SAN DIEGO, Oct. 22, 2009 (GLOBE NEWSWIRE) -- Axesstel, Inc. (OTCBB:AXST), a leader in the design and development of fixed wireless voice and broadband data products, entered a distribution agreement with Quality One Wireless. Under the terms of the agreement, Quality One will distribute Axesstel's select portfolio of fixed wireless voice and broadband data products through its extensive network of multiple affiliate companies in the wireless device sales, service, and distribution industry throughout North America.
"In 2009, we have actively pursued business in North America, particularly in U.S. rural markets where broadband connectivity rates are well below the national average," said Clark Hickock, chief executive officer for Axesstel. "As we are increasing our distribution channels to the tier 1, 2, and 3 network operators and targeted vertical markets, this agreement will expand our North American footprint. Quality One Wireless' long history of providing product diversity through strategic vendor alliances, as well as post sales services and distribution solutions, makes it an ideal partner to supply the marketplace with our affordable, high performance, best in class wireless devices."
Tim Ryan, Vice President of Carrier Sales for Quality One Wireless stated, "We are excited about this partnership. We believe the combination of solid products from Axesstel together with the relationships and reputation that Quality One Wireless has in the mobile marketplace will make this a very successful partnership where everyone wins. We look forward to offering Axesstel's innovative products to our customers."
About Axesstel, Inc.
Axesstel (OTCBB: AXST) is a recognized industry leader in the design and development of fixed wireless voice and broadband data products. Axesstel's best in class product portfolio includes broadband modems, 3G gateways, machine to machine applications, voice/data terminals, fixed wireless desktop phones and public call office phones for high-speed data and voice calling services. The company delivers innovative fixed wireless solutions to leading telecommunications operators and distributors worldwide. Axesstel is headquartered in San Diego, California with a research and development center in Seoul, South Korea. For more information on Axesstel, visit www.axesstel.com.
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About Quality One Wireless
Quality One Wireless, LLC is a leading global distributor of mobile phones and other related wireless communication equipment. Founded in 1991 and headquartered in Orlando, Florida, Quality One Wireless serves over 800 customer/vendor accounts and ships more than 4 million wireless devices annually. For more information, visit http://www.q1w.net/
(c) 2009 Axesstel, Inc. All rights reserved. The Axesstel logo is a trademark of Axesstel, Inc.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: With the exception of historical information, the statements set forth above include forward-looking statements relating to market penetration and conditions, product capabilities and the timing of new product introductions which may affect future results and the future viability of Axesstel. Axesstel wishes to caution readers that actual results could differ materially from those suggested by the forward-looking statements due to risks and uncertainties and a number of important risk factors. Those factors include but are not limited to the risk factors noted in Axesstel's filings with the Securities and Exchange Commission, such as to the need for additional working capital; economic and political instability in developing markets served by Axesstel; unforeseen manufacturing difficulties, unanticipated component shortages, competitive pricing pressures and the rapidly changing nature of technology and frequent introductions of new products and enhancements by competitors; the competitive nature of the markets for Axesstel's products; product and customer mix, Axesstel's need to gain market acceptance for its products; dependence on a limited number of large customers; potential intellectual property-related litigation; Axesstel's need to attract and retain skilled personnel; and Axesstel's reliance on its primary contract manufacturer. All forward-looking statements are qualified in their entirety by this cautionary statement, and Axesstel undertakes no obligation to revise or update this press release to reflect events or circumstances occurring after this press release.