DEERFIELD BEACH, Fla., Jan. 10, 2006 (PRIMEZONE) -- TelePlus Enterprises, Inc. (OTCBB:TLPE) (Frankfurt:YT3) (www.teleplus.ca) is StockMarketNewsAlert.com Stock To Watch today. According to M. D'Alonzo at First Equity Group, Inc., "The company announced that TelePlus Signed an Agreement to Receive up to 1.2M Customer Leads per Year for Its Wireless Service. This Lead Generation Agreement (the "Agreement") with the InPhonic Group ("InPhonic") complements the Company's acquisition of certain assets of Liberty Wireless, announced last week. The Agreement states that InPhonic will refer to TelePlus, customers or potential customers not having qualified under the carriers' credit requirements. Once refused by the major carriers, these customers have no alternative but to turn towards prepaid services such as the ones offered by TelePlus. Under the terms of the Agreement, InPhonic has agreed to refer a minimum of 100,000 leads per month (1.2M leads a year) to TelePlus. In combination with the newly acquired customer base from Liberty Wireless, the monthly customer referrals from the Agreement will expand the existing customer base of TelePlus Wireless in a dramatic fashion. Liberty is currently the 3rd largest Sprint wireless reseller ("MVNO") on the CDMA network after Virgin Mobile and Qwest and is in the top 10 prepaid wireless providers in the US."
Assuming a conversion rate of 10% of leads into active customers, and assuming the new subscribers generate the same Average Revenue Per User (ARPU) of $40 per month as the Company's current customers, the customer base of TelePlus would be increased by 120,000 new subscribers per year and the revenues of the Company would be increased by $57.6M on an annualized basis. The leads that are generated under the agreement, typically credit-challenged customers, form the largest part of the lucrative prepaid segment of the wireless market. The prepaid segment is presently estimated at $7 billion and, as the fastest growing segment in the wireless and telecom industry, is predicted by industry analysts to reach $32 billion by 2008.
"The Lead Generation Agreement is like icing on the cake for TelePlus Wireless, as it ensures that the nationwide customer base that we acquired as part of the Liberty transaction will continue to grow at a breath-taking pace," stated Marius Silvasan, CEO and Chairman of TelePlus. "Even as a stand-alone initiative, we could see the benefits of this Agreement translate into increases of revenue of $57.6M, or even higher, per annum based on our ability to convert these leads into active customers, and this without taking into account the effects of organic growth. Of course, TelePlus also intends to aggressively implement a number of strategic marketing initiatives to accelerate the growth process and to capitalize on the momentum that we have gained as a result of the Liberty acquisition," added Silvasan.
For the full profile, the reader's attention should be drawn to our initiating report, which is available on www.StockMarketNewsAlert.com. More information is available on www.stockmarketnewsalert.com.
This press release is available on the TelePlus' Investor Relation's site for investor questions, commentary and feedback. Investors are asked to visit www.agoracom.com and select the TelePlus Investor Relations HUB. Alternatively, investors can e-mail their questions or comments directly to TLPE@agoracom.com or ask to be placed on the TelePlus investor e-mail list to receive all future press releases directly.
About TelePlus (OTCBB:TLPE) http://www.TelePlus.ca
TelePlus Enterprises, Inc. ("TelePlus") is a provider of Wireless and Telecom products and services across North America. TelePlus Connect, Corp. -- is a reseller of a variety of Telecom services including landline, long distance and internet services. TelePlus Wireless, Corp. -- operates a virtual wireless network selling cellular network access to distributors in the United States. TelePlus Retail Services, Inc. -- owns and operates a national chain of TelePlus branded stores in major shopping malls, selling a comprehensive line of wireless and portable communication devices.
The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties, including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development and acquisition of new product lines and services, government approval processes, the impact of competitive products or pricing from technological changes, the effect of economic conditions and other uncertainties, and the risk factors set forth from time to time in the Company's SEC reports, including but not limited to its annual report on Form 10-KSB; its quarterly reports on Forms 10-QSB; and any reports on Form 8-K. TelePlus Enterprises, Inc. takes no obligation to update or correct forward-looking statements.
