Elcotel Signs Two Major Distribution Agreements For Its Grapevine(TM) Public Internet Appliance
Wednesday May 17, 3:34 pm Eastern Time Company Press Release
SOURCE: Elcotel, Inc.
Leading Distributors BekTel, Inc. and TU,LLC To Demonstrate e-Commerce & Other Advanced Features at the American Public Communications Council Show
LAS VEGAS, May 17 /PRNewswire/ -- Elcotel, Inc. (Nasdaq: ECTL - news) announced today it has signed two major agreements with industry-leading distributors BekTel, Inc. and TU,LLC to market its Grapevine(TM) public Internet appliance to national and regional public communications providers.
Both BekTel and TU,LLC will demonstrate the advanced features of Grapevine(TM), including the cashless ATM and e-Commerce capabilities at this week's American Public Communications Council Show in Las Vegas, May 17 & 18. The demonstrations will be held in Booths 237 and 323, respectively.
According to Elcotel, these agreements reinforce its strategic thrust to penetrate both new and existing markets for public communications by increasing its distribution network. Both BekTel and TU,LLC currently distribute Elcotel's existing product lines for wireline and wireless communication networks.
The American Public Communications Council Show is the largest and most prestigious trade show designed specifically for service providers, manufacturers and suppliers to the Public Communications industry. The show is expected to attract over 2,000 attendees and over 100 exhibitors.
``With Grapevine(TM)'s continuing success in field and market trials with the national interexchange carriers and major regional public communications providers, these agreements signal a major step in our strategic plan,'' said Dan Fragen, Senior Vice President of Global Sales & Marketing for Elcotel. ``Both BekTel and TU,LLC are leading distributors to Public Communications providers and their commitment to Grapevine(TM) and reputation in the industry will help ensure success in shifting the industry from coins to content as the driver of revenue.''
``We are proud to sign on as one of the first distributors of this exciting, state-of-the-art public Internet appliance,'' said Marc Ball, President of BekTel, Inc. ``Elcotel has created a truly revolutionary communications terminal that will transform how people on-the-go will access information, make purchases and keep in touch with home and office.''
``We expect Grapevine(TM) to completely change both how Public Communications is delivered and the revenue potential for the industry,'' said Pat Soltis, President of TU,LLC. ``Elcotel has always delivered quality but, with Grapevine(TM), it has set a new standard of innovation and ability to deliver what people on-the-go truly want and need.''
Elcotel, Inc., based in Sarasota, Florida, is a leader in providing public access telecommunications networks and management services for both domestic and international wireline and wireless communication networks. Visit Elcotel's corporate website at www.elcotel.com.
Statements contained in this release may contain forward-looking information regarding the Company's plans, projections, or future performance, which involve certain risks and uncertainties that could cause the Company's actual results to differ materially from those expected by the Company. These risks and uncertainties include the risk of adverse regulatory action affecting the Company and the Company's customers, risk of competition, risk of obsolescence of the Company's products, and other uncertainties detailed in the Company's filings with the Securities and Exchange Commission.
SOURCE: Elcotel, Inc. |
