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Zcom Signs Agreement With Another International Telecom Company
(Market Wire Via Acquire Media NewsEdge) 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
Email Contact: Email Contact
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