posted
VXBX -- Voxbox World Telecom, Inc. Com ($0.001)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
VoxBox World Telecom, Inc. Announces New Business Plan to Focus on Software (Telecom-Related and Other Applications) and Operational Restructuring to Boost Performance to Increase Shareholder Value
VANCOUVER, BC, Nov 29, 2006 (MARKET WIRE via COMTEX) -- VoxBox World Telecom, Inc. ("VoxBox" or "Company"), (PINKSHEETS: VXBX) announces today the Company is confident enough on its plans to acquire the previously announced supercomputing software company that it is planning to focus its new business plan around this potential acquisition. Specifically, the Company's new business plan will focus on software development and sales, including software for aspects of the telecom industry. Considering the margins and growth potential in the software industry, management feels this focus gives the Company the best opportunity and long-term outlook to boost performance and increase shareholder value.
In line with implementing the new business plan, the Company also announces additional operation restructuring plans that may be implemented upon closing of its prospective acquisition. These operational restructuring plans may include, but are not limited to, the addition of new management and board directors; significantly reducing debt from the Company through various measures such as the sale of underperforming subsidiaries; and a continued effort to focus the business plan around the software development and sales of its planned acquisition.
Romeo Prescott, CEO, VoxBox World Telecom, Inc., said: "The future for the Company is bright with its planned new focus and direction, and future plans for enhancing the management team and board of directors. I look forward to working hard to make these things a reality for the benefit of the shareholders."
The Company looks forward to the announcement of key developments as they take place.
All trademarks, trade names, and service marks mentioned herein belong to their respective owners. This release contains forward-looking statements that involve risks and uncertainties. Statements in this news release, other than historical data, are considered forward-looking statements under the Private Securities Litigation Reform Act of 1995. The company's actual results could differ materially from those anticipated in these forward-looking statements as a result of certain factors uncontrollable by the company. This announcement does not constitute an offer to sell or the solicitation of offers to buy any security and shall not constitute an offer, solicitation or sale of any security in any jurisdiction in which such offer, solicitation or sale would be unlawful.
SOURCE: VoxBox World Telecom, Inc.
Copyright 2006 Market Wire, All rights reserved.
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SUBJECT CODE: Financial Services:Commercial and Investment Banking Financial Services:Insurance Financial Services:Investment Opinion Financial Services:Venture Capital Financial Services:Personal Finance Financial Services:Retail Banking Financial Services:Investment Services and Trading
-------------------- Buy when blood runs in the streets Posts: 1370 | From: lucedale ms usa | Registered: Dec 2004
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posted
I had a spam email on this one this AM. Up 125%. Missed the boat on this one. Congrats.
Posts: 2309 | From: Minnesota | Registered: Feb 2006
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posted
VXBX -- Voxbox World Telecom, Inc. Com ($0.001)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
VoxBox World Telecom, Inc. Provides Info About Its Acquisition Target, Software Company, Talon Corporation; Including Info on Talon's Recent Supercomputer Installation for the New York Transit Authority
VANCOUVER, BC, Dec 04, 2006 (MARKET WIRE via COMTEX) -- VoxBox World Telecom, Inc. ("VoxBox" or "Company") (PINKSHEETS: VXBX) today provides more information on its acquisition target, Talon Corporation (www.taloncorporation.com) ("Talon"). The following are some of the highlights of Talon Corporation:
-- Talon builds the software that makes supercomputers and networks run faster and telecommunications more business efficient. Talon has maintained a lead in both the Supercomputing and Networking arenas.
-- Talon recently completed a quality revenue generating software/hardware installation for the New York Transit Authority for arguably the largest construction project in North America. The installation was the deployment of a supercomputer to test feasibility in the multiple year long design phase of the Subway Project in New York.
-- Talon is currently completing the first phase of development for an innovative cost effective data backup application for longtime client Data Assure.
-- Talon will continue the development project contracted at the beginning of this year for software that tests the various factors of silicon chips.
-- Talon's NimbusOS is the most secure and fastest Supercomputing Operating System developed and available today.
-- A good portion of Talon's clients and upcoming client projects are from the areas of education, government, military and Fortune 500.
-- Talon generates revenues from the following main lines of business:
-- Supercomputer software and hardware sales and service contracts -- Software development -- Licensing royalties from various intellectual property rights
The Company feels Talon is a business that has immense revenue and profit potential that creates a great outlook for potential earnings and increases in shareholder value. The Company looks forward to announcing more developments as they occur and more information about Talon as the transaction reaches key milestones. The Company recently entered into a Letter of Intent to acquire Talon. Although the Company is confident in its plan to move towards a closing of this targeted acquisition, no assurance can be given that the Company will enter into a definitive agreement with Talon or that the Company will be able to fulfill its obligations under the planned definitive agreement.
All trademarks, trade names, and service marks mentioned herein belong to their respective owners. This release contains forward-looking statements that involve risks and uncertainties. Statements in this news release, other than historical data, are considered forward-looking statements under the Private Securities Litigation Reform Act of 1995. The company's actual results could differ materially from those anticipated in these forward-looking statements as a result of certain factors uncontrollable by the company. This announcement does not constitute an offer to sell or the solicitation of offers to buy any security and shall not constitute an offer, solicitation or sale of any security in any jurisdiction in which such offer, solicitation or sale would be unlawful.
SOURCE: VoxBox World Telecom, Inc.
Copyright 2006 Market Wire, All rights reserved.
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SUBJECT CODE: Computers and Software:Software Telecom:Cable and Satellite Services Telecom:Wireless Telecom:Telecommunication Equipment Telecom:Telecommunication Services Telecom:Networking
-------------------- Buy when blood runs in the streets Posts: 1370 | From: lucedale ms usa | Registered: Dec 2004
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