NASHVILLE, Tenn, Nov. 30, 2004 (PRIMEZONE) -- Satellite Phone Source, Inc. (Pink Sheets:SPHI) today announced it has opened offices in Canada. The main office is located in the greater Vancouver area at 5761 Glover Road, Suite 3B, Langley, British Columbia.
"We are very excited about now becoming an international company with our new British Columbia, Canada presence. Our products and services are very competitively priced for the Canadian market and this move should prove to increase our earnings dramatically over the next few years," stated Stan Wilson, President/CEO.
Mr. Wilson further stated, "I have great confidence in to making Satellite Phone Source, Inc. a household word in the Canadian satellite telephone business. Our close proximity to Vancouver and its vast business climate affords us a tremendous opportunity."
About Satellite Phone Source, Inc.
Satellite Phone Source, Inc. is a leading nationwide provider of satellite telecommunications equipment to the high-growth rental market. The company offers satellite phones, satellite video phones, satellite modems, and a wide range of related accessories from vendors such as Thuraya, Iridium, Inmarsat, GlobalStar, MSAT, and others. SPS is an approved active supplier to Northrop Grumman, Cornell University, the NYC American Red Cross, the US Postmaster General, US Department of the Navy and the Pentagon Federal Credit Union. For more information on the Satellite Phone Source, Inc. business, visit their web sites at http://www.satellitephonesource.com/ and http://www.satellitephonerental.com/. The company is also currently featured on: http://www.stockemporium.com.
This press release contains statements, which may constitute ``forward-looking statements'' within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Satellite Phone Source, Inc and members of their management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.