Press Release Author = InstaDial Investor Relations Department
Industry = Telecommunications
Press Release Summary = InstaDial explores possible sale or merger.
Press Release Body = NEW YORK, NEW YORK - (For immediate release) – March 16, 2007 InstaDial® is pleased to announce that the company has engaged Merger Law Associates to explore strategic alternatives to enhance shareholder value, including a possible sale, merger or partnership. Merger Law Associates specializes in Mergers, Acquisitions and Investment Banking services and looks forward to assisting InstaDial in seeking such strategic alternatives.
Merger Law Associates has received several inquiries and this interest is due to the nature of InstaDial’s marketing strategy of combining telecom services with the prepaid debit credit card services. Merger Law recognizes that InstaDial has allocated significant resources to their products for this market and feels this will be attractive to a potential partner or buyer.
About InstaDial® InstaDial ® is a Next Generation Communication Solutions Provider located in Canada and the United States. InstaDial provides technology solutions utilizing Voice over IP (VoIP). The public telephone market is evolving rapidly as VoIP technology or Internet Telephony converges traditional circuit switched telephone networks with data networks. InstaDial VoIP solutions offer significant cost savings for consumer long distance, enterprise communications, call centre operations, calling card solutions and online communications integration. The adoption of VoIP has been overwhelming and the recent technology advances such as wide spread high-speed Internet access has allowed InstaDial to bring VoIP products mainstream.
This release includes forward looking statements, which are based on certain assumptions and reflects management\'s current expectations. These forward looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward looking statements, whether as a result of new information, future events or otherwise. \"Safe Harbor\" Statement under the U.S. Private Securities Litigation Reform Act of 1995: This release contains certain \"forward-looking\" statements within the meaning of the Private Securities Litigation Reform Act of 1995.
Web Site = http://www.instadial.com
Contact Details = For Further information please contact: InstaDial® Investor Relations Email: investorrelations@instadial.com
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