WINTER PARK, Fla., Nov. 7, 2007 (PRIME NEWSWIRE) -- TMT Capital Corporation (OTCBB:TMTP) and its subsidiary, Freedom Wireless Corporation ("Freedom Wireless"), a provider of cellular and wireless solutions, today announced that Freedom Wireless has signed a sales and marketing agreement with Toto Communications, Inc. ("Toto"), that allows Toto to market and sell Freedom Wireless products and services, which include Zebra(tm) Cell-to-Net technology and Freedom Wireless Cellular, Voice, Data and Messaging services to non-profit and military personnel consumer markets.
"We are excited to enter into this agreement with Freedom Wireless to bring much needed products and services to our affiliates and business partners. Freedom Wireless has an excellent network, an array of useful products, easy to use customer management interface and an executive management team that understands that quality and service are what breed loyalty and customer retention," commented Jim Cannon, President of Toto.
"This agreement with Toto allows us access to many non-profit and military users, though a company that specializes in marketing to these groups and allows for member sponsored revenues to flow back into the respective organizations, thereby increasing their capabilities to serve their members," said Chris van der Merwe, CEO of Freedom Wireless.
Under the terms of this agreement, Toto will sell, at best efforts, a minimum of 100,000 new subscribers to Freedom Wireless services over the next two years and 120,000 new subscribers in year 3 into their network of 16 million members of various non-profit, advocacy and charitable organizations, as well as personnel and their families at domestic and International U.S. Military bases. Freedom Wireless will provide Zebra(tm) "Cellular calling on the Net," Cellular and WiFi network calling, Wireless data services and domestic and International SMS messaging services to organizations affiliated with Toto. International long distance and 611 services will be provided by Freedom's carrier network and customer service center.
About TMT Capital Corporation
TMT Capital Corporation operates as a holding company with business units in various growth industries. Currently, TMT and its subsidiaries are involved in multiple focused business activities including Wireless Communications, Beer Brewing and Real Estate. Our mission is to grow shareholder equity by acquiring companies with unique business models and capitalizing on current trends in multi-billion dollar industries. The Company can be reached at info@tmtcapitalcorp.com or contact public relations at 407-622-5999.
About Freedom Wireless Corporation
Freedom Wireless Corporation is a majority owned subsidiary of TMT Capital Corporation. Freedom produces and promotes multi-network hardware and services focused on wireless and voice over internet protocol (VOIP) products, including GSM / CDMA -- VoIP -- WIFI -- POTS technology. Freedom's patent pending technology has developed a new service which allows users to bridge their current cell phones, Wi-Fi phones, POTS phones and calling cards directly to the Internet for domestic and international long distance calling.
Forward-Looking Statements: This release may contain forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: our ability to continue as a going concern, adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of wireless networks or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law. Additional information about the Company can be found in our periodic filings with the Securities and Exchange Commission available at http://www.sec.gov.