Liberty Wireless Signs Up New Distribution Partners
29 June 2006
TelePlus Enterprises, Inc. (OTCBB: TLPE)(FRANKFURT: YT3) (www.teleplus.ca) ("TelePlus" or the "Company") is pleasedto announce that its fully owned subsidiary, TelePlus Wireless, Corp. hascontinued to execute on its growth initiatives by adding additional newpoints of wireless distribution. The recent efforts have resulted in theaddition of our points of distribution, online and retail, increasing ourdealer presence to over 65,000 points across the U.S., which includehousehold brands such as Western Union and Money Gram. "Liberty Wireless issigning up new dealers on a daily basis. With over 65,000 points ofdistribution, our products are available on a nationwide footprint to serveboth our existing client base and attract new customers. Liberty's prepaidoffering remains attractive to the unbanked segment since our productoffering resembles many of the postpaid service plans," commented MariusSilvasan, CEO of TelePlus.
"Through an arrangement with Sprint, Liberty Wireless customers have accessto service anywhere on the Nationwide Sprint PCS Network, reaching morethan 250 million people and the availability of its products at over 65,000points of distribution, including strategic partners such as Western Unionand Money Gram at retail locations and available online at wirefly.com,cellphoneshop.net, pricegrabber.com, AARP and many more locations," addedSilvasan.
About TelePlus Enterprises, Inc. (OTCBB: TLPE) http://www.teleplus.ca
Highlighted Links TelePlus Enterprises, Inc.
TelePlus Enterprises, Inc. ("TelePlus") is a diversified North Americantelecommunications company with offices in Miami, Florida; Cleveland, Ohio;Montreal, Quebec; and Barrie, Ontario. TelePlus was founded in 1999 and ithas since become a leading provider of wireless and telecommunicationsproducts and services across the U.S.A. and Canada. In October 2003,TelePlus became a publicly traded Company on the OTCBB under the symbolTLPE and since then it has continued to grow organically and throughstrategic acquisitions. The company's wholly owned subsidiaries includeTelePlus Wireless, Corp. which operates a prepaid MVNO (Mobile VirtualNetwork Operator) under the Liberty Wireless brand; Maximo Impact, Corp.which operates a pay-as-you-go MVNO under the MX Mobile brand and TelePlusConnect, Corp. which resells landline, long distance and internet servicesunder the Telizon, Freedom and Liberty brands. The company's websitesinclude www.libertywireless.com, www.vivaliberty.com and www.telizon.bizamong others.
About TelePlus Wireless, Corp. http://www.telepluswireless.com
TelePlus Wireless, Corp. operates a MVNO (Mobile Virtual Network Operator)in the U.S. under the popular Liberty Wireless brand. Under TelePlus'arrangement with Sprint®, Liberty Wireless customers have access toservice anywhere on the Nationwide Sprint PCS Network, reaching more than250 million people. TelePlus resells prepaid wireless service todistributors and consumers out of its 65,000 points of distributionnetwork, mainly servicing the unbanked consumers, estimated to representbetween 10% to 20% of the U.S. population. Analysts expect prepaid wirelessto represent a $32 billion industry by 2008. The subsidiary is based inMiami, Florida.
The statements which are not historical facts contained in this pressrelease are forward-looking statements that involve certain risks anduncertainties, including but not limited to risks associated with theuncertainty of future financial results, additional financing requirements,development and acquisition of new product lines and services, governmentapproval processes, the impact of competitive products or pricing fromtechnological changes, the effect of economic conditions and otheruncertainties, and the risk factors set forth from time to time in theCompany's SEC reports, including but not limited to its annual report onForm 10-KSB; its quarterly reports on Forms 10-QSB; and any reports on Form8-K. TelePlus Enterprises, Inc. takes no obligation to update or correctforward-looking statements.
To view the most recent video interview with CEO, please visit:http://www.teleplus.ca/download/18teleplus.wmv
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Report: http://www.wallstreetresearch.org/reports/tlpe.htm
To view our most recent Investology research report, please visit:http://www.teleplus.ca/download/TLPEUPDATE17April06-Final.pdf
Listen to our Q1 webcast at:http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=1453540
To view the CEO interview on the floor of the AMEX, please visit:http://www.teleplus.ca/download/TLPE.wmv
To view the most recent trader's report on TelePlus, please visit:http://www.teleplus.ca/download/TLPEtrader.wmv
Contact:
TelePlus Enterprises, Inc.Investor Relations & Corporate Communications866-699-3388 ext 222investorrelation@teleplus.ca
SOURCE: TelePlus Enterprises, Inc.
Source: marketwire
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