Concept Development Group, Inc. Enters Into Letter of Intent to Acquire Vocalscape Networks, Inc.Business Editors/High-Tech Writers DALLAS--(BUSINESS WIRE)--April 8, 2004 Concept Development Group, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :CDVG) announced today that it has entered into a Letter of Intent agreement to acquire Vocalscape Networks, Inc. Vocalscape Networks, Inc. is an emerging developer of interactive communications software (communications, software) communications software - Application programs, operating system components, and probably firmware, forming part of a communication system. These different software components might be classified according to the functions within the Open Systems . The Company has created software and interactive solutions revolving around global communications and Data and Voice convergence. Vocalscape focuses on adding value to their customers' websites and customer support centers by integrating website solutions that enable real human assistance, live interaction and quality customer service. They do this by providing interactive multimedia services such as instant messaging Exchanging text messages in real time between two or more people logged into a particular instant messaging (IM) service. Instant messaging is more interactive than e-mail because messages are sent immediately, whereas e-mail messages can be queued up in a mail server for seconds or , voice over the Internet (VOIP (Voice Over IP) A digital telephone service that uses the public Internet as well as private backbones instead of the traditional telephone network. Many companies, including Vonage, 8x8 and AT&T (CallVantage), typically offer calling within the country for a ), and interactive desktop sharing See remote control software. solutions. This press release may contain certain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Although Concept Development Group, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion should not be regarded as a representation by Concept Development Group, Inc. or any other person that the objective and plans of Concept Development Group, Inc. will be achieved. |
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