Vocalscape Networks Acquires Azatel Communications Inc.
Monday March 6, 3:42 pm ET
WHITE PLAINS , N.Y.
Subject to Vocalscape has agreed to issue common shares in exchange for 100% of the issued and outstanding shares of Azatel Communications Inc.
Mr. Ron McIntyre, President of Vocalscape commented, "Vocalscape already has the doors being knocked down by current clients and international prospects for the new line of Azatel products. We look forward to financing the successful venture as an integral part of Vocalscape's hardware division."
Mr. Derek Herman, CEO and Founder of Azatel Communications Inc. commented, "The culture of Vocalscape staff work perfectly with our management team, we are excited to work with Vocalscape and their clients in the process of merging our two firms. After our recent workshops on merging our two firms, and the management processes discussed, we look forward to being part of a well managed motivated team ready to help us succeed."
Mr. Derek Herman will remain CEO of Azatel Communications, a subsidiary of Vocalscape Networks Inc.
About Vocalscape
Vocalscape provides VoIP telephony solutions and communications software for Internet Service Providers ("ISPs"), Internet Telephony Service Providers ("ITSPs") and Telecommunications companies worldwide. Vocalscape develops VoIP and interactive communications software including Soft phone applications, Customer Acquisition and Billing Systems, SIP Servers, Gatekeepers and Virtual Calling Cards. Vocalscape's strategy is to focus on VoIP software and Long Distance termination solutions that bring together a full range of communications solutions and services thereby providing a turn-key VoIP infrastructure for ISPs, ITSPs and Telecommunications companies. http://www.vocalscape.com
About Azatel Communications Inc.
Azatel manufactures, develops and integrates the highest quality communications hardware for Media Terminal Adapters, Soft Switches, Session Controllers, H.323 to SIP Interworking, OSP and IPTV/Video on Demand solutions enabling our partners to deploy complete end to end IP Voice, Video & Data solutions.
Safe Harbor Act Disclaimer: This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties.
Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations, are generally identifiable by the use of words such as "believe," "expect," "intend," "anticipate," "estimate," "project," or similar expressions. These forward- looking statements relate to, among other things, expectations of the business environment in which the Vocalscape operates, projections of future performance, potential future performance, perceived opportunities in the market, and statements regarding the Vocalscape's mission and vision. Vocalscape's actual results, performance and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements.
Contact Information
Ryan Gibson, VP
Gibson@vocalscape.com
P. 604-696-6313
F. 604-696-6315
http://www.vocalscape.com
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