Cordia Launches International Sales of Prepaid Products and Services in Europe and Asia
September 29 2010 - 8:30AM
Business Wire
Cordia Corporation (OTCBB: CORG), a global communications
service provider and distributor of landline, wireless and Voice
over Internet Protocol (“VoIP”) technologies, products and
services, announced today that it has successfully launched sales
of prepaid products and services in Europe and Asia.
“After initially testing and launching prepaid calling card and
other services in Italy, New Zealand and Hong Kong during the third
quarter, we plan to expand in the fourth quarter into India,
France, U.K., Spain, Greece and Australia,” said Mohammed Markatia,
President of Cordia’s Retail Division. “During 2011, we anticipate
continued expansion throughout Europe, Asia, South America and
Africa as there has been strong interest from potential partners to
work with us.”
“Over the last several years, through a combination of internal
investment and strategic acquisitions, we have been building a
unique international platform that includes proprietary operational
support systems, global networking and communications product and
service design, as well as direct retail distribution and support
around the world,” added Kevin Griffo, Cordia’s CEO. “Having
invested the necessary capital and laid the groundwork, we now
expect to begin to see a return on those investments, as we
anticipate that our international businesses will become the
largest and most profitable segment of our Company.”
About Cordia Corporation
Cordia Corporation, through its operating subsidiaries, Cordia
Communications Corp., CordiaIP Corp., My Tel Co, Inc., Northstar
Telecom, Inc., Cordia Prepaid Corp. and Cordia International Corp.,
offers business, residential, and wholesale customers local and
long distance telecommunications services in more than sixty (60)
countries utilizing traditional wireline and Voice over Internet
Protocol (“VoIP”) technologies. In addition, Cordia develops and
provides a suite of proprietary web-based billing software and
outsourced services to local, long distance and VoIP
telecommunications providers.
Safe Harbor
This release contains forward-looking statements that involve
risks and uncertainties. Cordia's actual results may differ
materially from the results discussed in the forward-looking
statements. Factors that might cause such a difference include,
among others, availability of management; availability, terms, and
deployment of capital; Cordia's ability to successfully market its
services to current and new customers, generate customer demand for
its product and services in the geographical areas in which Cordia
can operate, access new markets, all in a timely manner, at
reasonable cost and on satisfactory terms and conditions, as well
as regulatory, legislative and judicial developments that could
cause actual results to vary in such forward-looking
statements.
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