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Press Release Source: iVoice, Inc.
iVoice, Inc. Announces Spin-off of Common Stock of Trey Resources, Inc.
Tuesday February 17, 8:30 am ET
MATAWAN, N.J.--(BUSINESS WIRE)--Feb. 17, 2004--iVoice, Inc. (OTC Bulletin Board: IVOC - News), a provider of voice activated computerized telephone applications, today announced that it has spun off its wholly owned subsidiary, Trey Resources, Inc. iVoice will distribute the shares it owns in Trey to its shareholders, and Trey will operate as a stand-alone public company. Each iVoice shareholder of record as of February 9, 2004 will receive one (1) share of Trey for every 1,793 shares they own of iVoice. iVoice shareholders can expect to receive their Trey shares in the next several days. Trey is engaged in the development of automatic appointment reminder technology, and has a $10 million financing commitment to expand its business and to acquire other operating entities.
Trey has filed the appropriate paperwork with the NASD to begin trading on the Over the Counter Bulletin Board. The proposed trading symbol is "TREY." The company expects that it will begin trading some time in the next few weeks.
Any persons wishing to obtain a written prospectus should contact the investor relations representative listed below.
NOTE: Any statements that are not historical facts contained in this release are forward-looking statements. It is possible that the assumptions made by management for purposes of such statements may not materialize. Actual results may differ materially from those projected or implied in any forward-looking statements. Such statements may involve risks and uncertainties, including but not limited to those relating to product demand, pricing, market acceptance, the effect of economic conditions, and intellectual property rights, and the outcome of competitive products, risks in product development, the results of financing effort, the ability to complete transactions, and other risks identified in this release, and the Securities and Exchange Commission filings of iVoice, Inc.
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Contact:
iVoice, Inc.
Investor Relations:
Dolores Serafin-Sloboda, 732-441-7700 and say
"Investor Relations"
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Source: iVoice, Inc.