QualityStocks would like to highlight Teletouch (OTCBB: TLLE), which offers a comprehensive suite of wireless telecommunications solutions, including cellular, two-way radio, GPS-telemetry, and wireless messaging. The company is a leading Authorized Services Provider and billing agent of AT&T products and services to consumers, businesses and government agencies, as well as an operator of its own two-way radio network and LTR systems in Texas. Teletouch operates a chain of 20 retail and authorized agent stores under the "Teletouch" and "Hawk Electronics" brands, in conjunction with its direct sales force, call center operations, and various retail eCommerce websites.
In the company’s news yesterday,
Teletouch Communications announced that it has signed a distribution agreement with Monster Digital®, an innovator and developer of advanced memory storage solutions. Per the agreement, Teletouch’s wholly owned subsidiary, Progressive Concepts Inc. dba PCI Wholesale (PCIW), will be the exclusive U.S. authorized distributor for the entire suite of Monster Digital’s SD and MicroSD memory cards.
Monster Digital President Mike Ridling said the agreement strengthens the company’s strategy to extend its reach into the rapidly growing wireless industry, and noted the evolution of mobile phone functionality.
“We are pleased to announce our distribution partnership with PCI Wholesale, which will play a pivotal role in our growth throughout the expanding multi-billion dollar U.S. wireless market. New smartphones from a variety of handset manufacturers are now the majority of new phones sold. Increased feature functionality, including much more robust photo and video capabilities are driving the need for high-quality, larger capacity, tough and durable flash data cards in mobile devices,” Ridling stated in the press release. “PCI Wholesale’s unique relationship to the cellular industry makes them well positioned to help us take full advantage of this high growth retail market opportunity.”
PCI Wholesale will offer the products under license of the Monster® brand. Monster’s Digital lineup includes its new 128GB “Vault” Series SD cards and 32GB “Bunker” Series MicroSD cards, which are waterproof and survivable in submersion in water for 30 minutes at a depth of 2.6 meters.
T.A. “Kip” Hyde, Jr., president and COO of Teletouch and CEO of Progressive Concepts, voiced his support of the launch and sales of Monster Digital’s products, as well as PCI Wholesale’s position in the mobile industry.
“The user need is there, and interest in MicroSD and SD card products is significantly growing in the wireless retail market, as smartphone handset memory needs are increasing geometrically. Monster Digital provides users with superior products to take advantage of all the benefits their mobile devices have to offer, including crystal clear HD video,” Hyde stated. “PCI Wholesale’s long history in the cellular industry, superior customer support and retail training capabilities will help to solidify Monster Digital’s position and penetration in this important market segment.”
About QualityStocks
QualityStocks, based in Scottsdale, Arizona, is a free service that collects data from hundreds of Small-Cap and Micro-Cap online Investment Newsletters into one Daily Newsletter Report. QualityStocks is dedicated to assisting emerging public companies with their investor communication efforts and connecting subscribers with companies that have huge potential to succeed in the short and long-term future.
To sign up for The QualityStocks Daily Newsletter, please visit www.QualityStocks.net
Please read FULL disclaimer on the QualityStocks website: http://Disclaimer.QualityStocks.net
Forward-Looking Statement:
This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.
