TelePlus Reports 10.5 Percent Increase in Handset Sales for July
TelePlus Enterprises, Inc. today announced that its subsidiary TelePlus Retail Services, Inc. reported an increase of 10.5% in wireless handset sales for July compared to the same period a year ago.
PR9.NET August 02, 2005 - MONTREAL, Aug. - TelePlus Enterprises, Inc. (OTCBB:TLPE) (http://www.teleplus.ca), a vertically integrated provider of wireless and landline communications products and services across North America today announced that its subsidiary TelePlus Retail Services, Inc. ("TelePlus Retail") reported an increase of 10.5% in wireless handset sales for July compared to the same period a year ago. Total number of wireless handset sales reached 2,944 compared to 2,664 handsets for the same month last year.
"July was a good month in terms of wireless activations as our core business continues to deliver double digit growth,"" stated company President & COO Kelly McLaren. "With 'back to school' upon us, we anticipate our growth to continue in August and September," added McLaren.
Investors are asked to e-mail all questions and correspondence to TLPE@agoracom.com where they can also request to be added to the TelePlus investor e-mail list to receive all future press releases and updates directly.
TelePlus Enterprises, Inc. ("TelePlus") is a vertically integrated provider of wireless and landline products and services across North America. The Company's retail division -- TelePlus Retail Services, Inc. -- owns and operates a national chain of TelePlus branded stores in major shopping malls, selling a comprehensive line of wireless and portable communication devices. TelePlus Wireless, Corp. operates a virtual wireless network selling cellular network access to distributors in the United States. TelePlus Connect, Corp. is a reseller of landline and long distance services including internet services.
The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties, including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development and acquisition of new product lines and services, government approval processes, the impact of competitive products or pricing a technological changes, the effect of economic conditions and other uncertainties, and the risk factors set forth from time to time in the Company's SEC reports, including but not limited to its annual report on Form 10-KSB; its quarterly reports on Forms 10-QSB; and any reports on Form 8-K. Teleplus Enterprises, Inc. takes no obligation to update or correct forward-looking statements.
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