Cordia Successful with Initial Wireline Offerings in Illinois, Indiana, Michigan, Ohio, and Texas.Launch represents significant expansion of Cordia's service territory WINTER GARDEN, Fla. -- Cordia Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : CORG CORG Combat Operations Research Group ), a global communications service provider A Communications Service Provider or CSP is a company that transports information electronically. The term encompasses public and private companies in the wireline, wireless, Internet, cable, satellite, and managed services businesses. of traditional CLEC (Competitive Local Exchange Carrier) An organization offering local telephone service that is not one of the traditional telephone companies. The Telecommunications Act of 1996 allowed competition to the incumbent telcos (ILECs), enabling new companies (CLECs) and Voice over Internet Protocol See Internet and TCP/IP. (networking) Internet Protocol - (IP) The network layer for the TCP/IP protocol suite widely used on Ethernet networks, defined in STD 5, RFC 791. IP is a connectionless, best-effort packet switching protocol. ("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 ") technologies announced today that it has successfully launched the sales of its bundled local and long distance service to consumers and small business throughout Illinois, Indiana, Michigan, Ohio, and Texas. This launch represents a significant expansion of its footprint beyond the existing 17 state operating area. Kevin Griffo, President of Cordia stated, "Earlier this year we introduced an unlimited service plan for $29.95 throughout all our service territory. Consumers and business are looking to save money wherever they can in today's economy and our unlimited bundle, which includes local, long distance, and features is a very competitive product. This bundle has been well received and we are especially pleased with the results in our newest territories where we are reporting better than anticipated sales." Mr. Griffo further stated, "We are very pleased with the acceptance of our services in these new territories and the newly formed relationships with alternative local exchange carriers which has allowed us to offer our consumers a quality product with savings over the incumbent local carrier. This launch is important because it represents our expansion into new markets while at the same broadening our underlying network service provider portfolio." About Cordia Corporation Cordia Corporation, through its operating subsidiaries An operating subsidiary is a business term frequently used within the United States railroad industry. In the case of a railroad, it refers to a company that is a subsidiary but operates with its own identity and rolling stock. , Cordia Communications Corp., CordiaIP Corp., My Tel Co, Inc., Northstar Telecom, Inc., Cordia Prepaid Corp., and Cordia International Corp. offers business, residential, and wholesale customers local and long distance telecommunications services in more than sixty (60) countries utilizing traditional wireline and Voice over Internet Protocol ("VoIP") technologies. In addition, Cordia develops and provides a suite of proprietary web-based billing software and outsourced services to local, long distance and VoIP telecommunications providers. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. This release contains 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. that involve risks and uncertainties. Cordia's actual results may differ materially from the results discussed in the forward-looking statements. Factors that might cause such a difference include, among others, availability of management; availability, terms, and deployment of capital; Cordia's ability to successfully market its services to current and new customers, generate customer demand for its product and services in the geographical areas in which Cordia can operate, access new markets, all in a timely manner, at reasonable cost and on satisfactory terms and conditions, as well as regulatory, legislative and judicial developments that could cause actual results to vary in such forward-looking statements. |
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