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Teletouch Communications Inc (TLLEQ) RSS Feed

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Created
06/10/07
Type
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Teletouch Communications, Inc. (TLLE) offers a comprehensive suite of wireless telecommunications solutions, including cellular, GPS-telemetry, and wireless messaging. Founded in 1964, the company provides its products and services to consumers, businesses, and government agencies, operating a chain of 11 retail and authorized agent stores, in conjunction with its direct sales force, call center operations, and various retail eCommerce websites.

Through its wholly owned subsidiary, Progressive Concepts, Teletouch operates a national distribution business, PCI Wholesale, primarily serving Tier-1 (AT&T, T-Mobile, Verizon, Sprint) cellular carrier agents, Tier-2, Tier-3, and rural carriers, as well as auto dealers and smaller consumer electronics retailers. The subsidiary's international sales coverage includes Canada, Mexico, Brazil, Singapore, and China.

The company is currently focusing on growing its core wholesale distribution business. The business plan being executed includes selling non-core corporate assets and reviewing potential acquisition opportunities. Operators and retailers of all sizes are seeking new sources of revenue at lower costs, creating a large opportunity to provide great products and value-added distribution capabilities at competitive prices.

Teletouch's management team has extensive experience in financing, acquiring, and operating retail, wireless and other related companies. Robert McMurrey, Chairman and CEO, guided Teletouch's original external expansion with the completion of over 15 acquisitions to date. Today, the company supports over 60,000 wireless customers, leveraging its long-standing relationships and global presence to drive future earnings growth.

COMPANY FACTS

- 47+ years as a wireless services company
- 28+ years as a cellular services provider
- 39+ years as a consumer electronics retailer and wholesaler
- 115+ full-time employees
- Publicly traded as Teletouch Communications since 1994

INVESTMENT HIGHLIGHTS

- Partnerships with Fortune 500 Companies
- Over 60,000 Wireless Customers
- Proprietary Cellular & Multi-Product Billing Platform
- Fully Integrated Customer Care (Call) Center
- National CE Wholesale Distribution Business

Contact Info
5718 Airport Freeway
Fort Worth, TX 76117
Phone: 800-232-3888
Email: information@teletouch.com
Website: http://www.teletouch.com

Links

Investors Relations Page
Latest Presentations
SEC Filings
Company News
Company Financials


Corporate Officers

ROBERT MCMURREY
Chairman and Chief Executive Officer, Teletouch Communications, Inc.
Chairman, Progressive Concepts, Inc. ("PCI")

Mr. McMurrey is the Chairman and CEO of Teletouch Communications, Inc., and controlling shareholder of Teletouch. In April, 2001, Mr. McMurrey also acquired and became Chairman and CEO of PCI. The companies were consolidated in August, 2006, with Teletouch surviving as the parent to PCI. Mr. McMurrey has extensive experience in financing, acquiring and operating retail, wireless and other related companies. Mr. McMurrey guided Teletouch's original external expansion with the completion of over 15 acquisitions to date. Prior to 1994, Mr. McMurrey was involved in the energy industry. Mr. McMurrey has a B.S. degree from the University of Texas at Austin.

THOMAS 'KIP' A. HYDE, JR.
President and Chief Operating Officer, Teletouch Communications Inc.
Chief Executive Officer - Progressive Concepts, Inc. ("PCI")

Prior to joining Teletouch in October 2004, Mr. Hyde was both President of PCI affiliate and PCCI parent financial subsidiary, State Hawk Security, Inc. and General Manager of Hawk Electronics Home & Commercial Services group. Previously, Mr. Hyde was CEO of CA-based Greenland Corporation, a financial software systems provider to his prior employer, Dallas, TX-based, Affiliated Computer Services (NYSE:ACS). Mr. Hyde served as the Corporate VP for the ACS Financial Services division, and later, for ACS Retail Solutions, Inc., a subsidiary providing large scale enterprise retail systems and technical help desk support. Clients included 7-Eleven, Inc., Denny's Restaurants Group, Zale Corporation and many others, with systems deployed in over 12,000 locations throughout North America. While at ACS, Mr. Hyde was awarded U.S. Patent #6,038,553 for an automated check cashing and financial services technology platform (now known as Vcom™) installed in nearly 2,000 7-11 stores. Mr. Hyde holds a B.A. degree in Finance from the University of Texas at Austin.

DOUGLAS E. SLOAN
Chief Financial Officer, Teletouch Communications, Inc & Progressive Concepts, Inc ("PCI")

Mr. Sloan joined Teletouch as a Senior Financial Analyst in August 1998. In May 2001, he was promoted to Controller and Corporate Secretary, and was promoted to his current role as Chief Financial Officer in December 2005. Prior to joining Teletouch, Mr. Sloan was Controller of Amerimax Building Products, Inc., a Dallas, TX-based manufacturing company, from 1995 to 1998. Mr. Sloan began his financial career as a senior auditor with Ernst & Young, LLP in Dallas, TX from 1991 to 1995. Mr. Sloan is a Certified Public Accountant, licensed in the State of Texas since 1992. He holds a B.B.A. degree in Accounting from Texas A&M University.


 


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