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TMCNet:  Cerwin-Vega Mobile Signs Exclusive Distribution Agreement with Teletouch Subsidiary Progressive Concepts, Inc. for Central Region States of Texas, Oklahoma, Arkansas & Louisiana

[April 09, 2012]

Cerwin-Vega Mobile Signs Exclusive Distribution Agreement with Teletouch Subsidiary Progressive Concepts, Inc. for Central Region States of Texas, Oklahoma, Arkansas & Louisiana

FORT WORTH, Texas --(Business Wire)--

Teletouch Communications, Inc. (OTCBB: TLLE), a leading U.S. wireless services, cellular, consumer electronics and public safety equipment provider, today announced that Cerwin-Vega Mobile, a leading designer and manufacturer of a broad array of acclaimed, high quality amplifier and speaker products for the automotive industry, has signed an exclusive distribution agreement appointing Teletouch's wholly-owned subsidiary, Progressive Concepts, Inc. dba PCI Wholesale ("PCIW") as their exclusive Central Region Distributor for the states of Texas, Oklahoma, Arkansas & Louisiana (the "Territory"). Effective immediately, PCIW will carry for distribution a full line of Cerwin-Vega's audio products, including amplifiers, speakers, subwoofers and loaded enclosures for sale to approved dealers in the Territory.

Cerwin-Vega Loaded Enclosure (Photo: Business Wire)

Cerwin-Vega Loaded Enclosure (Photo: Business Wire)

Justin Miller, Cerwin-Vega Mobile Regional Manager, stated, "We are very pleased to enter into this new relationship with PCI (News - Alert) Wholesale, a thirty-plus year distribution veteran in the automotive aftermarket products industry. PCIW's outstanding dealer support, unique marketing capabilities and logistics abilities make them an ideal partner for increasing sales of our products in the region."

"Cerwin-Vega designs and manufactures products to the very highest standards available in the after-market automotive industry today," said T.A. "Kip" Hyde, Jr., President and COO of Teletouch, and CEO of Progressive Concepts. "Just as importantly, Cerwin-Vega Mobile works hard to ensure the integrity of the distribution channel, both in terms of product availability and pricing. Dealers can be assured of maintaining their premium brand positions in their individual market areas. We pledge to uphold the brand on behalf of all of our dealer customers, while providing easier and more efficient ordering capabilities, as well as special marketing opportunities for our dealers and their customers."

Cerwin-Vega Mobile offers an award winning array of subwoofers, amplifiers, speakers and special factory-tund loaded enclosures, at affordable price points including the new H.E.D product series, as well as higher end products including the Vega, VMAX, Stealth, Stroker and Pro product lines. [Multi-media available]


About Cerwin-Vega Mobile

Founded by legendary aerospace engineer Gene Czerwinski in 1954, Chandler, Arizona-based Cerwin-Vega Mobile was acquired in 2007 by car audio guys dedicated to building innovative car audio products and only car audio products ranging from the multi-patented Stroker Pro to the more affordable Vega and H.E.D. series of products. The brand that Gene built has introduced hundreds of innovative and award winning speaker designs that have advanced the state-of-the-art for loudspeaker applications in both home and mobile audio. Today Cerwin-Vega Mobile continues to build the highest quality and award winning amplifier and speaker products for the automotive industry. More information about Cerwin-Vega Mobile products and the Vega Nation can be found at www.CerwinVegaMobile.com. Get your Geek on!

About Teletouch Communications (News - Alert)

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 (News - Alert) (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 (News - Alert) 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=50231799&lang=en


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