SAN DIEGO, August 25, 2003 (PRIMEZONE) -- Axesstel, Inc. (OTCBB:AXES), a leader in developing, manufacturing and marketing high-quality, CDMA-based fixed wireless local loop (WLL), hybrid terminals and gateway solutions to operators worldwide, today announced that it has retained CCG Investor Relations ("CCG") to implement and manage the company's investor relations program. CCG will work closely with Axesstel's public relations agency of record, Bock Communications, Inc. to ensure consistent messaging and brand recognition in both media and investor relations.
"We are planning an ambitious outreach program to make the investment community aware of Axesstel's impressive investment thesis and potential for growth," said CCG Partner Sean Collins, who heads the CCG account team. "Beginning with the company's planned application for a listing on the American Stock Exchange, we look forward to helping Axesstel gain recognition as it reaches the significant development milestones ahead."
"Having concentrated so far on building a company capable of achieving ambitious goals for growth, we are now ready to share our accomplishments and plans with the investment community," said Satoru Yukie, president and CEO of Axesstel. "We look forward to working with the CCG team to position our company for success in the financial community."
"As Axesstel moves forward to become a publicly traded company, we are excited to work closely with CCG to complement investor relations initiatives with targeted and effective public relations activities," added Christine Bock, managing director of Bock Communications. "We will continue to help Axesstel grow, achieve excellent trade, consumer and business media coverage and gain valuable mindshare and market share."
For further information, please contact Sean Collins, Partner, CCG, at (818) 789-0100, ext. 202 for investor relations or Valerie Christopherson or Jennifer Tolkachev, Bock Communications, at (714) 540-1030 for media inquiries.
About CCG
CCG provides investor relations for over 30 publicly traded and private companies throughout the country. The full-service investor relations agency has expertise in representing companies in the high-tech, Internet, semiconductor, medical device, biotech and retail sectors and maintains its corporate headquarters in Sherman Oaks (Los Angeles). For further information, contact CCG directly, or visit its Web site at http://www.ccgir.com.
About Bock Communications, Inc.
Based in Costa Mesa, Calif., Bock Communications, Inc. is a full-service public relations agency providing fresh and innovative public relations services to the wireless, Internet and computer industries. For more information about Bock Communications, call 714-540-1030 or visit the company's Web site at www.bockpr.com.
About Axesstel, Inc.
Axesstel, Inc. (OTCBB:AXES) is powering the next generation of wireless, fixed and hybrid mobile devices based on CDMA, CDMA2000, 802.11, and emerging 3G and 4G broadband IP technologies. The company is pursuing technology and applications that will enable the development and delivery of carrier-class subscriber based solutions, including fixed terminals, handsets and wireless payphones. To date, Axesstel's Qualcomm-licensed products can be found in more than 15 countries worldwide. The company is headquartered in San Diego, Calif. with a research and development center in Seoul, Korea. For more information, visit the company's Web site at www.axesstel.com.