ATTP: Affordable Telecommunications Technology Implements Multi-Carrier Business
Strategy; Creates
Wireless Superstores Featuring the Nation's Top Carriers
Business/Technology Editors
HOUSTON--(BUSINESS WIRE)--Oct. 30, 2001--Affordable
Telecommunications Technology Corp. (OTC BB: ATTP), a rapidly growing
provider and marketer of wireless telecommunications products and
services, today announced that it is implementing a multi-carrier
business strategy to build a wireless superstore retail network.
To-date, Affordable Telecommunications has signed marketing
agreements with the nation's leading wireless providers: Nextel;
Sprint PCS; AT & T Wireless; VoiceStream; Cingular Wireless;
Metrocall; Arch Wireless; Weblink Wireless and Link Two, a subsidiary
of Eagle Broadband. These agreements authorize Affordable to market
and resell each carrier's wireless products and services among its
nine retail stores.
Steve Bethke, president and CEO of Affordable Telecommunications
Technology, stated, "By forming marketing alliances with all the major
players in the wireless telecommunications industry, Affordable has
created a `superstore' network where consumers can get comprehensive
information on each provider and determine which products and services
best suit their lifestyle and budget. This tailored marketing puts
Affordable at an advantage to accelerate sales volume. Collectively,
these marketing agreements should contribute from
$2,000,000-$3,000,000 in annualized revenues."
About Affordable Telecommunications Technology
Affordable Telecommunications Technology capitalizes on the
explosive two-way messaging products and services sector- a market
projected to reach $300 million in annual sales with over 11 million
units sold by 2004. Affordable markets pre-paid and post-paid wireless
telecommunications products and services and through nine retail
stores. The Company employs a 40-person retail sales force. Located in
South Texas and Louisiana, Affordable's retail stores include The
Wireless Store, Camera's Etc. and Beeper Boutique. Affordable is
focused on expanding its distribution channels and lowering customer
acquisition costs. Through its wholly-owned subsidiary, ZMail Media,
Affordable cross-sells its products on public Internet Access
Terminals throughout the U.S.
Certain statements in this news release may contain
forward-looking information within the meaning of Section 21E of the
Exchange Act and Section 27A of the Act. All statements, other than
statements of fact, included in this release, including, without
limitation, statements regarding potential future plans and objectives
of the company, are forward- looking statements that involve risks and
uncertainties. There can be no assurance that such statements will
prove to be accurate and actual results and future events could differ
materially from those anticipated in such statements.
For additional information, see www.thewirelessstore.net and
www.otcfn.com/attp.
--30--jr/bos*
CONTACT: Affordable Telecommunications Technology Corp.
Steven H. Bethke
President and CEO
713-988-8884
sbethke@flash.net
or
OTC Financial Network
Eddie Khoury, Investor Relations
877-385-0973 (toll-free)
or 781-444-6100 ext. 644
eddie@otcfn.com
KEYWORD: TEXAS
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS HARDWARE NETWORKING
SOFTWARE TELECOMMUNICATIONS
SOURCE: Affordable Telecommunications Technology Corp.
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Oct-30-2001 13:48 GMT
Symbols:
US;ATTP
Source BW Business Wire
Categories:
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