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Investology Research Update: Reinforces Its Positive Investment Outlook In TelePlus
By Market Wire Last Update: 11/29/2005 6:00:04 AM Data provided by
MONTREAL, QC, Nov 29, 2005 (MARKET WIRE via COMTEX) -- TelePlus Enterprises, Inc. (TLPE) (Frankfurt: YT3) (http://www.teleplus.ca) is pleased to announce that Investology has released an updated research report on the Company reinforcing its positive investment outlook and 12-month price target. The report outlines the Company's Q3 record performance in which the Company announced over 100% revenue growth, positive earnings before depreciation, amortization, interest and taxes ("EBITDA") for the first time in 2 years and for the second quarter in a row achieved a positive cash flow from operations. Q3 results were announced last Tuesday Nov 15th 2005.
TelePlus Enterprises, Inc. ("TelePlus") is a provider of Wireless and Telecom products and services across North America. TelePlus Connect, Corp. - is a reseller of a variety of Telecom services including landline, long distance and internet services. TelePlus Wireless, Corp. - operates a virtual wireless network selling cellular network access to distributors in the United States. TelePlus Retail Services, Inc. - owns and operates a national chain of TelePlus branded stores in major shopping malls, selling a comprehensive line of wireless and portable communication devices.
The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties, including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development and acquisition of new product lines and services, government approval processes, the impact of competitive products or pricing from technological changes, the effect of economic conditions and other uncertainties, and the risk factors set forth from time to time in the Company's SEC reports, including but not limited to its annual report on Form 10-KSB; its quarterly reports on Forms 10-QSB; and any reports on Form 8-K. TelePlus Enterprises, Inc. takes no obligation to update or correct forward-looking statements.
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TelePlus Signed on Three Municipal Government Service Agreements Tuesday April 11, 6:30 am ET
MONTREAL--(MARKET WIRE)--Apr 11, 2006 -- TelePlus Enterprises, Inc. (OTC BB:TLPE.OB - News) (Frankfurt:YT3F.F - News) (http://www.teleplus.ca) ("TelePlus" or the "Company") is pleased to announce that its wholly-owned subsidiary, Telizon Inc. ("Telizon"), part of the Company's Telecom division, has recently signed service contracts with three municipal governments. TelePlus is to provide a full suite of telecommunication services to these municipalities. Services include Centrex Lines, Unique Lines, long distance services and enhanced financial management capabilities through customized invoicing packages. The municipalities are the County of Lennox & Addington, headquartered in Napanee, Ontario; The Town of Blue Mountain, headquartered in Thornbury, Ontario; and The Mohawks of the Bay of Quinte, headquartered in Deserento. "TelePlus is pleased to welcome these new municipalities to our client base and offer them cutting-edge telecommunication services. This demonstrates that we continue to win public bids in a highly competitive market. This type of business will add to our bottom line," said Marius Silvasan, CEO of TelePlus.
TelePlus Enterprises, Inc. ("TelePlus") is a provider of Wireless and Telecom products and services across North America. TelePlus Connect, Corp. -- is a reseller of a variety of Telecom services including landline, long distance and internet services. TelePlus Wireless, Corp. -- under the brand name "Liberty Wireless" -- operates a virtual wireless network selling cellular network access to distributors in the United States. www.telepluswireless.com,www.libertywireless.com and www.vivaliberty.com are among some of the websites operated by TelePlus.
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The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties, including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development and acquisition of new product lines and services, government approval processes, the impact of competitive products or pricing from technological changes, the effect of economic conditions and other uncertainties, and the risk factors set forth from time to time in the Company's SEC reports, including but not limited to its annual report on Form 10-KSB; its quarterly reports on Forms 10-QSB; and any reports on Form 8-K. TelePlus Enterprises, Inc. takes no obligation to update or correct forward-looking statements.
RedChip Visibility Issues Quarterly Update On TelePlus Enterprises, Inc.
PrimeZone "PrimeZone "
ORLANDO, Fla., Jan. 10, 2007 (PRIME NEWSWIRE) -- RedChip Visibility, a division of RedChip Companies, announced today that it has issued a research update on TelePlus Enterprises, Inc. (OTCBB:TLPE).
