Unified Signal, Inc. Launches MyTime Wireless MVNO
Kirkland, WA -- (Marketwired) -- 7/27/2015 – Unified Signal, Inc. (OTCQB: UNSI), a leading software system in the telecommunications and mobile payments industry, today announced that it has launched a new MVNO called MyTime Wireless (www.mytimewireless.com).
Unified Signal's Chief Executive Officer, Paris Holt, stated, "MyTime Wireless represents the 24th MVNO Unified Signal has launched and will be distributed throughout Unified Signal’s 50,000 retail points of distribution which it acquired through its InterMar acquisition. Even if MyTime Wireless acquires only one customer per point of distribution per month, this will bring in an additional 50,000 gross activations per month. The success of a wireless MVNO brand in today’s competitive market is all about real estate and Unified Signal now has plenty of that.”
The target market for this new MVNO is the ethnic communities in the larger metropolitan cities on the east coast. The product bundles $5 of international long distance calling into each rate plan every month, as well as a FREE prepaid debit card. International long distance calling rates have been priced slightly above cost, which translates into retail rates that are far below anything customers have ever seen in the prepaid calling card marketplace. These low calling rates allow people living in the U.S. the ability to call family and friends or anyone in other countries at a fraction of the cost they are paying today. The MyTime Wireless product set also allows its customers to move money to friends, family, or even business associates, in foreign destinations, for free, as compared to the 10 percent to 15 percent transaction fee(s).
Scott Kalinoski, vice president-Wholesale & Emerging Solutions at Sprint comments, "Sprint is supportive of Unified Signal’s newest MVNO, MyTime Wireless, as we have made significant investments in strengthening our nationwide network in the regions where Unified Signal’s distributors are located. We have provided Unified Signal with the tools they needed to make their distribution channel a success and we will continue to offer support throughout their regional deployment."
Unified Signal’s MVNO and mobile wallet enablement platform has been under development for the last seven years and has been deployed in the US for the last three years. Unified Signal supports US based MVNOs (Mobile Virtual Network Operators). MVNOs account for about 25 percent of U.S. wireless subscribers and use the wireless carrier’s network spectrum to offer private label wireless services to its end customers. Unified Signal’s MVNO, mobile wallet, and prepaid debit card enablement suite, provides a complete turnkey back office solution for its clients, including billing and rating, customer service, revenue assurance, payment processing, equipment provisioning, and fulfillment services.
Unified Signal’s Executive Vice President of Sales and Marketing Victor Bakunoff states, “Combining wireless with a powerful mobile wallet suite linked to a prepaid debit card is a powerful product differentiator and the Unified Signal system has the horsepower to deliver the operational solution the distributors need.”
About Unified Signal
Unified Signal, Inc (OTCQB: UNSI) is a SaaS (software as a service) based billing and back office platform, which enables companies in virtually any industry sector to launch cellular, as well as mobile wallet services using their existing brand. Unified Signal's SaaS platform and infrastructure allows clients to implement faster, have more control over the system with feature rich tools, while being more cost efficient than other solution providers. Unified Signal's turnkey telecom and mobile wallet billing platform 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 mobile banking. Unified Signal's platform is integrated with most major U.S. carriers as well as banks and wireless carriers across the world. The platform also allows clients to private label mobile banking services including a full mobile wallet linked to a prepaid debit card.
Safe Harbor: Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements. www.unifiedsignal.com / www.mytimewireless.com
Contact: Melissa Watson
VP of Business Development