NET TALK.COM, INC. Secures $1.5 Million of Additional Funds
Financing to Support Marketing Efforts and Major Thrust Into Leading Bricks and Mortar and Online Retail Outlets
MIAMI--(BUSINESS WIRE)-- netTALK.COM, INC. (“netTALK”) (OTCBB:NTLK), a publicly-traded Competitive Local Exchange Carrier (CLEC) engaged in the sales of products and connectivity network phone service for using Voice over Internet Protocol (VoIP), today announced that it has obtained additional funding up to $1,500,000. These borrowings are the last stage in a series of funding rounds pursuant to a promissory note agreement.
“This round of funding from our primary investor is particularly useful to us as we gear up to sell the netTALK DUO with additional major bricks and mortar and online retail outlets," said Anastasios "Takis" Kyriakides, Chairman and President of netTALK. "It will also help us further ramp up our marketing efforts and sales of the netTALK DUO, enabling more and more consumers to say ‘Goodbye’ to their phone company, forever.”
About NETTALK.COM, INC.
NET TALK.COM, INC. is a publicly traded company (OTCBB:NTLK) fully engaged in the distribution and sale of products supported by its digital voice service. The netTALK DUO is the most versatile communications device on the market, with the ability to connect directly to a router or modem (no computer needed) or the computer's USB port, offering consumers free local and long distance calls to any landline or mobile phone in the U.S. and Canada from anywhere in the world. The netTALK DUO and other innovative netTALK communications products are available at www.nettalk.com.
Forward-Looking Statements
This news release may contain forward-looking statements made pursuant to the “safe harbor” provisions of the private securities litigation reform act of 1995. While these statements are meant to convey to the public the company’s progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management’s opinion. While management believes such representation to be true and accurate based on the information available to the company, actual results may differ materially from those described. The company’s operations and business prospects are always subject to risks and uncertainties.
CONTACT:
For NETTALK.COM, INC.
Gotham Communications, LLC
Bill Douglass, 646-450-3615
KEYWORDS: United States North America Florida
INDUSTRY KEYWORDS: Technology Consumer Electronics Hardware Internet Telecommunications Mobile/Wireless VoIP
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