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Zcom Signs Agreement With Another International Telecom Company
2009-07-08 09:00 ET - News Release
LOS ANGELES, CA -- (MARKET WIRE) -- 07/08/09
Zcom Networks, Inc. (PINKSHEETS: ZCNW) subsidiary Kortel Communications, Inc. (www.kortel.net) has signed a Telecom Voice Agreement with MTN Communications of Nigeria. By doing so, Kortel Communications again expanded its global telecommunications network's reach. Kortel can now provide premium-quality switched mobile traffic from various global connection points for calls going to Nigeria proper. The originating mobile voice traffic will be switched through our network in Los Angeles. "We continue to aggressively pursue partnerships, strategic alliances, and joint ventures with tier one telecom companies worldwide," said Dr. Alex Parsinia, CEO of Zcom. "As we continue to find partners, both domestic and international, and sign agreements with them, we further reduce the cost structure of our worldwide telecom services, while providing first class service to our customers."
For more information about Zcom Networks, Inc., visit www.zcomnetworks.net
Zcom is a multi-industry company. Through its subsidiaries and holdings, it has three core businesses: Media Broadcasting, Telecom, and Mineral rights/Real Estate. Zcom offers radio and video content delivered live and on demand over the internet. Audiences can access programs 24 hours a day, seven days a week, directly or via podcast. The company's Satellite TV broadcast, Talk Money TV, reaches nearly 10 million total potential viewing households in the US, Canada and Mexico. In the Telecom Sector, Zcom offers voice and data termination services to wholesale and retail customers for both fixed and fixed to mobile platforms with interconnectivity through VOIP, TDM, E1, or traditional interfaces. Zcom's Mineral Rights/Real Estate Division owns a mining development, exploration, and extraction company with a 160-acre gold, silver, tungsten, platinum and copper placer mining claim -- CLS #12 in Ridgecrest, California. Additionally, Zcom is a joint venture partner in the Playa Paraiso Development Project in Panama, which includes the construction and sale of 5 beachfront villas and 20 condominiums.
Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.
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Contact:
Zcom Networks, Inc.
Dr. Alex Parsinia
CEO
310-754-5599
800-429-8182
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