Payless Communication Holdings, Inc. Announces it has Received Operational Codes Required by BellSouth and Verizon for Interconnection
HALLANDALE BEACH, Fla.--(BUSINESS WIRE)--May 26, 2005--Payless Communication Holdings, Inc. ("PCH") (OTC:PCNH) is very pleased today to announce to its shareholders that Payless Telephone Company, a wholly-owned subsidiary of PCH, has received the Operational Codes required by both BellSouth (NYSE:BLS) and Verizon (NYSE:VZ) in order to sign interconnection agreements. Payless Telephone Company now awaits the interconnection process to finalize all procedures. Payless Telephone Company intends to market its services to over 38 states in the USA offering Local, Long distance, Dial-up Internet, and DSL in different packages to its consumers. Statements in this press release that are not historical facts are forward-looking statements within the meaning of the Securities Act of 1933, as amended. Those statements include statements regarding the intent, belief or current expectations of the Company and its management. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to, our ability to obtain additional financing and access funds from our existing financing arrangements that will allow us to continue our current and future operations and whether demand for our products and services in domestic and international markets will continue to expand. The Company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the Company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events.
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