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PLATINUM WIRELESS ACQUIRES AMERICAN CONNECTIONS OF CALIFORNIA Los Angeles, November 29, 2007 - Platinum Wireless, a National Master Authorized Representative of Sprint has announced the finalization of the acquisition process of American Connections, Inc. LLC, a leading distributor of wireless products and services. The amount of the acquisition was undisclosed. Baze Melamed, President of Platinum Wireless states, "We are very excited about building upon the Platinum Wireless brand. This new partnership will provide us with a broader suite of products and services that value our history, reputation, and relationships that both firms bring to the table." He adds, "With this acquisition, Platinum differentiates itself with the broadest range of products and services and adds significant depth to our already robust portfolio and further cements our position as the industry leader." This gives Platinum Wireless more distribution outlets and the capability to service more customers nationwide. "By adding American Connections services under Platinum's umbrella, we are enhancing and adding exceptional value to our customers and deliver results for our dealer base. The similarity between the two create synergies that will enable us to go beyond customer expectations", states CEO, Jeff Javidzad. The acquisition furthers the company's strategy of supporting small, mid-size, to large business customers across the country. About Platinum Wireless Based in Los Angeles, California, Platinum Wireless is the National Master Authorized Representative for Sprint Nextel. Platinum Wireless has over 3,000 points of distribution nationwide. Platinum Wireless was recognized by The Los Angeles Business Journal as one of the 100 top privately held companies in Los Angeles in 2003, 2004, 2005, 2006 and 2007. About American Connections American Connections is a leading national distributor of wireless products and a local master agent for Sprint services in Southern California. American Connections specialize in the retail and B2B wireless products and services, and has been recognized by wireless carriers and manufacturers over the years for their emphasis on quality and customer support. |
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