set forth under the caption "Risk Factors" in the Company’s most recent Form 10-K and 10-Q filings, and amendments thereto, as well as other public filings with the SEC since such date. The Company operates in a rapidly changing and competitive environment, and new risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. The Company disclaims any intention to, and undertakes no obligation to, update or revise any forward-looking statement. Contact: Trade & Customer Contact: PCI Wholesale Chris Mundt, 817-654-6191 Director firstname.lastname@example.org or Investors & Analysts Contact: Teletouch Communications, Inc. Amy Gossett, 800-232-3888 Investor Relations email@example.com
Aerovoice Signs Exclusive Distribution Agreement with Teletouch Subsidiary PCI Wholesale for Concept 101 AT&T Branded Consumer
Press spacebar to pause and continue. Press esc to stop.