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Voip-Pal.Com Inc. 2012 Corporate UpdateBELLEVUE, Wash., March 30, 2012 /PRNewswire via COMTEX/ -- Voip-Pal.Com Inc. ("Voip-Pal") (OTC Pink sheets: VPLM) is pleased to provide the following update on its business initiatives: Voip-Pal.Com continues to provide VoIP solutions for the casual and business international travelers who must rely on their smartphones, laptops or tablets in order to communicate. The Company offers a cost-effective VoIP solution through its retail website, PointsPhone.com, including smartphone apps for the iPhone, Android and Blackberry. Voip-Pal's overall strategy to generate increased revenues includes implementing the following projects on an accelerated basis: the development and launch of a new user-friendly website designed to increase traffic and subscribers; the introduction of an effective advertising and promotions program; continue to bundle the Platinum Anti-Virus Package for Android and Blackberry smartphones; licensing of a more reliable, scalable and customized VoIP switch platform and VoIP app software for smartphones and PC tablets; finalize a joint venture with several leading airlines and rewards programs resulting in a system allowing users to purchase long distance minutes from Voip-Pal.Com using their accrued airline points instead of cash or credit card; acquisition of a company with proprietary technology to substantially increase paid subscriber accounts. "Our operations have been stabilized after some unexpected interruptions last year and we can now resume building revenues," states Dennis Chang, President of Voip-Pal. "VoIP technology continues to receive significant attention from the telecommunications world because of its ability to revolutionize the way people and businesses communicate. Because Voip-Pal.Com has steadfastly remained in VoIP operations, our company remains in the forefront of this telecommunications revolution and is poised to experience substantial revenue growth during the coming quarters." Mr. Chang adds, "Voip Pal will be announcing a series of exciting projects that will demonstrate Voip-Pal's direction into new markets. Look for further new press releases as our business model is implemented. We appreciate the continuing support of all our valued shareholders and investors." About Voip-Pal.Com Inc. Voip-Pal.Com Inc. is a broadband VoIP telecom company offering local and long distance VoIP services to consumers and business owners. The company also provides VoIP communication and reseller solutions for its partners. Voip-Pal.Com Inc. is the enabler of international calls using VoIP technology on the internet, smart cell phones and PC Tablets. Voip-Pal's goal is to provide a quality, high-speed and cost-effective telephone solution for the casual and business international traveler who must rely on their smartphones, laptops or tablets in order to communicate. Retail Website: www.pointsphone.com. Corporate Website: www.voip-pal.com Company Contact: Dennis Chang, CEO: [email protected] IR inquiries: [email protected] or [email protected] Stock Quote: www.otcmarkets.com/stock/VPLM/quote Share Structure: Shares Outstanding: 291,338,360 (As of December 31, 2011) Float: 249,698,360 (As of December 31, 2011) Authorized Shares: 500,000,000 (As of December 31, 2011) All 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. SOURCE Voip-Pal.Com Inc. |