Stock Watch: Staples Deal Boosts GoAmerica

GoAmerica, Inc. (Nasdaq: GOAM) rose 1 to 14 9/16 Tuesday after the wireless Internet provider announced an agreement with office-supply retailer Staples, Inc.

Staples will sell GoAmerica products in its stores in major markets, and through Staples.com, its Internet division aimed at small businesses.

“This agreement represents a new distribution channel and puts our offerings in the hands of potential customers,” said GoAmerica Chief Executive Officer Aaron Dobrinsky.

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