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Teletouch Communications, Inc. (TLLE) Continues To Line Up Distribution Contracts

|Includes: Teletouch Communications Inc. (TLLE)

When Teletouch Communications, a growing cellular and consumer electronics distributor, recently announced that it had entered into a comprehensive distribution agreement with Unimax Communications, a subsidiary of Unimax Communications Corporation, a Hong Kong based telecom electronics manufacturer, to sell and distribute their mobile handsets, it was another reflection of Teletouch plans for fiscal 2013 and following years. The company has been transitioning into becoming a nationwide electronics distributor, a major part of which has involved the development of new distribution agreements with a wide range of communications and electronics manufacturers.

Specifically stated goals for the year, ending May 31, 2013, some of which have already been accomplished, include:

• Replace all debt facilities with new, lower cost line

• Sale of non-core corporate assets where opportunistic

• Continue investigating potential acquisition opportunities

• Maintain earnings momentum

• Continue transition to core wholesale distribution business, including execution of additional new direct OEM handset distribution relationships (recently accomplished listed below)

o Alcatel One Touch - Branded Cellular Handsets

o Monster Digital - SD & Micro SD Cards

o Boston Amplifier - Wireless Signal Boosters

o Aerovoice/Concept 101 - AT&T Branded Consumer Electronics

o PureGear - Wireless Accessories

o Parrot - Bluetooth Accessories

o Wilson Electronics - Cellular Signal Boosters

o Cellphone-Mate - Cellular Signal Boosters

Unimax is one of the fastest growing handset manufacturers in China. They specialize in low cost, high quality Android, CDMA, and WCDMA handsets, including the new, ruggedized and waterproof MAXCombat and MAXArmadillo line of phones. These Android phones, built to military specifications, are fully certified for the U.S market, set for delivery in the fall of 2012. Teletouch has been named as a distributor for North America, with a focus on rural carrier operators and providers.

For more information on Teletouch Communications, visit Teletouch.com

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