Purewater Sciences International Makes Announcement.
Glenn Michael Financial Inc. has been retained as a consultant for the $1,000,000 financing. It is expected that the funding will be completed before the end of the year. After the merger, the corporate name will continue as Visual Interactive Phone Concepts, Inc. with a new NASDAQ symbol and CUSIP number.
VISUAL has a U.S. patent for exclusive rights to a Videophone Interactive Mailbox Facility System (VIMF System). The U.S. patent and foreign patents filed give Visual exclusivity and worldwide protection for its invention until the year 2016.
The VIMF System includes a videophone which is a combination of a digital phone, a keyboard, a credit card swipe and a display screen for the presentation of text, voice and visual images. A camera, printer and fax are additional options.
The videophone based at a user station is connected to a central data center. The central data center provides one or more vendor services that operate over Plain Old Telephone Service or any other connectivity on an interactive real time basis.
The VIMF system eliminates the need to buy a phone and a computer and the need for constant upgrading of the computer with newer hardware to run newer software. Thus, expensive upgrading is eliminated. With the VIMF System one button initiates an interactive on-line session with user friendly screens. This allows the user to select any function he wishes to perform. Some functions include Internet access, home shopping, on-line banking, brokerage services, spread sheet processing and viewing of vacation resorts and department store catalogues. The system replaces the need for a personal computer and no computer skills necessary.
CONTACT: The Leodas Group, Inc.
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|Date:||Nov 10, 1997|
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