Voip-Pal.Com Inc. Reduces Debt By 30%
Relaunch of websites proceeding on schedule
BELLEVUE, Wash., Sept. 12, 2011 /PRNewswire/ -- Voip-Pal.Com Inc. ("Voip-Pal") (OTC Pink Sheets: VPLM) is pleased to announce that it has reduced the company's overall debt by nearly 30%. This reduction will be reflected in the company's fiscal year end financials of September 30, 2011.
Voip-Pal will resume operations after having limited its sales until the new retail website, www.pointsphone.com , has been upgraded and redesigned. An updated and newly improved corporate website (www.voip-pal.com) for investors is also forthcoming with a scheduled launch later this week.
Voip-Pal products and services include international VoIP telephone services for as low as 1 to 2 cents per minute. Users can download Apps on their smartphones including iPhones or Androids. Voip-Pal's state-of-the-art antivirus program, PointsPhoneGuard™, is bundled for free when users purchase the Platinum Suite™ for $29.95. Users will be able to register on www.pointsphone.com upon its relaunch.
"The reduction of our debt before our fiscal year end is extremely important for our future plans. Moving forward, we are focused on our revenue producing operations and anticipate further debt reduction before our fiscal year end, September 30th," states Dennis Chang, President of Voip-Pal. "While we're preparing the launch of our redesigned website to enhance our revenue potential, we want to thank all of our loyal shareholders for their patience and perseverance during this rebuilding period."
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] .
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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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