Voiceserve Sells Termination Minutes in Europe
February 4th, 2008 Leave a comment Visited 31 times, 1 so far today
Voiceserve, Inc. (OTCBB:VSRV), a UK-based company targeting resellers and end users with VoIP and Pay As You Go services, today announced it won its first contract selling termination minutes to a major European Post, Telephone and Telegraph administration (PTT). Voiceserve can now partake in the global exchange of minutes on the wholesale level, where trillions of minutes are traded annually. Management expects this will add to the company’s revenues and profitability.
Michael Bibelman, CEO of Voiceserve, commented, “VoIP companies normally stick to VoIP because they are limited within their own infrastructure. However, the Voiceserve technology is built to cover nearly the entire spectrum of the telecom industry including the exchange of minutes on the wholesale level. Trading minutes is a huge business and we will be a part of it by servicing the PTTs that handle the exchange of minutes. In addition to this stellar achievement, our recently acquired VoipSwitch will be unveiling the next version of its ‘softphone’ software called Vippie, later this month.”
About Voiceserve, Inc.
Voiceserve is a UK-based provider of low-cost Pay as You Go and prepaid cell phone services via the Internet to customers primarily in Europe, the Middle East and Africa. Products include Voice over Internet Protocol (VoIP) airtime minutes bundled with optional convenient features, including virtual numbers, direct dial, web callback, and call forwarding. Customers can purchase local virtual numbers, from 29 countries with as many as 50 different cities in a single country, on one Voice SIM card. Access to Voiceserve’s network allows customers savings on average up to 85% on international calls. For more information, visit http://www.voiceserve.com.
An investment profile about VSRV is located at http://www.hawkassociates.com/vsrvprofile.aspx. Other information for investors including free e-mail alert notifications, are available at http://www.hawkassociates.com and http://www.americanmicrocaps.com.
For investor relations, contact Ken AuYeung or Frank Hawkins, Hawk Associates, at 305-451-1888, e-mail: info {at} hawkassociates(.)com.
This release contains certain forward-looking statements which involve known and unknown risks, uncertainties or other factors not under the company’s control, which may cause actual results, performance or achievements of the company to be materially different from the results, performance or other expectations implied by these forward-looking statements. These factors include, but are not limited to, those detailed in the company’s periodic filings with the Securities and Exchange Commission.
Contacts
For Voiceserve, Inc., New York
Investor Relations:
Hawk Associates
Ken AuYeung or Frank Hawkins, 305-451-1888
info {at} hawkassociates(.)com
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