Telecorp Announces Letter of Intent to Acquire Doozi Entertainment Company, Inc.
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.
SOURCE Telecorp, Inc.
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article