OTCBB Journal & Small-Cap Specialist PVSP
PVSP FULL REPORT
Pervasip Corp. delivers wholesale voice over IP (VoIP) telephone services for the residential and small business markets and Mobile VoIP through its wholly owned subsidiary, TelcoSoftware.com Corp., which sells under the name of VoX or VoX Mobile. Leveraging a nationwide VoIP network and internally developed proprietary software and product features, VoX offers a private-label digital voice program sold to cable operators, cell phone carriers, WiMax carriers, CLECs, ISPs and resellers. VoX differentiates itself through a unique combination of high quality voice services, flexible back-office capabilities and automated provisioning systems that enable a quick turn-up for service providers and business entities, such as call centers. It offers a feature-rich, low-cost, high-quality alternative to traditional phone services. In addition, VoX offers also offer mobile VoIP services and applications to download to a smartphone or tablet for low domestic and international calling rates. It also offers video calling over the Internet.
52wk Range0.027 - 0.0013
Average Vol. (3m) 7,469,708
Market Value1$1,721,313a/o Jul 08, 2013
Shares Outstanding593,556,263a/o Apr 22, 2013
Float403,528,069a/o Mar 15, 2013
Authorized Shares800,000,000a/o Mar 05, 2013
Par Value0.001
The Technology
VoX has pioneered a Linux-based "server farm" approach to VoIP, similar to Google's search engine technology. The result is a predictable platform that is easily and cost-effectively scaled as the business grows. Management believes that this platform, together with the latest VoIP signaling protocol (SIP) and enhanced compression voice standard (G.729), processes the smallest packets of information possible both quickly and efficiently.
VoX service is capable of being deployed and customized for each customer, remotely from a central location. Since the platform is proprietary, all VoIP features are controlled by VoX instead of a software vendor which enables faster response to the needs of customers and offers an uncommon level of automation with tight integration between the billing system, the provisioning system and the softswitch. This innovative and sensible approach to VoIP won the Company Internet Telephony Magazine's "Most Innovative VoIP Technology Provider Award" in 2005.
Mobile VoIP
Our VoIP technology works efficiently over mobile phone networks. In lieu of routing a call from a mobile phone over the voice side of a mobile phone network, we route the call over the data side of the network, which runs over the Internet. It is a low-cost method of delivering telephone service, especially when the user is making international calls, because we do not have to hand off the call to another carrier to complete the call. Instead, after the call reaches the cell phone tower, it is placed on the Internet, where it travels to our switch and is completed by us. We believe we can attract a significant number of subscribers to our service from the larger and more expensive mobile phone carriers. We refer to our use of the data-side of mobile phone networks as voice-over-IP enabled mobile phone service (“Mobile VoIP”). Our Mobile VoIP service also runs over WiFi networks. The range of WiFi is significantly less than the range of the mobile phone networks, but the WiFi option allows our customers to use their mobile phones in buildings in which they cannot receive a signal from the mobile phone network.
We believe that Mobile VoIP, a wireless telephone service, will demonstrate rapid growth. We also believe that mobile applications will experience significant growth. Market research firm In-Stat projects the total number of Mobile VoIP users will reach 288 million by the end of 2013. According to iSuppli Corp., a market research firm, the market for preloaded applications and other software for mobile phones will grow to $7.7 billion in 2014, up from $3.3 billion in 2008.
The VoX Mobile Video and Voice App Bridges the Gap Between Apple's FaceTime and Android, Allowing Cross Platform Video Interoperability 7-1-13
Pervasip Corp.'s wholly-owned subsidiary, Vox Communications, has submitted its highly anticipated mobile VoIP and video calling application to Apple to be included in the Apple iTunes digital store.
VoX's Chief Information Officer, Mark Richards, noted, "We are very excited to submit our iPhone app to be placed into Apple's iTunes store. We have taken the time to develop what we think is the leading, most functional mobile voice and video application in the store. We like the advantage that our app brings in that even though FaceTime is a great application, you are unable to place a video call to a person who is running the world's most popular operating system, Google's Android. With the VoX App, you can call video to video in a cross platform environment, you do not need to know if the other person has an iPhone or an Android phone. We believe this component gives our app a distinct advantage. We hope to have approval from Apple within the next week so that it will be it available in the iTunes digital store to approximately 500 million global subscribers."
Similar to the Android App, when the iPhone app is approved, a user will be able to subscribe entirely on an iPhone or iPad and choose a U.S. phone number without leaving the interface, which makes the sign up process more elegant than many competitors. The mobile VoIP paid plans are a low cost of entry for a high quality and reliable mobile VoIP service offering. New subscribers will be allowed to download the app for a free 60 minute trial and make calls to any country on the unlimited calling list, or sign up for the "Pay And Go" plan for as little as one dollar, literally a "pay as you go" plan with no monthly subscription fees.
"We fully expect iPhone users will experience the high quality levels that we have achieved with our Android app, which is highly ranked in the both the Google Play Store and Samsung App Store," continued Richards. "We have also enabled both our Android and iPhone apps to be ‘topped up' – using our newly launched VoX mobile calling cards. We intend to release both iPhone and Android specific top up cards in the coming weeks to the retail stores."
Pervasip Corp.'s a cloud-based voice and video communications solutions, apps and services provider, on 6-27-13 announced that the World Prepaid Phone Card from VoX is now available and has been shipped to distributors in California, Florida, Michigan and Washington.
"Our distributors have placed the card in several retail stores and we are seeing revenue growth from the launch of our calling card product," said Paul Riss, Pervasip's CEO. "We are beginning to see the VoX logo in store windows and we are pleased with the initial reception we have received."
"We are also working with calling card companies directly, who want the low calling rates and no connection fees for their customers," continued Riss. "Our strategy is to use our calling card product as a technique for introducing the calling card distributors to our mobile app. We believe we can help these companies transition to a digital product as consumers flock to smart phones and other mobile devices."
