UniverCell Signs Agreement With O2 as Primary Provider of GSM Services
08 Janeiro 2004 - 7:43PM
PR Newswire (US)
UniverCell Signs Agreement With O2 as Primary Provider of GSM
Services BALTIMORE, Jan. 8 /PRNewswire-FirstCall/ -- UniverCell
Holdings, Inc. (BULLETIN BOARD: UVCL) , a leading international
cellular phone rental company, announced today that it has signed a
GSM service agreement with O2, a leading provider of GSM services,
based in the UK. Sean Y. Fulda, CEO of UniverCell Holdings,
commented, "This switch to O2 will provide us with an upgrade in
the quality and pricing of our GSM service and will help us to
maintain our superior standards for our clients' communications
needs." O2 provides GSM services together with their roaming
partners in over 130 countries. O2 will replace Orange as
UniverCell's primary provider of GSM services. Multiple factors led
management to replace Orange as the company's primary GSM provider.
O2 was chosen based on their ability to provide top-notch GSM
service, with exceptional service levels, that UniverCell requires
for its clients. Additionally, O2 offers a superior level of
customer service that will benefit our customers with quicker
response times and a dedicated team of experts available 24 hours a
day. We will be offering our customers a choice of the Nokia 6310i
bluetooth capable phones and the Motorola V66, with the O2 service
in countries around the world. This new agreement signed with O2
brings with it a host of benefits to UniverCell. The agreement will
allow UniverCell to increase its profitability exponentially as we
increase our sales revenue. Lower costs of service provided by O2,
as compared to Orange, will decrease our average cost of goods
while increasing our average gross profit per revenue dollar.
UniverCell intends to create a new marketing program with specials
offering the new service on the O2 network. We will be instituting
a travel agent co-marketing program offering the first week of
rental complimentary to customers flying overseas. Contact Info:
Sean Y. Fulda Investor Relations UniverCell Holdings, Inc. (800)
765-2355x8150 About UniverCell Holdings UniverCell is a global
cellular phone rental company that delivers international wireless
solutions to corporate travelers and consumers traveling overseas.
UniverCell's services include international cellular phone rentals
and GSM (global standard for mobile communications) service,
prepaid international wireless GSM service and sales. GSM is the
cellular technology and infrastructure that enables global roaming
by countries utilizing compatible systems throughout their cellular
networks. The company offers international wireless
phone/fax/data/Internet solutions to overseas travelers. UniverCell
provides a single wireless phone and phone number functional in
more than 130 countries. The company offers the newest and most
technologically advanced cellular phones, with the Motorola v66 and
the Nokia 6310i as its flagship products. UniverCell delivers the
wireless solution prior to the traveler's departure from the United
States via overnight FedEx. UniverCell also provides international
call forwarding to the client's wireless phone from up to ten U.S.
phone numbers. The company provides additional options such as a
U.S.-based phone number for the rental phone. UniverCell's data
connectivity kit enables customers to transfer contact names and
phone numbers from their PC, PDA or other contact programs to their
rental phone. More information is available on the company's
website at http://www.rentalcell.com/ or by calling (800) 765-2355.
Safe Harbor for Forward-Looking Statements: Except for historical
information contained herein, the statements in this release are
forward- looking statements that are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act
of 1995. Forward-Looking statements involve known and unknown risks
and uncertainties, which may cause a company's actual results in
the future periods to differ materially from forecasted results.
These risks and uncertainties include, among other things, product
price volatility, product demand, market competition, and risk
inherent in the company's operations. You can identify these
statements by the fact that they do not relate strictly to
historical or current facts. They use words such as "anticipate,"
"estimate," "expect," "project," "intend," "plan," "feel," "think,"
"hear," "enable," "will," "guess," "believe" and other words and
terms of similar meaning in connection with any discussion of
future operating or financial performance. DATASOURCE: UniverCell
Holdings, Inc. CONTACT: Sean Y. Fulda, Investor Relations,
UniverCell Holdings, Inc., +1-800-765-2355 x8150 Web site:
http://www.rentalcell.com/
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