Teletouch Completes Passport Radio Network for DFW, North and East Texas Regions
20 June 2005 - 9:30PM
Business Wire
Teletouch Communications, Inc. (AMEX: TLL) announced today that it
recently completed installation of its Passport(R)-enabled two-way
Logic Trunked Radio or "LTR" network in the Dallas/Fort Worth
Metroplex area and surrounding regions. As a result of the recent
network completion, Teletouch's Two-Way Systems sales group has
already begun adding new Metroplex customers to the
Passport-enabled network. "Our new Passport network service
provides Teletouch two-way radio customers with cellular phone-type
coverage, but at much more competitive pricing for the dispatch
services many companies require," stated T.A. "Kip" Hyde, Jr.,
Teletouch CEO. "We believe that our combination of outstanding
service, price and network coverage have been instrumental in
attracting companies recently signed for the new Passport service."
Passport-enabled radios feature a form of "follow-me roaming,"
similar to the automatic handoff of signals from tower-to-tower
characteristic of cellular radio systems. The LTR radio service
includes voice, data and voice mail capabilities. Teletouch's
two-way radio network covers territory from approximately the
Louisiana state line to the western edge of the Dallas/Fort Worth
Metroplex and south toward the Houston metro-area. For many users,
two-way radio and LTR systems can be a significant cost-reducing
communications alternative to cellular service, due to its
cost-free multi-point dispatch capability and unlimited airtime for
a fixed monthly fee versus "per-minute" and "per-user" cellular
charges. About Teletouch Communications, Inc. Teletouch
Communications provides wireless communications and GPS-location
based products and services throughout the United States.
Teletouch's common stock is traded on the American Stock Exchange
under stock symbol: TLL. Additional financial and other information
for Teletouch is available at: http://www.teletouch.com. All
statements in this news release that are not based on historical
fact are "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995 and the provisions
of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended
(which Sections were adopted as part of the Private Securities
Litigation Reform Act of 1995). While management has based any
forward-looking statements contained herein on its current
expectations, the information on which such expectations were based
may change. These forward-looking statements rely on a number of
assumptions concerning future events and are subject to a number of
risks, uncertainties, and other factors, many of which are outside
of our control, that could cause actual results to materially
differ from such statements. Such risks, uncertainties, and other
factors include, but are not necessarily limited to, those set
forth under the caption "Additional Factors That May Affect Our
Business" in the Company's most recent Form 10-K and 10-Q filings.
In addition, we operate in a highly competitive and rapidly
changing environment, and new risks may arise. Accordingly,
investors should not place any reliance on forward-looking
statements as a prediction of actual results. We disclaim any
intention to, and undertake no obligation to, update or revise any
forward-looking statement. Passport is a registered trademark of
Trident Micro Systems, Arden, NC.
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