....COMPANY INFORMATION

Symbol: TLPE.OB
Exchange: OTC.BB

TelePlus Enterprises, Inc.
7575 route
Transcanada suite 305
St-Laurent, QC
H4T 1V6

Telephone : (514) 344-0778
Fax : (514) 344-8675
email:
Info@teleplus.ca

Company Website:
www.teleplus.ca

INVESTOR RELATIONS CONTACT
Heather Martin, Manager/Corporate Affairs
866.699-3388

Edgar Filings:
www.10kwizard.com

..........SHARE RELATED

Pick Price $.45
52 Week High $4.40
52 Week Low $.32
Market Cap 23.45 M
Outstanding Shares 67 M

 

Company Overview

TelePlus Enterprises, Inc. is emerging as a new market leader in the rapidly growing wireless and portable communications industry in North America. From its small-chain roots in Canada, the company is now planning a network of 500 unique wireless retail locations and distributors by 2008.

The recent emergence of TelePlus as a potentially dominant player within the North American wireless communications sector is best characterized by a series of milestone initiatives over the past 12 months that have set the stage for accelerated North American expansion and record revenues through fiscal year 2004 and beyond.

Investment Highlights

  • TelePlus has embarked on an accelerated growth path organically and through acquisitions expected to yield significant shareholder value. Such growth will come through the development of Company operated wireless stores and the implementation of the Company’s Mobile Virtual Network Operator (MVNO) in select US cities and landline telephony service.
  • TelePlus announced on January 26, 05 that it was acquiring Telizon, Inc. a reseller of landline and long distance services as well as an internet service provider. This acquisition will essentially double the size of TelePlus and after being rolled in toTelePlus Connect Corp., will result in bringing TelePlus Connect's revenues to $14.5M and EBITDA to $1.9M. The acquisition of Telizon, once completed, would leapfrog the Company's business plan by 18 months increasing TelePlus' revenue run rate to $30M and yield yearly EBITDA earnings well in excess of 1.0 Million.
  • TelePlus is enjoying exceptional revenue growth: 240% annually over the past three years.
  • Projections call for TelePlus Connect, the newly formed subsidiary following the transaction of Keda Consulting Corp. and Freedom Phone Lines, to pick up $60 million in revenues and $16.1 million in EBITDA over the next 60 months. Over the next 48 months, the company anticipates over $41 million in revenues, and $10.8 million in EBITDA. These numbers do not include any revenues the company is already producing from other divisions.
  • TelePlus’ seasoned and experienced management team is familiar with all aspects of the rapidly growing and changing cellular communications business.
  • The wireless market is the fastest growing consumer segment in history.
  • The prepaid US market is expected to reach US$32.1 billion by 2008 and the prepaid wireless sales are expected to represent the lion share of this market.
  • TelePlus is well positioned to capture the growth of the US prepaid wireless market with its MVNO program.

Company Profile

TelePlus Enterprises, Inc. ("TelePlus") through its three wholly owned subsidiaries TelePlus Retail Services, Inc., TelePlus Wireless Corp. and TelePlus Connect Corp. offers a variety of wireless, landline, long distance and internet services to consumers across North America.

The Company's mission statement is to provide North American consumers with innovative wireless products and services. Delivery of such services will occur through our TelePlus and TelePlus-Xpress branded stores, retail partners and through the operation of our virtual wireless network and land line reconnect service.

TelePlus Retail Services, Inc.

TelePlus Retail currently owns and operates 40+ TelePlus and TelePlus Express branded retail stores across Canada.

Business targets call for the increase to 70 of the number of TelePlus and TelePlus branded stores by 2008. Revenues are expected to reach US$25M with EBITDA of US$1.8M by 2008.

Rapid Revenue Growth – Strong Future

TelePlus is a leading and respected wireless retail chain that today owns and operates more than 40 successful wireless retail outlets. Revenues have grown at a rate of approximately 240% annually, up from US$1.4 million in 2000 to an estimated US$12.49 million in 2004, representing over 10 consecutive quarters of record growth. But that’s just the start of the TelePlus story. The Company has also embarked on a smart and ambitious growth plan that has aligned this successful chain store
operation with some of the biggest names in retail.

Rising Cell Phone Demand to Fuel Market Growth

Mobile electronic devices have become a necessary tool for business
professionals and are becoming an increasingly large part of consumers’
everyday life. The demand for wireless services and products is growing
at a torrid pace and is expected to remain strong as a result of several
factors including:

  • Increased awareness of the value of mobility
  • Emergence of wireless Internet segments
  • Introduction of compact phones and devices with longer-lasting batteries
  • Increasing affordability of wireless usage relative to traditional landline phones
  • New applications of 3G technologies such as MP3 and wireless location services

Wireless phones are among the fastest growing consumer products in history. According to EMC, a leading researcher and publisher of intelligence about wireless markets, there are now more than 1 billion wireless phone subscribers worldwide. EMC estimates that by 2005, 50% of all calls in the world will be wireless.

Great Expectations for TelePlus Wireless Corp.

