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Moliris Corp., Announces Letter of Intent to Acquire 100% of Digifonica --International-- Limited.


DALLAS -- Moliris Corp (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:MOLR MOLR Microstrip Open-Loop Resonator ) is pleased to announce that it has signed a letter of intent to acquire 100% of Digifonica (International) Limited ("Digifonica"), a Gibraltar company. Digifonica is a global telecommunications company See telecom company.  utilizing VoIP technology. In consideration for the acquisition, Moliris will issue 10 million restricted shares of its common stock to the Digifonica shareholders. The acquisition is subject to completion of due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired.  by both parties as well as the negotiation and execution of a definitive purchase agreement.

About Digifonica

Digifonica is developing a new generation global telecommunications company that promises to create a new paradigm New Paradigm

In the investing world, a totally new way of doing things that has a huge effect on business.

Notes:
The word "paradigm" is defined as a pattern or model, and it has been used in science to refer to a theoretical framework.
 through its revolutionary and proprietary technology combined with innovative business and sales processes.

As a telecommunications business enabler, Digifonica technology will allow carriers and partners to offer to their subscribers and members a unique and compelling value proposition -- access to personal and business telephone services that are high quality, low cost, feature-rich and fully portable using fixed line or cellular handsets. Wherever they are in the world, subscribers will have their phone service available without incurring expensive roaming or relocation charges. Digifonica's planned wholesale marketing strategy with major organizations will position the company to support a large and rapidly expanding subscriber base worldwide. These services may be deployed with little capital expenditure, low cost of operation, immediate revenue generation -- essentially a "no risk solution" for any organization.

Digifonica's sales and marketing strategy will provide new revenue and new market opportunities not only for existing telecommunications carriers, but to ANY organization with an established customer base that wishes to sell telephone service. Examples of these organizations can be financial institutions, credit card companies, cellular carriers, and international membership affinity organizations. Services supplied by Digifonica will provide a powerful and effective way for these groups to generate new highly profitable revenue streams, expand their product portfolio, enhance their branding and maintain higher customer retention rates.

Digifonica's proprietary technology and underlying telephone networks will provide a cost effective end-to-end telecommunications solution by delivering both local and long distance telephone services. The companies' customer acquisition and maintenance strategies are modelled to produce a recurring revenue model similar to that of a utility company. Digifonica expansion plans include using regional joint ventures, licensing and partnering agreements to ensure rapid, controllable subscriber growth. These services will be sold by our regional partners in a bundled (white-labelled, custom-brandable) wholesale manner that allows the local partner to market in their own name and resell the services as their own.

Digifonica's telephone service platform was designed to include many differentiating features, namely:

--a unique blend of massive scale-ability (500,000 + subscribers) per location;

--reactive-on-demand capacity expansion that scales with growth;

--a complete line of telephone services and products including home, business and mobile solutions;

--web based billing and real time eCommerce billing systems;

--global calling from any country to any country with efficient routing and voice quality assurances;

--low cost deployment cost requirements for a reseller or telecom carrier;

--lowest cost telephone service delivery to the customer;

--completely customize able telephone service bundling and pricing;

--branding independent sales and marketing strategy.

The Digifonica technology and voice networks will also provide:

--global roaming of home telephone and mobile telephone services;

--multiple telephone numbers from many cities in the world ringing to one phone;

--auto transfer of calls around the world to any other phone without long distance fees;

--free global long distance between any subscriber of the Digifonica network;

--SMS/MMS text messaging Sending short messages to a smartphone, pager, PDA or other handheld device. Text messaging implies sending short messages generally no more than a couple of hundred characters in length.  between mobile and desktop phones;

--video telephones and integration of video services from cellular to home telephones.

Digifonica is implementing a high availability Also called "RAS" (reliability, availability, serviceability) or "fault resilient," it refers to a multiprocessing system that can quickly recover from a failure. There may be a minute or two of downtime while one system switches over to another, but processing will continue.  VoIP based telephone transit network transit network - A network which passes traffic between other networks in addition to carrying traffic for its own hosts. It must have paths to at least two other networks.

