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TLL Proshares Ultrashort Telecommunications

58.40
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Name Symbol Market Type
Proshares Ultrashort Telecommunications AMEX:TLL AMEX Fund
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 58.40 0 01:00:00

Teletouch to Distribute New Satellite/Terrestrial Dual-Mode Modems

07/04/2004 10:55pm

PR Newswire (US)


Proshares Ultrashort Telecommunications (AMEX:TLL)
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Teletouch to Distribute New Satellite/Terrestrial Dual-Mode Modems Teletouch Has U.S. Master Distribution Rights, Plans to Offer Modems Alongside Existing Line of Asset-Tracking Systems TYLER, Texas, April 7 /PRNewswire-FirstCall/ -- Teletouch Communications Inc. has obtained master distribution rights from Quake Global Inc. to offer two new dual-mode satellite/terrestrial modems in the United States. Teletouch participated in the development of the QUAKE(R) Q2000-CDMA and Q2000-GSM modems to introduce a product that would be beneficial in a host of mobile asset tracking scenarios. The CDMA-based modem is scheduled to be available from Teletouch by the end of the second quarter, and the GSM-based modem will hit the market later this year. The modems facilitate wireless communication over low earth orbit satellites, as well as either the CDMA or GSM networks, making them ideal choices for fleet managers whose tracking systems must be able to access the satellite network when the cellular network is unavailable, and vice versa. In addition to the dual-network wireless communications capabilities, the modems feature increased performance through reduced latencies, near real-time message delivery, the ability to quickly transfer large amounts of data, satellite backup for seamless coverage and higher message delivery rates. "We wanted to ensure that Teletouch customers would have the ability to track their assets no matter what kind of network was most readily available," said J. Kernan Crotty, president of Teletouch Communications. "By integrating the Q2000-CDMA and Q2000-GSM into our product line, we are able to extend increased capability and efficiency to our customers throughout the United States. We also welcome the opportunity to extend the use of the modems to other value added resellers who are looking for the most advanced modems available on the market." About Teletouch Communications Inc. In the wireless business for 40 years, Teletouch Communications Inc., based in Tyler, Texas, has evolved its service offerings to provide wireless telemetry products and services to business and government customers. Teletouch provides sophisticated wireless services that are used to monitor remote operations, track and manage mobile assets and notify authorities when a lone worker has been injured or incapacitated, among many other applications. More information can be found on Teletouch's Web site: http://www.teletouch.com/ . Contact: Michelle Metzger M/C/C 972-480-8383 x. 231 DATASOURCE: Teletouch Communications Inc. CONTACT: Michelle Metzger of M-C-C, +1-972-480-8383, ext. 231, or , for Teletouch Communications Inc. Web site: http://www.teletouch.com/

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