InterMetro Communications, Inc. (OTCQB: IMTO) is featured in Flaherty Special Situations.
WEST HARRISON, N.Y., Feb. 15, 2013 /PRNewswire/ -- InterMetro Communications, Inc. (OTCQB: IMTO) is featured in the February 13, 2013 issue of Flaherty Special Situation Newsletter. After completing a three-year internal turnaround, this cloud-based, next-generation Voice over Internet Protocol (VoIP) network provider is poised to expand in the booming $300 billion segment of the U.S. domestic telecommunications industry. The report explains why this California based company is poised for accelerated growth and higher profits. This is the first article on this low-priced, profitable, special situation turnaround no one else has covered yet.
"InterMetro is at an inflection point in the business," according to Chairman, CEO and President Charles Rice. "We have great products serving some of the largest carriers, and more products in development," continued Rice. "We intend to take these additional products to market as well as focus on continued growth of the current offerings of company."
In October 2012 InterMetro obtained an important new $3 million line of credit from the Transportation Alliance Bank, Inc. (TAB Bank), an FDIC-insured institution. Management has succeeded in renegotiating and settling large amounts of indebtedness and other liabilities and this new banking relationship can now serve as a cornerstone to enable InterMetro to finance its future growth and activities.
Also featured in the issue is Federated Kaufmann Large Cap Fund. It is #1 for 2012 among large cap funds ranked by The New York Times and is a blend of growth plus safety. For more details our sponsored report on InterMetro can be found at:
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About Flaherty Financial News Inc.
Flaherty Financial News Inc. ("FFN") is the publisher of totally-electronic coverage of the neglected small-cap and micro-cap markets. It was launched in February 2007 by the "legendary financial editor" Bob Flaherty, Editor and Chairman of Flaherty Financial News Inc. and his son Brian, President and Publisher. While previously serving as Chairman and Editor of Equities Magazine for twenty-five years and also Editor-in-Chief of Equities Special Situations, which had one of the most consistent and highest ranked long-run performance records measured by Hulbert Financial Digest. He is also an award-winning retired Senior Editor of Forbes Magazine, where he wrote 33 cover stories, two shy of the all-time record. He was also Chairman of The Over-The-Counter Securities Fund. Bob Flaherty is a Magna Cum Laude graduate of Harvard College in economics and also has an MBA with a Distinction in Finance from Harvard Business School. A former president of the New York Financial Writers' Association, Bob is a co-founder of their annual student scholarship program and their annual award for significant long-term achievement in financial journalism.
About InterMetro Communications, Inc. (OTCQB: IMTO).
InterMetro Communications is a leading facilities-based IP communications provider of enhanced voice and data communication services. InterMetro owns and operates a national, private,cloud-based, proprietary Voice-over Internet Protocol (VoIP) network infrastructure powered by state-of-the-art switching equipment and software. InterMetro's robust network transports carrier-quality, cloud-based enhanced voice and data services that are packaged into customized products. This network powers some of the industries' leading providers of converged communication. InterMetro's experienced team has a customer-centric approach with a proven track record of success. For additional information please visit their website http://www.intermetro.net/ .
This news release contains "forward-looking statements" (as defined in the Private Securities Litigation Reform Act of l995) regarding InterMetro Communications, Inc. and its future business plans. These statements involve known and unknown risks and uncertainties. Such risks and uncertainties may cause actual results and future achievements of InterMetro to be materially different than those implied by these forward-looking statements. Flaherty Financial News Inc. and the featured company InterMetro Communications, Inc. have and undertake no obligation to provide public updates and revisions to these forward-looking statements to reflect any changes in its expectations of future events.
Flaherty Financial News Inc.
Brian D. Flaherty, President and Publisher
Contact featured company:
Joshua Touber, Business & Legal Affairs
INTERMETRO COMMUNICATIONS, INC.
2685 Park Center Dr., Bldg A
Simi Valley, CA 93065
SOURCE Flaherty Financial News Inc.
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