BARRIE, Ontario, Feb. 2, 2015 /PRNewswire/ -- Telecorp,
Inc. (OTC Markets: TLNUF) ("Telecorp" or the "Company"), is
pleased to announce that the Company has signed a Letter of Intent
(LOI), to acquire a majority controlling interest in Doozi
Entertainment Company, Inc. ("Doozi").
The LOI lays the groundwork for Telecorp to acquire a
controlling position in Doozi, a rapidly-expanding software
development company which, in its past year of operations, has
shown positive revenues and growth in its fundamental business,
since its inception in October 2013.
Based in Toronto, Canada, and with
a growing presence in Asia; Doozi
is making a name for itself in innovative software development,
mobile gaming application concepts, and social media-based web
application fields.
"Telecorp is pleased to bring this exciting acquisition
development to the attention of our shareholders and the investing
public. We are in pursuit of successful and imaginative companies
to complement our existing software services," stated
Paul Phillips, CEO of Telecorp,
Inc. "Doozi, along with a number of other innovative companies,
are on Telecorp's radar and will be part of an ambitious
undertaking of acquisitions by our Company."
About Doozi:
Doozi is a privately held, digital media and mobile solutions
company, with a core focus in the development of enterprise mobile
applications on all major mobile platforms. With a total of 10
employees and affiliates, Doozi's management team consists of
young, entrepreneurial but experienced marketing, software
development, and finance personnel, with over 15 years combined
experience in all aspects of software development.
About Telecorp Inc.
Telecorp is an emerging provider of communication solutions to
an array of companies and industries including, automotive, real
estate, financial, health, charities, and many more. Telecorp
offers creative software solutions for communicating with customers
at levels never seen before. A total solution that is not only
affordable, but indispensable for any business, no matter the size.
Telecorp's modules allow the best marketing tools, first rate sales
acquisition systems, customer communication processes, and drive
greater profitability from every interaction, allowing every user
to reduce costs and increase productivity at every use.
The Company's integrated suite of customized solutions includes,
but is not limited to: customer acquisition, customer care,
automated voice services, emergency communications, conferencing,
data management, webinars, customer and hardware support tools,
e-mail, fax and text broadcast messaging, direct to voice mail
messaging, customized voice messaging, text to speech systems,
predictive and progressive dialing, contact management solutions
and much more.
Telecorp Inc. was incorporated in Canada in 2009.
Safe Harbor Statement
Except for historic information contained in this release, the
statements in this news release are forward-looking statements that
are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements involve known and unknown risks and uncertainties, which
may cause a company's actual results in the future to differ
materially from forecasted results. These risks and uncertainties
include, among other things, the company's ability to attract
qualified management, raise sufficient capital to execute its
business plan, and effectively compete against similar
companies.
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SOURCE Telecorp, Inc.