ATLANTA, GA , a provider of converged communications solutions, today announced the company has received notification from the American Stock Exchange of their intention to commence delisting procedures citing the company's failure to comply with reporting requirements and other financial conditions. The company subsequently submitted a plan of compliance with the American Stock Exchange and intends to appeal the proposed delisting. American Telecom Services, Inc. has filed additional information concerning this matter on Form 8-K with the Securities and Exchange Commission.

About American Telecom Services

American Telecom Services, a leader in converged communications solutions, provides consumers with "Good Reasons to Pick-Up the Phone." American Telecom Services combines new Interference Free DECT 6.0 feature rich telephones bundled with a variety of pre-paid long distance and Voice over Internet Protocol (VoIP or Internet Phone) calling plans designed to save consumers up to 60% on their telecom service costs. The Company offers the only prepaid home phones bundled with Pay N' Talk prepaid residential long-distance services powered by IDT Telecom (patent-pending) and is the only provider of DigitalClear(TM) Internet phones that include an adapter and router built right into the base of the cordless phones (patent-pending); Just "Plug In & Save!" The DigitalClear product line offers consumers the opportunity to save up to $500 on their phone services using phones bundled with VoIP services. Consumers who do not possess high-speed Internet service at home can purchase the service with the only "ONE Box Solution" offered with all DigitalClear products. American Telecom Service's products are available nationally at thousands of retail locations. Visit http://www.atsphone.com for Company and product information.

Any statements in this press release that are not historical facts are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify those forward-looking statements by words such as "may," "will," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential," or "continue" or the negative of those words and some other comparable words. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from historical results or those the Company anticipates. Factors that could cause actual results to differ from those contained in the forward-looking statement include, but are not limited to, those risks and uncertainties described in the Company's filings with the Securities and Exchange Commission. Statements included in this press release are based upon information known to the Company as of the date of this press release, and the Company assumes no obligation to (and expressly disclaims any such obligation to) publicly update or alter its forward-looking statements made in this press release, whether as a result of new information, future events or otherwise, except as otherwise required by applicable federal securities laws.

Contact: Joe Noel (925) 922-2560 Email Contact

American Telecom (AMEX:TES)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more American Telecom Charts.
American Telecom (AMEX:TES)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more American Telecom Charts.