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TelePlus Group Goes Public After the Final Closing of Its Acquisition by Texxon Inc.
After Almost a Year of Discussions, Strategic Planning and Corporate Reorganization, TelePlus Group Becomes the Official Subsidiary of Texxon Inc.
LOS ANGELES, CA, Jun 01, 2006 (MARKET WIRE via COMTEX) -- TelePlus Group, a pioneer in the field of international telecommunications, today announced it has officially become a public company concluding the closing of its acquisition deal to become a subsidiary of Texxon Inc. (OTCBB: TXXN). Discussions of the acquisition began on June 15, 2005, and with an experienced management team in place to spearhead the development and marketing of a new product line set for launch next month, Texxon has declared the official closing of the transaction following the issuing of eighty-one million common shares. The closing also appoints Claude Buchert to Chief Executive Officer and Chairman of the Board for Texxon Inc. Buchert will remain at the TelePlus headquarters in Los Angeles, California, as he and a team of skilled telecommunications executives continue to build regional and global customers and partners leveraging the unique and revolutionary TelePlus product offering.
"I am very pleased to announce the completion of this acquisition, which is not an end in itself, but rather a launching point for the next stage of the Company's vision," says Ben Hansel, former CEO of Texxon Inc. "Claude and his highly qualified team are the ideal group to take Texxon Inc. to higher levels, especially with increasing globalization as a major driver for the development of new market opportunities for TelePlus."
TelePlus Group has quickly established itself as a leader in the field of international telecommunications, with its suite of proprietary solutions and professional grade translation/concierge services to the world traveler. A focus on the development of effective, low-cost solutions has resulted in a dynamic product line: OneTouchConnect(TM) and Vocalyz(TM) (to launch in June 2006). TelePlus presents cutting-edge technologies in international communications, most of which are accessible via its OneTouchConnect(TM) solution, tailored to address these and other high demand needs. With a growing telecommunications industry and through potential partnerships with leading global mobile operators such as Nextel, Orange, Sprint, T-Mobile and more, there are enormous possibilities to appeal to multiple mass audiences.
"Texxon is a very active entrepreneurial group having successful experience within the national field of financing and venture capital," says Claude Buchert, CEO of Texxon Inc. "The completion of this acquisition gives TelePlus the financial support and strategic relationships to deploy its suite of international telecom services to a growing untapped travel market."
OneTouchConnect(TM) is a seamless and highly specialized telephone service that bundles reliable, inexpensive international long distance with a wide variety of proprietary, in-language, services for the mainstream international traveler. The TelePlus product provides travelers and tourists with a 24/7 live private assistant who functions as a translator, concierge or emergency dispatch in their native language. The key to the service is "content in-language," delivered through a combination of cutting-edge patent-pending intelligence and telecommunication platform and allows the company to offer direct access to their comprehensive live services in over 120 languages.
TelePlus offers their products and services to various vendors and customers in the telecommunications and travel industries through wholesale applications (service only) or through complete product offerings, consisting of a bundle of product (phone) and service. The flexible business model allows TelePlus to target partners looking to enhance its current product offerings or customers in search of a "complete" means of communications.
About TelePlus Group
TelePlus Inc. (OTCBB: TXXN), DBA TelePlus Group, is a leader in the field of international telecommunications, combining wireless technology and advanced proprietary software with the lowest rates and the highest levels of customer service. The company is dedicated to helping people worldwide through proprietary "content in-language" communications tools and services which delivers the highest level of customer service at user friendly rates. TelePlus Group through its services helps facilitate the expansion of the user's global experiences through business and recreation. TelePlus Group maintains its network operations and primary customer service center at its Los Angeles headquarters. The company also operates several call centers throughout the United States, Europe, and Asia. For more information please visit www.teleplusgroup.com.
This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The risks and uncertainties that may affect the operations, performance development and results of the Company's business include but are not limited to fluctuations in financial results, availability and customer acceptance of our products and services, the impact of competitive products, services and pricing, general market trends and conditions, and other risks detailed in the Company's SEC reports.
