Wednesday August 19, 10:10 am Eastern Time
Company Press Release
SOURCE: Elcotel, Inc.
Elcotel's Technology Service Group Wins Payphone Refurbishment Contract With Bell Atlantic
SARASOTA, Fla., Aug. 19 /PRNewswire/ -- Elcotel, Inc.'s (Nasdaq: ECTL - news) subsidiary, Technology Service Group (TSG), has been awarded an extension of a multi-million dollar contract with Bell Atlantic's Telesector Resources Group, Inc.
Under terms of the contract, Elcotel will refurbish payphones and their components for Bell Atlantic Public Communications, which owns and operates over 300,000 public telephones from Maine to Virginia. The extended contract will provide Bell Atlantic with a cost-effective way to maintain and repair its payphones while enhancing customer service and satisfaction.
Tracey Gray, President and CEO of Elcotel, states, ''Our TSG subsidiary is committed to delivering the highest quality service at the least possible cost while providing the customer 'one-stop-shopping' convenience. This contract underscores our commitment to that goal.''
TSG is a wholly owned subsidiary of Elcotel, Inc. With its headquarters in Sarasota, FL, Elcotel designs, develops, manufactures, and markets reliable microprocessor-based public communications products and software systems that provide service over both domestic and international wireline and wireless telephone networks. Elcotel is a leader in the sales of microprocessor-based payphone products to domestic private payphone operators and publicly regulated telephone companies.
Statements 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 or the company's customers, risk of competition, risk of obsolescence of the company's products and other uncertainties detailed in company filings with the Securities and Exchange Commission.
SOURCE: Elcotel, Inc.
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