My Social Income Inc. Posts Q2 Report in Line With 2010 Growth Initiatives
26 Agosto 2010 - 2:23PM
My Social Income, Inc. (Pink Sheets:MSOA) (www.mysocialincome.com),
a global provider of international Voice Over Internet Protocol
(VoIP) communications, has recently changed its corporate name from
InteleCom, Inc. to My Social Income, Inc. The name change
reflects the company's move to providing a range of user-friendly
products that will de-mystify Voice over IP telephony products, and
bring them into the mainstream. This also falls well in line with
overall brand equity and marketing strategies toward worldwide
recognition as a market-leading provider.
My Social Income announces that it has posted a full Q2 report
at www.OTCMarkets.com, confirming a promising second Quarter
including total gross profits at $142,611.40. CEO, John A.
Roberts Jr. comments, "We are very pleased with progress this year
and expect that this growth will be progressive in line with some
very exciting developments we have underway for Q3 and Q4. The
achievements thus far are a testament to our technology and
marketing teams with relationships worldwide toward what we feel
are ingredients for accelerated growth."
The company is also progressing well with it's strategic Fring
Affiliate relationship (www.Fring.com) which leverages a user's
mobile phone internet capabilities to establish direct
(peer-to-peer) connections between callers. This proprietary
connectivity enables pure VoIP communication -- supporting both
mobile-to-mobile VOIP calling and also mobile/PC calling.
A recent report from Frost and Sullivan, a prominent research
firm, notes that VoIP is no longer just hype, but has become a
credible threat to traditional voice revenues, says the firm.
According to the research group, considering that this is only a
matter of time when IP becomes the principal transport for various
access technologies, an ambitious group of mobile VoIP start-up
companies are creating a paradigm shift in the way users
communicate with each other, with voice services moving to a true
internet era.
New analysis from Frost & Sullivan, impact of mobile VoIP
features, finds that at the end of 2008, approximately $605.8
million of mobile VoIP revenues were generated in North America,
Europe, Asia Pacific and Latin America. This is expected to grow to
$29.57 billion by 2015.
"The emergence of flat rate mobile data pricing, positive growth
of smartphone shipments, and high-speed mobile broadband
availability has spurred the adoption rate of mobile VoIP," said
Frost & Sullivan Senior Industry Analyst, Saverio Romeo.
Source: http://voip.biz-news.com/news/2010/05/21/0002
Persons interested in acquiring MSI services or products can go
to www.mysocialincome.com to learn more about this and the
company's other new products and to sign up for the service.
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
harbor 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.
Release prepared by NMR, LLC
CONTACT: My Social Income, Inc.
Investor Relations:
investors@mysocialincome.com
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