PERTH AMBOY, N.J., Dec. 15, 2005 (PRIMEZONE) -- U.S. Starcom, Inc. (Pink Sheets:USTA), a leading provider of valued added prepaid services and solutions to the urban market, has received a Letter of Intent from the Plaza Mariana Foundation, Mexico S.A. for a multi-year rollout of a product line designed specifically for the Catholic Church of Mexico.
"This project has far reaching implications for U.S. Starcom," said John DiDomenico, president of U.S. Starcom. "The Plaza Mariana Foundation has been granted the exclusive right to market telephonic and telephone related products with the official sanction of the Catholic Church of Mexico. U.S. Starcom has been retained to design and distribute these projects, with a percentage of the profits paid to the Catholic Church of Mexico for the restoration, endowment and expansion of the Shrine of Our Lady of Guadalupe in Mexico City. This Shrine, which contains a complex of buildings, is one of the most venerated and visited of all religious shrines in the world. The Church has embarked on a program to raise $100 million for its renovation and the participation of U.S. Starcom will be a key financial contributor to their efforts," said Mr. DiDomenico.
"The U.S. Starcom products will include pre paid calling cards, blessing and intention cards and recorded audio programs and services and music selections. For example, anyone in the world will have the opportunity to have intentions submitted or votive candles lit on their behalf at the Basilica within the Shrine on a daily basis. Upwards of 2 million visitors go to the Shrine each month, and during the Feast day of the Virgin de Guadalupe more than 100,000 people per hour pass thru the Shrine. The U.S. Starcom products will allow anyone from anywhere to contribute both spiritually and financially to the restoration of the Shrine," said Mr. DiDomenico. "The pre-paid phone cards and prayer cards that we provide will all have multiple prayer options and will be the only cards officially sanctioned by the Church with the images of Our Lady of Guadalupe. This project has the potential to generate tens of millions in annual revenue, which would not only transform U.S. Starcom, but open fundraising opportunities with U.S. based religious organizations."
About U.S. Starcom
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.
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