Date: Fri, 14 Mar 1997 14:21:13 -0800 (PST)
To: quotecom-users@quote.com
Subject: Cancall Cellul (VSE:CLE) announcement
News Alert from Reuters via Quote.com
Topic: Cancall Cellular Communications Inc.
Quote.com News Item #2280289
Headline: Cancall Cellul (VSE:CLE) announcement
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(Full text of press release from Canada NewsWire)
CANCALL OPENS TOKYO HEADQUARTERS
VANCOUVER, March 14 /CNW/ - Cancall is pleased to announce
the opening of its first international office in Tokyo, Japan
and the formal signing of an agreement with Total Marketing
Promotions (TMP) of Tokyo, Japan to coordinate and manage all
Japanese rental pre-marketing operations.
The Cancall Tokyo office was officially launched February
27, 1997, with a formal agreement signing and reception at the
new Tokyo office. Cancall Vice President Dennis Sullivan and
Hawaii manager Lionel Lun represented Cancall at the signing.
TMP President Masuo Fukuchi represented TMP.
TMP, with offices in Tokyo and Honolulu, represents
foreign companies to client bases in Japan. TMP's clients are
responsible for over 1,200,000 Japanese visitors to the United
States annually. Under the terms of the revenue sharing
agreement, TMP has staffed and will maintain Cancall's Tokyo
office, represent Cancall in Japan to Japanese tour companies
and develop Cancall's client base at the corporate level in
Japan as part of Cancall's pre-marketing strategy.
Also under the terms of the agreement, TMP has contracted
to generate a minimum gross revenue from Cancall rental phones
of $150,000 US per month after a three month ramp up period.
TMP is pre-marketing rentals to Japanese tourists for the
locations in Honolulu, San Francisco, Las Vegas and Washington
DC.
With our new Tokyo office, we will meet the demand of our clients to
have a Japan-based customer service center and we will now have contact with
Japanese travelers before they leave for the United States,'' said Gregory J.
Howe, President, Cancall Cellular Communications Inc.
The Vancouver Stock Exchange has not reviewed and does not accept
responsibility for the adequacy or content of this News Release.
/For further information: Gregory J. Howe, President, or Jay Smith, (800)
557-2485 or (604) 685-6465/
Copyright 1997, Reuters News Service |
