SOURCE: iPhone2, Inc.

July 20, 2005 09:30 ET

IPHONE2, Inc. (OTC- "IPHN") Announces the Completion of the Acquisition of IPHONE2, Inc., a Nevada Corporation, to Operate as a Wholly Owned Subsidiary of IPHONE2, Inc.

IPHONE2, Inc. Reverse Splits Its Shares of Common Stock on a 1 for 10 Basis

ALAMOGORDO, NM -- (MARKET WIRE) -- July 20, 2005 -- Charles Greenberg, newly elected President of IPHONE2, Inc., (OTC: IPHN) formerly Eagle Worldwide Marketing, Inc. "EWWM," announced today that IPHONE2, Inc. has completed the acquisition of IPHONE2, Inc., a Nevada Corporation, an established enhanced service provider targeting the consumer and enterprise users of Voice and Video Over the Internet Protocal worldwide. Customers will utilize the carrier based Sylantro (www.Sylantro.com) platform with its robust applications for ImagePhone. The ImagePhone service is the next generation of Video/Softphone, allowing customers point-to-point voice and video calls utilizing their proprietary video software. The Nevada corporation will operate as a wholly owned subsidiary of IPhone2, Inc., a Washington corporation, with its operations office in Alamogordo, New Mexico. IPhone2, Inc. has restructured its issued and outstanding share structure to affect a 1 for 10 reverse split of its shares of common stock, effective on July 18, 2005. Contact: Mr. Charles Greenberg, President and CEO (505) 442-1991.

Certain of the statements made in this Company information summary regarding its business constitutes forward looking statements contemplated under the Private Securities Litigation Reform Act of 1995 and certain factors could cause actual results to differ materially from those projected. For a brief discussion of the risks and uncertainties that my effect our business and future operating results, please refer to the Company's 15c2-11 Filing Statement posted with the National Quotations Board, Pink Sheets under "Financial Reports" and other announcements under "News."

Contact Information

  • Contact:
    Mr. Charles Greenberg
    President and CEO
    (505) 442-1991