INCC Acquires Millennium Teleservices Operations
December 14 2009 - 9:00AM
Marketwired
International Consolidated Companies, Inc. (OTCBB: INCC) today
announced that the company has acquired the operations of
Millennium Teleservices, LLC, ranked as the number one outbound
telemarketer in the United States in 2009 by Customer Interaction
Solutions magazine in its 24th Annual Top 50 industry survey.
INCC has assumed the leases on select Millennium building and
equipment assets and has retained key management and employees. The
Millennium acquisition follows INCC's February 2009 acquisition of
teleservices firm 121 Direct Response -- an INCC subsidiary which
last week received accreditation from the American Teleservices
Association (ATA) Self Regulatory Organization (SRO).
"Acquiring Millennium's operations is a natural progression in
our drive to assemble a portfolio of companies offering top-tier
business process services (BPS)," stated Antonio F. Uccello, III,
President and CEO of International Consolidated Companies, Inc.
"This is a natural complement to our existing business and the
added capability synchronizes well with our current and future
plans. We look forward to combining our adherence to industry best
practices -- as evidenced by our subsidiary 121 Direct Response's
recent ATA accreditation and receipt of the Comcast Award for
Compliance Excellence -- with Millennium's experienced personnel,
exceptional client base and exhaustive data bases."
121 Direct Response was honored recently with Comcast's 'Award
for Compliance Excellence' as the top Outbound Teleservices Vendor
in the 3rd Quarter, further validating 121's best practices in
operation.
Millennium is headquartered in Edison, New Jersey. The agreement
containing the terms and conditions of the acquisition has been
filed as an exhibit to the Company's Form 8-K filed on December 14,
2009.
Millennium specializes in outbound telemarketing for the
financial services industry as well as traditional outbound
telemarketing and inbound services to Fortune 200 companies such as
Bank of America, Assurant, AIU and National Geographic. They have
been a leader in commercial outbound telemarketing for over a
decade and recently expanded their inbound service offerings and
launched insurance services earlier this year. Millennium
Teleservices, LLC, is a subsidiary of privately-held CDG
Management, LLC, which specializes in non-profit and public safety
fundraising teleservices. Millennium Teleservices and CDG have
offices in 30 states and employ over 2,400 personnel.
About International Consolidated Companies, Inc.
International Consolidated Companies, Inc. is (www.INCC.us) a
publicly traded company listed under the symbol 'INCC'. INCC's
focus is on acquiring and operating businesses that enhance and
expand their Business Process Services (BPS) offerings. 121 Direct
Response (www.121directresponse.com) is a wholly-owned subsidiary
of INCC offering full-service direct response consulting, idea
development, and campaign execution organization. With over 600
employees and outbound and inbound contact center stations; a
full-service direct mail design, printing, fulfillment, and mailing
facility; and direct response expertise in nonprofit and commercial
direct marketing, 121 can provide its clients with turnkey direct
response service excellence.
Relevant sites: www.121directresponse.com, www.incc.us,
www.mmtel.com
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: The statements which are not historical facts
contained in this press release are forward-looking statements that
involve certain risks and uncertainties including, but not limited
to, risks associated with the uncertainty of future financial
results, additional financing requirements, development of new
products, governmental approval processes, the impact of
competitive products or pricing, technological changes, and the
effect of economic conditions. Certain oral statements made by
management from time to time and certain statements contained in
press releases and periodic reports issued by International
Consolidated Companies, Inc., (the "company"), as well as those
contained herein, that are not historical facts are
"forward-looking" statements within the meaning of Section 21E of
the Securities and Exchange Act of 1934, and because such
statements involve risks and uncertainties, actual results may
differ materially from those expressed or implied by such
forward-looking statements. Forward-looking statements are
statements regarding the intent, belief, or current expectations,
estimates, or projections of the company, its directors, or its
officers about the company and the industry in which it operates
and are based on assumptions made by management. Forward-looking
statements include, without limitation, statements regarding: (a)
the company's strategies regarding growth and business expansion,
including future acquisitions; (b) the company's financing plans;
(c) trends affecting the company's financial condition or results
of operations; (d) the company's ability to continue to control
costs and to meet its liquidity and other financing needs; (e) the
declaration and payment of dividends; and (f) the company's ability
to respond to changes in customer demand and regulations. Although
the company believes that its expectations are based on reasonable
assumptions, it can give no assurance that the anticipated results
will occur. When issued in this report, the words "expects,"
"anticipates," "intends," "plans," "believes," "seeks,"
"estimates," and similar expressions are generally intended to
identify forward-looking statements. The company disclaims any
intention or obligation to update or revise forward-looking
statements, whether as a result of new information, future events,
or otherwise.
Contact: Rich Schineller 941-780-8100 rich@prmgt.com
International Consolidat... (PK) (USOTC:INCC)
Historical Stock Chart
From Jan 2025 to Feb 2025
International Consolidat... (PK) (USOTC:INCC)
Historical Stock Chart
From Feb 2024 to Feb 2025