Media Contact: Jackie Lacambra TERPIN COMMUNICATIONS (310) 821-6100 x108 jackie*terpin.com
Investor Relations: Ross Nordin TelePlus Group (310) 439-3119 x206 rnordin*1tc.com
posted
TXXN article 1 & DD.....I got this from another fellow poster on another board
BREAKING NEWS!!! StockTalk Journal
URGENT TRADING ALERT!
LETS TALK ABOUT MAKING MONEY NPWS $.80- $3.70 ****Had a move of over 350% TXXN around $.30 ****Projected to move 500-1000%
Our readers had chances to profit all the way up, this just goes to show you, when we send out an alert, we mean it!!!
URGENT TRADING ALERT, TXXN***TXXN***TXXN***TXXN
This company just announced the closing of the Tele-Plus merger, we believe this company has a unique innovative product that has been long over due, and will take the business and travel community by storm. TXXN has already developed some of the necessary relationships with Big Players in this industry, from T-Mobile and Skype domestically and Orange (France Telecom) internationally. We look forward to their product being distributed world wide in the future.
TXXN price (UNDER) .30 cents per share
ACT NOW!!!! FOR BIG PROFITS$$$$$$$$$$$$
As a StockTalk Journal subscriber you get this alert one week before the profile is posted, act now before everyone else gets in. I expect this to crush the dollar mark, in fact I will be disappointed if this doesn’t earn you 500-1000% gains, in the short term, and will outline the reasons why in my profile
TelePlus Group Goes Public After the Final Closing of Its Acquisition by Texxon Inc. After Almost a Year of Discussions, Strategic Planning and Corporate Reorganization, TelePlus Group Becomes the Official Subsidiary of Texxon Inc. LOS ANGELES, CA -- (MARKET WIRE) -- 06/01/06 -- TelePlus Group, a pioneer in the field of international telecommunications, today announced it has officially become a public company concluding the closing of its acquisition deal to become a subsidiary of Texxon Inc. (OTCBB: TXXN). Discussions of the acquisition began on June 15, 2005, and with an experienced management team in place to spearhead the development and marketing of a new product line set for launch next month, Texxon has declared the official closing of the transaction following the issuing of eighty-one million common shares.
The closing also appoints Claude Buchert to Chief Executive Officer and Chairman of the Board for Texxon Inc. Buchert will remain at the TelePlus headquarters in Los Angeles, California, as he and a team of skilled telecommunications executives continue to build regional and global customers and partners leveraging the unique and revolutionary TelePlus product offering.
"I am very pleased to announce the completion of this acquisition, which is not an end in itself, but rather a launching point for the next stage of the Company's vision," says Ben Hansel, former CEO of Texxon Inc. "Claude and his highly qualified team are the ideal group to take Texxon Inc. to higher levels, especially with increasing globalization as a major driver for the development of new market opportunities for TelePlus."
TelePlus Group has quickly established itself as a leader in the field of international telecommunications, with its suite of proprietary solutions and professional grade translation/concierge services to the world traveler. A focus on the development of effective, low-cost solutions has resulted in a dynamic product line: OneTouchConnect (TM) and Vocalyz(TM) (to launch in June 2006). TelePlus presents cutting-edge technologies in international communications, most of which are accessible via its OneTouchConnect(TM) solution, tailored to address these and other high demand needs. With a growing telecommunications industry and through potential partnerships with leading global mobile operators such as Nextel, Orange, Sprint, T- Mobile and more, there are enormous possibilities to appeal to multiple mass audiences.
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New issue set to take advantage of the multi billion dollar international travel communications sector. TXXN.OB
“We hit the mark on our last 2 picks, more than 300% in trading price shortly after profiled, giving investors a chance to turn $5,000 into $20,000 or more quickly!!!” $$$$$$$
TXXN out of the R&D phase is getting ready to open up markets after successfully testing their product. This Global product should be accepted quickly by the international business community allowing TXXN to dominate this new market and become the next great Telecom pioneer.
