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Q COMM PLACES ORDER FOR 1,000 QXPRESS 200 POSA UNITS
(Orem, UT) -- March 6, 2003 -- Q Comm International, Inc. (OTC BB: QCCM), a business services company focusing in the electronic distribution of prepaid wireless airtime and other prepaid services, announced today that it has placed an order with its manufacturer to produce 1,000 additional Qxpress 200 POSA (point-of-sale activation) terminals.
(PRWEB) March 8, 2003 -- March 6, 2003 -- Q Comm International, Inc. (OTC BB: QCCM), a business services company focusing in the electronic distribution of prepaid wireless airtime and other prepaid services, announced today that it has placed an order with its manufacturer to produce 1,000 additional Qxpress 200 POSA (point-of-sale activation) terminals.
Q Comm expects to start taking delivery of the units by the end of March 2003 and to deploy all of them during second quarter 2003.
We are excited," said Stephen C. Flaherty, president of Q Comm International. We expect this order to show a positive impact beginning in the second quarter. This represents the first significant order of several that we anticipate placing in 2003.
Market demand is robust for this technology," continues Flaherty. The capabilities weve built into our Qxpress terminal continues to exceed market expectations. The terminals many capabilities and features, combined with our ongoing commitment to innovation are a few key reasons that Qxpress is so well received."
ABOUT Q COMM INTERNATIONAL:
Established in 1992, Q Comm International, Inc. is a public (OTC BB: QCCM), international business services company. The Company provides a proprietary, cost-effective, flexible prepaid transaction processing and information management system. 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
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