MONTREAL, March 23, 2005 (PRIMEZONE) -- TelePlus Enterprises, Inc. (OTCBB:TLPE) (http://www.teleplus.ca), a vertically integrated provider of wireless and landline communications products and services across North America, is pleased to announce it will expand the distribution of Bell Mobility products and services to certain TelePlus locations in Eastern Canada. These select TelePlus retail outlets in Pickering and Toronto (both in Ontario) and Montreal (Quebec) will immediately start selling Bell Mobility Products.
In December 2004 the Company announced that it started selling Bell Mobility products and services throughout its stores in Western Canada.
"We are very pleased to expand distribution of the Bell products and services to select locations in Eastern Canada," stated Marius Silvasan, Company CEO. "The Bell roll out coupled with the recent introduction of Virgin Mobile throughout our stores is expected to positively impact our operations on a moving forward basis and favorably impact our market competitiveness," added Mr. Silvasan.
Investors are asked to e-mail all questions and correspondence to TLPE@agoracom.com where they can also request to be added to the TelePlus investor e-mail list to receive all future press releases and updates directly.
About TelePlus http://www.teleplus.ca
TelePlus Enterprises, Inc. ("TelePlus") is a vertically integrated provider of wireless and landline products and services across North America. The Company's retail division -- TelePlus Retail Services, Inc. -- owns and operates a national chain of TelePlus branded stores in major shopping malls, selling a comprehensive line of wireless and portable communication devices. TelePlus Wireless, Corp. operates a virtual wireless network selling cellular network access to distributors in the United States. TelePlus Connect, Corp. is a reseller of landline and long distance services including internet services.
About Bell Mobility
Through their 26 million residential and business customer connections, Bell Canada Enterprises (Toronto Stock Exchange "BCE") provides the most comprehensive and innovative suite of communication services, including local, long distance, wireless, Internet access, data and video services. In addition, they reach millions of people daily through Bell Globemedia, a leading media company with assets including CTV and The Globe and Mail.
The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties, including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development and acquisition of new product lines and services, government approval processes, the impact of competitive products or pricing a technological changes, the effect of economic conditions and other uncertainties, and the risk factors set forth from time to time in the Company's SEC reports, including but not limited to its annual report on Form 10-KSB; its quarterly reports on Forms 10-QSB; and any reports on Form 8-K. Teleplus Enterprises, Inc. takes no obligation to update or correct forward-looking statements.