EXHIBIT 99.1
Press Release
[Logo]TELULAR CORPORATION
Tuesday, September 26, 2000
Telular Corporation Announces $67.5 Million Contract with Telcel
VERNON HILLS, IL USA-Telular Corporation (Nasdaq: WRLS)
Telular Corporation today announced that it signed a $67.5 million
contract with Telcel, the largest cellular carrier in Mexico. Under the
terms of the contract, Telular will provide its wireless products to
Telcel, and BrightStar Corporation will serve as the fulfillment partner.
"We are very excited about our ongoing relationship with Telcel and our
new association with BrightStar," said Mr. Ken Millard, President and CEO
for Telular Corporation. "Telcel has been an important customer for the
past two years, and now BrightStar will add the expertise that is required
for the distribution and handling of our products in Mexico. This new
contract is the result of an intense and cooperative effort between
Telular and Telcel."
"As the leading cellular provider in Mexico, Telcel has aggressively
pursued high-tech digital products for the people of Mexico," said a
representative for Telcel. "We are pleased that Telular has worked closely
with us to develop a product that will better serve our customers." He
added, "We are confident that the services provided by BrightStar
Corporation will exceed our expectations and that this new endeavor with
BrightStar will build a strong partnership."
"We are pleased that Telular and Telcel have entrusted us with the
fulfillment program", said Marcelo Claure, BrightStar's CEO. "This
reinforces BrightStar's role as the strategic partner of choice for Latin
American wireless operators and allows our Mexican subsidiary to play an
important role in bringing wireless solutions to Telcel's end users."
About Telcel
Telcel is the leading cellular operator in Mexico, with 8.1 million
subscribers nationwide and a 70 per cent share of the fast-growing Mexican
wireless market.
About Telular Corporation
Telular Corporation is a leader in the design and manufacturing of wireless
products. Telular's proprietary telecommunications interface technology
enables standard phone systems, fax machines, computer modems or monitored
alarm systems to utilize available cellular wireless service for either
primary or back-up communications. Their product lines incorporate the
world's leading cellular standards (GSM, TDMA, CDMA, AMPS) and are marketed
worldwide. Headquartered in Vernon Hills, Illinois, Telular has regional
sales offices in Atlanta, Miami, Singapore and the United Kingdom. For
further company information, visit Telular at http://www.telular.com.
About BrightStar Corporation
BrightStar Corporation is a leading distributor and a provider of value-
added services (VAS) in the wireless telecommunications industry for Latin
America. Founded in 1997, BrightStar is the fastest growing company in
this industry, with sales revenues expected to surpass $300 million in
2000, compared to $140 million in 1999 and $73 million in 1998.
BrightStar is headquartered in Miami, Florida and has eight subsidiaries
located in Mexico, Brazil, Puerto Rico, Venezuela, Dominican Republic,
Bolivia, Paraguay and Uruguay. For more information visit BrightStar at
http://www.brightstarcorp.com.
Source: Telcel, Telular Corporation, BrightStar Corporation
Telular Contact:
Mr. Kenneth E. Millard
President and CEO
Telular Corporation
Phone: 847-247-9400
FAX: 847-247-0021
E-mail: [email protected]
Telcel Contact:
Humberto Chavez Lopez
Sub-director Operations of Cellular Network
Telcel Dipsa
Phone: 011-525-825-4030
FAX: 011-525-625-3817
E-mail: [email protected]
BrightStar Contact:
Marcelo Claure
CEO
BrightStar Corporation
Phone: 305-477-8676
Fax: 305-477-9072
E-mail: [email protected]
Please be advised that statements made herein state the company's
or management's intentions, hopes, beliefs, expectations or
predictions of the future and are forward-looking comments. It is
important to note that the company's actual results could differ
materially from those projected in such forward-looking
statements. Additional information concerning factors that could
cause actual results to differ materially from those in the
forward-looking statements is contained from time to time in the
company's SEC filings, including but not limited to the company's
report on Form 10-K for the fiscal year ended September 30, 1999.
Copies of these filings may be obtained by contacting the Company
or the SEC.
