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Thursday, 08/16/2007 8:13:32 AM

Thursday, August 16, 2007 8:13:32 AM

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News today !
http://www.convergencetechnologygroup.com/news_detail.php?id=51

16/08/07

Convergence Technologies Group Inc. Appoints VP Technical Services

Convergence Technologies Group Inc. Appoints
VP Technical Services

(Pink Sheets – CNVG.pk)

Convergence Technologies Group Inc subsidiary Voice 2 Voice Limited has today announced the appointment of Mark Hill to the position of Technical Director and VP Technical Services.

Formerly of British Telecomm and with extensive industry experience in the private sector Hill joined the UK subsidiary in September 2007 and has quickly built a strong team of internal and external engineers, together with delivering further support, systems design and technical support. Hill’s strong team leading abilities have significantly strengthened the partnerships with Voice 2 Voice partners and paved the way for further portfolio expansion in the near future. Mark continues to work closely with Convergence Technologies Group CEO Warren Stroud to continue to achieve the Company forecasts.

As detailed in the Corporate Overview Document, available online at www.convergencetechnologygroup.com Hill is now tasked with expansion on all levels, and will be responsible for strengthening the in-house support and technical teams.

CEO Warren Stroud comments, “Mark has made an invaluable contribution to the recent success of Voice 2 Voice, and is the perfect candidate to fulfil this role as the Group expands and moves forward. We are very much looking forward to enjoy further success together.”

Voice 2 Voice summary:

• Designs, supplies, installs, maintains and consults on specialist Converged communications systems for voice, date, mobile, video and line of business applications

• Profitable as of June 2007

• 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 now valued in excess of $2M

• 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 www.convergencetechnologygroup.com

For more information please visit
www.convergencetechnologygroup.com

To contact the company, please use the online contact form.

ENDS

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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