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Friday, January 25, 2002
VOICESTREAM SIGNS DISTRIBUTION AGREEMENT WITH BLACKSTONE
Blackstone (www.blackstoneonline.com), one of the nation’s leading electronic providers of prepaid telecommunications products, announced today the signing of a nationwide distribution agreement with VoiceStream (NASDAQ: VSTR – www.voicestream.com) to distribute electronic PINs to their distributors. According to Mike Acton, Blackstone’s general manager, “There are several reasons for our success, primarily it is our ability to eliminate the need for VoiceStream and PowerTel dealers to purchase, carry or store live inventory because the Blackstone POS prints prepaid cellular cards upon purchase. Additionally, this means dealers will never run out of inventory and are able to monitor, at their convenience, their prepaid sales via our secure website.” The Blackstone POS integrates the processing of all major credit cards (MasterCard, Visa, American Express & Discover Card) and ATM/bank/EBT cards with the sale of prepaid cellular and calling cards into one, easy-to-use POS terminal. Based in Bellevue, WA, VoiceStream Wireless Corp. is a leading provider of digital wireless communications in the United States. VoiceStream has experienced significant growth over the past year, entering into a series of strategic business transactions that will allow VoiceStream and its affiliates to provide service to more than 273 million people, representing 97% of the US population. 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.