HOUSTON, June 21, 2012 (GLOBE NEWSWIRE) -- Everybody's Phone Company, Inc. (EVPH.PK), a provider of innovative prepaid telephone services, today announced the details of a new comprehensive affiliate marketing program designed to improve and increase sales distribution channels. EVPH will immediately establish new payment centers for the Company's prepaid residential telephone services.
Everybody's Phone Company estimates that approximately 30% of all Texans do not have a bank account. This limits a consumer's ability to pay for recurring monthly charges such as basic telephone service. In fact, AT&T disconnects about 100,000 customers each month for non-payment in the State of Texas. Everybody's Phone Company is partnering with retailers to offer its branded and bundled telephone products, in local grocers, convenience stores, pawn shops and cash checking companies in and around Houston, TX. In addition, the Company is deploying an affiliate program that can offer low-income apartment owners and property managers, like those managing multiple dwelling units (MDU), the ability to sell its telephone services and act as a payment center.
Norman George, President of Everybody's Phone Company, said, "Our marketing model enables our partners to add an additional revenue stream without having to incur any upfront capital expenses. Our solution is totally turnkey; we help retailers, local businesses and apartment owners create a new profit center. In turn, we offer affordable and convenient basic telephone service, which would otherwise be denied to the credit-disadvantaged."
EVPH believes this new and improved marketing model will significantly increase revenues beyond the current estimated annual revenues of $2,000,000 and improve shareholder value in 2012.
About Everybody's Phone Company
Everybody's Phone Company, sells prepaid, unlimited local (dial tone) telephone service to the residential market, primarily in greater Houston. The Company is fully licensed by the Texas Public Utility Commission to resell telephone services throughout the State. Once EVPH achieves critical mass in Texas, the Company plans to expand its prepaid telecommunications product offerings nationwide. For more information, visit www.everybodysphonecompany.com.
Safe Harbor Forward-Looking Statement:
The foregoing press announcement contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words or phrases such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions are intended to identify "forward-looking statements". Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by, among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.