NEWPORT BEACH, CA - January 17, 2012 (Investorideas.com Newswire) - AirTouch Communications, Inc. (OTCBB: ATCH) (www.airtouchinc.com), which designs and markets wireless telecommunications devices, today announced that the company has been profiled by Josh Levine in his MicroCap Investor newsletter. The article is available at http://www.levinesmicrocapinvestor.com/.
The company's strategy is to capitalize on the accelerating trend of wireless rather than landline service in the U.S. and the growing wireless network around the world, particularly in regions of the globe that are underserved by landlines, such as the developing BRIC countries, Brazil, Russia, India and China, plus Latin America and Africa.
Mr. Levine states that AirTouch will offer devices capable of converging traditional landline, cellular and internet services to provide a gateway terminal for homes and small businesses. AirTouch owns patents that cover a combination of cordless telephone technology and wireless signal amplification.
AirTouch, which designs and markets wireless communication solutions using the cellular network, has developed a cordless phone that amplifies the signal up to 10 times that of a mobile phone. The advantages of a cordless phone with multiple handsets are combined with the benefits of a cellular phone for the home and small business. In addition to voice and text messaging, the AirTouch device provides the user with Internet access.
The company launched its first CDMA multiple handset, dual mode (cellular/landline) phone in 2010 for home and office and it has been increasing awareness and deployment through the Verizon Wireless independent seller network. The company has a strategic partnership with Brightpoint, its third largest shareholder.
AirTouch has set forth an aggressive strategy which includes building relationships to supply its innovative products to China Mobile, Telmex and TelCel/American Movil, some of the largest global telecommunications carriers, Levine said. In line with this strategy, the company has established a joint venture in Shenzhen, AirTouch China, hired David Lee as Head of Sales in China, Carlos Isaza as Head of Sales in Latin America and Tom Quan as EVP Global Sales & Marketing. In addition, AirTouch will be leveraging the capabilities of Elephant Talk Communications. Under this initial agreement, ETAK will provide a full Mobile Virtual Network Enabling (MVNE) system for AirTouch to launch its services in the U.S. Levine said.
Levine said that within 18 to 24 months, AirTouch expects to be able to roll out wireless triple-play services. Meanwhile, he said, the company is configuring its technology to run on a major mobile operating system. With a new OS in place, AirTouch will have the capability to develop many software services and enable a broad range of applications to be developed by third parties, built around AirTouch devices.
About AirTouch® Communications
AirTouch® Communications, Inc. is engaged in the development and marketing of patented telecommunications devices capable of converging voice, data, video, security, entertainment and other advanced communications services from various service providers on one piece of hardware. We currently hold three patents for our unique combination of cordless telephone technology and wireless signal amplification which enables consumers and business to access voice, data, and other applications and services over the cellular wireless network. For further information about AirTouch Communications, please visit the web site: www.airtouchinc.com.
Forward-Looking Statement
This press release contains forward-looking statements. These statements relate to future events or our future financial performance, including but not limited to statements regarding the success of our relationships with Brightpoint, Verizon Wireless and Elephant Talk, the future distribution and sale of our telecommunications devices to the Chinese market, the demand for our telecommunications devices in the U.S., China and other developing countries, and our ability to obtain purchase orders from carriers including Verizon Wireless, Telmex, or China Mobile. These statements involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed, implied or inferred by these forward-looking statements including but not limited to the absence of any purchase orders, agreements or commitments at this time on the part of any carrier to purchase our telecommunications devices, the risk that our telecommunications devices may not be accepted by the U.S. market and markets in other developing countries and those other risks set forth in our registration statement on Form S-1 filed with the SEC on September 29, 2011. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "could," "would," "expects," "plans," "intends," "anticipates," "believes," "estimates," "predicts," "projects," "potential" or "continue" or the negative of such terms and other comparable terminology. These statements are only predictions based on our current expectations and projections about future events. You should not place undue reliance on these statements. Actual events or results may differ materially. We undertake no obligation to update any of the forward-looking statements after the date of this release to conform those statements to reflect the occurrence of unanticipated events or otherwise, except as required by applicable law.
CONTACT:
AirTouch(R) Communications, Inc.
Jerome Kaiser
CFO
(949) 825-6570
www.airtouchinc.com
Investor Relations:
Alliance Advisors, LLC
Thomas P. Walsh
212-398-3486
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