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Nymgo to Join Intel Capital's Portfolio Companies(Marketwire (Canada) Via Acquire Media NewsEdge) NEW YORK, NEW YORK--(Marketwire - Oct. 27, 2010) - Nymgo, the Voice over Internet Protocol (VoIP) provider with industry-low rates and exceptional call quality, and Intel Capital, the global investment branch of Intel Corporation agreed an investment which was announced today during the World Economic Forum in Marrakech, Morocco. This investment confirms Omar Onsi as a top entrepreneur in the growing VoIP field. Intel Capital will help Nymgo build out its sales and marketing efforts as well as new products development. Onsi and Nymgo will have access to Intel's expertise which will help it grow to become a major player in the international VOIP business. "Intel Capital's deal with Nymgo is aligned with Intel's dedication to supporting businesses that provide people with life enhancing technologies -from the simple to the complex," said Onsi. "This deal illustrates Intel's belief that technology should be used to help people connect with their friends and family across the world. At Nymgo, we make the world a little smaller by bringing people together with affordable calling options." As the lowest cost VoIP provider, Nymgo connects people across the world with the cheapest prices possible, while maintaining a high quality. In less than two years, the VoIP software has been downloaded over 2 million times and has hosted over 300 million minutes of calls, many of which cost fractions of a penny. For more information, log on to www.Nymgo.com. About Nymgo Based in the United Kingdom, Nymgo has been providing VoIP customers with the lowest possible rates since 2009. Nymgo's software has been downloaded over 2 million times with customers around the world talking for over 300 million minutes. In addition to low prices, Nymgo, which is owned by parent company Splendor Telecom, pledges its users high quality audio with excellent customer service. For more information, visit www.nymgo.com. FOR FURTHER INFORMATION PLEASE CONTACT: Media Contact: Nancy Hite-Norde +1-212-741-5106 x 221 [email protected] Source: Nymgo |