Telatinos Inc. Announces 4-for-1 Forward Split
Wednesday January 19, 1:44 pm ET
MIAMI, Jan. 19, 2005 (PRIMEZONE) -- Telatinos Inc. (Pink Sheets:TLTD), a Latin American IP-based VoIP service provider, today announced that the Company has declared a 4:1 forward split of the Company's common stock. As a result, Shareholders of Record Date to be set will receive four shares for each share held as of the close of business on an effective date to be set in February 2005.
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The Company confirms that 'pre-split' there are approximately 32 million common shares issued and outstanding and post split there will be approximately 128 million shares issued and outstanding.
About IPxes Inc.
IPxes, a wholly owned subsidiary of Telatinos Inc., is a business class, highly scalable communications service that provides broadband data, voice and wireless service using multiple integrated T-1 lines with a layer-2 private network. Our proprietary technology and integration provides our SME customers with dedicated Internet access, customizable business solutions for voice, data, wireless, Internet, and secure communications channels between the SMEs' offices, all partners, vendors, customers and employees without the use of a firewall or encryption devices. IPxes has a growing network presence in South America, including network facilities in Brazil, Peru, Colombia, Costa Rica, and Miami, Florida.
IPxes' proprietary technology, XRF link(r), remote network locations may be connected through IPxes' network enabling secure and direct transfer of communication, documents, databases, and virtually any other information between a client's headquarters and their remote locations. Each location is provided with dedicated access and extended services resulting in maximum efficiency. The XRF link solution allows data to be delivered at the fastest and most efficient speeds available today. In addition, unlike traditional encryption-based virtual private network technologies, XRF link avoids the use of the public internet for transferring secured information between locations. Secured information travels on a private network. IPxes clients experience the highest level of speed, security and efficiency.
About Telatinos Inc.
Telatinos is an emerging Latin American ISP and communications service provider offering full-featured, cost-effective, high-quality local, long distance and international telephone services -- including 911 and E911 -- to both businesses and private residences in Latin America.
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