ICMH -- ICM Telecommunications Inc (prepaid wireless industry)
http://www.primezone.com/pages/news_releases.mhtml?d=46431
http://www.findarticles.com/cf_dls/m0EIN/2003_July_21/105620312/p1/article.jhtml
He noted that industry analysts now believe that within two years, by 2005, the overall market for prepaid products will climb to as much as $4 to $5 billion. Just in the prepaid wireless industry, said the CEO, research analysts predict that prepaid wireless revenues will represent a continually growing part of this market, growing from $3.3 billion in 2002 to $4.4 billion in 2003 as its momentum continues to outpace other communications industry segmentsLIST OF NEWS ARTICLES ON ICMH http://www.findarticles.com/cf_dls/PI/search.jhtml?magR=all+magazines&key=ICM+Telecommunications+Inc
http://search.yahoo.com/search?p=ICM+Telecommunications+Inc&ei=UTF-8&fr=fp-tab-web-t&cop=mss&tab=
FREE REAL TIME LEVEL 2 PINKSHEETS QUOTE FOR ICMH.pk for free. http://www.pinksheets.com/quote/quote.jsp?symbol=icmh
ICMH.pk is going to the OTCBB very soon. NEWS on January 6th and January 7th will provide further information on Bulletin board status.
2 Year Chart http://www.pinksheets.com/quote/chart.jsp?symbol=ICMH&duration=2-6-9-0-0-524
UNDERVALUED MARKET CAP of 850K AND SMALL FLOAT 100 Million
ICMH -- ICM Telecommunications Inc. (DE)
Com ($0.001)
Address:
980 9th St.
Suite 1600
Sacramento
CA 95814
USA
Phone: 916-449-9597
Officers:
Doug Hamby, CEO
Shares Outstanding: 100,000,000 as of 2004-01-28
Estimated Market Cap: 850,000 as of 2004-02-13
NEWS on January 6th
ICM Telecommunications Enters Into New Funding Agreements with Digital Communication Services and The Duncan Group to Accelerate Growth Plans
LAKE OSWEGO, Ore., Jan 6, 2004 (BUSINESS WIRE) -- ICM Telecommunications, Inc. (Pink Sheets:ICMH), a rapidly growing provider of prepaid pin-based products through its EPIS Point of Sales Activation (POSA) terminals, today announced that it has entered into new funding agreements with Garden Grove, California-based Digital Communication Services (DCS), and The Duncan Group, a privately held investment company based in Carson City, Nevada, that will provide access to new capital to accelerate its growth plans in five key areas, including Washington, Oregon, Northern and Southern California, and Arizona.
"Access to these funds ensure that we can accelerate our sites of service in all these areas," said ICM Telecommunications CEO Doug Hamby. "Our partnership with Digital Communication Services, which for the past three years has been focused on servicing the pay phone industry in Washington and Oregon, will now permit them to benefit from ICM's suite of services that will offer its products and services as well, and now will involve further funding commitments from DCS. In the case of the Duncan Group, we have entered into a purchase and leaseback program with that firm that will permit us to tremendously increase our ability to penetrate new markets in Northern and Southern California, and Arizona.
"This new funding will enable us to have as many as 300 service sites up and operating in the first quarter of this year alone," said Hamby. "In the second quarter we expect to launch 300 more, increasing to 500 additional sites in the third quarter, and at least 250 more by the final quarter of this year. By year's end we will have more than 1,300 sites of service, cross-marketing goods and services, and positioning ourselves for the next step - the penetration of the Southwestern United States in 2005, especially the lucrative New Mexico and Texas marketplaces," he continued.
"ICM's POSA terminals now offer proprietary and universally accepted VISA cards, proprietary long distance calling cards, with extremely favorable rates worldwide, especially to Mexico, prepaid cellular phone minutes with major carriers, faster processing and delivery of POSA pin numbers and direct collection of funds, and our already extremely competitive merchant service program, which has strong acceptance in our existing marketplace.
"With all these positive developments to help to fuel our growth, and to move to the next level, and advance to trading on the OTC Bulletin Board, we continue our discussions with several funding sources," Hamby noted, reiterating his earlier estimate that near term the company is seeking approximately $1 million in new working capital.
Statements contained in this release, which are not historical facts, may be considered "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations and the current economic environment. We caution the reader that such forward-looking statements are not guarantees of future performance. Unknown risk, uncertainties as well as other uncontrollable or unknown factors could cause actual results to materially differ from the results, performance, or expectations expressed or implied by such forward-looking statements.
SOURCE: ICM Telecommunications, Inc.
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News on Feb 12th ICM Telecommunications, as Part of Its Strategic Plan, Relocates Its Corporate Headquarters to Sacramento, California to Centralize Operations
Thursday February 12, 11:40 am ET
SACRAMENTO, Calif., Feb. 12, 2004 (PRIMEZONE) -- ICM Telecommunications, Inc. (Other OTC:ICMH.PK - News), a rapidly growing provider of prepaid pin-based products through its EPIS Point of Sales Activation (POSA) terminals, today announced that it has relocated its corporate headquarters to Sacramento, California to better manage its operations from a more centralized location consistent with the company's strategic plan.
The new address and contact points for the company are as follows: ICM Telecommunications, Inc., 980 Ninth Street, Suite 1600, Sacramento, CA 95814. Phone: 916-449-9597; fax: 916-313-3704. Email: dhamby@icmtelecom.com .
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``This relocation from our former headquarters in Oregon has been planned for some time,'' said ICM Telecommunications CEO Doug Hamby, ever since our strategic partnership with Digital Communication Services (DCS), headquartered in Southern California, was announced late last year.
``From this new base of operations, which better positions us to penetrate the Northern and Southern California markets, as well as Arizona, we are able to provide newly enhanced services that will increase profits and simultaneously decrease costs of services delivered. ICM and DCS have jointly agreed to jointly sell each other's products and services, as well as share in the revenues from these joint promotional efforts with a market that now expands beyond the Pacific Northwest to Northern and Southern California, Arizona, and additional states yet to be announced,'' said Hamby.
Through ICM's POSA terminals, customers are now able to offer proprietary long distance calling cards, with extremely favorable rates worldwide, especially to Mexico, from high level service providers as AT&T, Verizon, Alltel, T-Mobile, Sprint, Cingular, Boost and Omni. The company also offers a prepaid VISA cash card program.
Other enhancements now also include DCS becoming the primary provider for vertical integration of ICM's processing capabilities, with faster processing and delivery of POSA pin numbers, and direct collection of funds. In addition, DCS is now using ICM's merchant service program, already extremely competitive in its marketplace.
``These developments, as well as several others to be finalized and announced hopefully by next week, underscore the pace of our growth and execution of our core business plan,'' Hamby noted. ``Moving the company from the Pink Sheets to the Over the Counter Bulletin Board is also one of our highest priorities, in order to better facilitate financing efforts.''
Statements contained in this release, which are not historical facts, may be considered ``forward-looking statements'' under the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations and the current economic environment. We caution the reader that such forward-looking statements are not guarantees of future performance. Unknown risk, uncertainties as well as other uncontrollable or unknown factors could cause actual results to materially differ from the results, performance, or expectations expressed or implied by such forward-looking statements.
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