News

PT-1 Communications, Integrated Payment Systems partner on prepaid phone deal

February 26, 2002

SANTA BARBARA, Calif. -- PT-1 Communications Inc., the nation's largest prepaid calling card provider and a subsidiary of STAR Telecommunications Inc., has signed a distribution agreement with Integrated Payment Systems Inc. a wholly owned subsidiary of First Data Corporation.

First Data has chosen PT-1 to be the exclusive provider of prepaid calling card products using point-of-sale activation at over 15,000 Western Union money order locations throughout the United States. Western Union is a unit of First Data Corp.

"We have been aggressively expanding the distribution of PT-1's products and today's announcement is an exciting step forward in our growth plans," said Chris Edgecomb, chairman and CEO of STAR.

"As 1999 progresses, we will continue to expand into more communities throughout the U.S. and into foreign markets," said Sam Tawfik, CEO of PT-1.