AirTouch Communications (ATCH) Sells Initial Order of X1500 Wireless Device to UniCell in Africa
Scottsdale 6/12/2012 06:15 PM GMT (WooEB)
QualityStocks would like to highlight AirTouch® Communications, Inc. (OTCBB: ATCH), engaged in the development and marketing of patented telecommunications devices capable of converging voice, data, video, security, entertainment, and other advanced communications services from various service providers on one hardware platform. They currently hold three patents for unique combination of cordless telephone technology and wireless signal amplification which enables consumers and business to access voice, data, and other applications and services over the cellular wireless network.
In the company’s news yesterday,
AirTouch Communications announced the sale of 1,000 of its X1500 wireless device to distribution partner UniCell Ghana Ltd. The initial order of the device, which allows home and office users to receive voice, text, and data without landline or computer, represents the company’s first step into the African market.
AirTouch president and CEO Hide Kanakubo said the company expects Ghana to be the “gateway to the Economic Community of the West African States (ECOWAS).”
AirTouch designs and markets wireless telecommunications devices internationally, with a focus on countries where cost and geography have negatively impacted the deployment of landlines. Establishing this market presence in Ghana is one of two significant achievements for AirTouch, says Kanakubo, in reference to the company’s recent announcement that it is an approved vendor of Telefonos de Mexico S A B de CV (Telmex), and that it has received an initial order for sale of AirTouch’s patent pending SmartLinX™ (U250).
Per the announced agreement, the companies collectively plan to sell X1500 to several mobile operators, including Airtel, Tigo, Glo and Vodafone.
“The agreement with UniCell and the recent order from Telmex are two key milestones we have worked hard to achieve,” Kanakubo stated in the press release.
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
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.
Email Article to a friend
Receive alerts for QualityStocks to your inbox.
Sign up for StockENews Alerts