Cybersensor International Announces Reverse Stock Split, Acquisition of Angel Telecom and New Symbol.ZUG Zug (ts k), canton (1993 pop. 87,100), 93 sq mi (241 sq km), N central Switzerland. , Switzerland -- Cybersensor International, Inc. (OTC OTCSee: Over-the-counter. OTC See over-the-counter market (OTC). : AGLT) ("Company") today announced that, effective June 6th, 2007, it completed the acquisition of all the outstanding common stock of NT Networks. Effective immediately, Cybersensor International, Inc. changed its name to Angel Telecom Inc. and the board of directors appointed Peter Waneck as 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. . The Company is publicly traded on the OTC. Its ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors has been changed from "CYSR" to "AGLT." In addition, AGLT announced a one-for-ten reverse stock split of its authorized and outstanding stock, effective Monday, June 6, 2007. About Angel Telecom Angel Telecom owns and operates ATTrade((c)), an online professional trading platform for Voice over IP ("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 ") traffic. ATTrade((c))runs on the Company's proprietary software, which addresses the needs of the wholesale VOIP market. In operation continuously since September, 2006, it is utilized by nearly 100 carriers and traders. Company principals have over 20 years combined experience in international wholesale telecom, and maintain long-term relationships with carriers and PTTs. ATTrade((c)) allows traders to buy and sell VOIP minutes quickly, efficiently, in real time, at least cost. It is a scalable, stable platform capable of serving the needs of the entire VOIP industry. ATTrade((c)) features include professional reporting tools, real-time traffic monitoring, dialcode management, least-costing routing management, customer service applications, accounting and real-time billing and fraud detection. It offers rates on standard routing and direct routes. "We believe that a public listing enables Angel to expand rapidly," said Peter Waneck, CEO. "Two demand drivers--rapid worldwide growth of VOIP and intense competitive pressures--make ATTrade((c)) an attractive choice. We believe ATTrade((c)) is the first authentic electronic exchange in this sector." For more information, visit the Company's website at www.angel-telecom.com. 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. Statement This press release may contain 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. made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Such statements are subject to certain factors, risks and uncertainties that may cause actual results, events and performances to differ materially from those referred to in such statements. Factors which could cause actual results to differ from expectations include, among others, end user customer acceptance and actual demand, which may differ significantly from expectations, the need for the company to manage its growth, unknown competitive factors, the need to raise funds for operations and other risks within the regulation of the industry. |
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