To: BRANDYBGOOD who wrote (91 ) 2/24/2000 4:43:00 PM From: 2MAR$ Read Replies (1) | Respond to of 122
after hours coverage coming right up....they're going to mention the good news for your CLST with DISH:)) could squeeze big time !!! CellStar Named as DISH Network Satellite TV Distributor CARROLLTON, Texas, Feb. 24 /PRNewswire/ -- CellStar Corporation (Nasdaq: CLST - news), a value-added wireless logistics leader, today announced that it has signed an agreement with EchoStar Communications Corporation (Nasdaq: DISH - news, DISHP - news) to distribute EchoStar's DISH Network(TM) satellite television equipment and service to CellStar's current and prospective retail customers. ``This agreement will allow CellStar's retail customers to market DISH Network's state-of-the-art, direct broadcast satellite television system,' said Daniel T. Bogar, CellStar senior vice president and president of the Company's Americas Region. ``CellStar is in an excellent position to provide complete end-user fulfillment for its retail customers using CellStar's AOS On-Line(SM) (Advanced Ordering System), an Internet-based system for order entry, information exchange and shipping of products ordered. This agreement with EchoStar expands CellStar's role as a value-added wireless logistics service provider to include the direct broadcast satellite television industry.' DISH Network is EchoStar's small dish satellite system with the capacity to offer customers up to 500 channels of digital video and CD-quality audio programming, including local channels, high definition TV, high-speed interactive television and data services, as well as fully MPEG-2/DVB compliant hardware and installation. DISH Network is a trademark of EchoStar Communications Corporation and currently serves over 3.4 million customers. DISH Network was ranked number one in customer satisfaction among satellite/cable TV subscribers in a study by J.D. Power and Associates in 1999. For more information, contact 1-800-333-DISH (3474) or visit www.dishnetwork.com. CellStar Corporation is a leading global provider of distribution and value-added logistics services to the wireless communications industry, with operations in Latin America, Asia-Pacific, North America and Europe. CellStar facilitates the effective and efficient distribution of handsets, related accessories and other wireless products from leading manufacturers to network operators, agents, resellers, dealers and retailers. In many of its markets, CellStar provides activation services that generate new subscribers for its wireless carrier customers. For the year ended November 30, 1999, the Company had sales of $2.3 billion. Additional information about CellStar may be found on its web site at www.cellstar.com. This press release contains forward-looking statements, as defined in the Private Securities Litigation Reform Act of 1995. A variety of risk factors, including changes in foreign laws, regulations and tariffs, new technologies, system implementation and operational difficulties, competition, handset and other product shortages and other risk factors, are discussed in the Company's Annual Report on Form 10-K and most recent Quarterly Report on Form 10-Q, which are on file with the SEC. Any combination of these risk factors could cause CellStar's actual results to vary materially from anticipated results or other expectations expressed in CellStar's forward-looking statements. SOURCE: CellStar Corporation