Teletouch-Hawk Electronics and Research In Motion Support the Troops at the 2011 Crowne Plaza Invitational at Colonial PGA TOUR Golf Tournament
Teletouch Communications, Inc. (OTCBB: TLLE), a leading U.S. wireless services, cellular, consumer electronics and public safety equipment provider, and Official Cellular Sponsor of the 2011 Crowne Plaza Invitational at Colonial PGA TOUR Golf Tournament today announced that the Company will again provide visiting troops and their families an opportunity for some much earned 'R&R,' watching great golf, playing Nintendo Wii Golf and making free calls to their families and fellow soldiers, sailors and airmen around the world on Blackberry® smartphones provided by Research In Motion (NASDAQ: RIMM). These activities and much more will be set-up in the XTO Military Chalet for the over 3,500 military personnel and their family members attending the upcoming 2011 Crowne Plaza Invitational at Colonial PGA TOUR Golf Tournament to be held Monday, May 16th through Sunday, May 22, 2011 at the Colonial Country Club in Fort Worth, Texas.
In addition, Saturday of the Crowne Plaza Invitational at Colonial celebrates national Armed Forces Day, which was established in 1949 to honor Americans serving in all military branches. This year marks the 150th Anniversary of the Medal of Honor. The tournament will be honoring six Congressional Medal of Honor recipients (there are only 85 living recipients) and Teletouch, together with Research In Motion are especially privileged to provide each with a new BlackBerry PlayBook™ in honor of their service.
"We are always proud to support our troops, even more so in this year commemorating the 150th Anniversary of the Medal of Honor. With a special donation from Research In Motion, we are especially pleased to honor six Medal of Honor recipients by awarding them with a customized version of the new BlackBerry PlayBook. In addition, Research In Motion has again generously provided several BlackBerry smartphones for use at our free-for-the-military Worldwide Calling Center located on site at the XTO Military Chalet," stated T. A. "Kip" Hyde, Jr., President, Chief Operating Officer and Director of Teletouch.
The tournament is encouraging fans to wear a yellow ribbon Saturday in honor of Armed Forces Day. Yellow ribbons will be available at the Congressional Medal of Honor Foundation tent at the Main Entrance, for a small donation of $5, with 100% of the proceeds going to the Foundation.
In addition, on Saturday, for each birdie made on the 17th hole, the Colonial and Crowne Plaza Hotels & Resorts will donate $1,000 to the Congressional Medal of Honor Foundation. An American flag pin-flag will be used on the green, with a military attendant to hold the flagstick for each group. Immediately following play, near the 18th Green, there will be a ceremony to honor the six Congressional Medal of Honor recipients and to present a check to their Foundation, www.cmohfoundation.org. PGA TOUR player Rory Sabbatini will speak at the ceremony on behalf of TOUR players.
Featuring seven of the Top 10 PGA TOUR money winners this year, the 2011 Crowne Plaza Invitational at Colonial will have a $6.2 million purse, with the winner receiving over $1.1 million, plus 500 FedExCup points. CBS Sports, a 30-year broadcast partner with Colonial, will continue to provide weekend coverage, with the Golf Channel providing early-round coverage.
About Teletouch Communications
For over 46 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 direct Authorized Service 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 also maintains a distribution agreement with Clearwire (Nasdaq: CLWR), as a provider of advanced 4G and WiMax wireless network services. 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 and www.hawkexpress.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.
