SOURCE: AirTouch Communications
NEWPORT BEACH, CA--(Marketwire - Jun 1, 2012) - AirTouch® Communications, Inc. (OTCQB: ATCH) (OTCBB: ATCH) (www.airtouchinc.com), a branded end to end developer and supplier of wireless telecommunications devices, today announced that they have been named an approved vendor of Telefonos de Mexico S A B de CV (Telmex). In connection with being named an approved Telmex vendor, AirTouch received an initial order for sale of the new AirTouch patent pending SmartLinX™ (U250). The product is expected to ship in the second quarter first in Mexico and ultimately throughout Telmex locations in Latin America. The roll out is expected to include 400 Mexico Telmex retail stores, Telmex online stores and on the SNS that Telmex uses to sell their communication equipment at the retail level. In addition, Telmex is expected to use the U250 as a telephone line customer retention tool, as well as ADSL upgrades and for new customer acquisition purposes.
Under the terms of the purchase order, 2,000 units are expected to be shipped to selected retail outlets where Telmex marketing programs will be tested for effectiveness and sales associates will be trained on product use. Once the marketing programs are refined and determined to be successful, Telmex expects 18,000 units to be released.
"AirTouch is very excited to be supplying Telmex with the SmartLinX™ U250. This product was specifically requested by and designed for Telmex, the largest landline carrier in Latin America," said Hide Kanakubo, CEO of AirTouch. "We are proud to partner with Telmex in bringing communication solutions to their customers and significantly enhancing the benefits of their landline services. We are excited to begin generating sales in the Latin American market and believe this initial purchase order will be the first of many large orders in the future."
After discussions with Mr. Vázquez del Mercado, Executive Vice President for Corporate Development of Telmex Corporation, SA., the engineers at AirTouch created the first in AirTouch's SmartLinX™ product line specifically to meet the needs of Telmex. The SmartLinX™ U250 device easily connects most smart phones to Telmex landline services including PSTN, ADSL, VoIP or Fiber base VoIP. For a video demonstration of the SmartLinX™ device go to http://www.buycellathome.com/video/SmartLinX-Video-v7.html.
"Telmex has businesses in 19 countries throughout Latin America. Following the introduction of the SmartLinX™ U250 device in Mexico, our intent is to bring this product into each of those markets," said Mr. Vázquez del Mercado. "Telmex currently sells hundreds of thousands of cordless telephones each year. We are confident that the easy to use U250 may eventually lead to replacing cordless phones among a large portion of our broadband and Wi-Fi network customers."
The SmartLinX™ device connects a smartphone to a landline, combining the clarity of a landline with the features of a smartphone, such as using the contact list for making phone calls. SmartLinX™ will allow the user to benefit from receiving landline and cellular calls on the same device and using fewer mobile minutes at home or in the office where the wireless signal is challenged. This product is compatible with all major smart phones.
"We believe this product will be widely accepted by our customers," stated Mr. Vázquez del Mercado. "Though landline use is declining worldwide, the signal quality has yet to be matched by wireless technologies. Additionally, landlines are more secure than a broadband connection for tele-banking and other applications requiring the highest level of security. For these reasons, we are confident that landlines will remain an important piece of our business in the coming years. Allowing mobile phones to work using these landlines will help Telmex find new opportunities for services and revenue," stated Mr. Vázquez del Mercado.
About AirTouch® Communications
AirTouch® Communications, Inc. is 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 piece of hardware. We currently hold three patents for our 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. For further information about AirTouch Communications, please visit the web site: www.airtouchinc.com.
Telefonos de Mexico S A B de CV (Telmex) is a telecommunications company headquartered in Mexico City that provides telecommunications products and services in Mexico, Argentina, Colombia, Brazil (Embratel) and other countries in Latin America. Telmex is still the dominant fixed-line phone carrier in Mexico. In addition to traditional fixed-line telephone service, Telmex also offers Internet access, data, hosted services and IPTV. Telmex owns 90 percent of the telephone lines in Mexico City. http://www.telmex.com/mx/
This press release contains forward-looking statements. These statements relate to future events or our future financial performance, including but not limited to statements regarding the success of our relationships with Telmex, the future distribution and sale of our telecommunications devices to the Mexican market, the demand for our telecommunications devices in the U.S., Latin America and other developing countries, and our ability to obtain purchase orders from U.S. and Latin American carriers. These statements involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed, implied or inferred by these forward-looking statements including but not limited to the recent receipt of orders from Telmex and the risk that orders from Telmex may not increase or continue, absence of any purchase orders from any other market, the absence of any agreements or commitments at this time on the part of any Latin American carrier to purchase our telecommunications devices, the risk that our telecommunications devices may not be accepted by the Latin American market or markets in other developing countries and those other risks set forth in our annual report on Form 10-K filed with the SEC on March 21, 2012. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "could," "would," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "projects," "potential" or "continue" or the negative of such terms and other comparable terminology. These statements are only predictions based on our current expectations and projections about future events. You should not place undue reliance on these statements. Actual events or results may differ materially. We undertake no obligation to update any of the forward-looking statements after the date of this release to conform those statements to reflect the occurrence of unanticipated events or otherwise, except as required by applicable law.