PERTH AMBOY, N.J., Feb. 16, 2006 (PRIMEZONE) -- U.S. Starcom, Inc. (Pink Sheets:USTA) announced today that it has signed a contract to provide more than six million PINS (personal identification numbers) with Datawave Systems, Inc., a premier provider of electronic distribution for the prepaid and stored value markets. U.S. Starcom will deliver the PINS electronically to Datawave Systems Inc. and will be responsible for networking and customer service.
"This is a very significant opportunity," states John DiDomenico, President and CEO of U.S. Starcom. "We have developed an advanced flexible telecom platform that is perfectly suited to this application. This contract has the potential to grow substantially over the next few months and should fit perfectly into our other business activities, which will be ramping up significantly during the 2nd quarter of this year. Collectively, these contracts could amount to several million dollars over the next few quarters."
Mr. DiDomenico states further, "During the 1st quarter we expect to close the previously announced acquisition of Sky Communications, the acquisition of Integrated Systems, the contract with the Catholic Church of Mexico and the contract with a major record label."
About U.S. Starcom: A leader in providing value added prepaid services and solutions to enhance communications and entertainment. With a sales distribution network extending to thousands of urban locations, and with no long term debt, U.S. Starcom will continue its rapid expansion into the distribution of alternative communication products and services, including international long distance, prepaid phone cards, wireless dial around applications, stored value services and internet service enhancements. U.S. Starcom is committed to providing affordable access to the latest entertainment offerings from the recording industry through strategic alliances and joint distribution campaigns.
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