Jin Xing, MBA, CFA Level 1 Candidate, RedChip Research Analyst, wrote in the report:
"Revenue for the nine months ended Q3 FY06 surged to $19 million as compared to $4.2 million for the same period in FY05, representing a 346 percent increase. This increase was attributed to strategic acquisitions made by the Company since June, 2005, as well as an increase in demand for prepaid service. TLPE generated $5.8 million of revenue in Q3 FY06, up 57 percent from the same quarter figure one year prior. Meanwhile, the Company experienced an operating loss of $557,633 in Q3 as compared to an operating income of $81,724 in the comparable quarter last year. The loss was attributed to costs associated with the launch of its MX mobile brand. Since Q3 ended following the launch of the new brand, total costs were incurred and recognized in Q3, while only a small portion of the revenue was captured from the new brand rollout. Management believes that TLPE is well positioned to capitalize on the anticipated strong demand for MX mobile products in Q4 and beyond."
RedChip Visibility Research, a division of RedChip Companies Inc., writes fundamental research on small-cap companies. RedChip's success has been documented in Forbes, Barron's and the Wall Street Journal. At RedChip, achieving better visibility starts with a thorough understanding of our client's corporate profile, financial landscape, and institutional perception.
Any opinions expressed herein are subject to change. RedChip Companies Inc. is an affiliate of the Aurelius Consulting Group, Inc. TelePlus Enterprises, Inc. is a client of the Aurelius Consulting Group, Inc. and of RedChip Visibility, a division of RedChip Companies. TLPE paid RedChip Visibility $15,000 for this report and 15,500 shares of Rule 144 stock for the RedChip Visibility program. RedChip Visibility, a division of RedChip Companies, Inc., and the Aurelius Consulting Group Inc., in a joint marketing agreement have been contracted by TelePlus Enterprises, Inc. to increase investor awareness of TLPE to the small-cap equity community. These services may include investor conferences and digital and print distribution of TLPE investor related materials. RedChip Visibility and the Aurelius Consulting Group Inc. will receive $8,000 per month and 15,800 shares of Rule 144 stock quarterly for these services.
MIAMI, FL -- (MARKET WIRE) -- 01/10/07 -- TelePlus World, Corp. (OTCBB: TLPE) (FRANKFURT: YT3) (www.teleplusworld.com), a wireless and telecom reseller offering specialized communications products and services in the U.S. and Canada, is pleased to announce that it has appointed PKF, Certified Public Accountants, a Professional Corporation ("PKF"), as its new accountants effective January 8th, 2007.
"We are very pleased to have elected PKF as our new auditors. PKF's solid reputation, familiarity with telecommunications companies and especially their proximity to our new corporate offices in Miami, FL and their affiliate relationship in Toronto, Canada, where TelePlus World operations are located, made them a logical choice as we move forward. We would like to thank Mintz & Partners, LLP ("Mintz") for having been our very capable auditors for the last 2 years," commented Marius Silvasan, TelePlus' CEO and Chairman.
PKF replaces Mintz who were the Company's auditors through January 5, 2007. TelePlus World's Board members representing the Audit Committee believe it is in the best interests of the company and its shareholders to have an auditor that has offices in place to serve both TelePlus' Florida headquarters and its operating office in Canada. For full details investors are invited to read the Company 8K filed yesterday.
About TelePlus World, Corp.
TelePlus World, Corp. ("TelePlus") (OTCBB: TLPE) (http://www.teleplusworld.com) is a diversified North American telecommunications company that is a leading provider of wireless and telecommunications products and services. TelePlus, founded in 1999, has continued to grow organically and through strategic acquisitions. The company's wholly owned subsidiaries include: Liberty Wireless, Corp., operates a prepaid MVNO (Mobile Virtual Network Operator) under the Liberty Wireless brand; Maximo Impact, Corp., operates a pay-as-you-go MVNO under the MX Mobile brand; and Telizon, Inc., which resells landline, long distance and internet services under the Telizon, Freedom and Liberty brands. TelePlus websites include www.libertywireless.com,www.vivaliberty.com,www.maximoimpact.com and www.telizon.biz among others. The Company has offices in Miami, Florida; Cleveland, Ohio; Montreal, Quebec; and Barrie, Ontario.
The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties, including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development and acquisition of new product lines and services, government approval processes, the impact of competitive products or pricing from technological changes, the effect of economic conditions and other uncertainties, and the risk factors set forth from time to time in the Company's SEC reports, including but not limited to its annual report on Form 10-KSB; its quarterly reports on Forms 10-QSB; and any reports on Form 8-K. TelePlus World, Corp. takes no obligation to update or correct forward-looking statements.
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