Elephant Talk Communications Will Present at the FSX Investor Conference in Fort Lauderdale
14 Octubre 2008 - 2:08PM
PR Newswire (US)
Elephant Talk will hold a series of investor meetings in South
Florida AMSTERDAM, Netherlands and FORT LAUDERDALE, Fla., Oct. 14
/PRNewswire-FirstCall/ -- Elephant Talk Communications, Inc. (OTC
Bulletin Board: ETAK), an international telecom and multimedia
content distributor, today announced that Vice Chairman Bruce
Barren will be presenting Friday, Oct. 17th at the FSX Investment
Conference in Fort Lauderdale, Florida, at the Hyatt Regency Pier
Sixty-Six Resort & Spa (2301 S.E. 17th Street). The FSX
investor conference runs this week, Oct. 16-18, 2008. In
conjunction with the South Florida investor conference, Elephant
Talk's CEO Steven van der Velden and Mr. Barren will also be
meeting with some 250 investors for events organized by OTC Global
Partners. These events include a dinner presentation in Boca Raton,
Tuesday, Oct. 14th, and a luncheon presentation in Boca Raton,
Wednesday, Oct. 15th. Additionally, a second dinner event organized
by FSX will take place in Fort Lauderdale on the eve of the FSX
conference, Wednesday, Oct. 15th. During these events, Elephant
Talk's management team will provide a financial update and an
overview of the company's accomplishments in the last 90 days,
including: -- Restructure of the balance sheets through the
conversion of debt and the sale of equity -- Appointment of new
auditors, BDO Seidman -- one of the top 20 firms worldwide -- $7.3
million raised in new cash from management/insiders demonstrating
commitment and determination for Elephant Talk's success --
Execution of an Agreement with T-Mobile Netherlands B.V. to enable
Mobile Virtual Network Operators (MVNOs) in the Netherlands to
operate voice and data services over the T-Mobile Network --
Execution of a Heads of Agreement with Vodafone Spain to provide
Vodafone in Spain with a wide range of enabling mobile services --
Expanded technical base plus geographical foot print, including
entry into Turkey "Our objectives going forward will be to continue
to fulfill our contract with T-Mobile and to continue our global
expansion efforts," said Steven van der Velden. "We intend to
aggressively pursue additional contracts with other major telecom
operators to establish collaborations throughout Europe as well as
in the Middle East." "We are very pleased with the progress we've
made in executing our business model," he added. For more
information on the presentation events, contact OTC Global Partners
at 1-561-962-4150. About Elephant Talk Communications, Inc.
Elephant Talk Communications is positioning itself as an
international telecom operator and enabler/systems integrator to
the multimedia industry by facilitating the distribution of all
forms of content as well as mobile and fixed telecom services to
global telecommunications consumers. The company provides
traditional telecom services, media streaming, and distribution
services primarily to the business-to-business (B2B) community
within the telecommunications market where it has a presence. The
company's global footprint as a fully licensed carrier, supported
by its propriety IN (Intelligent Network) and Billing/CRM (Client
Relationship Management) Systems, has been designed to offer
cutting-edge solutions to the increasingly competitive global
multimedia industry. Elephant Talk's telecommunications platform
eliminates the usual limitations caused by national borders,
networks, devices or media and, therefore, enables its B2B
customers to operate as independent telecom and multimedia
distribution organizations. Elephant Talk is also a system
integrator and developer for mobile telecom and content
distribution solutions; and, as a Mobile Virtual Network Enabler
(MVNE), the company has positioned itself as the premier
outsourcing partner for both Mobile Network Operators (MNO's) as
well as for Mobile Virtual Network Operators (MVNO's). At the same
time, ETAK assists its MNO partners to more efficiently provide a
broad range of sophisticated services to their own existing base of
MVNO's. ETAK is positioning itself as the preferred MVNE partner of
the larger, global Mobile Operators and currently operates
sophisticated networks in over a dozen markets in Europe, Asia
Pacific, and the Middle East. For more information, visit:
http://www.elephanttalk.com/. Forward-Looking Statements Except for
the historical information contained herein, this press release and
the statements of representatives of Elephant Talk Communications,
Inc. (the "Company") related thereto contain or may contain, among
other things, certain forward-looking statements, within the
meaning of the Private Securities Litigation Reform Act of 1995.
Such forward-looking statements involve significant risks and
uncertainties. Such statements may include, without limitation,
statements with respect to the Company's plans, objectives,
projections, expectations and intentions and other statements
identified by words such as "projects", "may", "could", "would",
"should", "believes", "expects", "anticipates", "estimates",
"intends", "plans" or similar expressions. These statements are
based upon the current beliefs and expectations of the Company's
management and are subject to significant risks and uncertainties.
The Company undertakes no duty to update these statements. Actual
results will vary, and may vary materially, from those anticipated,
estimated, projected or expected for a number of reasons,
including, without limitation: (i) risks and uncertainties
associated with the integration of the assets and operations the
Company has acquired and may acquire in the future, (ii) the
Company's possible inability to raise or generate additional funds
that will be necessary to continue and expand the Company's
operations, (iii) the Company's potential lack of revenue growth,
(iv) the Company's potential inability to add new products and
services that will be necessary to generate increased sales, (v)
the Company's potential lack of cash flows, (vi) the Company's
potential loss of key personnel, (vii) the possibility of
telecommunications rate changes and technological changes, (viii)
the potential for increased competition and (ix) other
unanticipated factors. Many of these risks are beyond the Company's
control. Risk factors, cautionary statements and other conditions
which could cause actual results to differ from management's
current expectations are contained in the Company's filings with
the Securities and Exchange Commission, including the section of
the Company's Annual Report on Form 10-KSB, entitled "Risk
Factors." Contact: At the Company: Elephant Talk Communications,
Inc. Steven van der Velden Schiphol Boulevard 249 1118 BH Schiphol
(Amsterdam) The Netherlands 31 (0)20 654 1015
http://www.elephanttalk.com/ Investor Relations: RedChip Companies
Inc. Jon Cunningham 1-800-REDCHIP (733-2447, Ext. 107)
http://www.redchip.com/ DATASOURCE: Elephant Talk Communications,
Inc. CONTACT: Steven van der Velden of Elephant Talk
Communications, Inc., +31(0)20-654-1015, ; or Investor Relations,
Jon Cunningham of RedChip Companies Inc., 1-800-REDCHIP (733-2447,
Ext. 107), Web Site: http://www.elephanttalk.com/
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