Armed with agreements from SKYPE (NASD-EBAY), Orange and other Telcom giants, this stock is poised for Explosive growth and is priced to BUY NOW up to $2.00 per share. This company just went public and should have a lot of news in the pipeline. Once the news is out it will be too late EARLY PROFITS GET IN FIRST!!! Remember, we look at hundreds of companies and pass on most. If we are not writing about it, its usually not worth reading. Sign up and get a free trial of our news letter. Everyone remembers the run RIMM had (EST) $5.00 to around $150.00 before splitting 2 for 1 and then running to $103.00 again!! This goes to show you what can happen if the street picks up the stock, and people embrace a new technology. $ 5,000 dollars in this company at the right time could have made you $145,000 dollars Richer!! Everyone loves the crack berry!!
The 4 Biggest reasons to own TXXN before it hits $2.00
TXXN is about to hit the ground running and should be a revenues giant and, perhaps more importantly, because it is not mired by excessive debt (est. 900k during the R&D phase) it can quickly become an earnings monster. TXXN would only need to generate annual sales of just $10 million to hit approximately $5 million in earnings, or about 20 cents per share.
TelePlus operates in the very sexy Wireless Telecommunications Industry. The average multiple for theWireless elecommunications Industry is well over 25. Using a multiple of 25, only about a third of the Wireless Telecommunications Industry recent average, and multiply it by 20 cents per share we easily establish a $5 stock price. Furthermore, TelePlus could earn that kind of income from just one market, and they are looking at dominating many markets.
That could turn a $1,000 investment into $10,000 or more – a gain of 900%! How? Considering the fact that the global telecommunications market accounts for annual revenues of more then $2.5 trillion, and growing fast, TXXN would only have to do a minuscule portion to hit serious earnings.
TXXN's agreement list is already a “Who’s Who” of telecom. TXXN has teamed up with some of the world’s leading telecoms right now.
TelePlus provides a broad range of international communications solutions; most are accessible through its cutting edge “1 Touch Connect” technology.
"Its first to market position will aid its march to become the dominant player and, literally, serve up hundreds of millions of opportunities to capture the international travel market and beyond. The quickly expanding global telecommunications market is expected to continue its rapid growth for many years to come."
THE MAN WITH THE PLAN
Claude Buchert, President, CEO and Founder has a track record of success
Claude Buchert has more than 30 years of successful international entrepreneurial experience. In addition to his general management experience, Buchert has extensive business development, marketing, strategy and engineering experience in the telecommunication industry.
Buchert has patented innovative technologies and founded several successful companies including, France Application, a chemical and industrial products company, which he sold to 3M.
Buchert also founded Concord Development, land and real estate developer, and Atlantis Group, a company that specialized in the high-tech transformation of milk into dairy products. Under Buchert’s leadership, Atlantis Group quickly captured 5 percent of the yogurt market in California and it was sold to Besnier, a large European international group.
Buchert founded INET, a developer of innovative telecommunication services, ten years ago, creating a base of 60,000 customers. He sold the company to Telis and Atlas Telecommunication group, an international provider of high-tech networks operating in 22 countries.
Buchert continues to deploy his energy, enthusiasm and expertise by recently creating TelePlus Group, producing innovations and new standards in the international land and wireless telecommunication industry and changing the way international travelers perceive the safety and convenience of their trips and vacations.
Key Drivers for the Product
International Telecommunications Market
The International telecommunications market outside the United States is estimated to be valued at over $1.5 trillion and is expected to reach over $2 trillion by 2008 and continue the double-digit growth it has enjoyed since 2004.
The US market is expected to eclipse the $1 trillion mark by 2008.
The international telecommunications market has been growing faster then the US market and demand for mobile and wireless service is expected to continue to fuel the higher growth rate.
Worldwide, the cell phone market has already exceeded 2 billion subscribers. Furthermore, it’s estimated that more than 100 million 3G phones will be sold in 2006 and more than 200 million smart phones will be sold in 2008.
International Travel Market
The global market for international travelers is estimated to be greater than 700 million users. The USA , with 44 million international visitors, ranks in the top five along with France , Spain , Italy and China .
International Commerce Market
The scale of international commerce market is virtually unfathomable; its value is literally in the trillions, plus the size of the US trade deficit is at record levels and growing like a weed!
TXXN (Teleplus) already has strategic relationships and contracts to work with the big boys in the industry I.E. TelePlus' economic strategy as an MVNO aggregator will also generate a greater realm of U.S. coverage for customers through access to the established Pinpoint MVNO relationships with the U.S. T-Mobile GSM network and host of other domestic roaming partner relationships. Also do not forget Skype, Pin-Point, Sprint, and Orange . Some of which are currently teamed up with TelePlus' low cost concierge/translator product, 1 touch connect(TM).
