Teletouch Engages MasurLaw to Assist in Mobile Content Licensing and Related Business Development
13 July 2006 - 8:57AM
Business Wire
Teletouch Communications, Inc. (AMEX:TLL), a leading U.S. wireless
communications services company, announced today that it recently
engaged New York law firm MasurLaw (Masur & Associates, LLC) to
assist the Company's efforts in mobile content licensing and
related business development including strategic partnerships and
acquisitions. MasurLaw is internationally known for its practice in
entertainment and emerging technologies, with a specialty in mobile
content licensing and development. Teletouch CEO, T.A. "Kip" Hyde,
Jr. stated, "Steve Masur and his legal team are well recognized for
their expertise in the mobile media space, having helped establish
content licensing and related work for such cellular innovators as
Zingy, Virgin Mobile, Buongiorno USA, Thumbplay, Upoc Networks and
many others. MasurLaw has been an integral part of the new media
world, both Internet and mobile since their early inception. Steve
and his team have already provided valuable guidance and insight
towards our goal of establishing Teletouch as a leading provider of
integrated cellular and Internet-based retail marketing solutions,
including the recently announced ROK Entertainment distribution
relationship and supplemental content licensing relationships."
MasurLaw principal, Steve Masur added, "When Kip approached us
about representing Teletouch for cellular content licensing and
other mobile business development support, our team was genuinely
excited about the vision that he was bringing to both the company
and the industry. Kip's vision is to create a direct link between
mobile content and the things people do in their daily lives.
Achieving this next level of engagement is what will differentiate
innovators like Teletouch from the pack to lead the next revolution
in mobile content -- making it relevant. We look forward to working
with the team at Teletouch and helping to realize that vision."
About MasurLaw MasurLaw is a leading media and entertainment law
firm globally recognized for its pioneering work with new
technologies. Founded in 1994, MasurLaw provides counsel with
regard to intellectual property, business and corporate
transactions. MasurLaw's clients span such wide-ranging industries
as hardware, software, mobile and telecom, music, film, video
games, fashion, luxury brands, publishing, venture capital and
heavy industries. For more information, please visit
www.masurlaw.com. About Teletouch Communications Teletouch offers a
comprehensive suite of telecommunications services, including
cellular, two-way radio communications, GPS-telemetry and wireless
messaging services throughout the United States. TLL acquires,
bills and supports a large, primarily commercial business and
government base of subscribers, under its own network of FCC
licensed spectrum in Texas, Louisiana, Arkansas, Oklahoma, Alabama,
Missouri, Mississippi, Tennessee, and Florida. Teletouch's common
stock is traded on the American Stock Exchange under stock symbol:
TLL. Additional information about Teletouch can be found at:
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, and amendments thereto. 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.
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