Cybersensor International Announces Reverse Stock Split, Acquisition of Angel Telecom and New Symbol
13 Junio 2007 - 8:13PM
Business Wire
Cybersensor International, Inc. (OTC: AGLT) ("Company") today
announced that, effective June 6th, 2007, it completed the
acquisition of all the outstanding common stock of NT Networks.
Effective immediately, Cybersensor International, Inc. changed its
name to Angel Telecom Inc. and the board of directors appointed
Peter Waneck as CEO. The Company is publicly traded on the OTC. Its
ticker symbol has been changed from �CYSR� to �AGLT.� In addition,
AGLT announced a one-for-ten reverse stock split of its authorized
and outstanding stock, effective Monday, June 6, 2007. About Angel
Telecom Angel Telecom owns and operates ATTrade�, an online
professional trading platform for Voice over IP (�VOIP�) traffic.
ATTrade� runs on the Company�s proprietary software, which
addresses the needs of the wholesale VOIP market. In operation
continuously since September, 2006, it is utilized by nearly 100
carriers and traders. Company principals have over 20 years
combined experience in international wholesale telecom, and
maintain long-term relationships with carriers and PTTs. ATTrade�
allows traders to buy and sell VOIP minutes quickly, efficiently,
in real time, at least cost. It is a scalable, stable platform
capable of serving the needs of the entire VOIP industry. ATTrade�
features include professional reporting tools, real-time traffic
monitoring, dialcode management, least-costing routing management,
customer service applications, accounting and real-time billing and
fraud detection. It offers rates on standard routing and direct
routes. �We believe that a public listing enables Angel to expand
rapidly,� said Peter Waneck, CEO. �Two demand drivers�rapid
worldwide growth of VOIP and intense competitive pressures�make
ATTrade� an attractive choice. We believe ATTrade� is the first
authentic electronic exchange in this sector.� For more
information, visit the Company�s website at www.angel-telecom.com.
Safe Harbor Statement This press release may contain
forward-looking statements made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
Such statements are subject to certain factors, risks and
uncertainties that may cause actual results, events and
performances to differ materially from those referred to in such
statements. Factors which could cause actual results to differ from
expectations include, among others, end user customer acceptance
and actual demand, which may differ significantly from
expectations, the need for the company to manage its growth,
unknown competitive factors, the need to raise funds for operations
and other risks within the regulation of the industry.
Angel Telecom (CE) (USOTC:AGLT)
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