About StockMarketNewsAlert.com
StockMarketNewsAlert.com was developed solely for experienced, risk-tolerant investors. Subscribers to StockMarketNewsAlert.com receive daily market commentary reports for select companies trading on various markets. Sophisticated investors are also able to receive for free, select, rare research reports and investor kits on up and coming emerging companies while they are still not widely known.
StockMarketNewsAlert.com's (SMNA) primary focus is promoting awareness among brokers, investors, and others in the investment community who are interested in small- and micro-cap companies. StockMarketNewsAlert.com is dedicated to helping publicly traded companies gain the exposure they need to move forward with the development of their business plans. SMNA's goal is to feature equity investments in micro- or small-capitalization companies that have the potential for long-term appreciation. SMNA provides investors with a complete suite of online interactive financial data and tools that includes quotes, charts, company profiles, news, market commentary and SEC filings, just to name a few. Stockmarketnewsalert.com offers a free financial newsletter. To subscribe or get more information, visit our home page located at www.stockmarketnewsalert.com.
Let Stock Market News Alert help advertise for your company using our effective awareness campaigns. If you're interested in telling your story, we can help. Contact us at info@stockmarketnewsalert.com. SMNA's e-mail alert service is free to those investors who sign up on the SMNA home page. The alert service is designed to notify investors of undervalued and often overlooked stocks. Subscribers are introduced to Special Situation companies that have the potential of showing increased activity. To subscribe to this free service, visit the Stock Market News Alert home page at www.stockmarketnewsalert.com and select the "sign up" button.
Information contained herein is the opinion of stockmarketnewsalert.com and is intended to be used strictly for informational purposes. You should be aware that SMNA attempts to assure itself of the accuracy of the information contained in the analyses it publishes. In this regard, SMNA does, at times, rely on the accuracy of information supplied to it by the companies which are the subject of SMNA's analyses and/or parties related to those companies. SMNA also relies on the accuracy and integrity of information that is contained in company press releases and reports filed with the SEC. The companies mentioned in this publication have not approved the content or timing of the information being published unless otherwise noted.
SMNA, because it relies on information supplied by various third parties, disclaims any responsibility for the accuracy of such information. Any investor considering making an investment in any security which has been the subject of a SMNA analysis or opinion should, before making any such investment, consult with his/her market professional and/or do his/her own independent research regarding the company which is the subject of an SMNA opinion, recommendation or analysis.
Information regarding companies which SMNA has an opinion upon is normally available from many sources including the subject company's filings with the SEC and various press releases issued by the company.
All material herein is information supplied by the company or other sources believed to be reliable. The information contained herein is not guaranteed by First Equity Group, Inc. to be accurate, and should not be considered to be all-inclusive. The companies that are discussed in this profile have approved the statements made in this profile. This profile contains forward-looking statements that involve risks and uncertainties. Statements in this press release about the company's future expectations other than historical facts, are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, section 21E of the Securities Act of 1934, as that term is defined in the Private Securities Litigation Reform Act of 1995. It is important to note that actual results and ultimate corporate actions could differ materially from those in such forward-looking statements. Such "forward-looking statements" are subject to risks and uncertainties set forth from time to time in the company's SEC reports that could cause results to differ materially from those expressed or implied include, but are not limited to, the results of future tests and the availability of funding for additional research and development. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. First Equity Group is not a licensed broker, broker dealer, market maker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on www.stockmarketnewsalert.com. First Equity Group has received compensation of twelve thousand dollars and an additional twelve thousand dollars in the near future. First Equity Group's affiliates, officers, directors, and employees may also have bought or may buy the shares discussed in this profile and may profit in the event those shares rise in value. First Equity Group does not and will not offer any opinion as to when others should sell; each investor must make that decision based on his or her judgment of the market.