Teletouch Announces Distribution Agreement with Unimax Communications for Sales of UMX Branded Cellular Handsets in North America
New Products Include Ruggedized Waterproof Military-Spec CDMA Phones
FORT WORTH, Texas, Sep 17, 2012 (BUSINESS WIRE) -- Teletouch Communications, Inc. (OTCBB: TLLE), a leading U.S. wireless services, cellular and consumer electronics distributor, today announced that it has entered into a comprehensive distribution agreement with Unimax Communications, Inc., a subsidiary of Hong Kong-based telecom electronics manufacturer, Unimax Communications Corporation, to sell and distribute their UMX(R) branded mobile handsets. Unimax is one of the fastest growing handset manufacturers in China, specializing in low cost, high quality Android(R), CDMA and WCDMA handsets, including the new, ruggedized and waterproof MAXCombat and MAXArmadillo line of phones. Built to military specifications, these Android phones are fully certified for the U.S. market, and will be available for delivery Fall 2012. Teletouch has been named as a distributor for North America, with a focus on rural carrier operators and providers.
"Unimax Communications has made significant inroads launching their products into the U.S., with a number of UMX handsets approved at Tier 1 networks in North America and available for purchase beginning October 2012. UMX handsets have also already been certified and launched at a number of rural and regional carriers," said T. A. "Kip" Hyde, Jr., President and COO of Teletouch. "Based on initial customer interest, we expect significant multi-million dollar sales growth from this product line, through our PCI Wholesale subsidiary, during the second-half of fiscal 2013."
Dan Gannon, President of Unimax Communications, Inc. stated, "Teletouch's long history in both retail and wholesale cellular handset sales and distribution makes them the perfect choice for us to increase our penetration and growth throughout the United States, Canada and Mexico. We are pleased to work with this great team of professionals to support our continued worldwide growth."