Access to the Billion Dollar VOIP market
TelePlus Group services can also be accessed by VOIP users. In fact, Skype eBay’s (NASDAQ: EBAY) VOIP product, selected 1TouchConnect to provide its pay-for-use translation services.
Product Launch Campaign.
"1 Touch Connect(TM)" has a unique global software web E-Z sales system (effortless for sales agents.) monitoring electronically, sales, phone activation, delivery, commission, customer support etc.
Other important markets in development are: Europe, South America, and China.
TelePlus Group has further delineated specific foreign travelers to go after first. These include Japanese traveling to the USA, France, and Europe; Americans traveling to Europe; and Europeans traveling to the USA.
The product has been successfully Beta tested in the important and highly active Japan-to-USA travel market. It is distributed by a subsidiary of the largest travel agency in Japan. This exposes TelePlus Group to 30% of its targeted Japanese travel market.
For this test market, 1TouchConnect technology is loaded on an inexpensive CDMA enabled cell phone, which is sold, rented, or provided free to the Japanese traveler under package deals. Even though GSM is the future, this test validated that consumer acceptance is good.
In the European and USA rollout scheduled for 2006, the technology will be loaded in a readyto- purchase GSM-enabled phone or on SIM cards that can be inserted into the user’s own GSM enabled phone so they can dial directly.
Potential Customer Segments
Business traveler Leisure traveler Government traveler Other applications
Strategic Alliances.
Skype recently tapped TelePlus and joins Nextel, Orange , Sprint and T-Mobile. The Company believes it will have numerous Joint Venture, merger, strategic alliance and acquisition opportunities.
Channel Strategy
The Company will utilize a wide array of channels to move its 1TouchConnect phones and SIM cards. These may include:
Travel agencies Mall Kiosks Web Sites Insurance Companies Travel Web Sites Vending Machines Skype Hotels Sky Mall Google Travel Bureaus Airlines Yahoo Rental Car Companies Mobile Operators Agents Banks Distributors Trade Associations Guide de Routard Telco Boutiques Welcome Centers Mileage Companies Airports Core Product Mobile Phones Conference Calling Companies Vending Machine Distribution
A key component of the Company’s distribution and marketing strategy will be the use of self-service vending machines. TelePlus Group has identified a vendor that supplies state-of-the-art devices that are completely self-service. These machines can be used to purchase phones and/or SIM cards as well accept the returned devices. The vending machines are networked through wireless or Ethernet connections and provide real-time reporting capabilities. They allow for a wide range for payment options and users can also recharge their phone credits by waving the phone in front of a device.
Texxon’s Buy rating is based on the difference in price between TXXN’s current stock price and the Company’s implied intrinsic value, as a result of the Company’s merger and in consideration of the accompanying meaningful events.
Our focus at HIGH ROLLER is to provide our members with comprehensive information on investment opportunities in small and micro cap stocks. We feature 5 to 10 companies, per year, which we believe have the ingredients for significant appreciation, our target is to find the gems with the potential for 500% gain, or greater, over the next few years. There is no charge for this membership.
To be among the first to find out about our next great idea, you must enroll for our alert. There is no charge for this membership and comes regularly via email.
We believe that these initiatives from TXXN offer a huge opportunity for investors. If they continue to successfully execute their game plan TXXN has the potential to make you 5 times your money, even 10 to 20 times your money, but only for those who act!
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The 81 million shares for the teleplus aquisition (if convered into common shares) carry a 1 year Rule 144 legend so they are not tradable for another 12 months
What is good to know is that even fully diluted (once those shares are tradable in a year) is that TXXN only has 115 million shares O/S which is decent. Most OTCBB plays have sometimes up to billions of shares o/s
Since those 81 million shares are restricted there are only about 34 million shares tradable and the float is much less!
