Unified Signal, Inc. 2015 Letter to Shareholders
Kirkland, WA -- (Marketwired) -- 4/13/2016 – Unified Signal, Inc. (OTCQB: UNSI),
I wanted to take the opportunity to summarize what Unified Signal has accomplished in 2015 and what shareholders can expect to see in 2016. To summarize who we are, Unified Signal (www.unifiedsignal.com) is a SaaS (software as a service) based billing and back office solution which enables companies in virtually any industry sector to resell cellular service as well as other telecom services using their existing brand. Unified Signal’s turnkey telecom billing solution allows its clients to sell, provision, fulfill, and care for multiple telecom services, including pre and post-paid cellular, local, long distance, Internet, and now even mobile commerce. Unified Signal’s technology infrastructure allows its clients to implement faster, have much more control of the system, and is far more cost efficient than other competing billing and back office systems. Unified Signal has successfully integrated with all major U.S. carriers, which has never been completed by any other U.S. billing company. Unified Signal also enables its clients to private label their own “PayPal” type services including a full mobile wallet linked to a prepaid debit card.
Major Milestones of 2015:
Debt Repayment: In 2015 Unified Signal continued to pay down debt it inherited in the acquisition of DataJack. By the end of 2015 Unified Signal has less than $110,000 in debt of which it will pay that off in the first 6 months of 2016. This will make Unified Signal a debt free and cash flow positive company.
Addition of New Wholesale Clients: In 2015, Unified Signal on boarded 5 additional wholesale clients which should bring in additional profitability in 2016. Unified Signal’s industry has become a very hot market in 2015 and should continue on for quite some time. The wireless resale “MVNO” (Mobile Virtual Network Operator) expansion in the US has been fueled by dropping technology costs from the wireless carriers and will help fuel Unified Signal’s growth for the presumable future.
Launching of Unified Signal’s own Wireless Brand: 2015 marked an exciting year in the US for the MVNO industry. MVNO penetration has jumped to well over 25% market penetration which means that 1 out of 4 people in the US have wireless service through an MVNO vs direct with one of the 4 major carriers. This has fueled the decision for Unified Signal to launch its own internal MVNO called MyTime Wireless www.mytimewireless.com. Unified Signal’s historical revenue model as a billing and operating system for the MVNO industry, only allowed the company to accrue $1.00 to $1.50 in revenue per customer per month and net only $.50 profit per customer per month. As an MVNO servicing actual end consumers, the company will accrue revenues of $40 to $50 per customer per month with net profits 4-6 times that of being just an enabler. Unified Signal is at the cusp of a major strategy shift from wholesale to retail and this internal metamorphosis will allow Unified Signal’s internal MVNO strategy to better capitalize on the hot MVNO growth segment. MyTime Wireless has completed beta launch in the first quarter of 2016, and the company has already acquired over 6,000 customers within the first 60 days.
Launching of Unified Signal’s own internal Mobile Wallet: Mobile Commerce has been equally a hot sector in the US and Unified Signal’s mobile wallet enablement module allows the company to assist its clients launch their own private label mobile wallet. Again there is very little revenue and profit attached to this product set as clients make most of the profit. Unified Signal is again leveraging its own technology and has launched its own private label mobile wallet called MyTime Wallet (www.mytimewallet.com). The MyTime wallet is linked to a private label MyTime Wallet Debit MasterCard and when bundled with the MyTime Wireless product, the debit card is included free of charge for customers. Customers of the MyTime Wireless Debit MasterCard can move money from their mobile wallet account to their Debit MasterCard in real-time and for free and then use those funds anywhere MasterCard is accepted and can take out funds at virtually any ATM around the world.
Acquisition of InterMar: In October of 2015, Unified Signal made a bold move and acquired a company called InterMar who has access to over 50,000 retail locations across the United States. Unified Signal’s strategy is to sell its new MyTime Wireless brand into all those 50,000 points of distribution. This vertical integration play is the first of its kind in the MVNO industry as now a leading MVNO enabler launches their own MVNO and acquires the distribution channel for that MVNO. This deep vertical integration allows MyTime Wireless to create and launch a very aggressive consumer offering that few MVNO competitors can match.
2015 was a strategic year for Unified Signal. It was about setting the stage for 2016 to become the most exciting year for the company.
2016 has a very simple objective and that’s subscriber growth for its MyTime Wireless Brand and acquire other MVNOs that may wish to join forces with the company. The more customers Unified Signal acquires, the lower the wholesale rates are with the wireless carriers. So building a buying consortium of sorts is a key strategy of the company as it provides the company with the ability to launch products that consumers will value tremendously and at prices far below other competitors. MyTime Wireless is adding more and more distributors every day which will significantly drive revenue and much higher profits per customer. We are also investing a great deal of money in R&D and working on adding additional service offerings such as streaming music, IPTV, and WiFi VoIP calling. This bundling of services strategy increases customer satisfaction and subscriber retention.
Another objective of 2016 is to normalize the stock price. Unified Signal owns a good majority of the float so the stock is not actively trading a great deal. As we expand in 2016 / 2017 and acquire additional companies, more free trading stock will be introduced into the float which will create a more stable and free flowing market. We are very focused on building revenue and profitability and as this is realized throughout 2016 and 2017, the stock price will correct accordingly and become more reflective of our true value.
You can learn more about Unified Signal by visiting our website at www.unifiedsignal.com; www.mytimewireless.com; and www.mytimewallet.com. You can also keep tabs on us and our progress by following our Facebook, Twitter, and LinkedIn pages.
Please stay tuned in the upcoming months to some of the most exciting announcements to date and for all our supporters, thank you for being there for us. Our management team works extremely hard every day to ensure that our future is bright and our shareholders are well rewarded for their investment and faith in the company.
Paris W. Holt
Chief Executive Officer
Unified Signal, Inc
To the extent that statements contained in this press release are not descriptions of historical facts regarding Unified Signal, they are forward-looking statements reflecting the current beliefs and expectations of management made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Words such as “believe,” “will,” “expect,” “anticipate,” “estimate,” “intend,” “objectives” and similar expressions (as well as other words or expressions referencing future events, conditions or circumstances) are intended to identify forward-looking statements. Examples of forward-looking statements contained in this press release include, among others, statements regarding the quoting and trading of our common stock and our expectations regarding our development and monetization plans for our international wireless carrier contracts, increasing our revenue substantially, expanding our products offering such IPTV, VoIP and energy, expanding our mobile commerce platform internationally and launching our Wi-Fi Back Haul in over 8 million locations internationally. Forward-looking statements in this release involve substantial risks and uncertainties that could cause the development and monetization of our mobile games, future results, performance or achievements to differ significantly from those expressed or implied by the forward-looking statements. Unified Signal undertakes no obligation to update or revise any forward-looking statements. The quoting and trading of the company’s common stock on the OTC Bulletin Board and the OTC Market Group’s OTC Link quotation system is often thin and characterized by wide fluctuations in trading prices, due to many factors that may have little to do with the company’s operations or business prospects. As a result, there may be volatility in the market price of the shares of the company’s common stock for reasons unrelated to operating performance. Moreover, the OTC Bulletin Board and the OTC Market Group’s OTC Link quotation system are not stock exchanges, and trading of securities on them is often more sporadic than trading of securities listed on the NASDAQ Stock Market or another securities exchange. Accordingly, stockholders may have difficulty reselling any of their shares. For a further description of the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of the company in general, see Unified Signal’s filings with the Securities and Exchange Commission, which are available through http://www.sec.gov
Contact: Melissa Watson
VP of Business Development