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WorldOne, LLC Retains Guirao & Alcaraz as Legal Counsel For Mergers and Acquisitions in the European Market.

HALLANDALE BEACH, Fla. -- WorldOne LLC, a joint venture of Payless Telecom Solutions, Inc. (OTC:PYTJ), which holds a 50% stake in WorldOne LLC and Sagitel Telecom, SL who holds the other 50% of equity, are pleased to announce they have retained the services of Guirao & Alcaraz, a prestigious European law firm, to oversee transactions involving mergers and acquisitions, and in-country licenses that will be acquired throughout the European telecommunications marketplace.

"I have just returned to Miami after spending a week in Spain," said Mr. Ricardo J. Canal, President of Payless Telecom Solutions, Inc. After careful thought and deliberation, we were able to select the appropriate law firm that will help us facilitate the development plans we have for the present and future growth of WorldOne LLC. The selection process was the first step in implementing our strategy for the European market and we can now move forward with acquisitions and/or joint ventures with more vigor. Moreover, this expansion will set the stage for remarkable growth potential and additional revenues for WorldOne, as well as our parent companies."

"Sagitel Telecom SL, since joining forces with Payless to form WorldOne, has created a powerful company with the ability to purchase, merge or joint venture with large and small European telecom companies. Now that we have retained Guirao & Alcaraz for legal representation, other companies will begin to acknowledge that we are a serious merger or buyout candidate," remarked Daniel Diaz, CEO of Sagitel Telecom SL.

About WorldOne, LLC

Through its parent companies, WorldOne, LLC has a considerable presence" in the US, Latin American, and European markets. With the inception of our expansion plan, we will also benefit the people of Africa and Asia's growing economy by providing less expensive expanded services and more efficient telecommunications.

About Payless Telecom Solutions, Inc.:

Payless Telecom Solutions, Inc. and its subsidiaries and acquisitions offer services such as local and long distance phone service, Voiceover Internet Protocol (VOIP), WiFi/WiMax technology, and Internet Protocol Television (IPTV). Located in South Florida, the company filled the needs of the Latin markets for more enhanced economical telecommunication services. From its inception, Payless has expanded from offering its services in Florida to 37 additional states and several countries in Central and Latin America.

About Sagitel Telecom, SL

Sagitel Telecom, SL, is located in Alicante, Spain with more than 7 years of experience in the sector of Telecommunications. Sagitel has based its development on the opening of new markets and on the supply of the most advanced products and services to residential and professional consumers. They offer their clients technological solutions that ensure the success of their businesses, providing an integral range of solutions based on service, solidity, reliability and quality of the products offered. Being based in Spain, they have made a special emphasis on targeting the tourist zones of the Spanish Mediterranean coast, the islands, and in the main industrial nuclei of the peninsula.

About Guirao & Alcaraz

The Law office of Guirao & Alcaraz was formed in January of 1986. The office specializes in the following legal areas: corporate and private government matters, Spanish and Foreign residents or corporations economic, administrative, fiscal, and telecommunications licensing rights as well as representation in criminal and civil matters.

Since its inception the office has been involved in international business, representing businesses clients from Sweden, Norway, Finland, Germany, the United States, as well as legal interests of other European countries. The members of the Office have been collaborating professors of the main school of Spanish business linked to the Department of Industry: the School of Industrial Organization. Likewise they have collaborated on legal reports and articles that have been published in European law magazines.

Statements in this press release that are not historical facts are forward-looking statements within the meaning of the Securities Act of 1933, as amended. Those statements include statements regarding the intent, belief or current expectations of the company and its management. Such statements reflect management's current views, are based on certain assumptions, and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors and will be dependent upon a variety of factors including, but not limited to, our ability to obtain additional financing and access funds from our existing financing arrangements that will allow us to continue our current and future operations and whether demand for our products and services in domestic and international markets will continue to expand. The company undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in the company's expectations with regard to these forward-looking statements or the occurrence of unanticipated events.
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Publication:Business Wire
Date:Jul 20, 2006
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