Teliphone Corp. Comments on Unusual Trading Activity
TORONTO, Jan 08, 2013 (GLOBE NEWSWIRE via COMTEX) --
In view of the unusual market activity in the common stock of Teliphone Corp. (the "Company") (OTCQB:TLPH), Benoit Laliberte, President, noted that, "Ordinarily it is the Company's policy not to comment on unusual market activity, or market rumors," and confirmed that the Company is not aware of any material corporate developments beyond the information provided in press releases of December 3, 5, 7, 16 and 17 2012 which could account for the recent unusual trading activity in the Company's shares. Our operations are progressing as described in our public filings with the Securities and Exchange Commission, which are available at www.sec.gov."
About Teliphone Corp. / Teliphone Navigata-Westel Inc.
From its origin in 1957 as BC Rail Telecom, to its evolution into Teliphone Navigata-Westel, the company is now one of the largest independent facilities-based Competitive Local Exchange Carrier in Canada providing voice, data, broadband Internet, IT support, Cloud computing, Next Layer co-location data centres and IPTV service across Canada. Teliphone services carriers, business, government and residential customers on a national network which includes a wireless backhaul network, a trans-Canada SONET fibre optic network and multiple CLEC/ILEC mutual CO facilities. Teliphone also operates a US network and its voice and IPTV services are available in 47 countries.
This press release includes "forward-looking statements" as defined by the SEC. All statements, other than statements of historical fact, included herein that address activities, events or developments that Teliphone Corp expects, believes or anticipates will or may occur in the future, including anticipated benefits and other aspects of the proposed acquisition, are forward-looking statements. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of their dates. Except as required by law, Teliphone Corp does not intend to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.
CONTACT: Teliphone Corp.
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