StockTalkJournal: Who is China Voice?
Focus Will be Increasing Margins and Expanding Wholesale Termination Operations
BOCA RATON, Fla.–China Voice Holding Corporation, announced today that it has hired James Rapant as Vice President of Business Development for its wholly owned U.S. subsidiary, CVC International, Inc. (CVC). Mr. Rapant will focus on maximizing the profitability of the Company’s new Prepaid Calling Card products and broadening the base of Suppliers for its wholesale termination business.
CHVC’s President and CEO Bill Burbank said, “James brings over 16 years of Sales and Business Development experience to the Company. He has vast experience in working with Telecom Carriers and the platforms utilized to support Wholesale Origination and Termination, and Calling Card products. With the Company’s newly expanded network infrastructure and growing U.S. revenues in prepaid calling cards and prepaid cellular products, James is a perfect fit. Since last June, CHVC has been acquiring and establishing many U.S. subsidiaries to support growth in the prepaid calling card and wholesale termination business. Now that we have accomplished our goal of building this business to over $70 Million in annualized revenues, it is time to enter the next phase of our Business Plan to focus on substantially increasing operating margins. The objective will be to establish our Calling Card brand that uses our network and to open new direct international routes for our wholesale termination business while increasing margins.”
Mr. Rapant was most recently President of Brilliant Telecom Group, a switch-based International VoIP wholesale carrier. Prior to Brilliant, he was a Senior Account Manager for ITXC Corp. where he was responsible for contract negotiations and managing such accounts as AT&T, Verizon Global Solutions and IDT USA Telecom. Before ITXC, Mr. Rapant was a Major Account Manager for LDDS and Cable & Wireless. He holds a B.S. degree from the University at Albany where he also earned Associate degrees in Biology and Marketing.
CVC International, Inc is a Florida-based, international provider of VoIP telecommunications services to CLEC’s, ISPs, IXC’s, PTT’s, Cable companies, large Call Contact Centers and other communication Service Providers. CVC International’s focus is to provide high quality and large volume international routes at great prices to its customers. The Company utilizes a next generation Enhanced Services platform and Network Operations Centers (NOC) which are manned 24/7. Fully redundant technologies are deployed in a scalable network environment to enable the Company to compete effectively and efficiently in the ever-evolving and rapidly growing IP telecommunications marketplace.
China Voice Holding Corp. (”CHVC”) is a U.S. public holding company headquartered in South Florida with a portfolio of next-generation communications products and services doing business in the People’s Republic of China and the U.S. Through its subsidiaries, the Company provides Voice over Internet Protocol (”VoIP”) telephone services, office automation, wireless broadband, unified messaging, video conferencing, mobility services and other advanced voice and data services in China, where the Company has obtained full legal status as a licensed telecommunications company. The Chinese telecommunications market is the largest and fastest growing in the world. CHVC’s focus is on providing its innovative and patented voice and data solutions to government agencies and large enterprises in China. China Voice Holding Corp. trades Over-the-Counter and is listed in the Pink OTC Markets, Inc. under the symbol “CHVC.” Upon obtaining audits of prior fiscal years, the Company plans to file with the Securities & Exchange Commission (”SEC”) to become a full-reporting company, at which time it will apply for a listing on the NASDAQ or the AMEX; and is on schedule to complete these filings in early 2008. Prior to the filing of periodic reports to the SEC, the Company is providing publicly-available financial statements and other current information at the pinksheets.com website. Additional information may be found at www.chvc.com.
Forward-Looking Statements
The foregoing, including any discussion regarding the Company’s future prospects, contains certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve numerous risks and uncertainties, including, but not limited to risks and uncertainties associated with economic conditions in the telecommunications industry, particularly in the principal industry sectors served by the Company; risks and uncertainties inherent in the operation of businesses outside the United States; changes in customer requirements and in the volume of sales to principal customers; the ability of the Company to assimilate acquired businesses and to achieve the anticipated benefits of such acquisitions; competition and technological change; and the ability of the Company to control operating costs and maintain satisfactory relationships with existing and potential vendors. The Company’s actual results of operations may differ significantly from those contemplated by any forward-looking statements as a result of these and other factors, including factors that may be set forth in the Company’s anticipated filings with the Securities and Exchange Commission.
Contact:
China Voice Investor Contact:
The Eversull Group, Inc.
Jack Eversull, 972-378-7917
972-378-7981 (fax)
jack@theeversullgroup.com
ir@chvcmail.com
Source: China Voice Holding Corporation
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