NEWS TODAY: U.S. STARCOM SIGNS DISTRIBUTION AGREEMENT EXPECTED TO EXCEED $5 MILLION
DISTRIBUTION BEGINS IN THE UNITED STATES AND MEXICO
PERTH AMBOY, N.J., May 3, 2005 (PRIMEZONE via COMTEX) -- U.S. Starcom, Inc.
(Pink Sheets:USTA) announced today it has signed a distribution agreement with
Hispanic Communications of Los Angeles for the distribution of prepaid phone
cards featuring soccer stars and entertainers at related events. The agreement
is for 12 months with a renewal clause.
Joseph Macaluso, founder and COO of U.S. Starcom said, "This campaign has begun,
featuring nine soccer stars on collector prepaid phone cards. Hispanic
Communications will distribute these to thousands of fans. We expect the cards
to both provide easy communication between Mexico and the U.S. and to remain a
valuable collector's item."
"We anticipate the average monthly sales of $5 prepaid phone cards to grow to
90,000 cards per month," states John DiDomenico, President and CEO. "This
announcement is the second of many that we expect to make for other markets
nationwide within the next several weeks. These first two agreements should more
than double our revenues from last year and because we have no debt, we
anticipate strong earnings."
The agreement with Hispanic Communications will be managed by the Los Angeles
office of U.S. Starcom and will provide for prepaid long distance phone cards
for calls originating in either the U.S. or Mexico.
About Hispanic Communications: With headquarters in Los Angeles since 1997,
Hispanic Communications has been providing prepaid calling cards to fans at
concerts and soccer events and via Univision TV nationwide in both the U.S. and
Mexico, primarily targeting the Latino communities. Univision is the largest
Latin broadcasting network in the United States.
About U.S. Starcom: A leader in providing value added prepaid services and
solutions to urban neighborhoods to enhance communications and entertainment.
With a sales network extending to thousands of urban locations, more than 50
VoIP gateways and no long term debt, U.S. Starcom continues its rapid expansion
into the distribution of alternative communication products and services,
including international long distance, prepaid phone cards, wireless dial around
applications, stored value services and Internet enhancements. U.S. Starcom's
wider goal is to use its distribution network in urban neighborhoods to sell
other services through strategic alliances and joint distribution campaigns; in
effect becoming a massively specialized distribution enterprise. Regional
offices are located in Reno, Los Angeles, Atlanta and Perth Amboy. The company
is poised for significant growth.
CONTACT: U.S. Starcom, Inc.
Jack Lennon
(800) 644-8584
www.usstarcom.com
