TLL Proshares Ultrashort Telecommunications

Teletouch Communications, Inc. (AMEX: TLL) announced today that Megatrux Transportation recently used their Teletouch VisionTrax(TM) and GeoFleet(TM) GPS vehicle fleet management system to track and recover a stolen tractor-trailer unit and its cargo. The recovery led police to a warehouse containing numerous stolen goods and the arrests of several members of a cargo theft ring operating out of Pico Rivera, California. "Megatrux invested in the GeoFleet and VisionTrax GPS-satellite tracking system to improve management of our trucking assets," stated Karen C. Pelle, president of Megatrux Transportation Inc., based in City of Industry, CA. "We were very pleased that we were also able to use the system to recover our stolen truck, trailer and all of its contents. This system has become an integral and valuable part of our customer service and dispatch operations." Using the GeoFleet system, Megatrux monitors the location of its truck fleet multiple times daily through GPS location reports transmitted to Low Earth Orbit or "LEO" satellites reporting back to Megatrux Transportation personnel. At 7:00AM on March 26, 2005, a Megatrux driver called the company's dispatch office to report that his loaded truck and trailer had been stolen in Ontario, CA. Megatrux used the location data generated by the GeoFleet system to report the theft to local police. Megatrux then broadcast the stolen trailer information on its proprietary fax and email network to all of its drivers, in California and nationwide. Later, using updated GeoFleet data, Megatrux pinpointed the stolen vehicle location in Pico Rivera, CA, and Los Angeles County authorities converged on the warehouse to discover it full of stolen goods. As a result of this recovery, a large cargo theft ring was uncovered and a number of arrests were made. Teletouch CEO, T. A. "Kip" Hyde, Jr., added, "The GeoFleet suite of hardware and software products allow transportation companies of any size to cost effectively manage their mobile and fleet assets. In this case, we were delighted to learn that Megatrux was able to not only recover their tractor-trailer and cargo, but that authorities were able to find and stop a major criminal enterprise. This is an outstanding example of how GPS location-based technologies can help manage and protect vehicles, property and field personnel." About Megatrux As a leader in the U.S. domestic freight transportation industry, Megatrux Transportation, Inc. offers state-of-the-art technology, software integration, and online trailer tracking to create better operational efficiencies for themselves and their customers. Megatrux Transportation trailers utilize satellite tracking. Megatrux, Inc. warehouses have online visibility of inventory control with 24-hour digitally recorded surveillance. In addition, Megatrux uses EDI communications, complete online load tendering, online trailer and load tracking, online billing, online equipment availability, with online freight/warehouse/distribution quotes, and online payment processing. Megatrux is proud to provide the professional setting, technology and team spirit required to move freight in today's complex and intense transportation and logistics market. To learn more about Megatrux Transportation Inc., Megatrux Inc. or Megatrux Express, Inc., please go to www.Megatrux.com. About Teletouch Teletouch Communications, Inc. provides complete a complete suite of Asset Location Solutions using sophisticated, yet affordable telemetry and GPS-based hardware and software products for fleet management, mobile asset tracking and "worker-down" emergency notification applications. In addition to its telemetry business, Teletouch offers cellular, two-way radio communications and wireless messaging services throughout the United States. Teletouch's common stock is traded on the American Stock Exchange under stock symbol: TLL. Additional product, business and financial information for Teletouch is available at www.Teletouch.com. All statements in this news release that are not based on historical fact are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (which Sections were adopted as part of the Private Securities Litigation Reform Act of 1995). While management has based any forward-looking statements contained herein on its current expectations, the information on which such expectations were based may change. These forward- looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties, and other factors, many of which are outside of our control, that could cause actual results to materially differ from such statements. Such risks, uncertainties, and other factors include, but are not necessarily limited to, those set forth under the caption "Additional Factors That May Affect Our Business" in the Company's most recent Form 10-K and 10-Q filings. In addition, we operate in a highly competitive and rapidly changing environment, and new risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. We disclaim any intention to, and undertake no obligation to, update or revise any forward-looking statement.