From QRTS.....
MELBOURNE, Fla., Jan. 16 /PRNewswire/ via NewsEdge Corporation -
EZ Prepaid, a wholly owned subsidiary of Pre-Cell Solutions Inc. (OTC Bulletin Board: TDCM) (d/b/a Dual Point Communications), has announced an agreement with Hotel Cellular Inc.(TM) to distribute the company's prepaid wireless products.
The California/Florida-based Hotel Cellular(TM) will provide EZ Prepaid's new CDMA digital handsets as rentals to hotel guests in major U.S. tourist markets. Hotel Cellular has hospitality contracts with resorts in Florida, California, New York, Las Vegas, New Orleans and Chicago.
"Combined with our international switch for long distance service to more than 67 countries, the EZ Prepaid program gives our customers control over their wireless costs during travel," said Thomas A. Buss, COO of Hotel Cellular. "The LG handsets are lightweight and substantial, and the speed of replenishment will assist international travelers with the simplicity of the Hotel Cellular services."
Hotel Cellular has been contracted to deliver the EZ Prepaid digital phones to more than 500 hotels during the next 18 months, according to Thomas E. Biddix, Chairman and Chief Executive Officer of Dual Point. "We believe our phones will be a very popular item for travelers requiring a high tech handset on a short-term basis."
The prepaid wireless market is projected to grow from an estimated $3 billion in revenue today to exceed $7.6 billion in revenue and more than 18 million subscribers by the end of 2002, according to wireless analysts Frost & Sullivan. Prepaid service provides an easy, cost-effective alternative for budget-conscious individuals and businesses desiring to control communication costs, occasional users and those with no or poor credit.
This news release contains certain forward-looking statements that involve risks and uncertainties. Words such as "anticipate," "expect," "intend," "plan," "believe," "may," "will" and similar expressions are intended to identify forward-looking statements. Such statements are only predictions, and the company's actual results may differ materially from those anticipated in these forward-looking statements. These risks, uncertainties and other factors are more fully discussed under "Risk Factors" and elsewhere in the company's readily available Form 10-K for the fiscal year ended April 30, 2000, and each of the Form 10-Qs for the periods ended October 31, July 3 and January 31, 2000.
SOURCE Pre-Cell Solutions, Inc.
CONTACT: Randy Moser, Vice President, Marketing, Pre-Cell Solutions, 321-308-2900; or Tom Buss, COO of Hotel Cellular Inc., 866-HOTELCELL, or TomB@hotelcellular.com
Web site: hotelcellular.com dualpoint.com (TDCM)
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