Fourth Quarter 2011 Summary From Voip-Pal.Com Inc. Corporate Update
BELLEVUE, Wash., Oct. 6, 2011 /PRNewswire/ -- Voip-Pal.Com Inc. ("Voip-Pal") (OTC Pink sheets: VPLM) is pleased to announce that www.pointsphone.com is once again operational after having resolved certain technical issues. Existing Users can login to the site and continue to use our VoIP software to make international calls for as low as 1 cent per minute. The site will allow New Users to register and make calls by early next week.
The 4th Quarter of Fiscal Year 2011 started exceptionally well for Voip-Pal. The following are the highlights and update:
- Voip-Pal acquired Bleam Technology Ventures Inc. ("Bleam", formerly "CallArc"). The acquisition was centered on Bleam/CallArc's payment platform for users to use corporate Loyalty Points to make free phone calls. The acquisition was completed and the integration of both the Voip-Pal and Bleam websites were being built and enhanced. The interruption of our www.pointsphone.com website at the end of September by the previous owners of Bleam created some obvious concern and confusion on the part of our shareholders. This problem has been rectified and a Cease and Desist Letter has been sent by the company's attorney to the previous owners of Bleam.
- To fortify Voip-Pal's commitment to be in full control of its technical direction, Voip-Pal is proud to announce that Tritek Business Solutions Inc. ("Tritek") has been retained to provide technical advisory and consultancy services to re-deploy all of our VoIP services to the public. Tritek's team of technicians have a long history of involvement in the IT Support environment and they have a successful proven track record of results and strong technical expertise across multiple technical disciplines. With Tritek's expertise we have already made significant security improvements during the past several days to prevent a similar interruption to occur in the future. We welcome Tritek to the Voip-Pal family.
- Operations are now moving back on track and Voip-Pal is in a position to continue developing and offering a reliable and cost-effective Voip service for all smartphone users. Our mission is still very clear – to provide a quality, reliable, cost-effective and safe solution for the casual and business international traveler who must rely on their smartphones to communicate. Our PointsPhone Mobile™ for the Android will be ready to re-deployed next week. We currently have four (4) other smartphone Apps ready to follow and be deployed soon after – the PointsPhone Mobile™ for the iPhone, BlackBerry, Symbian OS and Windows Phone 7 OS.
- Once the PointsPhone Mobile™ App for the Android has been re-deployed next week, Voip-Pal will soon announce the integration of our Anti-virus Program for the Android with our Platinum Suite™ package. This bundled package of services will include a one year subscription of our comprehensive Anti-virus Program and abundant airtime international minutes.
"Our operations have been stabilized after the unexpected interruption and we can now resume building revenues," states Dennis Chang, President of Voip-Pal. "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."
To preview Voip-Pal's PointsPhoneGuard™ Ad on You Tube, please click on the following link:
http://www.youtube.com/watch?v=fha6g4x5QFc
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 offers turnkey VoIP communication and reseller solutions for its partners. Voip-Pal.Com Inc. is also a provider 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.
For products and services, visit us at www.pointsphone.com. For more Company information, please contact Dennis Chang at [email protected] or visit us at http://www.voip-pal.com .
IR inquiries should be directed to [email protected] or [email protected] .
To view the latest Real Time quotes, news, and financial information on the otcmarkets.com, please click on this link: www.otcmarkets.com/stock/VPLM/quotee
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.
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