Telecommunication Products Announces Expanded Marketing and
Distribution Agreement With Powerlinx!
ATLANTA, GA -- (MARKET WIRE) -- 06/21/04 -- Market Pulse News Alert
for this afternoon, Stocks to Watch are: Telecommunication Products,
Inc. (OTC BB: TCPD), Microsoft Corp. (NASDAQ: MSFT), 21st Century
Technologies Inc. (OTC BB: TFCT), and Blackboard Inc. (NASDAQ: BBBB).
Investors need to be watching Telecommunication Products, Inc. (OTC
BB: TCPD) ("Telpro") this PM! Telpro is a provider of high-end
digital satellite television, high-speed Wireless Internet services to
the hospitality and multi-dwelling unit (MDU) marketplace. With a
current installed base of 8,000 hotel rooms and key strategic
agreements including one with Echostar's DISH network and another
with NIC to deliver wi-fi solutions, Telpro is well-positioned to
grow its top-line and increase its market penetration. Telpro just
had great news out before today's opening bell! This could be
excellent news for investors!
Telecommunication Products, Inc. (OTC BB: TCPD), a provider of Pay
per View and Digital Services, announced today that it has expanded
the recently announced distribution agreement in conjunction with
strategic partner B2 Networks (LLC) and PowerLinx, Inc. PowerLinx has
already received contracts to begin operating Hotellinktv.com in over
4,000 hotel rooms and additionally will immediately begin marketing
the B2 Digital TV Video on Demand system and the B2WAP wireless Point
to Point service to hotels and Multiple Dwelling units worldwide.
PowerLinx Inc. has agreed to commit their efforts to market and
distribute the B2 Digital Services through their distribution channel
to an expanding customer base expected to grow to 7,500 hotels over
the next 5 years. Michael Ambler, President of PowerLinx stated, "We
have looked at a lot of in room services for the Hospitality, Hotel
and Multiple Dwelling Unit (MDU) industries and we are excited about
marketing and bringing these true end to end digital services to our
customers and clients, which will substantially expand our business
with Telpro."
This expanded distribution contract solidifies Telpro's strategic
position to deliver products to the growing broadband systems segment
of the Hospitality, Hotel and multiple dwelling unit marketplaces.
Telpro, through its relationship with B2 Networks and other holdings,
has acquired the Media & Content Distribution Rights, the technology
to physically distribute and bill for the media directly to a
consumer or hotel guest and have defined the product offering into
three simple components for the customers in the Hospitality
industry. This strategic offering, coupled with the commitment of the
PowerLinx sales and marketing distribution channel which includes
Choice Hotels International, is projected to substantially expand the
Telpro customer base to 5,000 hotels and dwellings by 2009.
Pursuant to the agreement, Telpro and B2 Networks will be supplying
Point to Point Wireless Local Loop internet connectivity thorough the
B2WAP (B2 Wireless Access Point) technology which will connect the
Hotel and MDU Properties to the in room Hotellinktv.com system for
lap top and computer users and the B2 Digital TV set top box and
handheld remote control for the televisions. These products will
supply the PowerLinx sales teams the digital offerings that the
properties are demanding for their guests and customers. The B2
Digital Services offerings include a large variety of in room Digital
Services from making airline reservations, ordering pizza,
transportation services along with delivery of Hollywood movies,
Sports & Live Events, and distinct genres of Pay Per View content.
Robert Russell, CEO of Telpro, stated, "Our alliance with B2 Networks
continues to expand. This increased distribution agreement will
significantly increase our existing customer base while capitalizing
on the B2 Networks technology and distribution rights to elevate our
revenue streams from digital content distribution. This deal has very
positive implications for revenue growth."