SOURCE: Everybody's Phone Company

March 16, 2011 08:00 ET

Everybody's Phone Company Announces New Agreements With National Servicing Corp. Which Will Allow 30-50% Increase in Revenues by Purchasing Loans

HOUSTON, TX--(Marketwire - March 16, 2011) - Everybody's Phone Company (PINKSHEETS: EVPH) announces the newest direction in company growth. The Company entered into a contract which guarantees a 30-50% increase in profit that could approach $200,000 a month in revenue. The Consulting Agreement with National Servicing Corp. allows EVPH to enter the trillion dollar loan investment industry. EVPH will purchase debt portfolios from National Servicing Corp. for pennies on the dollar and work with National Servicing Corp. (who will service the debt) to either accept payments as the new debt holder (yielding about 30% profits) or resell/refinance the debt (yielding about 40% profits). On average, EVPH can earn four times what the debt is worth while helping people modify their defaulted loans. EVPH will purchase aged performing/non-performing debt that will yield 120% of their initial investments within 180 days.

National Servicing Corp. President and CEO Thomas Law states, "We are excited to enter into this contract with EVPH. They are currently a company which values helping others as is evident through their work with churches, non-profit organizations and their newly acquired Lifeline and Link-Up programs through the USF. We are proud to step in as partners to further their goals of aiding the credit disadvantaged. Additionally, the revenues and profits of our industry are astronomical and the possibilities for sustained company growth, that I see, for EVPH are limitless."

About National Servicing Corp.
Founded by industry pioneer Thomas Law and managed by a dedicated team of experienced workout professionals, NSC is a boutique shop built around human assets with a second-to-none understanding of this business. Their four person management team alone has over 100 years of collective loss mitigation experience behind them. The company's goals include, to work in ways that are collaborative, not confrontational; in ways that will convert more delinquent loans into happy borrowers. Sometimes there's just no substitute for experience, especially at this unique time when so many borrowers are opting for "strategic default."

About Everybody's Phone Company
Everybody's Phone Company (PINKSHEETS: EVPH) is expanding its services to include pre-paid energy, utility, and internet services. EVPH also plans to buy and consolidate defaulted mortgage loans. Simultaneously, EVPH will be in close contact with those who need its services most through buying defaulted loans. EVPH started out acquiring heavily discounted telephone service from the incumbent local exchange carriers and reselling the services at premium rates on a prepaid basis yielding above average profit margins and mitigating bad debt. Once EVPH achieves critical mass in Texas, it plans to expand its prepaid telecommunications products, utility services and debt buying abilities nationwide. For more information, visit www.everybodysphonecompany.com.

The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by, among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.

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