USTelematics Announces JAG Notes Investment Industry Newsletter Initiates Coverage...
USTelematics Announces JAG Notes Investment Industry Newsletter Initiates Coverage of Company and Audiovox
JAG Notes Newsletter to Commence with Report on Planned
USTelematics Manufacturing and Distribution Partnership with Audiovox
CHICAGO--(Business Wire)--
USTelematics, Inc. (OTC:UTLM), creating proprietary technology and
market-disruptive products at the forefront of the connected-car
revolution, has announced that JAG Notes, a finance industry
newsletter with primary readership in the institutional investment
community, has initiated coverage of the Company. In its first report
on USTelematics, JAG Notes is expected to discuss the Company's
proposed manufacturing, distribution and investment agreement with
Audiovox Corp. (NASDAQ:VOXX), a leading maker of mobile audio and
video equipment.
JAG Notes provides financial information and commentary to the
investment community, targeting the interests and needs of the
institutional investment industry. The newsletter and other JAG Notes
informational resources are edited by Dr. John Faessel, a veteran
stock market commentator.
"(UTLM) is an undiscovered and I think undervalued mini-cap ($8
million market-cap) with significant potential now on the edge of a
ramp-up in growth," said the new JAG Notes installment. "The licensing
/ cash infusion deal with Audiovox, if consummated may bring tens of
thousands of 'eyes' to their science and money to their till in a much
shorter time frame than previously thought. The potential for (UTLM)'s
technology to prosper is remarkable as it brings education,
communications and entertainment to the automobile in a high-speed
venue as never before."
Under the proposed licensing agreement, Audiovox will to
manufacture USTelematics' Voyager Mobile IPTV hardware product under
Audiovox brand names, and to distribute and market Voyager at more
than 20,000 retail electronics and automotive channels worldwide.
Audiovox, also a pioneer in the cellular industry, distributes an
extensive portfolio of respected brands worldwide, including industry
leaders such as Advent, Acoustic Research, RCA, Jensen, Phase Linear
and others.
The Audiovox agreement would provide USTelematics access to an
established and extensive distribution network, reaching approximately
10,000 car dealerships and more than 10,000 other points of
distribution.
"I am hopeful that the exposure provided by the JAG Notes
coverage, particularly among the institutional readership, will help
us bring our high growth story to an important segment of investors,"
said Howard Leventhal, Chief Executive Officer of USTelematics. "The
proposed licensing agreement with Audiovox is one of the most
important achievements in USTelematics' business strategy, and we are
eager to get the message disseminated as broadly as possible."
About USTelematics
USTelematics, 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 $54
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)
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