CORONA DEL MAR, Calif., April 20, 2009 (GLOBE NEWSWIRE) -- ICC Worldwide, Inc. (Pink Sheets:ICCW) today announced that it has expanded its service offering for the European immigrant worker community to include online recharges for prepaid mobile phones. In addition to our previously announced capability in Italy, we are now providing this added functionality in Belgium and Spain.
Most immigrant workers own personal mobile phones. However, unlike typical monthly mobile plans in the U.S., the usage of these phones is provided on a prepaid, per minute basis. Typically referred to as a "recharge" ICC's online process is fast and easy to use. In most cases the user's phone is automatically updated with the recharge payment code using a text message sent from ICC's network. This eliminates the need for a user to manually key in a long and complex series of digits through his mobile phone's keyboard. In addition, the retail call shop which frequently sells a hundred or more of these recharge cards each day, no longer needs to carry an expensive inventory of "scratcher" cards in various denominations and from a number of different mobile phone providers.
Rich Lauer, ICC's President & CEO stated, "Our online recharge service makes the call shop owner's job considerably easier and much more cost effective. Prior to our online service, the call shop was required to stock several hundred cards in 5, 10, and 25 Euro denominations. Each of these denominations must also be available for the 3-5 popular mobile phone operators in their respective area. So it was not unusual for a call shop to find it necessary to constantly maintain an inventory of 5,000 to 10,000 Euros worth of these recharge cards."
Lauer went on to say, "With the ICC solution, each recharge is purchased one at a time and online directly from ICC's inventory. This reduces the chance of an out-of-stock condition, and dramatically reduces the investment required by the call shop owner in mobile recharges. The automatic update of the recharge code from a text message is also very popular with the mobile phone customers. When offered in conjunction with our high quality and cost effective VoIP services, the mobile recharge capability makes ICC's overall product offering extremely desirable to both the call shop owner and his retail customers."
About ICC Worldwide:
ICC Worldwide, Inc. (Pink Sheets:ICCW) provides a specialized range of wholesale communications services and products to an extensive retail channel serving the diverse immigrant worker communities in Italy, Belgium, Spain, and other parts of Europe. The firm's principal operating units are located in Italy, Belgium, Spain, and Romania while ICC's U.S. headquarters is based in the Southern California community of Corona del Mar.
Forward-Looking Statements:
This press release contains statements, which may constitute "forward-looking statements" within the meaning of various Federal securities laws. Those statements may include remarks regarding the intent, belief or current expectations of ICC Worldwide, Inc., as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The company undertakes no obligation to update or revise forward-looking statements.
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