Name and Address Number of Shares Percentage ---------------- ---------------- ---------- Claude Buchert 1,223,284 1.1% 11041 Santa Monica Blvd., #317 Los Angeles, CA 90025
James W. Gibson -0- (1) 0% 684 Glenmore Blvd. Glendale, CA 91206
Helene Legendre 10,191,724 8.9% 1810 Palisades Drive Pacific Palisades, CA 90272
Ross A. Nordin -0- (2) 0% 149 S. Barrington, #246 Los Angeles, CA 90049
Texxon, Inc.'s Recently Acquired Subsidiary TelePlus Group to Launch GSM Service Platform for Japanese Tourist Market in July 2006 6/6/2006
With a Successful CDMA Beta Test and Support From the Established In-Country Japanese Sales Channel, the GSM Model Is Ready for Prime Time
LOS ANGELES, CA, Jun 06, 2006 (MARKET WIRE via COMTEX News Network) -- TelePlus Group, a pioneer in the field of international telecommunications, today announces the official launch date of July 1st, 2006 for its GSM (Global System for Mobile Communications) application in the US. The GSM feature will enhance the already efficient foreign language assisted services offered through the TelePlus 1TouchConnect(TM) (1TC) product, by creating user-friendly functions including proprietary SIM (Subscriber Identity Module) card applications, wider roaming and coverage areas, Enhance Data Rates for GSM Evolution (EDGE), direct dial access from handset for voice and services and more. TelePlus Group is a subsidiary of Texxon, Inc. (OTCBB: TXXN).
The strong economic strategy of TelePlus as an MVNO (Mobile Virtual Network Operator) aggregator has allowed it to establish relationships with multiple wireless carriers, including T-Mobile, who will provide the backbone to enable wireless connectivity in 90% of America. A greater realm of US coverage for customers and a new GSM application enable users to take advantage of personalized SIM card offerings. These features, when bundled with unique multi-language concierge and interpreter services, provide a reliable and inexpensive way to stay connected. The GSM service platform opens doors of opportunity by allowing wider coverage in rural areas, low-cost international roaming, and customized SIM applications of address books, personal content, and more.
"As the GSM telecommunications market continues to provide outstanding consumer benefits, now is the time to offer a competitive product/service that provides predominant coverage and connection," says Claude Buchert, CEO of TelePlus Group. "Having successfully validated our service model with a CDMA (Code Division Multiple Access) beta test, we are now ready to capitalize on the growing GSM market. The TelePlus cutting-edge 1TC concierge/translator service coupled with the dynamic SIM functionality creates a complete user-friendly experience with more content options and solutions for the international traveler."
TelePlus focuses on the development of low-cost international communication solutions. OneTouchConnect(TM) is a seamless and highly specialized telephone service that bundles reliable, inexpensive international long distance with a wide variety of proprietary, in-language, services for the mainstream international traveler. The TelePlus product provides travelers and tourists with a 24/7 live private assistant who functions as a translator, concierge or emergency dispatch in their native language. The key to the service is "content in-language," delivered through a combination of cutting-edge patent-pending intelligence and telecommunication platform and allows the company to offer direct access to their comprehensive live services in over 120 languages.
TelePlus offers their products and services to various vendors and customers in the telecommunications and travel industries through wholesale applications (service only) or through complete product offerings, consisting of a bundle of product (phone) and service. The flexible business model allows TelePlus to target partners looking to enhance its current product offerings or customers in search of a "complete" means of communications.
About TelePlus Group
TelePlus Inc., a subsidiary of Texxon, Inc. (OTCBB: TXXN), DBA TelePlus Group, is a leader in the field of international telecommunications, combining wireless technology and advanced proprietary software with the lowest rates and the highest levels of customer service. The company is dedicated to helping people worldwide through proprietary "content in-language" communications tools and services which delivers the highest level of customer service at user friendly rates. TelePlus Group through its services helps facilitate the expansion of the user's global experiences through business and recreation. TelePlus Group maintains its network operations and primary customer service center at its Los Angeles headquarters. The company also operates several call centers throughout the United States, Europe, and Asia. For more information please visit www.teleplusgroup.com.
This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The risks and uncertainties that may affect the operations, performance development and results of the Company's business include but are not limited to fluctuations in financial results, availability and customer acceptance of our products and services, the impact of competitive products, services and pricing, general market trends and conditions, and other risks detailed in the Company's SEC reports.
