ACCELL Posts Record Revenues & Subscribers

ACCELL INC. a national prepaid cellular phone & network distributor announced today that it has reached record levels for revenues and subscribers. Annualized 2004 revenues now approximate $1.5 million compared with $284,889 in 2003. The subscriber base has grown 320%. Monthly subscriber revenues have increased to $31.05 from $24.75 per month.

Washington DC (PRWEB) August 3, 2004 -- James D. Rivette, Chairman and CEO of ACCELL stated, this remarkable increase comes from totally revamping our marketing program. When we acquired this company in 2003 it was promoting its products and services on a one to one retail basis. Since we moved to a new distribution channel program working with independent dealers and distributors, our sales and marketing efficiencies have skyrocketed." Rivette continued," In addition to the record revenues and subscriber growth we are extremely pleased to post our third consecutive EBITDA profitable month. Bob Trommer, Sr. VP-Business & Chief Marketing Officer deserves credit for these outstanding achievements".

ACCELL INC. is a nationwide provider of pre paid cellular/wireless products, services & networks. It sells primarily through a national network of dealers and distributors. Phone products include LG, Motorola, SANYO, Samsung, Ericsson and Kyocera. Network services are provided by Sprint, Verizon, Cingular and T Mobile. In addition to regular pre paid plans, ACCELL subscribers can join CLUB CONNECT which allows the member to have pre paid services automatically paid on a bi-monthly, semi annual or annual basis through a credit or atm card.

For Information Contact:
James D. Rivette
Tel: 703.780.3291
Fax:703.704.5132
jrivette@accellcellular.com
www.accellcellular.com

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