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Monday, August 14, 2000
BLACKSTONE OPENS NORTHEAST TERRITORY
Blackstone, one of the nation’s leading providers of prepaid products and services, announced today the opening (August 2000) of its first storefront location of Blackstone Online, at 9828 Queens Boulevard, in Rego Park, New York. Blackstone, servicing over 300,000 retail accounts nationwide, has rapidly become one of the country’s largest providers of prepaid telecommunications products and services. Product offerings now include prepaid calling cards, prepaid cellular, prepaid paging, prepaid dial tone, Internet services, and the most technologically advanced point-of-sale activation systems in the marketplace today. The company’s tremendous growth, coupled with the recent explosion in the telecommunications industry, has prompted the store’s establishment. Through such store-front locations the company is paving the way for its strategic entrance into the northeast United States. Luis Arias, CEO, states, "New York has always been the toughest territory for us to conquer, yet it is the territory that needs us most. We are now taking the necessary steps to make it happen." The U.S. prepaid calling card market has experienced many difficulties throughout the last decade, including poor quality, unreliable connections, and short shelf life for many products. Blackstone, with its store-fronts, will provide the impetus for change. The opening of these stores will give distributors and retailers a chance for success with reliable products and realistic margins. Blackstone Online Stores will be equipped with product inventory, enabling distributors to efficiently and quickly attain product via these outlets. Blackstone is a leading provider of telecommunications products and services. Blackstone offers the industry’s widest assortment of prepaid phone cards, prepaid cellular, prepaid paging, prepaid dial tone, Internet Services, and POS terminals. For more information on Blackstone prepaid products and services, call Mike Acton (Macton@blackstoneonline.com) at 888.639.9590.