![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Friday, March 02, 2012 7:45:46 PM
March 02, 2012
Vox Communications Makes Move to Integrate with Trust Pay and Emoni
By Monica Gleberman
Contributing Writer
Vox Communications has taken its first step towards an agreement between Trust Pay and Emoni by submitted a letter of intent to the companies to enable Vox Communications to market it’s VoIP application created for smartphones throughout Africa.
For those of you who are unsure, a letter of intent is a document outlining an agreement between two or more parties before the official agreement is finalized. Many letters of intent resemble written contracts, but are normally not binding. They are used to create conversation and negotiations between all the companies involved.
Trust Pay and Emoni are companies that specialize in applications that allow users to make purchases directly from their mobile devices. Trust Pay CEO Sean D Conde said the creating an alliance between Trust Pay and Vox Communications has mutual benefits.
“Our partnership with Vox Communications will be a great alliance as we will have a concept that no other app can match. The VoIP application, with its superior technology and easy to use payment integration is the right mix of high quality voice and video paired with low international rates and text messaging, is the future of making calls,” said Conde.
Times are still hard for businesses and many enterprises are trying to cut costs wherever possible. One of the largest costs for a company is its overhead, which normally includes both technology and phone usage. Companies have begun to switch their backups and software to the cloud due to its minimal maintenance and accessibility to all employees in-house or at home. Companies have also been reaching out to organizations such as Trust Pay or other communication companies to develop a solution to the high communication costs.
Barry MacCheyne, CMO at Vox Communications, said working with Trust Pay would allow his company to expand into new markets. “We are excited to work with the industry leader in Mobile Wallet to launch and market our mobile VoIP application starting in South Africa and moving up into the African Continent,” said MacCheyne. “Our international calling features and robust network capabilities allow us the opportunity to partner with world class companies like Trust Pay.”
Vox Communications, Trust Pay, and Emoni still need to review the letter of intent, finish negotiations, and complete a final agreement before the integration between the companies will be official.
Mass Megawatts Announces $220,500 Debt Cancellation Agreement to Improve Financing and Sales of a New Product to be Announced on July 11 • MMMW • Jun 28, 2024 7:30 AM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM