ATC Technology Corporation Partners With U.S. Cellular to Provide Comprehensive Supply Chain Support


DOWNERS GROVE, Ill., May 25, 2010 (GLOBE NEWSWIRE) -- ATC Technology Corporation (ATC) (Nasdaq:ATAC) today announced that its ATC Logistics & Electronics subsidiary has signed a five-year contract with U.S. Cellular, the nation's sixth-largest wireless carrier, serving 6.2 million customers. Under the terms of the new contract, ATC Logistics & Electronics will provide supply chain support to U.S. Cellular in the areas of retail and customer fulfillment, reverse logistics, and test and repair services. The program is scheduled to launch in June 2010.

Todd R. Peters, president and CEO, said, "I am very pleased to announce the initiation of our relationship with U.S. Cellular, a premiere wireless services provider. Our selection by U.S. Cellular is testimony to our strong brand recognition as a top-tier player in the logistics services marketplace. We are excited to add U.S. Cellular to our growing customer roster.  We are working closely with U.S. Cellular's team to ensure a smooth program launch."

Alan D. Ferber, executive vice president of operations for U.S. Cellular, said, "We selected ATC Logistics & Electronics as a critical supply chain partner due to the uniqueness of their service offering, the quality of their people and because they have top-notch information technology capabilities for our industry. Their supply chain support ensures that we will continue to provide an outstanding experience for our customers." 

ATC Technology Corporation is headquartered in Downers Grove, Illinois. The Company provides comprehensive engineered solutions for logistics and refurbishment services to the consumer electronics industries and the light-, medium- and heavy-duty vehicle service parts markets.

About U.S. Cellular

The 9,000 associates of U.S. Cellular believe a wireless phone enhances people's lives and a wireless company should be in the business of bringing people together. U.S. Cellular has a wide range of monthly plans, including those with unlimited nationwide calling, unlimited free incoming calls and options to prepay. The company has a growing catalog of phones like the BlackBerry® Tour and the touch-screen LG Tritan and HTC Touch Pro 2, which offer e-mail and Web access. U.S. Cellular believes in the power of the community and has made a commitment to invest more than $4.5 million in teachers and schools during 2009 and 2010.  Based in Chicago, the company is the nation's sixth-largest wireless carrier, serving 6.2 million customers across the country.  To learn more about the company visit one of its retail stores or uscellular.com.  You can also check out U.S. Cellular on Facebook.

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Certain statements in this news release are "forward-looking statements" (as defined in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934). These forward-looking statements generally include all statements other than statements of historical fact, including statements that are predictive, that depend upon or refer to future events or conditions, or that include words such as "expects," "anticipates," "intends," "plans," "believes," "estimates," "hopes," and similar expressions. In addition, any statements concerning future financial performance or position (including future revenues, expenses, earnings, growth rates or margins), ongoing business strategies, budgets or prospects, and possible future actions are also forward-looking statements. The forward-looking statements contained in this news release are based on information available to our management as of the date of this news release, and reflect management's judgments, beliefs and assumptions as of the date of this news release with respect to future events, the outcome of which is subject to risks and uncertainties that could have a significant impact on our business, operating results or financial condition in the future. Should one or more of these risks or uncertainties materialize, or should underlying information, judgments, beliefs or assumptions prove incorrect, actual results or outcomes could differ materially from those expressed or implied by the forward-looking statements in this news release. Some of these risks and uncertainties are described in our periodic filings with the Securities and Exchange Commission. We disclaim any intention or obligation to update the forward-looking statements contained in this news release.


            

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