On4 Communications Announces Distribution Deal Wit
Post# of 40989
On4 Communications Announces Distribution Deal With Capoli Sales
NEW YORK, Dec. 05, 2017 (GLOBE NEWSWIRE) -- On4 Communications, Inc. (OTC:ONCI) - today announced it has signed a distribution contract with Capoli Sales and adds 17 new salespeople to the Bsafe Mobile team.
CEO Steve Berman states, "We are pleased to announce that we have signed a contract with Capoli Sales to represent Bsafe Mobile, Bfound Mobile and Fleet Safer in 15 states including NY, NJ, PA, DE, MD, WA, VA, NC, SC, GA, AL, MS, TN and FL. Capoli sales has been around for over 35 years and is the leader in distribution of all products to both dealers and auto parts stores as well as fleet services from NY to FL. This contract is expected to bring in well over $3 million annually and, along with our contract with Scully Lemoine, gives us major distribution from Maine to Florida. The opportunity to associate with Capoli gives us instant credibility with both dealerships and auto parts stores throughout the east coast and adds another 17 sales people to our ever growing sales force."
"We are also pleased to announce that we have signed a contract with a 4 dealership group in Georgia with brands including Chevy, Jeep, Toyota and Nissan. Each dealership will take 50 units per month at $200 for a total of $40,000 per month and $480,000 per year."
"As I have stated before we are in the perfect perfect storm of the business cycle as our brands get more and more recognition. Updates on all deals and new revenue contracts to come shortly," CEO Steve Berman concludes.