SAN ANTONIO, Jan. 12 /PRNewswire-FirstCall/ -- Competitive Companies, Inc. (CCI) (OTC Bulletin Board: CCOP) announced today the Company has signed a Share Exchange Agreement to acquire Voice Vision, Inc. (VVI). This acquisition is consistent with the CCI Strategic Business Plan, designed to build enterprise value through organic growth and select acquisition opportunities. Moreover, the value to shareholders of both companies is significant with Voice Visions IP voice and video technology. Along with providing a unique voice over IP solution for CCI's current customers, Voice Vision's "video" component adds a multibillion dollar market associated with distant learning, telemedicine and hearing impaired.
In announcing the Letter of Intent, William H. Gray, CEO of CCI said, "Our strategic business plan outlines a methodology that advocates enterprise growth through acquisition and organic means that integrates strategic assets and core competencies advantageous to both parties. We look forward to working very closely with Voice Vision to continue the tradition of excellence for current customers, as well as expand a full range of new and unique products and services of value."
"We have been selectively considering strategic alliance or merger candidates for some time to achieve VVI's strategic vision. We are confident this merger with CCI enhances that vision and provides the elements required to expedite our business model," added Voice Vision Chairman, Mr. Jay Potter.
About Voice Vision, Inc.
Voice Vision, Inc. is a premier provider of voice communication solutions through the internet. Due to integration of technology convergence components into a high quality, competitively priced, and easy to use product, there is finally a video phone and video conferencing solution that has dramatically improved communication for large and small businesses, as well as for personal and family use. A significant differentiation is that all video to video calls are free—a value proposition of the highest order relative to protecting your bottom line. For more information on the Company, please visit http://www.voicevisionusa.com
About Competitive Companies, Inc.
Competitive Companies, Inc. (CCI) is a Nevada Corporation with offices in Riverside, California, Eau Clair, Wisconsin and San Antonio, Texas. The Company began operations in 1998 to provide telecommunication services including data, voice and video to multiple dwelling units (MDU's) in tier one and tier two markets. As Congress passed "open access" legislation in the MDU marketplace, larger capitalized organizations made it exceedingly difficult for the Company to compete in this space. Thus, CCI has refocused its business interest on rural communities throughout North America to deliver data and voice utilizing fixed wireless as its primary delivery choice. CCI has assembled a management team with extensive telecommunications industry, financial, and business management experience. For more information on the Company, please visit http://www.cci-us.com/.
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SOURCE Competitive Companies, Inc.