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Tuesday, 08/07/2007 12:46:21 PM

Tuesday, August 07, 2007 12:46:21 PM

Post# of 4241
Welcome all and good luck. Looking at the Corporate Overview it seems very well presented. I like the fact that they are already profitable. Too many Pinks come out stating how much money they are going to make, these guys are showing their financials and their forecasts and are backed up by a detailed sale pipeline. Todays PR Convergence Technologies Group Inc. Launches to Pink Sheets With $1.758M Sales Pipeline



LONDON, August 7 /PRNewswire-FirstCall/ -- Convergence Technologies
Group Inc. today debuts onto the Pink Sheets OTC (OTC: CNVG) with an
established sales pipeline currently valued at $1.758M. Centred on UK
subsidiary Voice 2 Voice Limited, Convergence Technology Group Inc are
leaders in the field of Converged Communications Technology, delivering
flexible and efficient communication strategies and equipment to companies
on a local, national and international level.
Established in 2003 by CEO Warren Stroud, Voice 2 Voice is partnered
with leading global VOIP equipment specialists, including Avaya and
Splicecom. The Company has been profitable every year from inception, with
rapid growth in 2007 moving the company past annual break even in June. The
Pink Sheets launch coinciding with future expansion plans.
Voice 2 Voice delivers design, supply, install, maintain and
consultancy contracts for telecommunications and integrated voice networks.
Combining telecommunications focus with a dynamic and flexible approach to
meeting customers' business needs has helped Voice 2 Voice build a
reputation for first class service and support.
Over recent years Voice 2 Voice has established a wide and prestigious
customer base that includes premier organisations drawn from many sectors
both public and private. Voice 2 Voice allows small and large businesses to
become more professional in communicating with staff, customers and
suppliers by providing a converged communications service for data, voice,
video, mobile and line of business applications.
Voice 2 Voice brief summary:
- Designs, supplies, installs, maintains and consults on specialist
Converged communications systems for voice, date, mobile, video and line of
business applications
- Profitable every year since inception.
- Voice 2 Voice turnover forecast to grow 58% July 2007 - September
2007, further 89% growth October 2007 - December 2007.
- Negligible debt, total of $35,833.56.
- Sales pipeline currently valued at $1.758M
- IDC Western European VOIP Applications forecast for Western European
VOIP Market Value will be $2.25 billion by 2011.
A full corporate overview including current financial and sales
pipeline information is available on the Investor Relations page at
http://www.convergencetechnologygroup.com
For more information please visit
http://www.convergencetechnologygroup.com
To contact the company, please use the online contact form.
This news release contains forward-looking statements that are subject
to certain risks and uncertainties that may cause actual results to differ
materially from those projected on the basis of such forward-looking
statements. The words "estimate," "project," "intends," "expects,"
"believes," and similar expressions are intended to identify
forward-looking statements. Such forward-looking statements are made based
on management's beliefs, as well as assumptions made by, and information
currently available to, management pursuant to the "safe-harbour"
provisions of the Private Securities Litigation Reform Act of 1995. For a
more complete description of these and other risk factors that may affect
the future performance of Convergence Technologies Group Inc. see "Risk
Factors" in the Company's Annual Report on Form 10-KSB and its other
filings with the Securities and Exchange Commission. Readers are cautioned
not to place undue reliance on these forward-looking statements, which
speak only as of the date made and the Company undertakes no obligation to
disclose any revision to these forward-looking statements to reflect events
or circumstances after the date made or to reflect the occurrence of
unanticipated events.


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