Teletouch Communications, Inc. (OTCBB: TLLE), a leading U.S. wireless services, cellular, consumer electronics and public safety equipment distributor, today announced the appointment of Timmy Monico as Vice President of Sales for its distribution unit, PCI Wholesale. A more than thirty-year veteran of the distribution and wireless industries, Monico brings a unique background to Teletouch. As the Vice President of Sales for CellStar USA, Monico was successful in building sales teams and channels that generated revenues in excess of $750 million annually. In his new role at Teletouch, Monico will be responsible for managing and expanding PCI Wholesale's sales teams, national accounts and distribution channels.

Timmy Monico - VP Wholesale Distribution (Photo: Business Wire)

Timmy Monico - VP Wholesale Distribution (Photo: Business Wire)

After leaving CellStar in 2006, Monico has held top management positions at InfoSonics Corp (Nasdaq: IFON), Aerovoice Wireless, and most recently at U.K.-based Datawind, Ltd., a leading developer of affordable wireless web access products and services, where he was responsible for establishing global operations for the distribution and sales of groundbreaking low-cost PC tablets, initially developed for the government of India. Monico will be based out of Teletouch's headquarters in Fort Worth, Texas.

"Timmy brings a broad perspective and deep experience to our sales organization. With his extensive and intimate knowledge of the U.S. wireless carrier and related retail markets, as well as capability in building dealer sales channels and successful management structures, Timmy's skills will play a key role in expanding our distribution sales, both domestically and internationally," stated T. A. "Kip" Hyde, Jr., President and COO of Teletouch. "I look forward to Timmy spearheading the expansion of our distribution footprint and overseeing the sales growth of this key business unit."

Monico added, "Operators and retailers of all sizes are seeking new sources of revenue and increased customer loyalty, but at lower costs. There is a real opportunity today to better serve smaller carriers, MVNE's, larger retailers and even the Tier-1 carriers' indirect retail channels, with higher levels of service, great products and value-added distribution capabilities - all at competitive prices. I am excited to be joining the Teletouch team and look forward to quickly propelling the Company to the next level."

As previously announced, Teletouch is expanding its wholesale distribution segment, with the expectation that this business unit will become Teletouch's primary earnings driver by the end of fiscal year 2015 (May 31, 2015). Since the Company's litigation with AT&T was successfully concluded in November, 2011, Teletouch has executed several distribution agreements directly with various cellular accessory and handset manufacturers, as well as other mobile electronics companies, including:

Wireless Market:

  • ALCATEL ONE TOUCH® - Branded Cellular Handsets
  • Monster ® Digital - SD & Micro SD Cards
  • Boston Amplifier ® - Wireless Signal Boosters
  • Aerovoice/Concept 101 - AT&T ® Branded Consumer Electronics
  • PureGear ® - Wireless Accessories
  • Parrot ® - Bluetooth Accessories
  • Wilson Electronics - Cellular Signal Boosters
  • Cellphone-Mate® - Cellular Signal Boosters
  • LifeProof ® (Military Grade Cases)
  • Dicota® Cases
  • Digital Innovations

Mobile Audio Market:

  • Diamond Audio
  • Lightning Audio®
  • Cadence Acoustics®
  • Cerwin-Vega Pro-Audio/Mobile

See also www.pciwholesale.com and www.pcidropship.com for additional product information.

About Teletouch Communications

For over 47 years, Teletouch has offered a comprehensive suite of wireless telecommunications solutions, including cellular, two-way radio, GPS-telemetry and wireless messaging. Teletouch is a leading Authorized Services Provider and billing agent of AT&T (NYSE: T) products and services to consumers, businesses and government agencies, as well as an operator of its own two-way radio network and LTR systems in Texas. Teletouch operates a chain of 15 retail and authorized agent stores under the "Teletouch" and "Hawk Electronics" brands, in conjunction with its direct sales force, call center operations and various retail eCommerce websites including: www.hawkelectronics.com, www.hawkwireless.com and www.hawkexpress.com.

Through its wholly owned subsidiary, Progressive Concepts, Inc., Teletouch operates a national distribution business, PCI Wholesale, primarily serving Tier-1 (AT&T, T-Mobile, Verizon, Sprint) cellular carrier agents, Tier-2, Tier-3 and rural carriers, as well as auto dealers and smaller consumer electronics retailers, with product sales and support available through www.pciwholesale.com and www.pcidropship.com, among other B2B oriented websites.

Teletouch's common stock is traded Over-The-Counter under stock symbol: TLLE. Additional information about the Teletouch family of companies can be found at www.teletouch.com.

ALCATEL ONE TOUCH and the registered trademarks of each, any and all product or service names discussed in relation to Teletouch Communications, Inc. and its affiliates are the property of their respective owners.

All statements from Teletouch Communications, Inc. in this news release that are not based on historical fact are "forward-looking statements" within the meaning of the PSLRA of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. While the Company's management has based any forward-looking statements contained herein on its current expectations, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties, and other factors, many of which are outside of our control, that could cause actual results to materially differ from such statements. Such risks, uncertainties, and other factors include, but are not necessarily limited to, those set forth under the caption "Risk Factors" in the Company's most recent Form 10-K and 10-Q filings, and amendments thereto, as well as other public filings with the SEC since such date. The Company operates in a rapidly changing and competitive environment, and new risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. The Company disclaims any intention to, and undertakes no obligation to, update or revise any forward-looking statement.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50335575&lang=en

Teletouch Communications, Inc.
Investor Relations:
Amy Gossett, 800-232-3888
investors@teletouch.com