FORT WORTH, Texas--(BUSINESS WIRE)--Teletouch Communications, Inc. (OTCBB: TLLE), a leading U.S. wireless services, cellular, consumer electronics and public safety equipment distributor, today announced that Rockford Corporation (OTC Pinksheets: ROFO.PK), a leading designer and manufacturer of high-performance audio products for the automotive industry, recently signed a new distribution agreement appointing Teletouch’s wholly-owned subsidiary, Progressive Concepts, Inc. dba PCI Wholesale (“PCIW”) as the exclusive Central Region Distributor for their Lightning Audio® line of products for the states of Texas, Oklahoma, Arkansas & Louisiana (the “Territory”). PCIW now carries a full line of Lightning Audio products, including amplifiers, speakers, subwoofers, wire and component kits, enclosures and accessories for sale to approved dealers in the Territory.
Alfred Congdon, Director for the Lightning Audio Line of Products, stated, “We are pleased to announce our new exclusive distribution agreement with PCI Wholesale. As one of the oldest and most established distribution companies in the central region of the United States, PCI has a great reputation in aftermarket mobile audio products and accessories, making them an ideal partner for Rockford Corporation, as we focus on building the Lightning Audio Brand and increasing sales in the region. Not only are we constantly adding new models and products, we are continuing to increase our marketing efforts to build market share and increase dealer traffic with better retail sell through.”
“Rockford Corporation has seen its mobile audio and accessory brands show strong growth, altogether generating nearly 25% sales growth in the first three months of 2012 when compared to the same period last year,” added “T.A. “Kip” Hyde, Jr., President and COO of Teletouch, and CEO of Progressive Concepts. “We are very pleased to work with Rockford Corporation by adding the fast growing Lightning Audio line to our targeted mix of mobile audio products for distribution in the region. Strong, forward brand thinking manufacturers like Rockford Corporation make great distribution partners, supporting their brands at every point in the channel. We know that our own long history in the mobile audio industry, customer support and retail training capabilities will help continue to build Lightning Audio’s position and penetration in this region.”
About Rockford Corporation
Setting the standard for excellence in the audio industry, the Rockford Corporation markets and distributes high-performance audio systems for the mobile aftermarket and OEM market. Headquartered in Tempe, Arizona, Rockford Corporation distributes its products under six brands: Rockford-Fosgate®, Rockford Acoustic Design®, Lightning Audio®, Brax™, Helix™, and Renegade®. For more information, please visit: www.rockfordcorp.com, www.rockfordfosgate.com, www.rockfordacousticdesign.com, www.lightningaudio.com, www.braxhifi.com, www.helixhifi.com and www.renegadecaraudio.com.
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 20 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, www.hawkexpress.com and www.shop.teletouch.com. Through its wholly owned subsidiary, Progressive Concepts, Inc., Teletouch operates a national distribution business, PCI Wholesale, primarily serving large cellular carrier agents 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.
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.