American TeleSource Opens Its First Communication Center in the U.S.
Jstockscom
Additional Centers to Open in San Antonio, Brownsville and Mission, Texas
SAN ANTONIO--March 22, 2000--American TeleSource International, Inc. (AMEX:AI -
news) announced today the opening of its first Communication Center in the
United States. The inaugural Center is located in Laredo, Texas, operating
under the name Computel(SM).
Arthur L. Smith, Chairman and CEO, commented, ``Currently, ATSI is the largest
independent owner of Communication Centers throughout Mexico. We maintain 130
stores in 66 Mexican cities that operate under the Computel name. Over
Computel's 12-year operating history, it has earned nationwide brand
recognition and customer loyalty. The Laredo Center represents the first step
in bringing our successful Mexican retail strategy to the United States. The
targeted Latino customer for Computel lives in the U.S. or Mexico, usually does
not have basic telephone service, and needs to communicate with family and
friends across the border. Through this well-known and widespread retail
distribution network, ATSI is bringing its borderless customers an array of
services, which are typically beyond their reach. These services go beyond
basic telephony to include Internet, voice mail, prepaid cellular and paging.''
Mr. Smith continued, ``Our retail strategy is not only to expand the service
offerings in our existing Communication Centers, but also to increase the
number of locations in both the U.S. and Mexico. Over the next quarter, we
anticipate opening additional Centers in the Texas cities of San Antonio,
Brownsville and Mission.''
American TeleSource International, Inc. is an emerging international carrier
serving certain niche markets in and between Latin America and the United
States. The Company's borderless strategy includes the deployment of a ``next
generation'' network for more efficient and cost effective service offerings of
domestic and international voice and data. ATSI has clear advantages over the
competition through its corporate framework consisting of unique licenses,
interconnection and service agreements, network footprint, and extensive retail
distribution. ATSI's wholly owned subsidiary, GlobalSCAPE, Inc.
(www.globalscape.com), is a leader in the development, marketing, distribution
and support of award winning Internet-based software in a broad array of
categories including file management, multimedia utilities and Web site
development tools.
This news release contains forward looking statements such as ``The Laredo
Center represents the first step in bringing our successful Mexican retail
strategy to the United States and Over the next quarter, we anticipate opening
additional Centers in the Texas cities of San Antonio, Brownsville and
Mission.'' These statements describe management's beliefs and expectations
about the future. We have identified forward looking statements by using words
such as ``expect,'' ``believe,'' and ``should.'' Although we believe our
expectations are reasonable, our operations involve a number of risks and
uncertainties, and these statements may turn out not to be true. Risks that
could cause these statements not to be true include loss of key customers,
inability to obtain additional capital, inability to make payments to suppliers
and lenders on time, dilution of our common stock, equipment failures leading
to service interruptions, failure to profitability, and other Risk Factors
discussed in filings made by the Company with the SEC.
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Contact:
American TeleSource International Inc., San Antonio
Karen R. Mella, 210/547-1000
E-mail: kme...@atsi.net
Web Site: www.atsi.net
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