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Technology Stocks : CLST - CellStar Corporation -- Ignore unavailable to you. Want to Upgrade?

To: sfh who wrote (542)	11/17/1998 11:31:00 AM
From: Skywatcher	Read Replies (1) \| Respond to of 641

CellStar to Distribute Phones and Accessories for the Iridium North America World Roaming Program CARROLLTON, Texas, Nov. 4 /PRNewswire/ -- CellStar Corporation (Nasdaq: CLST - news) has been selected by Iridium North America to distribute wireless phones and accessories to support the Iridium North America World Roaming Program. This service enables an Iridium customer to roam with a conventional wireless phone across previously incompatible terrestrial wireless networks throughout the world, using a single telephone number. Under its distribution agreement, CellStar will provide value-added fulfillment services as well as wireless products for global travelers. ''We look forward to CellStar distributing phones and accessories for the Iridium World Roaming Service,'' said Jim Walz, president of Iridium North America. ''CellStar's ability to respond quickly to the demands of the market place ensures that the product and fulfillment needs of the Iridium subscriber will be met.'' ''We are delighted with this opportunity to serve one of the major gateways in the Iridium worldwide network and its customers,'' said Dick Gozia, president and chief operating officer for CellStar. ''Our goal is to provide high-quality products and support services that will enhance the value of the Iridium System to its customers.'' Iridium North America is the sole owner and operator of Iridium services in the United States, Canada, Bermuda and Puerto Rico. The Iridium System combines the worldwide reach of 66 low-earth-orbit satellites with additional access to multiple wireless systems and protocol standards. Iridium North America is actively working with distribution partners to provide customers with service that will permit any type of telephone transmission -- voice, data, paging or fax -- to reach its destination any time and virtually anywhere that the customer roams. The service will facilitate communications for traveling professionals, residents of rural or underdeveloped regions, disaster relief teams and others. chris