Amitelo Communications, Inc. Announces It Has Retained Liberty Consulting International, Inc.Business Editors/High-Tech Writers ORLANDO, Fla.--(BUSINESS WIRE)--Jan. 23, 2004 Amitelo Communications, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :ALOC ALOC Allocate ALOC Altered Level Of Consciousness ALOC air lines of communications (US DoD) ALOC Average Length Of Call (New Global) ALOC Acceptable Level of Competence ) announced today it has retained Liberty Consulting International, Inc. as the Company's Investment Bankers and Investor Relations Investor relations The process by which the corporation communicates with its investors. firm. Based in Aventura, Florida Aventura is a city located in northeastern Miami-Dade County, Florida. The city name is from the Spanish word for "adventure," and was named "Aventura" because that was the name of the original group of condominium developments in the area. , Liberty Consulting International, Inc. specializes in Investment Banking and Investor Relations services for small and mid-cap companies worldwide. Amitelo has engaged Liberty to evaluate strategic acquisition options. Khaled M. Akid, Amitelo's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , concluded, "Amitelo's innovative Broadband & VoIP Business model necessitates a firm that can bring a multitude of talent and creative ideas to leverage that technology. Liberty will assist us to reach our contemplated planned worldwide expansion in a fast and effective manner." About Amitelo Communications, Inc. Amitelo Communications Inc. is an international telecommunications and Internet service provider Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. company. Amitelo's core business is dealing with the delivery of high quality voice & Internet services. The company's concentration is on providing both VoIP Voice over IP services and DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary / Broadband via Satellite in regions lacking connectivity. Several parts of southern Europe, many regions in Africa and the Middle East currently lack connectivity. The company is currently dealing with Internet & Voice traffic generated by its international subscribers and is in the process of establishing its POP Point of Presence / International Telephony Gateway in Frankfurt, Germany to perform several interconnects with reputable carriers. Amitelo will then develop its carrier services in order to achieve good quality of international lines and competitive market rates. For more information about Amitelo Communications, Inc. visit http://www.amitelo.com. Except for the historical information contained herein, this press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from the results predicted and reported results should not be considered an indication of future performance. In addition to the factors discussed in the filings with the Securities and Exchange Commission, among the other factors that could cause actual results to differ materially are the following: adverse changes in the business conditions and the general economy; competitive factors, such as rival companies' pricing and marketing efforts; availability of third-party material products at reasonable prices; the financial condition of the customer; risks of obsolescence ob·so·les·cent adj. 1. Being in the process of passing out of use or usefulness; becoming obsolete. 2. Biology Gradually disappearing; imperfectly or only slightly developed. due to shifts in market demand; and litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. involving product liabilities and consumer issues. Amitelo Communications, Inc. cautions readers not to place undue reliance upon any such forward looking statements, which speak only as of the date made. Amitelo Communications, Inc. expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any such statements to reflect any change in the company's expectations or any change in events, conditions or circumstances on which any such statement is based. |
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