Orem, UT (PRWEB) October 15, 2005
Q Comm International, Inc. (Amex: QMM; QMM.WS), a provider of prepaid transaction processing and electronic point-of-sale (POS) distribution solutions, today announced that Q Comm has become the preferred prepaid distributor for Wireless Toyz, a chain of franchised cellular superstores that sells cellular phones, accessories and popular wireless-service plans. Q Comm’s Q Xpress 200TM POS terminal was active in 40 Wireless Toyz locations as of June 30, 2005 and will roll out to new locations as they open.
Joe Barbat, CEO and Founder of Wireless Toyz, states, “We are pleased to name Q Comm our Preferred Prepaid Distributor for our entire franchise network, particularly because Q Comm’s technology lets us customize the prepaid cards with the Wireless Toyz brand and the reporting features help us manage our franchisee sales at the corporate level. As a growing national retailer, these two features are very important to us.”
Michael Keough, President and Chief Executive Officer of Q Comm International, said “Our POS technology provides prepaid solutions that help merchants manage their business more effectively, generate incremental revenue and become more profitable. We look forward to bringing these benefits to Wireless Toyz as we focus on our strengths and further build out our national presence.”
About Q Comm International:
Established in 1992, Q Comm International provides proprietary prepaid transaction processing and information management systems that facilitate electronic recharge or distribution of prepaid products from service providers or their distributors to retail points of sale. Q Comm’s solutions replace traditional hard cards (also known as scratch cards or vouchers) that are costly to distribute. Q Comm’s solutions also provide more comprehensive reporting and inventory management, among other benefits. In concert with its proprietary data center platform, Q Comm’s point-of-sale terminal, Q Xpress 200™, is currently used by wireless telecommunication carriers, telecommunication distributors, and various retailers to sell a wide range of prepaid products and services, including prepaid wireless telecommunication service, prepaid phone cards, prepaid dial tone, and prepaid debit cards, such as prepaid MasterCard. Visit http://www.qcomm.com for more information.
This press release may contain forward-looking statements regarding future events and financial performance. These statements involve a number of risks and uncertainties and are based on numerous assumptions involving judgments with respect to future economic, competitive and market conditions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond Q Comm’s control. Some of the important factors that could cause actual results to differ materially from those indicated by the forward-looking statements are general economic conditions, changes in Q Comm’s operating expenses, adverse patent rulings, legal developments, competitive pressures, changes in customer and market requirements and standards, and the risk factors detailed from time to time in Q Comm's periodic filings with the Securities and Exchange Commission, including without limitation, Q Comm's Annual Report on Form 10-KSB/A for the year ended December 31, 2004, and Q Comm’s periodic reports on Forms 10-Q and 8-K filed with the Securities and Exchange Commission. Any forward looking-statements in this press release are based upon management's reasonable belief as of the date hereof. Q Comm undertakes no obligation to revise or update publicly any forward-looking statements for any reason.
Q Comm International, Inc.
+1 (801) 226-4222 x6090
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