DeNovo Corp. reaches agreement to acquire Charge Call International Ltd.CORAL SPRINGS Coral Springs, city (1990 pop. 79,443), Broward co., SE Fla.; inc. 1963. Largely residential, it is a city that has grown rapidly along with the southern Florida and Fort Lauderdale area. The population of Coral Springs nearly doubled between 1980 and 1990. , Fla.--(BUSINESS WIRE)--March 31, 1995--DeNovo Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :DNVOF) announced that it had reached an agreement to acquire Charge Call International Ltd. (CCI CCI Chambre de Commerce et d'Industrie (France) CCI CAM (Complementary and Alternative Medicine) Citation Index CCI Chamber of Commerce and Industry (Western Australia) ) which is based in Preston, England. The company provides international long-distance telephone service to hotels and corporate customers in the United Kingdom and Europe. Charge Call International currently provides service to hotels representing over 30,000 hotel rooms and is also introducing an international calling card targeted for European consumers and businesses. ``Charge Call International provides us with a very strategic and synergistic synergistic /syn·er·gis·tic/ (sin?er-jis´tik) 1. acting together. 2. enhancing the effect of another force or agent. syn·er·gis·tic adj. 1. member of our corporate family,'' said Michael D. Herman, president of DeNovo Corp. ``Our existing subsidiary Teleconcepts, designs and markets telephone hardware for home use under a Bell Logo. We have a growing retail base and with the help of Charge Call International, we see a clear opportunity to enter the rapidly growing European telecommunications market.'' The closing of the acquisition is anticipated to occur within 30 days subject to certain terms and conditions. DeNovo Corp. further announced that it had retained Kornblum International (South) Inc. to provide strategic marketing, positioning, and communication planning Communication planning is the art and science of reaching target audiences using marketing communication channels such as advertising, PR, experiences or direct mail for example. It is concerned with deciding who to target, when, with what message and how. to both Teleconcepts and Charge Call International. ``We look forward to helping this exciting telecommunication group grow on an international level. The opportunities are significant and the combined talents of the team appear more than capable of maximizing our position as a leader in the marketplace,'' said Warren Kornblum, chairman of Kornblum International (South) Inc. -0- Note to Editors: This release does not constitute an offer to sell, or a solicitation solicitation In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual of an offer to buy, any securities. CONTACT: DeNovo Corp., Coral Springs Michael D. Herman, President, 305/345-2266 |
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