Talk Visual, USXP Sign Agreement to Offer Wireless Sales Program to 8,500 USXP Postal Business Center Members Nationwide
MIAMI--(BUSINESS WIRE)--Nov. 7, 2000--(OTC-BB:TVCP). TALK VISUAL CORPORATION President Eugene A. Rosov announced today that under an agreement signed today with USXP (OTC:BB-USXP) the Company will offer over 8,500 Postal Business Centers the opportunity to resell wireless services. Talk Visual is a retail provider of wireless services for BellSouth Mobility, Voicestream, Simple Communications (PCS Prepaid) and other carriers.
"The timing is exceptional," said Mr. Rosov, from Talk Visual's Florida headquarters, "and of course, timing is everything. For the last month, we've been running trial programs here in Miami, using our sales force on the street to open resale operations. Mid-priced wireless services are experiencing explosive growth nationwide - even worldwide - and we believe that we can become a significant provider to the Postal Business Centers. With the experience we've had in our New York, New Jersey, Miami, Boston and Pawtucket retail stores, we're confident that we can demonstrate the program's excellent profitability to USXP's Postal Business Centers. We plan to approach the first 200 members next week."
The Company will initially offer Voicestream services in the New York/New Jersey and Dade/Broward County areas, along with PAYSMART prepaid phone card products and wireless accessories.
Richard Altomare, Chairman of USXP, said from his New York City offices today "We're very pleased to be able to offer our Postal Business Center members the opportunity to participate in the wireless revolution - and provide their customers with excellent service, at great prices. The Talk Visual program is simple and straightforward, as they handle the details out of their Miami headquarters. All our stores have to do is display the phones and related accessories, and offer them to the public. We believe that Postal Business Centers nationwide can become important neighborhood retail locations for postpaid and prepaid wireless service products, as well as a wide range of cellular phones and accessories. After all, our Centers are a favorite retail location for people sending packages domestically and abroad - and many of these people are members of the key target markets for prepaid and postpaid wireless."
ABOUT TALK VISUAL CORPORATION
Talk Visual Corporation (OTC-BB:TVCP) is a pioneer in the video teleconferencing industry. It is developing global retail facilities to accommodate the growing video-communications needs of two key market segments: businesses and expatriate ethnic populations. Talk Visual can be reached toll-free at 1-877-22VIDEO (1-877-228-4336) within the United States, or at 305 572-0575 from abroad.
A list of Talk Visual's videocalling shops is at www.talkvisual.com. The site allows visitors to order the Company's impressive full-color newspaper. Talk Visual sells pagers at www.beeperforabuck.com. Information on the new Talk Visual TV225 Video-Telephone can be seen on www.thevideotelephone.com. In addition, visitors are directed to visit the Company's home page at www.talkvisual.com and click on the FAQ section, and or to read the Executive's Corner latest bi-weekly message. The Company's new FREE videocalling sign-up website service is available to public videocall rooms, private and public corporations, and individuals worldwide. The service can be accessed at www.videocallme.com.
Statements in this press release which are not historical including statements regarding Talk Visual's or management's intentions, hopes, beliefs, expectations, representations, projections, plans or predictions of the future are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended.
Such statements include statements regarding the success of the product and sales offerings to Postal Business Centers; the growth that wireless services are experiencing generally; the Company's ability to become a significant provider of wireless services to Postal Business Centers; the relevance of the Company's sales experience and its success in demonstrating the proposed sales program's profitability to Postal Business Centers; the timing and success of the Company's initial approach to 200 USXP members in the next week; the simplicity of the Company's sales programs; the ability of Postal Business Centers to become neighborhood outlets for wireless services and products; and whether or not such Centers are indeed favorite service locations for people sending packages domestically and internationally.
It is important to note that the Company's actual results could differ materially from those in any forward-looking statements. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release. Factors that could cause actual results to differ materially include whether or not the Postal Business Centers react positively to the Company's offerings and are indeed successful in retailing wireless services; the continuation of the past and current growth in wireless services generally; the Company's ability to retain its relationships with wireless carriers; the success of Postal Business Centers to continue to attract customers generally; and other risk factors listed from time to time in the Company's SEC reports, including but not limited to, the annual report on form 10-KSB for the year ended December 31, 1999, and the quarterly report on Form 10-QSB for the quarter ended June 30, 2000. This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities.
CONTACT: Talk Visual Corporation
Investor Relations
305-572-0575
info@talkvisual.com |
