SOURCE: Everybody's Phone Company

March 15, 2011 08:00 ET

Everybody's Phone Company Announces Partnership With AT&T and Verizon in an $8 Billion Federally Funded Program

HOUSTON, TX--(Marketwire - March 15, 2011) - Everybody's Phone Company (PINKSHEETS: EVPH) today announces that through an agreement with local telephone companies AT&T and Verizon the Company now offers two federally funded programs, the Lifeline Assistance ("Lifeline") and Link-Up America ("Link-Up") to low-income customers who qualify. The programs are part of the Universal Service Fund (USF) which will distribute more than $8 Billion annually toward helping qualified low income consumers pay for basic telephone service through discounts and subsidiaries. The staff of Everybody's Phone Company will attend training with AT&T in anticipation of having new customers sometime in May 2011.

Lifeline and Link-Up fall neatly into Everybody's Phone Company's goals of helping low-income families enjoy the comforts of modern living. The Company already has enacted programs to aid churches and non-profit organizations provide phone service for the elderly and needy. Paired with giants like AT&T and Verizon, the company is poised for multiple sources of supplemental revenue through various community outreach programs.

Steven H. Bethke, President, states, "Being a part of these types of programs allows us to take joy in our work, joy which is usually uncharacteristic of utility providers. Through our partnerships with AT&T and Verizon as part of the USF we can provide real solutions to those who need telephone service while knowing that the money is already there to increase our bottom line. We never have to feel as if we are robbing someone's pocket-book or worry about incurring debt; it is with a clear conscience that we anticipate welcoming customers sometime in May 2011."  

Eligibility requirements vary from state to state. For more information on Lifeline and Link-Up, visit www.fcc.gov/cgb/consumerfacts/tribalfactsheet.html.

About Everybody's Phone Company
Everybody's Phone Company (EVPH) is expanding their 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 their 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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