White Plains, N.Y., April 28, 2011 /PRNewswire/ -- Pervasip Corp. (OTCQB:PVSP) is pleased to announce the early success of its marketing initiatives to sell video phones that utilize its Voice-over Internet Protocol (VoIP) telephone network. As part of the video phone initiative, Pervasip has enlisted several experienced telecom agents and the services of the person-to-person marketing firm, Globalpreneurs.
Summary of Recent Accomplishments:
- Globalpreneurs has created new marketing tools for its membership, and projects that it will sell 50,000 video phones this year
- Pervasip has signed five contracts with video-telephone agents in the past 30 days
- Pervasip's wholesale accounts and agents can now stream media files to a video phone
- Real-time video calls accomplished without the one-second delay that occurs on other networks
- Video voice-mail is available for all video phones that run on Pervasip's network
Paul Riss, Chief Executive Officer of Pervasip, noted, "We are receiving many requests to sell the video phones that we support and have several new agents who are converting existing video phone users to our VoIP network."
Each video phone sold generates recurring revenue of $29.95 per month to Pervasip for unlimited voice and video service. The company is experiencing strong margins and recurring monthly revenue on the sale of video and voice telephone service.
The marketing firm, Globalpreneurs, was signed in March and it has publicly stated that it projects to deliver 1,000 video phone customers to Pervasip by May 31, 2011, and 50,000 by December 31, 2011.
"Globalpreneurs has revamped its website and developed several new marketing videos to promote Pervasip's products. We have worked closely with them and are impressed with the effort and time they have expended to prepare for the product launch," added Mr. Riss.
Jim Simpson, Co-founder of Globalpreneurs, stated, "We consider ourselves an important stakeholder in Pervasip and believe we will serve as the vital sales and marketing engine that Pervasip has been missing. We are a few days away from releasing to our full membership all the online tools and information they need to sell Pervasip's video phone service and believe the superior quality of Pervasip's service, combined with our generous compensation plan, is key to viral growth."
Mr. Simpson added, "The quality of the video phone is beyond expectations and our membership does not think of whom they can sell the phone to, but rather, who they want to see on their video phone. If every distributor in our system signs up just one additional customer per month, we will easily exceed 50,000 new customers for Pervasip by December 31, 2011, which is what we have pledged to deliver."
Agent groups are also selling the video phone product to businesses, as several companies have found it useful to conduct clear real-time video calls within and outside of their organization. In addition, wholesale accounts and agents are able to stream media files to a video phone on Pervasip's network. The streaming video application and the video voicemail feature provide creative tools for businesses that are seeking enhanced methods of communicating.
Pervasip Corp. delivers video and voice telephone services over the Internet for the residential and business markets. Pervasip differentiates itself through a unique combination of high quality voice services, flexible back-office capabilities and automated provisioning systems that enable a quick turn-up for service providers or retail customers. It offers a feature-rich, low-cost, high-quality alternative to traditional phone services. In addition, Pervasip offers carrier-type services for voice origination and termination, as well as toll-free and other IP-based services. For more information, please visit www.pervasip.com or www.voxcorp.net.
Forward-looking statements: This release contains forward-looking statements that involve risks and uncertainties. Pervasip's actual results may differ materially from the results discussed in the forward-looking statements. Factors that might cause such a difference include, among others, certain risks and uncertainties over which the company may have no control. For further discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see the discussions contained in Pervasip's Annual Report on Form 10-K for the year ended November 30, 2010 and any subsequent SEC filings.
Paul H. Riss
Chief Executive Officer
SOURCE Pervasip Corp.