US Starcom Announces the Opening of New Bell Latino Store in Asbury Park, New Jersey

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September 17th, 2007 Leave a comment Visited 30 times, 2 so far today

US Starcom Announces the Opening of New Bell Latino Store in Asbury Park, New Jersey

US Starcom, Inc. (PinkSheets: USTA) announced that its subsidiary Bell Latino Multiservices, Inc. has opened a new Bell Latino in Asbury Park, New Jersey. There are currently eight Bell Latino retail stores; this is the company’s fourth store in New Jersey.

Bell Latino retail outlets, also know as “tiendas”, provide money transfer services, international phone booths, internet access, prepaid phone cards and other ancillary communications and financial services. The new Asbury Park store is located at 809 Main Street.

“Bell Latino stores are a valuable resource to the neighborhoods and communities in which they operate,” said John DiDomenico, CEO of US Starcom. “There is a growing population in the United States to whom money remittance is an essential financial service. We carefully evaluate potential Bell Latino locations and open in areas where we can best serve this demographic. We are pleased to bring Bell Latino to Asbury Park and are confident that our store will make a positive contribution to the community.”

About US Starcom

US Starcom, Inc. serves the growing community of Latin Americans residing in the U.S., primarily with cash remittance and telecommunications products and services. The Company’s Bell Latino Multiservices division owns and operates “Tiendas”, small stores that provide money remittance service, telephone calling, internet access, bill payment, phone cards and other products and services. US Starcom’s Mundetel subsidiary is a facilities-based telecommunications company. The division provides telephone service to some 500 Tiendas including all Bell Latino locations. The Company’s La Corporacion subsidiary, formed in 2007, produces music and media that address the tastes and trends of the Latin American market.

This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.

Contacts

US Starcom
John DiDomenico, 732-293-0048
johnd {at} johnd(.)net
or
Institutional Marketing Services (IMS)
John Nesbett/Jennifer Belodeau
203-972-9200
jnesbett {at} institutionalms(.)com





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