TelePlus Wireless Corp. currently operates its private label wireless program, referred to as Mobile Virtual Network Operator (MVNO), primarily catering to users of prepaid and disposable phones. The concept was first pioneered in Europe by companies such as Virgin Mobile Telecoms of England, and Wireless Maingate of Sweden. TelePlus is offering a similar product in the U.S. where market prospects hold great expectations.

Business target to grow to 100,000 customers in the U.S. and to reach revenues and EBITDA of US$87 million and US$7.0 million respectively by 2008.

Increased affordability of wireless is expected to boost demand. In addition, the prepaid market is the fastest growing segment in the wireless sector in terms of new customer acquisition with revenues expected to reach US$32.1 billion by 2008.

With the launch of its MVNO service, TelePlus has the opportunity to participate in another aspect of the lucrative wireless mobility market without the prohibitive costs of building its own infrastructure and network. Cellular airtime would be purchased from major carriers and sold at a premium.

TelePlus’ MVNO which utilises AT&T’s reliable network is expected
to grow organically and through acquisitions.

TelePlus Wireless to Offer Disposable Cell Phones.

  • One of the most dynamic and exciting components of TelePlus Wireless’ growth plan is the development of private label and prepaid disposable wireless products. Not unlike disposable cameras in terms of price and consumer appeal, these products are expected to be sold through mass merchandisers such as Wal-Mart, Best Buy, 7-Eleven convenient stores, TelePlus stores
    and other retail outlets.
  • As well, TelePlus products are expected to be available for purchase in vending machines at high traffic locations such as airports, train stations and hotels. As a prepaid private label cell phone service, the Company’s operations will target the tourism trade and international business travel sectors.

TelePlus Connect Corp.

  • TelePlus Connect Corp., a subsidiary of TelePlus Enterprises, Inc., currently operates our landline, long distance and internet service.
  • Business target to grow to 40,000 customers and to reach revenues and EBITDA of US$16 million and US$4.8 million respectively by 2008.

TelePlus Connect Corp. services include landline and long distance prepaid services catering to individuals who cannot obtain basic telecom services from traditional telecom carriers. Current estimates place the "unbanked market" in North America at 9.5% of total households and the market size to over US$1 billion.

Partners and Alliances

TelePlus Enterprises, Inc. major wireless partners include Samsung, Nokia, Sony Ericsson, Motorolo, StarChoice, Telus, Fido, Panasonic, Bell, Sanyo, vTech, Seimens.

Recent News and Press Releases

• TelePlus to Acquire Telizon in Deal to Double the Size of TelePlus by Adding US$12M in Revenue and US$1.6M in EBITDA per Year - Market Wire (Wed, Jan 26)

• TELEPLUS ENTERPRISES INC Files SEC form 8-K, Change in Accountant - EDGAR Online (Fri, Jan 21)

• TelePlus Reports Preliminary Q4 Revenues Up 52% to $4.2M USD; Annual Revenues Up 62% to $12.4M USD - Market Wire (Thu, Jan 20)

• TelePlus to Access up to 700 Points of Distribution Through Nation Wide Distribution Agreement With Mr. Prepaid; More Beneficial Than Acquisition - Market Wire (Tue, Jan 18)

• TelePlus Reports a 45% Increase in Annual Wireless Sales - Market Wire (Thu, Jan 6)

• TelePlus to Be in OTCBB Market Leaders Investor Relations Program - Market Wire (Wed, Dec 15)

• TelePlus' Acquisition to Pick Up $60M in Revenue and $16.1M in EBITDA Over the Next 60 Months - Market Wire (Tue, Dec 14)

• TelePlus Acquires Keda Consulting Corp. and Freedom Phone Lines in Deal Planned to Add Over $20 Million in Sales and $6 Million in EBITDA Within 48 Months - Market Wire (Mon, Dec 13)

• TelePlus CEO Interview by The Green Baron - Market Wire (Fri, Dec 10)

• TELEPLUS ENTERPRISES INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits - EDGAR Online (Tue, Dec 7)


FORWARD LOOKING STATEMENTS
This report includes forward-looking statements that reflect Crown Medical Systems Inc. current expectations about its future results, performance, prospects and opportunities. Crown Medical Systems Inc. has tried to identify these forward-looking statements by using words and phrases such as "may," "will," "expects," "anticipates," "believes," "intends," "estimates," "plan," "should," "typical," "preliminary," "we are confident" or similar expressions. These forward-looking statements are based on information currently available and are subject to a number of risks, uncertainties and other factors that could cause Crown Medical Systems Inc.'s actual results, performance, prospects or opportunities to differ materially from those expressed in, or implied by, these forward-looking statements. These risks, uncertainties and other factors include, without limitation, the Company's growth expectations and ongoing funding requirements, and specifically, the Company's growth prospects with scalable customers, and those outlined above. Other risks include the Company's limited operating history, the Company's history of operating losses, consumers' acceptance, the Company's use of licensed technologies, risk of increased competition, the potential need for additional financing, the terms and conditions of any financing that is consummated, the limited trading market for the Company's securities, the possible volatility of the Company's stock price, the concentration of ownership, and the potential fluctuation in the Company's operating results. 

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