USTelematics Announces Landmark Agreement with D&H Distributing to Gain Mass Market...
USTelematics Announces Landmark Agreement with D&H Distributing to Gain Mass Market Distribution in Nation's Largest Retail Chains
Company Joins Microsoft, Lenovo, Samsung, Cisco and other Major
Electronics Brands in Mass Merchant Supply Chain
CHICAGO--(Business Wire)--USTelematics, Inc. (OTC:UTLM), deploying proprietary technology
and market-disruptive products at the forefront of the connected-car
revolution, today announced that it has signed a landmark contract
with D&H Distributing, one of North America's largest distributors of
electronics, to distribute the Company's breakthrough telematics
products to the country's top consumer electronics retail chains and
stores.
Under the agreement, D&H Distributing will distribute
USTelematics' advanced communications and rear-seat mobile
entertainment product lines alongside the world's best-known
electronics brands. D&H serves many of the largest electronics
retailers in North America including Sam's Club, Wal-Mart, CompUSA,
Circuit City, Amazon.com, J&R Computer World, Electronics Boutique,
Gamestop, BJ's, retail college bookstores, and more. Major,
well-recognized consumer electronics brands supplied by D&H are
Microsoft, Lenovo, Samsung, Cisco and many others.
D&H will handle USTelematics Voyager(TM) Mobile IPTV and rear-seat
entertainment system, and the Company's Vivee(TM) voice enhanced
mobile messaging products.
The D&H agreement brings USTelematics key advantages as the
Company rolls out its products in retail channels, including extensive
reach into both the largest electronics chains as well as smaller and
specialty retailers.
"Among the benefits D&H provides is dealer financing," explained
Howard Leventhal, Chief Executive Officer of USTelematics. "Our
Voyager product line has an average wholesale price around $500.
Multiply this by 10 units per store and a single smaller retailer with
20 stores could conceivably need to purchase $100,000 worth of our
goods. For smaller dealers, a large inventory investment like this can
inhibit wholesale purchasing. D&H offers dealer "floor plan" wholesale
financing, which is designed to remove this sort of buying inhibition
and maximize our product representation and sales at all store types."
D&H has long specialized in the early identification of the most
important emerging trends in information technology, electronics,
entertainment and gaming. Throughout its 89-year history, D&H has
accomplished many firsts, including distribution of the first color
TV, the first home PC and the first gaming system.
"This agreement is particularly valuable to USTelematics because
of D&H's proven track record in successfully recognizing the most
exciting new products, and then to play a key role in making those
products a success in the marketplace," said Mr. Leventhal. "We are
proud and thankful for the opportunity to have our product lines and
brand distributed nationally and throughout North America,
side-by-side with fine, long-established consumer electronics names
currently handled by D&H."
Mr. Leventhal added, "We have made a commitment to mass market
distribution and D&H is a key resource toward enabling many, many
retail points of sale."
USTelematics has developed breakthrough technology to address
opportunities in the projected $58 billion telematics marketplace.
USTelematics new products offer unparalleled features and unique
functionality, positioning the Company to earn substantial market
share in this burgeoning industry.
USTelematics Voyager brand of wireless mobile internet protocol
TVs (IPTV) for rear-seat passenger vehicle infotainment integrates a
broad suite of features and functions, including the creation of a
mobile Wi-Fi internet hotspot to enable online computer usage in the
car and on the road, as well as DVD, movies, TV, Xbox and other
computer games, and more.
The Company's Vivee(TM), for Voice Interactive Voice Enhanced
Email & SMS Texting software and service, is an innovative
voice-interactive solution to enable drivers to safely receive and
send written electronic communications. Vivee uses an animated avatar
to speak incoming emails and text messages aloud, and enables drivers
to respond via voice commands. Vivee lets busy professionals and other
drivers stay connected while keeping their hands on the wheel and
their eyes on the road.
About USTelematics
US Telematics, Inc. ("USTelematics" or the "Company") is engaged
in the development and commercialization of next-generation,
proprietary technologies to revolutionize the "wired car," delivering
high speed data and entertainment content to private and commercial
vehicles. The Company is addressing high-growth opportunities in the
projected $58 billion global telematics marketplace with proprietary
technologies that enable a full range of voice-driven handheld and
automotive mobile communications, full internet connectivity and rich
infotainment options. With products that provide a full range of
next-generation rear seat infotainment, USTelematics is offering an
advance over the old DVD-only systems that still represent the current
standard in the rear seat entertainment industry.
To learn more, please visit http://www.USTelematics.com.
For investor-specific information and resources, visit
http://www.trilogy-capital.com/tcp/utlm.
To view current stock quotes and news, visit
http://www.trilogy-capital.com/tcp/utlm/quote.html.
Forward-Looking Statements
The information herein contains forward-looking statements. All
statements other than statements of historical fact made in report are
forward-looking. In particular, the statements herein regarding
industry prospects and future results of operations or financial
position are forward-looking statements. These forward-looking
statements can be identified by the use of words such as "believes,"
"estimates," "could," "possibly," "probably," anticipates,"
"projects," "expects," "may," "will," or "should" or other variations
or similar words. No assurances can be given that the future results
anticipated by the forward-looking statements will be achieved.
Forward-looking statements reflect management's current expectations
and are inherently uncertain. Our actual results may differ
significantly from management's expectations.
USTelematics
Howard Leventhal, 630-595-0049
howard@ustelematics.com
or
Financial Communications:
Trilogy Capital Partners
Ryon Harms, 800-592-6067 (toll-free)
ryon@trilogy-capital.com
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