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U.S. Starcom Files Provisional Patent
Thursday, May 31, 2007
Allows Pre-Paid Calling Card Customers And Providers To Convert Minutes Into Other Content
Perth Amboy, NJ -- U.S. Starcom (Pink Sheets: USTA) announced today that it has filed a provisional patent with the U.S. Patent office for the convertibility of telecom minutes used on pre-paid calling cards into debit values that could be used to pay for other content, such as music downloads and ringtones. The purpose of the patent is to significantly increase the profit margins on calling card products. The patent will be aimed at strengthening the business focus of U.S. Starcom, which aims to incorporate money, music, media and minutes into products and services especially aimed at the Latino marketplace.
About U.S. Starcom
The company is a leader in providing value added services to enhance communications and entertainment. With a sales distribution network extending to thousands of urban locations, U.S. Starcom continues its rapid expansion into the distribution of alternative communication products and services, including music, media, international long distance, prepaid services, wireless dial around applications, stored value services, remittances, money debit cards, and internet service enhancements. U.S. Starcom provides access to the latest entertainment offerings from the recording industry through strategic alliances and joint distribution campaigns. The company provides product development, distribution, and system installation through its three independent subsidiaries, Sky Distribution, U.S. Starcom Technologies and Mundetel, as well as money remittances and telecom services through its Bell Latino subsidiary.
Safe Harbor Statement
This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.
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