MissionIR's  Instablog

MissionIR
Send Message
We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices. It is our unwavering commitment to connect the investment community with companies that have great potential and a strong dedication to... More
My company:
MissionIR
My blog:
MissionIR Blog
  • AirTouch Communications, Inc. (ATCH) Becomes Approved Telmex Vendor; Receives Initial SmartLinX Purchase Order 0 comments
    Jun 1, 2012 5:41 PM | about stocks: ATCH

    AirTouch Communications, developer and supplier of wireless telecommunications devices, today announced it is an approved vendor of Telefonos de Mexico S A B de CV (Telmex), and that it has received an initial order for sale of AirTouch's patent pending SmartLinX™ (U250).

    The SmartLinX device connects a smartphone to a landline, which allows the user to benefit from receiving landline and cellular calls on the same device. This product is compatible with all major smart phones.

    Per the purchase order, 2,000 units are expected to be shipped to select Telmex retail outlets, where the company will test the effectiveness of the marketing programs and train sales associates on how to use the products. Once the marketing programs are at the desired state, Telmex plans to release 18,000 units.

    The initial order is slated for shipment in the second quarter in Mexico, with the products expected to ship to 400 Mexico Telmex retail stores, Telmex online stores, and on the SNS that Telmex uses to sell its communication equipment. Ultimately, the product will also be shipped throughout Telmex locations in Latin America.

    "Telmex has businesses in 19 countries throughout Latin America. Following the introduction of the SmartLinX(NYSE:TM) U250 device in Mexico, our intent is to bring this product into each of those markets," Vazquez del Mercado, executive vice president for Corporate Development of Telmex stated in the press release. "Telmex currently sells hundreds of thousands of cordless telephones each year. We are confident that the easy to use U250 may eventually lead to replacing cordless phones among a large portion of our broadband and Wi-Fi network customers."

    For more information visit www.airtouchinc.com or www.telmex.com/mx

    Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html

    Stocks: ATCH
Back To MissionIR's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

More »
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.