|
Q COMM DISTRIBUTOR LEVERAGING QXPRESS POSA UNITS TO EXPAND PRODUCT OFFERINGS AND BUSINESS
(Orem, UT) --December 23, 2002 -- Q Comm International, Inc. (OTC BB: QCCM), a business services company focusing in the electronic distribution of prepaid wireless and other prepaid services, announced today that Azfar, Inc.,formerly known as Financial Services Authority (FSA), one of Q Comms point-of-sale activation (POSA) distributors, continues to successfully replace prepaid scratch cards with Qxpress POSA terminals.
(PRWEB) December 25, 2002 --December 23, 2002 -- Q Comm International, Inc. (OTC BB: QCCM), a business services company focusing in the electronic distribution of prepaid wireless and other prepaid services, announced today that Azfar, Inc.,formerly known as Financial Services Authority (FSA), one of Q Comms point-of-sale activation (POSA) distributors, continues to successfully replace prepaid scratch cards with Qxpress POSA terminals.
Aziz Valli, president of Azfar, Inc., says, Qxpress 200 is the most valuable product per square inch in our retail locations. It has a small footprint and allows our merchants to sell multiple, high-value products. For example, we already sell 23 different prepaid long distance products through Qxpress and were about to add another long distance product that will help us increase sales volumes in our locations even more. The flexibility that Qxpress offers in selling multiple prepaid long distance, wireless and financial services is a significant financial benefit to us and our distributors and merchants.
Qxpress POSA is also helping us to expand as a company. Because of the flexibility to have 23 different long distance products and still add more, weve been able to sign up a major distributor of the new long distance service. They will bring more than 500 new retail locations into our distribution network. Were also planning to open additional offices in California, Idaho, Oklahoma, Arkansas, Tennessee, Virginia, Georgia, and Florida. Qxpress allows us to efficiently manage inventory and product delivery throughout the nation.
We are very focused on providing our merchants with high-quality service," continues Valli. The Qxpress terminal offers our merchants ease and convenience and a transaction that takes less than 20 seconds. They also get complete security with individual ID and password protection. We look forward to continually adding new, profitable prepaid services while offering our distributors and merchants premier support."
We are proud of the progress made by Azfar," said Stephen C. Flaherty, president of Q Comm International, Inc. They have successfully deployed our Qxpress 200 POSA terminals in several of their retail locations and are using it to springboard into new niche services. They are particularly successful in marketing and electronically delivering new prepaid financial services, such as prepaid MasterCard. We also look forward to some merchant banking applications that they plan to add to Qxpress 200. Azfar continues to grow from period to period due to their commitment to create innovative, flexible prepaid services that meet customer needs and because they take care of their merchants in a professional manner."
ABOUT AZFAR, INC.:
Azfar Inc. is headquartered in Carrollton, Texas, a suburb of Dallas. The Company started as a nationwide, full-service provider of multiple ATM programs and solutions including top-of-the-line equipment from leading manufacturers, as well as transaction processing services, installation, training, customer service and maintenance. Azfar is a proud member of the ATMIA (ATM Industry Association) and maintains distributor offices throughout the United States. It currently services more than 3,000 retail locations primarily made up of convenience stores, gas stations, wireless stores, and dollar stores. The Company now also sells prepaid telecom and financial services. It has recently started switching its merchants from prepaid scratch (hard) cards to efficient electronic distribution using point-of-sale activation (POSA) terminals.
ABOUT Q COMM INTERNATIONAL:
Established in 1992, Q Comm International, Inc. is a public (OTC BB: QCCM), international business services company based in the United States. The Company produces innovative prepaid transaction processing and information management systems. Its objective is to offer cost-effective, flexible solutions that facilitate electronic distribution of prepaid services from suppliers or distributors to retail points of sale. Q Comm solutions are scalable which enable it and its partner carriers, distributors and retailers to quickly grow sales at relatively little additional overhead, increasing profitability among all parties. Q Comms products also reduce or eliminate inventory costs, out-of-stocks, and theft, while providing premier reporting and inventory management for all parties in the distribution chain of prepaid services. For its industry innovation and leadership, Q Comm has been selected as one of the Top 10 Companies to Watch" by Intele-Card News, the leading prepaid telecom publication in the United States.
This press release contains forward-looking statements. The words estimate", possible" and seeking" and similar expressions identify forward-looking statements, which speak only as to the date the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted, or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the effect of government regulation, competition and other material risks.
Contacts:
Jeff Salzwedel
Salzwedel Financial Communications
+1 (503) 638-7777
Paul Hickey
Q Comm International, Inc.
+1 (801) 226-4222, ext. 3302
|