PRESS RELEASE FOR SEPT 29 2015 http://www.otcma
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Posted On: 09/29/2015 2:32:22 PM
PRESS RELEASE FOR SEPT 29 2015
http://www.otcmarkets.com/otciq/ajax/showNews...f?id=17032
TELECORP ANNOUNCES BUSINESS OUTLOOK FOR REMAINDER OF ITS FISCAL YEAR
Barrie, Ontario Canada – September 29th, 2015 – Telecorp, Inc. (OTC Markets: TLNUF)
(“Telecorp” or the “Company”), a growing provider of software communications solutions, is
pleased to give a corporate update and business outlook for its upcoming third and fourth quarters.
Telecorp is in the midst of a breakthrough that began in early spring. This turnaround is being
fueled by a number of factors, among them is Management’s clear strategy on building upon its
acquisition approach to generate revenue for the Company. On March 8
th
, the Company formally
signed the necessary paperwork to acquire Chandigarh-headquartered IT development and search
engine marketing company, Dev Datamedics & Software Pvt Ltd (“Dev Datamedics”). With the
financial audits of Dev Datamedics now completed, the final closing is expected to be concluded
this upcoming week. Dev Datamedics provides state-of-the-art custom web design, web
development and search engine optimization to clients worldwide and with this acquisition,
approximately $20,000 to $40,000 in monthly revenues is estimated to be reflected on Telecorp’s
income statement.
With the expected cash flow from the acquired business, Telecorp intends to use the cash to pay
off approximately $225,000 in debt. Telecorp continues to attract strong investment and funding
interest and is presently working to secure non-toxic funding to close other acquisitions.
“We are now in serious negotiations for significant investments to purchase up to three (3) more
companies,” stated Paul Phillips, CEO of Telecorp Inc. “With that we anticipate that we can also
generate meaningful revenues that can spearhead aggressive development of all of Telecorp’s
products.”
About Dev Datamedics:
Dev Datamedics & Software Pvt Ltd. dba NeT4gains is an offshore web design, web development
and search engine marketing company, providing valuable outsourcing services to clients
worldwide. The Company has been in the industry for the last ten years, offering website design,
web development, e-commerce solutions, CMS websites, search engine optimization (SEO),
Google AdWords PPC campaigns and social media (Facebook pages, Twitter, Google+, LinkedIn
profile) optimization services.
About Telecorp Inc.
Telecorp is an emerging provider of communication solutions to an array of companies and
industries including, automotive, real estate, financial, health, charities, and many more. Telecorp
offers creative software solutions for communicating with customers at levels never seen before.
A total solution that is not only affordable, but indispensable for any business, no matter the size.
Telecorp’s modules allow the best marketing tools, first rate sales acquisition systems, customer
communication processes, and drive greater profitability from every interaction, allowing every
user to reduce costs and increase productivity at every use.
The Company’s integrated suite of customized solutions includes, but is not limited to: customer
acquisition, customer care, automated voice services, emergency communications, conferencing,
data management, webinars, customer and hardware support tools, e-mail, fax and text broadcast
messaging, direct to voice mail messaging, customized voice messaging, text to speech systems,
predictive and progressive dialing, contact management solutions and much more.
Telecorp Inc. was incorporated in Canada in 2009.
http://www.otcmarkets.com/otciq/ajax/showNews...f?id=17032
TELECORP ANNOUNCES BUSINESS OUTLOOK FOR REMAINDER OF ITS FISCAL YEAR
Barrie, Ontario Canada – September 29th, 2015 – Telecorp, Inc. (OTC Markets: TLNUF)
(“Telecorp” or the “Company”), a growing provider of software communications solutions, is
pleased to give a corporate update and business outlook for its upcoming third and fourth quarters.
Telecorp is in the midst of a breakthrough that began in early spring. This turnaround is being
fueled by a number of factors, among them is Management’s clear strategy on building upon its
acquisition approach to generate revenue for the Company. On March 8
th
, the Company formally
signed the necessary paperwork to acquire Chandigarh-headquartered IT development and search
engine marketing company, Dev Datamedics & Software Pvt Ltd (“Dev Datamedics”). With the
financial audits of Dev Datamedics now completed, the final closing is expected to be concluded
this upcoming week. Dev Datamedics provides state-of-the-art custom web design, web
development and search engine optimization to clients worldwide and with this acquisition,
approximately $20,000 to $40,000 in monthly revenues is estimated to be reflected on Telecorp’s
income statement.
With the expected cash flow from the acquired business, Telecorp intends to use the cash to pay
off approximately $225,000 in debt. Telecorp continues to attract strong investment and funding
interest and is presently working to secure non-toxic funding to close other acquisitions.
“We are now in serious negotiations for significant investments to purchase up to three (3) more
companies,” stated Paul Phillips, CEO of Telecorp Inc. “With that we anticipate that we can also
generate meaningful revenues that can spearhead aggressive development of all of Telecorp’s
products.”
About Dev Datamedics:
Dev Datamedics & Software Pvt Ltd. dba NeT4gains is an offshore web design, web development
and search engine marketing company, providing valuable outsourcing services to clients
worldwide. The Company has been in the industry for the last ten years, offering website design,
web development, e-commerce solutions, CMS websites, search engine optimization (SEO),
Google AdWords PPC campaigns and social media (Facebook pages, Twitter, Google+, LinkedIn
profile) optimization services.
About Telecorp Inc.
Telecorp is an emerging provider of communication solutions to an array of companies and
industries including, automotive, real estate, financial, health, charities, and many more. Telecorp
offers creative software solutions for communicating with customers at levels never seen before.
A total solution that is not only affordable, but indispensable for any business, no matter the size.
Telecorp’s modules allow the best marketing tools, first rate sales acquisition systems, customer
communication processes, and drive greater profitability from every interaction, allowing every
user to reduce costs and increase productivity at every use.
The Company’s integrated suite of customized solutions includes, but is not limited to: customer
acquisition, customer care, automated voice services, emergency communications, conferencing,
data management, webinars, customer and hardware support tools, e-mail, fax and text broadcast
messaging, direct to voice mail messaging, customized voice messaging, text to speech systems,
predictive and progressive dialing, contact management solutions and much more.
Telecorp Inc. was incorporated in Canada in 2009.
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