ATLANTA, Dec. 5 /PRNewswire/ -- Preferred Networks, Inc. (Nasdaq: PFNT),
(PNI) announced that it has completed the previously announced acquisition of
EPS Wireless, Inc. (EPS). Texas-based EPS will operate as a wholly owned
subsidiary of PNI.
EPS Wireless, Inc. is a national provider of paging and cellular product
repair services. EPS also offers product sourcing and sales for new and
refurbished paging products, inventory management, and product fulfillment.
PNI is an outsourcing services provider to the wireless industry,
primarily operating wholesale paging networks, and also offering
engineering/technical services and wireless equipment repair, sales, and
fulfillment. The company has five of its planned ten Technical Control
Centers (TCCs) in operation. As of September 30, 1996, PNI serves 18 markets
and 313,270 units in service on its networks or under agency agreement.
Network construction is underway in 26 new markets as a part of the company's
plans to build its 157.740 MHz network nationwide.
SOURCE Preferred Networks, Inc.
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CONTACT:
Mary Ann Haskins, Preferred Networks, Inc.,
770-582-3507
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