Thursday, June 13, 2002
Blackstone Delivers TracFone Prepaid Wireless Airtime Electronic PIN Distribution To Over 5,000 Retail Outlets
Blackstone (www.blackstoneonline.com), one of the nation’s leading electronic providers of prepaid telecommunications products, announced today that they have entered into an agreement with TracFone Wireless, Inc. (www.tracfone.com), the nation’s largest provider of prepaid wireless service, to distribute TracFone’s Prepaid Wireless Airtime codes via the Blackstone POS system.
According to Mike Acton, Blackstone’s general manager, “This agreement will extend the availability of TracFone’s Prepaid Wireless airtime sales to thousands of new locations across the country. The Yankee Group considers TracFone to be the largest prepaid wireless provider and we are excited to give our POS merchants access to this new group of customers.”
“Today’s prepaid wireless customer expects their service provider to offer a convenient one-step option to buy airtime at retail,” said Stephan J. Ritter, TracFone Wireless Executive Vice President of Sales/Marketing. “By partnering with Blackstone, our prepaid wireless airtime is now easily available for purchase to a whole new breed of potential customers through Blackstone’s sophisticated technology and extensive network of merchants across the nation.”
The patented Blackstone POS successfully integrates the processing of all major credit cards (MasterCard, Visa, American Express & Discover Card) and ATM/Debit/EBT cards with the sale of prepaid wireless and calling cards, into one, easy-to-use POS terminal, the Blackstone POS, which is revolutionizing the telecommunications and electronic transaction industries.
About TracFone Wireless
TracFone’s nationwide prepaid wireless service has no contracts, credit checks, monthly bills, activation or reactivation fees, deposits or minimum age requirements. Its prepaid wireless service incorporates a customer-friendly, cost-control feature that displays the exact remaining airtime balance on the phone. TracFone Wireless, based in Miami, Florida, is an affiliate of América Móvil (NYSE: AMX, NASDQ: AMOV). TracFone Wireless is now available at over 70,000 retailers nationwide including: Ames, Best Buy, Circuit City, Eckerd Drug, Kmart, Lowes, Office Depot, Staples, Target, Wal-Mart, Western Union, and 7-Eleven. For more information on TracFone Wireless, visit the web site at www.tracfone.com.
Blackstone has rapidly become one of the country’s largest providers of prepaid telecommunications products and services with over 300,000 retail locations nationwide. Established and headquartered in Miami, Florida since 1995, Blackstone is privately owned, and managed by a team of executives experienced in payment processing, networking, information services, oil & gas and prepaid telecommunications. Today, Blackstone is successfully merging two industries, prepaid telecommunications and electronic transactions, into one terminal to the benefit of merchants across the United States. For more information on Blackstone’s products and services, call 1-800-639-9590 or visit www.blackstoneonline.com
Blackstone POS are trademarks of Blackstone Communications Co.; US and foreign patents pending.
Clare J. Morgan Scott Brand
Blackstone TracFone Wireless