Televator Corporation -- San Diego Company Announces Marketing and Distribution Agreement With Michael C. Fagan & Associates of San Jose


SAN DIEGO, June 3, 2004 (PRIMEZONE) -- San Diego-based Televator Corporation and Michael C. Fagan & Associates announces a new marketing and distribution agreement for the sale and delivery of Televator Corporation's patented Interactive Elevator Communication System to commercial properties. They will distribute the Elevator PortalTM display hardware to elevator companies for resale to commercial customers in the San Francisco area.

Michael Fagan & Associates offers customized solutions to commercial customers. "This will enable us to provide the most attractive value proposition to our client base," said Michael Fagan. "It allows us to provide the highest level of on-site and product installation services. We now have a new market opportunity to meet the custom needs of our customers by incorporating Televator's technology and information delivery system into modernizations and equipment upgrades, as well as for standalone projects. Televator's platform opens several options to commercial customers."

Michael Fagan & Associates, Elevator -- Escalator Consultants & Televator Corporation, entered into a regional license and distribution agreement to serve the Northern California area d.b.a. Televator SF. Terms of the agreement were not disclosed.

Televator SF's management team will include Jill Sweeney, Operations Management, Business Development and Advertising sales; Victor Latronica, Project Field Engineering, Business Development and Maritime Systems; Nik Spitz, Creative Advertising Content, Design and CAD; Michael Fagan, Hardware Sales, Field Engineering, and Contractor Support Services.

"This is an exciting and rapidly expanding new opportunity in the elevator and media industries. We will be instrumental in providing the San Francisco area with a new way to enjoy the benefits of this dynamic information delivery system," said Michael Fagan. "The Televator SF group is looking forward to developing the San Francisco and surrounding urban markets."

"We have been looking forward to establishing a presence beyond the San Diego market," said Peter Fayette, Televator's Chairman and CEO. "Mike and his team will provide Televator with the expertise and excellence, demanded by building owners and the elevator industry. We expect this association will advance our regional expansion," said Fayette.

For more information regarding Michael C. Fagan & Associates contact Jill Ann Sweeney at 408-230-5040, or e-mail at consultingjill@aol.com.

For inquiries regarding distributorships in the U.S., or for more information about Televator Corporation go to http://www.televator.net, or call 619-231-7541

This press release can also be viewed at http://www.pressreleasenetwork.com/newsroom



            

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