SAN DIEGO, Aug. 31, 2005 (PRIMEZONE) -- AudioStocks.com is pleased to announce that it has posted an interview with Mr. Marius Silvasan of TelePlus Enterprises, Inc. (OTCBB:TLPE) on the www.AudioStocks.com website. Mr. Silvasan discusses the rapid adoption of prepaid wireless service plans and the growth of both Teleplus' retail service and resell divisions.
Mr. Silvasan stated, "The wireless carriers and telecom providers have great services for the credit-worthy customers, but have a limited amount of products that they offer to the unbanked segment and quite frankly, the unbanked market is the fastest growing segment in the wireless area. We have an open playing field to go and make our mark within that area."
Silvasan added, "The month of July, we basically doubled our revenue versus the same period a year ago. Our revenue run rate should continue to increase as we get through the third quarter."
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This press release contains or incorporates by reference "forward-looking" statements including certain information with respect to plans and strategies of interviewed companies. For this purpose, any statements contained herein or incorporated herein by reference that are not statements of historical fact may be deemed forward-looking statements. Without limiting the foregoing, the words "believes," "suggests," "anticipates," "plans," "expects," and similar expressions are intended to identify forward looking statements. There are a number of events or actual results of the interviewed companies that could differ materially and substantially from those indicated by such forward looking statements.