HUNTINGDON VALLEY, Pa., Jan. 26, 2006 (PRIMEZONE) -- The Wireless Xcessories Group, Inc. (AMEX:XWG), a nationwide manufacturer and distributor of electronic and cellular accessories, announced today that it has entered into an inventory and logistics management agreement today with ANYCOM Technologies GMBH, a leading German manufacturer of Bluetooth wireless phone and computer accessories. Under the agreement, the Company will manage the inventory, shipping, and invoicing of ANYCOM's existing United States customer base, including Amazon.com Inc., Buy.com, Ingram Micro Inc., CDW, NewEgg, and E-Cost, among others.
ANYCOM estimates that Wireless Xcessories will ship on its behalf in 2006 a minimum of $2.5 million of accessories, including Bluetooth headsets, keyboards, computer mice, USB adaptors, GPS receivers, and car kits.
"As one of the largest distributors of wireless accessories in the country, we have developed an extensive infrastructure to ensure that we can meet the demanding requirements of our customers in fulfilling their orders," said Steve Rade, Wireless Xcessories' Chief Executive Officer. "We have been selling ANYCOM Bluetooth products for almost a year, and our relationship has developed to the point where ANYCOM decided to entrust us with the logistics of handling their current U.S. customer base, which will allow them to concentrate on expanding their sales to mass retailers and airtime carriers. They have a sales force of independent manufacturers representatives and we expect to support any sales expansion their efforts achieve. In addition, shipping and invoicing ANYCOM's customers directly will help us develop a relationship to broaden the sales of our full line of wireless accessories to these customers."
About ANYCOM
ANYCOM Technologies GmbH (Germany) is the only company worldwide that focuses exclusively in Bluetooth products. ANYCOM offers the world's largest Bluetooth products range.
ANYCOM was started in 2003 as an MBO backed by substantial venture capital. The team and management created the brand ANYCOM already in 1999 and are pioneers in the Bluetooth industry. Over the years ANYCOM has repeatedly introduced first to the market Bluetooth innovations, like recently the Stereo Headphone, USB adapters with Enhanced Data Rate or a speaker system.
ANYCOM has offices in Germany and the U.S. and the products are available worldwide thru distribution and with major retailers and e-tailers. For latest information see www.anycom.com .
About Wireless Xcessories Group
Wireless Xcessories Group, Inc. designs and distributes a range of accessories for cellular phones throughout the United States and Canada. The Company offers in excess of 4,000 items that include rechargeable batteries, personal and vehicle hands free kits, portable and vehicle antennas, in-car and travel chargers, and plain and colored carrying cases. The Company sells to dealers and distributors through an in-house sales force and directly from its website, http://www.wirexgroup.com. Wireless Xcessories also creates private labeled websites, Industrial Cellular Strength.com, for its dealers and produces 2 product line catalogs that are circulated nationally and internationally.
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Copies of these filings may be obtained by contacting the company or the SEC. This press release and statements are current as of the date of the individual announcements and the company undertakes no obligation to publicly release any revisions to any forward-looking statement to reflect events or circumstances after the date thereof or to reflect the occurrence of unanticipated events