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Friday, December 22, 2000
BLACKSTONE AND ADMA TELECOM ANNOUNCE EXCLUSIVE ALLIANCE
Blackstone, one of the nation's leading providers of prepaid products and services, reached an exclusive agreement with ADMA Telecom. In the agreement, ADMA will provide network services for several of Blackstone's successful card programs. Luis Arias, Blackstone president and chief executive officer says, "ADMA will continue to provide Blackstone with a quality product at competitive pricing that our distributors and retailers expect." According to Ricardo Olloqui, president of ADMA Telecom, "We are very excited to be working with Blackstone and their innovative card programs." ADMA Telecom is a Miami-based long distance provider. For the past several years, the company has specialized in providing services to South America, Europe and Asia. In addition to their alliance with Blackstone, they are currently finalizing agreements to supply network services and distribution for E-TV, Colombia and PacifTel, Ecuador. Blackstone has rapidly become one of the country's largest providers of prepaid telecommunications products and services with over 300,000 retail locations nationwide. Today, Blackstone has developed the most innovative point-of-sale system. By integrating the processing of all major credit cards (MasterCard, Visa, American Express and Discover Card) and ATM/Debit cards with the sale of prepaid products into one, easy-to-use POS terminal, Blackstone POS has revolutionized the electronic transaction industry. For more information on Blackstone products and services, please contact Andy Viera at 1-800-639-9590.