See also backbone, stub.
 over existing fibre and wireless infrastructures already deployed around the globe. Voice over IP (VoIP) allows users to "packetise" their voice traffic onto an internet network so they can avoid using the public switched telephone network (PSTN (Public Switched Telephone Network) The worldwide voice telephone network. Once only an analog system, the heart of most telephone networks today is all digital. In the U.S. ). This enables users to make free or cheaper calls. In designing the proprietary Digifonica platform, company engineers used internet-based network designs and applied them to the traditional telephone services resulting in significant enhancements to service delivery, reliability while lowering the cost of operation. This new technology platform promises to offer telephone service with carrier-class reliability capable of withstanding numerous failures including complete regional failure of routing nodes with little or no affect on service delivery.

Digifonica's initial network is operational with major routing networks in Europe and North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . Sales and marketing initiatives are currently underway in many countries including China, Libya, Indonesia, Mexico, and both Eastern and Western Europe Western Europe

The countries of western Europe, especially those that are allied with the United States and Canada in the North Atlantic Treaty Organization (established 1949 and usually known as NATO).
.

Digifonica Board of Directors

Committed to delivering high value to shareholders, Digifonica has assembled a strong board of independent directors with a depth of experience in International Telecommunications, finance and technology implementation. Members of the Digifonica Board include:

Tookie Angus -- Vancouver, Canada, Lawyer with 25 years experience in corporate finance, global mergers and acquisitions of multi-billion dollar companies, both startups and mature.

Gordon Blankstein -- Vancouver, Canada, Over 20 years experience in founding and financing global deployment of fibre optics fibre optics

Thin transparent fibres of glass or plastic that transmit light through their length by internal reflections, used for transmitting data, voice, and images.
. Successfully created billions of dollars of market value for investors and managed international corporations.

Emil Malak -- Vancouver, Canada, Recognized innovator and successful businessman in Middle East, Europe, Asia and North America. Financier of numerous start-up companies.

Dr. Tom Sawyer -- Orem, Utah Orem is an incorporated town in the north-central part of the state of Utah in Utah County. It is adjacent to Provo, Lindon, and Vineyard and is about 45 miles south of Salt Lake City. As of the 2000 census, the city had a total population of 84,324. , USA., Senior scientific advisor to three U.S. Presidents. Recognized principal, innovator and entrepreneur in telecommunications hardware businesses.

Dr. Colin Tucker -- London, U.K., Deputy Chairman, 3G-UK and Deputy Chairman of Hutchison Whampoa Hutchison Whampoa Limited or HWL (Traditional Chinese: 和記黃埔有限公司, HKSE: 0013  Limited's European Telecommunications Group.

David Warnes -- Mountain View, California For the census-designated place, see Mountain View, Contra Costa County, California. For other places called "Mountain View", see .
Mountain View is a city in Santa Clara County, in the U.S. state of California. The city gets its name from the views of the Santa Cruz Mountains.
, President and 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. , Best Direct Network, previously CEO New World networks and senior manager with Cable & Wireless

Digifonica Management Team

To implement the Digifonica vision, a solid management team is in place consisting of the following key individuals:

Robert Altinger -- Chief Executive Officer

Broad International experience over twenty years TWENTY YEARS. The lapse of twenty years raises a presumption of certain facts, and after such a time, the party against whom the presumption has been raised, will be required to prove a negative to establish his rights.
     2.
 holding senior IT positions at Microsoft, Avanade & JP Morgan. Strong background in operations management, systems engineering & architecture, project management and business development.

Clay Perreault -- Chief Technology Officer

Digifonica visionary, experienced in deploying technology into real world solutions. Recognized by many governments as a leader in innovative telephony technology.

David Hayes, Ph.D. -- Chief Financial Officer

Extensive experience in public markets and public companies, principal of several financial services companies and former professor of business at University of British Columbia Locations
Vancouver
The Vancouver campus is located at Point Grey, a twenty-minute drive from downtown Vancouver. It is near several beaches and has views of the North Shore mountains. The 7.
, a leading Canadian University.

Michael Bowerman -- Director of Marketing and Business Development

Extensive business development and management experience in telecommunications industry, including Hutchison Telecom and Orange Cellular, Europe.

This release shall not constitute an offer to sell or the solicitation of an offer to buy securities to or from any person. A number of statements in this press release are "forward-looking statements", which are made pursuant to the 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.
 provisions of the Private Securities 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.
 Act of 1995. Such forward looking statements involve important risks and uncertainties that could significantly affect anticipated results and accordingly such results may differ materially from those expressed in forward-looking statements made herein.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 10, 2005
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