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Monday, October 29, 2001
BLACKSTONE CREATES NEW POSITION – DIRECTOR OF INDIRECT DISTRIBUTION
Miami, Florida – October 29, 2001 - Blackstone (www.blackstoneonline.com), one of the nation’s leading electronic providers of prepaid telecommunications products, announced the appointment of Elbert Enrique to the newly created position of director of indirect distribution for the Prepaid Systems Group, a wholly owned subsidiary of Blackstone Communications. Elbert joins Blackstone from Hypercom (www.hypercom.com), the leading global provider of electronic payment solutions, where he was the sales director for indirect sales. Prior to Hypercom, Elbert was the southeast regional sales manager for Lipman USA, a national distributor of point of sale terminals. According to John Marshall, Blackstone’s Prepaid Systems Group president, “our future plans for the Blackstone POS include complementing our existing sales and distribution methods with the use of independent sales agents (ISAs) and value added resellers (VARs). Elbert brings a wealth of knowledge and experience in this area and I have high expectations for his, and ultimately, Blackstone’s success with these organizations.” In his role as Blackstone’s director of indirect distribution, Elbert will be responsible for developing, recruiting and maintaining relationships with our Blackstone certified sales agents. Elbert adds, “my initial contacts with 30 of the nation’s top 100 ISAs has been extremely positive, in large part, because of the success of the “Blackstone Partner Program” – defined geographic territories based on achieved targets, plus residual income on prepaid sales in addition to residuals on credit card sales.” Blackstone is one of the country’s largest providers of prepaid telecommunications products and services with over 300,000 retail locations nationwide. By successfully integrating the processing of all major credit cards (MasterCard, Visa, American Express & Discover Card) and ATM/bank cards with the sale of prepaid cellular and prepaid calling cards into one, easy-to-use POS terminal, Blackstone POS, is revolutionizing the electronic transaction industry. 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.