Pervasip Concludes Agreement With 10 Talk To Market Mobile VOIP App In 20 African Countries

WHITE PLAINS, N.Y., Sept. 13, 2012 /PRNewswire/ -- Pervasip Corp. (OTCQB: PVSP)  is set to market and sell its mobile VoIP application in 20 African countries after concluding a strategic agreement with Africa-based 10 Talk.

According to Mariano Bruni, 10 Talk CEO, "10 Talk is powered by the revolutionary TrustPay app which enables developers to monetize their apps through a seamless in-app payment solution mobile consumers easily interact with.

"Combining Pervasip's VoIP app with TrustPay's payment solution means millions of people across the Africa continent now have access to affordable mobile voice technology for the first time," added Mr Bruni.

The TrustPay app, in particular, allows mobile consumers to purchase apps directly from their smart phones without the need for credit or debit cards. This is especially important in emerging countries where access to these payment facilities may be limited. Developers can easily receive payment in any country from TrustPay via integration with a large number of mobile wallets across dozens of mobile networks.

"We have begun the process of installing a point of presence in Johannesburg to support this strategic partnership by providing voice, video and eventually SMS to the millions of subscribers we are targeting," said Barry MacCheyne, CMO of Pervasip Corp.  "Our expertise in providing low cost mobile VoIP combined with Trust Pay's ability to easily connect consumers with apps is a win for everyone involved. Mobile wallet is growing at a fast pace and is a great way to attract millions of users worldwide and drive significant revenues for both companies."

To learn more about TrustPay, please visit www.trustpay.biz.

About Pervasip

Pervasip delivers wholesale VoIP and telephone services for the residential and small business markets.  It differentiates itself through a unique combination of high quality voice services, flexible back-office capabilities and automated provisioning systems. Pervasip recently entered the mobile VoIP services and applications arena, which is expected to approach 300 million users by 2013. It offers a feature-rich, low-cost, high-quality alternative to traditional phone services. For more information, please visit www.voxcorp.net.

Forward-looking statements: The information contained herein includes forward-looking statements.  These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.  You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements.  Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity.  We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

For further information:

SOURCE Pervasip Corp.