PRIME TIME GROUP INC., & PR7 INC., ANNOUNCE EXPANSION PLANS TO PUERTO
RICO
FT. LAUDERDALE, December 18TH, 2006 - Prime Time Group Inc.,
(PINKSHEETS: PRTH), ("the Company") is pleased to announce expansion
to Puerto Rico with its interest and partner PR7 Inc. (the 7- Eleven
asset of the company).
"We are pleased to announce that on the basis of the committed
expansion of the PR7 Inc.'s 7-Eleven assets and with their
outstanding performance this Christmas season we intend to distribute
wireless products, services and accessories through their 7-Eleven
network in Puerto Rico." says Dallas Robinson CEO Prime Time Group
Inc.
Currently PR7 Inc. owns several properties and 14 locations in Puerto
Rico, with revenues in 2005 nearly topping 18 million dollars. "We
are expecting record revenues this December that have allowed us to
pursue our growth strategy." says Armando Del Valle President of PR7
Inc. "we have completed our negotiations and will be opening three
new locations in the first quarter of 2007 including one in the
Escorial Plaza, one of the largest retail environments in all of
Puerto Rico." He adds, "Based on our changes and the success of our
new model we are expecting more than $24 million dollars in revenue
in 2007."
Prime Time Group Inc., intends to distribute Virgin Mobile products
and services through the 7 Eleven stores. "Using their (PR7 Inc.'s)
access to the market, we will distribute our lines of accessories and
products, including online content that will make us one of the
largest prepaid carriers in the market." says Troy Metz President of
Prime Time Group Inc., "modeling this approach from some successful
examples in North America, we are positioned for great returns from
our partner that should make our first quarter results in 2007 better
than expected."
The announcement of the launch dates will be made public later in
December, but will be in the later part of January 2007.
ABOUT PRIME TIME GROUP INC.
Robinson Wireless is a forward thinking company that focuses on
wireless products and services for today's youth market. By using
retail, wholesale and internet delivery channels, the company has
found unique ways to deliver the phones, accessories, mobile media
and mobile games that are desired by a growing marketplace. In doing
so it has established relationships with carriers such as Virgin
Mobile, fido, Sprint, and their own line of products such as Cherry
Red Accessories and a content and e-commerce division that is online
and will be announced shortly.
Robinson Wireless/ Prime Time Group Inc., is currently investigating
growth opportunities in Australia, Latin America, the Caribbean,
Puerto Rico and the Dominican Republic as well as the developing
markets in Asia.
PR7 Inc., operates 14, 7-Eleven convenience stores in San Juan,
Puerto Rico. Prime Time maintains its interest in PR7 Inc. Armando
Del Valle was appointed President of the company in late June of 2006
and was chartered to maximize profitability and position the company
for expansion. The profitability goals are about to be reached in
December 2006 and the company has identified three locations for
expansion in early 2007. By the end of 2007 the company hopes to
conclude the first phase of expansion and intends to have in excess
of 25 stores.
Prime Time Group Inc.
Visit: www.primetimestores.com
Robinson Wireless Holdings
Visit: www.robinsonwireless.com
Contact Investor Relations:
Paul Deriso, Investor Relations, 1-925-465-6088, or
paul@coreconsultinggroup.com
Troy Metz
1-561-584-1427
ir@primetimestores.com
Legal Notice Regarding Forward Looking Statements
The statements in the press release that relate to the company's
expectations with regard to the future impact on the company's
results from acquisitions or actions in development are
forward-looking statements, within the meaning of the Private
Securities Litigation Reform Act of 1995. The statements in this
document may also contain "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E
of the Securities Exchange Act of 1934. Since this information may
contain statements that involve risk and uncertainties and are
subject to change at any time, the company's actual results may
differ materially from expected results.