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Q Comm International Expands Relationship with Hargray Wireless; Offers Bill Payment Services at Over 270 Hargray Locations
OREM, Utah --(Business Wire)-- Nov. 9, 2005 -- Q Comm International, Inc. (Amex: QMM; QMM.WS), a provider of prepaid transaction processing and electronic point-of-sale (POS) distribution solutions, today announced an expanded relationship with Hargray Wireless, a regional wireless telecommunications provider with retail locations throughout South Carolina and Georgia, to provide bill payment at the Point of Sale (POS) for Hargray's postpaid wireless, internet access and long distance telecommunications. Q Comm currently processes Hargray Wireless prepaid long distance and wireless products at over 270 merchant locations and, with this expanded relationship, Q Comm will now process Hargray bill payment services at these locations as well.
Additionally, Q Comm will add Hargray's prepaid long distance product to its product library and make the product available to its other merchants.
Michael Keough, President and Chief Executive Officer of Q Comm International, stated "Today's announcement marks our continued penetration of the bill payment market, which allows merchants to respond to the growing demand for POS bill payment options. Importantly, this enhanced relationship also allows Q Comm to benefit from providing higher margin products and services as we diversify our revenue base."
ABOUT Q COMM INTERNATIONAL:
Q Comm International is a prepaid transaction processor that electronically distributes prepaid products from service providers to the point of sale. Q Comm offers proprietary prepaid transaction processing platforms, support of various point-of-sale (POS) terminals, product management, merchandising, customer support and engineering. Q Comm systems replace traditional hard cards (also known as scratch cards or vouchers) that are costly to distribute, and provide more comprehensive reporting and inventory management among other benefits. Q Comm's solutions are currently used by wireless carriers, telecom distributors, and various retailers to sell a wide range of prepaid products and services including prepaid wireless, prepaid phone cards, prepaid dial tone and prepaid debit cards, such as prepaid MasterCard and Visa. Visit www.qcomm.com for more information.
ABOUT HARGRAY COMMUNICATIONS GROUP:
Hargray Communications Group (HCG) is a holding company for seven telecommunications corporations including Hargray Wireless. The Company is located on Hilton Head Island in South Carolina and provides a full range of telecommunications services including local, long distance, wireless, Internet, cable, and directory publishing. The Company's mission is to provide its customers with the highest quality telecommunications services in the most efficient, cost-effective manner possible, in an environment of respect, concern and courtesy for customers and personnel. HCG has been providing premiere telecom services for more than 50 years. The Company maintains a Web site at www.hargray.com.
Statements made in this press release are forward-looking and are made pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995. Such statements involve risks and uncertainties that may cause actual results to differ materially from those set forth in these statements. The economic, competitive, governmental, technological and other factors identified in the Company's filings with the Securities and Exchange Commission, including the Form 10-KSB/A for the year ended December 31, 2004, may cause actual results or events to differ materially from those described in the forward-looking statements in this press release. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise.
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