U.S. Starcom Launches the Sale of Prepaid Cell Phones Using the Cingular Network


PERTH AMBOY, N.J., Oct. 18, 2005 (PRIMEZONE) -- U.S. Starcom, Inc. (Pink Sheets:USTA), a leading provider of value-added prepaid services and solutions to the urban market, has begun selling pre-paid cell phones through its extensive urban distribution network in the U.S. and Mexico. These cell phones will operate over the Cingular network.

"This product introduction opens up a new market for U.S. Starcom," said Vincent Annunziata, VP of sales. "Prepaid cellular is the future and we plan to make this one of the keystones to our product line. These prepaid cell phones have been selling particularly well in the Gulf states, where it has repeatedly been the only way to keep in contact," said Mr. Annunziata.

With the introduction of this wireless phone, which has a starting price of $29, U.S. Starcom fulfills another milestone in its strategic plan of integrating music, money and minutes to the ethnic marketplace.

In addition to this new cell phone concept, U.S. Starcom now has five prepaid phone cards that are being distributed in the marketplace. "We anticipate having twice that number over the next few weeks," said Mr. Annunziata.

About U.S. Starcom

U.S. Starcom is a leader in providing value-added prepaid services and solutions to enhance communications and entertainment. With a sales distribution network extending to thousands of urban locations, and with no long-term debt, U.S. Starcom will continue its rapid expansion into the distribution of alternative communication products and services, including international long distance, prepaid phone cards, wireless dial around applications, stored value services and internet service enhancements. U.S. Starcom is committed to providing affordable access to the latest entertainment offerings from the recording industry through strategic alliances and joint distribution campaigns.

Safe Harbor Statement: This press release contains forward-looking statements that involve risks and uncertainties. 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 with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," "promise," "seeking to," "negotiating to" and similar expressions and variations thereof are intended to identify forward-looking statements. 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 Data