PhoneCo Wireless Selects CellStar for Comprehensive Supply Chain Management Support
2005年4月13日 - 7:15AM
PRニュース・ワイアー (英語)
PhoneCo Wireless Selects CellStar for Comprehensive Supply Chain
Management Support CellStar's Omnigistics(SM) Helps New MVNO
Facilitate Direct-to-Consumer Sales and Assists With Product
Support CARROLLTON, Texas, April 12 /PRNewswire-FirstCall/ --
CellStar (NASDAQ:CLSTE), a value-added wireless logistics services
leader, today announced it has signed an agreement with local and
long-distance telecom company PhoneCo, to provide logistical
support for the company's new MVNO (mobile virtual network
operator), PhoneCo Wireless, a pre-paid wireless company.
CellStar's Omnigistics(SM) will provide turnkey forward and reverse
logistics, seamlessly integrating into PhoneCo's business model
offering transparent supply chain management services. On the
forward side, CellStar will program, kit and package PhoneCo phones
into retail-ready units. On the reverse side, CellStar will offer
its expertise in returns management and asset recovery, helping
PhoneCo manage the cumbersome, complex returns, repair and warranty
work. "From competitively priced handsets to comprehensive
logistics solutions, CellStar was able to meet all of our needs,"
said Ken Weaver, chairman of PhoneCo. "Without CellStar's
all-in-one Omnigistics solution, we would have been forced to
manage multiple vendors. CellStar erased the confusion and
simplified our supply chain. Now we can focus on doing what we do
best, offering the very best in pre-paid packages that are superior
to those offered by our competitors." "Based on PhoneCo's
tremendous success as a diversified telecommunications provider to
the pre-paid market, we expect them to be even more successful in
the wireless arena," said Laurie Stixrood, vice president, new
business development for CellStar. "And because we offer such
scalable logistics services, we look forward to growing our
relationship as their business expands." PhoneCo Wireless service
will be available in the second quarter 2005 by calling its
toll-free number, 1-800-4-A-PHONE. PhoneCo is an established
communications provider, offering phone service, two-way paging and
Internet access to value-conscious consumers. About Omnigistics
Omnigistics, a turnkey reverse and forward logistics solution,
provides enhanced logistic services and programs designed to meet
the most complex wireless business demands. Omnigistics offers
valuable asset tracking and management processes, from advanced
exchange and direct-to-consumer programs to bulk fulfillment and
retail-ready solutions that include kitting, packaging and
programming. A single, integrated system that manages the entire
reverse logistics process, Omnigistics also boasts simplified
returns management and asset recovery, giving clients the most
value for their returned assets. With centralized returns and an
on-site repair center, CellStar handles refurbishment and repair,
and redistributes wireless assets -- eliminating the need to juggle
multiple third-party vendors. Detailed daily reporting, financial
analysis, inventory management and information management are all
bundled into one integrated offering that centralizes and
consolidates logistics management under one primary provider. About
CellStar Corporation CellStar Corporation is a leading global
provider of value-added logistics services to the wireless
communications industry, with operations primarily in the
Asia-Pacific, North American and Latin American regions. CellStar
facilitates the effective and efficient distribution of handsets,
related accessories and other wireless products from leading
manufacturers to network operators, agents, resellers, dealers and
retailers. CellStar also provides activation services in some of
its markets that generate new subscribers for wireless carriers.
For the year ended November 30, 2003, the Company generated
revenues of $1.8 billion. Additional information about CellStar may
be found on its Web site at http://www.cellstar.com/ . This news
release contains forward-looking statements, as defined in the
Private Securities Litigation Reform Act of 1995. A variety of risk
factors, including the Company's ability to implement its business
strategies, to maintain its channels of distribution, continue to
secure an adequate supply of competitive products on a timely basis
and on commercially reasonable terms, improve its operating
margins, secure adequate financial resources, maintain an adequate
system of internal control, comply with debt covenants, and
continually turn its inventories and accounts receivable, as well
as changes in foreign laws, regulations and tariffs, new
technologies, system implementation difficulties, competition,
handset shortages or overages, terrorist acts, a decline in
consumer confidence and continued economic weakness in the U.S. and
other countries in which the Company does business and other risk
factors, are discussed in the Company's Annual Report on Form 10-K
and most recent Quarterly Report on Form 10-Q. Any one, or a
combination of these risk factors could cause CellStar's actual
results to vary materially from anticipated results or other
expectations expressed in the Company's forward-looking statements.
DATASOURCE: CellStar Corporation CONTACT: Alicia Thomas,
+1-972-462-2730, or , or Sherrian Gunn, +1-972-466-5031, or , both
of CellStar Corporation Web site: http://www.cellstar.com/
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