Media Contact: Jackie Lacambra TERPIN COMMUNICATIONS (310) 821-6100 x108 jackie*terpin.com Investor Relations: Ross Nordin TelePlus Group (310) 439-3119 x206 rnordin*1tc.com
Teleplus Group, Subsidiary of Texxon, Inc., Adds Wireless Brand Vocalyz(TM) to Proprietary "In-Language" Telecomm Service/Product Line-Up
Building on the Dynamic 1TouchConnect(TM) Non-Celluar VoIP Brand, Available via Networks Like Skype, TelePlus Introduces Vocalyz as the New Face of Its Recent GSM Service
LOS ANGELES, CA, Jun 12, 2006 (MARKET WIRE via COMTEX) -- TelePlus Group, a pioneer in the field of international telecommunications, today announced the official launch of its new wireless access and GSM service brand, Vocalyz(TM). The new cellular telephone product/service will be the face of TelePlus' wireless product offering, including the recent announcement of the GSM platform. Vocalyz joins the already well-known 1TouchConnect(TM) non-cellular/VoIP feature which is currently available as a Skype added business-service at http://share.skype.com/directory/live_usa_concierge_by_1tc/view/. Vocalyz adds to the dynamic TelePlus product/service line-up creating awareness and differentiation among competitors in the telecommunications market and opens doors to various business opportunities. TelePlus Group is a subsidiary of Texxon, Inc. (OTCBB: TXXN). "We are excited to add Vocalyz to our list of cutting-edge telecommunications products and services," says Claude Buchert, CEO of TelePlus Group. "We anticipate the grouping of Vocalyz and 1TouchConnect to target all arenas of the phone services space (VoIP, cellular wireless/GSM) and give us efficient market entry to create a long lasting appeal to the consumer travel and international business markets."
TelePlus Group recently acquired by Texxon, Inc. on May 31st, 2006, has been aggressively growing and expanding market reach through efficient operations, strategic VAR/MVNO partnerships, and revolutionary product offerings. The goal is to penetrate several telecommunication channels and provide stream-lined solutions for multiple customers.
TelePlus focuses on the development of low-cost international communication solutions. Vocalyz(TM) is a seamless and highly specialized telephone service that bundles reliable, inexpensive international long distance with a wide variety of proprietary, in-language, services for the mainstream international traveler. The TelePlus product provides travelers and tourists with a 24/7 live private assistant who functions as a translator, concierge or emergency dispatch in their native language. The key to the service and differentiating feature is "content in-language" from the start, delivered through a combination of cutting-edge patent-pending intelligence and telecommunication platform and allows the company to offer direct access to their comprehensive live services in over 120 languages.
TelePlus offers their products and services to various vendors and customers in the telecommunications and travel industries through wholesale applications (service only) or through complete product offerings, consisting of a bundle of product (phone) and service. The flexible business model allows TelePlus to target partners looking to enhance its current product offerings or customers in search of a "complete" means of communications.
About TelePlus Group
TelePlus Inc., a subsidiary of Texxon, Inc. (OTCBB: TXXN), DBA TelePlus Group, is a leader in the field of international telecommunications, combining wireless technology and advanced proprietary software with the lowest rates and the highest levels of customer service. The company is dedicated to helping people worldwide through proprietary "content in-language" communications tools and services which deliver the highest level of customer service at user friendly rates. TelePlus Group through its services helps facilitate the expansion of the user's global experiences through business and recreation. TelePlus Group maintains its network operations and primary customer service center at its Los Angeles headquarters. The company also operates several call centers throughout the United States, Europe, and Asia. For more information please visit www.TelePlusgroup.com.
This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The risks and uncertainties that may affect the operations, performance development and results of the Company's business include but are not limited to fluctuations in financial results, availability and customer acceptance of our products and services, the impact of competitive products, services and pricing, general market trends and conditions, and other risks detailed in the Company's SEC reports.
Media Contact: Jackie Lacambra TERPIN COMMUNICATIONS (310) 821-6100 x108 jackie*terpin.com
Investor Relations: Ross Nordin TelePlus Group (310) 439-3119 x206 rnordin*1tc.com
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