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U.S. Starcom's Bell Latino Division Opens Two Outlets in Florida
Beginning of National Expansion
PERTH AMBOY, N.J., March 29 /PRNewswire-FirstCall/ -- U.S. Starcom
(Pink Sheets: USTA) announced today that its wholly owned subsidiary, Bell
Latino Multiservices, has concluded the purchase of one existing
multi-service location, while also beginning construction on a second
outlet in the Miami area. Both Miami locations are to begin contributing
revenues for the company in the 2nd quarter, along with three other outlets
scheduled to open in the Tri-State area (NY-NJ-CT), bringing the total Bell
Latino retail locations to nine.
"We are very excited about this transaction!" said Mike Burns,
President of U.S. Starcom's Bell Latino Multi-services Division. "We think
our model has enormous potential for a few hundred locations nationwide,
augmented by even more additional locations by franchising opportunities.
We are on track to have a dozen Bell Latino storefronts operational over
the next 6 months and expect at least twice that number next year. These
outlets will utilize our telecom services and international remittance,
while also selling U.S. Starcom products, such as content, music and a
variety of pre-paid products and services. Additional offerings such as tax
preparation, internet service and mortgages provide synergies for
dramatically improving overall profitability."
In addition, Bell Latino is under negotiations to solidify cross border
relationships with large Mexican-based retailers, which would allow
U.S.-based Bell Latino customers to buy, spend and send store value
purchased in the United States to be used in Mexico. For example, customers
working or living in the U.S. could purchase construction supplies,
furniture, appliances and other materials locally at a Bell Latino location
in the U.S. and have them delivered by a Bell Latino Mexican retail partner
to a locale in Mexico. Recently, Bell Latino executives traveled to Mexico
and met with local politicians to further these negotiations.
About U.S. Starcom:
The company is a leader in providing value added services to enhance
communications and entertainment. With a sales distribution network
extending to thousands of urban locations, U.S. Starcom continues its rapid
expansion into the distribution of alternative communication products and
services, including music, international long distance, prepaid services,
wireless dial around applications, stored value services, money debit
cards, and internet service enhancements. U.S. Starcom provides access to
the latest entertainment offerings from the recording industry through
strategic alliances and joint distribution campaigns. The company provides
product development, distribution, and system installation through its two
independent subsidiaries, Sky Distribution and U.S. Starcom Technologies,
formerly known as Infinite Technology, Inc.
Safe Harbor Statement:
This release contains statements that constitute forward-looking
statements within the meaning of Section 27A of the Securities Act of 1933,
as amended, and Section 21E the Securities Exchange Act of 1934, as
amended. These statements appear in a number of places in this release and
include all statements that are not statements of historical fact regarding
the intent, belief or current expectations of the Company, its directors or
its officers. Investors are cautioned that any such forward-looking
statements are not guarantees of future performance and involve risks and
uncertainties, many of which are beyond the Company's ability to control,
and that actual results may differ materially from those projected in the
forward-looking statements as a result of various factors.
Contact: U.S. Starcom, Inc.
Jack Lennon
(508) 362-4420
www.usstarcom.com
SOURCE U.S. Starcom, Inc.













