3/22/2005 - TelePlus Enterprises, Inc. (OTCBB: TLPE) (www.teleplus.ca), a vertically integrated provider of wireless and landline communications products and services across North America announced that preliminary results indicate total number of handset sales for January reached 3,125 handsets and February reached 3,167--an increase of 46% and 66% respectively compared to the same months a year ago. Same store average sales remained unchanged for the two periods.
"Although the first quarter historically is our slowest performing quarter, January and February handset sales continued to be strong," stated company CEO Marius Silvasan. "The addition of the VIRGIN MOBILE brand throughout our stores in March should positively impact our performance moving forward," added Silvasan.
Investors are asked to e-mail all questions and correspondence to TLPE@agoracom.com, where they can also request to be added to the TelePlus investor e-mail list to receive all future press releases and updates directly.
About TelePlus www.teleplus.ca
TelePlus Enterprises, Inc. ("TelePlus") is a vertically integrated provider of wireless and landline products and services across North America. The Company's retail division--TelePlus Retail Services, Inc.--owns and operates a national chain of TelePlus branded stores in major shopping malls, selling a comprehensive line of wireless and portable communication devices. TelePlus Wireless, Corp. operates a virtual wireless network selling cellular network access to distributors in the United States. TelePlus Connect, Corp. is a reseller of landline and long distance services including Internet services.
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