VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 14, 2014) - Moimstone Corporation ("Moimstone" or the "Company") (TSX VENTURE:MSE) is pleased to announce the appointment of Gates Investments LLC ("Gates"), as Moimstone's independent marketing agent for Central and South America. Alexandre Hebra, President and CEO of Gates, has over twenty-five years' experience developing channel and carrier sales in the Americas for technologies similar to Moimstone's advanced telephony products. Mr. Hebra's strong relationships in Brazil, Argentina, Colombia, Peru, Chile, Mexico, Costa Rica, Honduras and several major Caribbean islands will allow Moimstone to rapidly develop sales channels, technical support and training in the region.
"We are very pleased to have Mr. Hebra and Gates represent our products in the Americas", says Rob Bakshi, CEO of Moimstone. "Mr. Hebra brings invaluable technical and market knowledge both of which are critical in developing these markets".
"The opportunity for growth for Moimstone in the region is significant given the clear lack of product offerings in the IP wireless space and high-quality enterprise level IP end points, both areas in which Moimstone offers superior technology", commented Mr. Hebra.
"While Mr. Hebra undertakes the task of market development, we will be busy getting our products certified for these markets", explains Mr. Bakshi. "Minor changes to our products will be made in order to adapt to the unique features requested by these markets. We expect to have products ready for sale in these markets by Q3 of 2014".
Moimstone Corporation is a Canadian technology company principally engaged in the design, development, marketing, and sale of communications equipment and software. It has a wholly-owned Korean subsidiary with an eight year history of supplying VoIP telephone equipment and other products to major Korean and international telecommunications carriers. For more information regarding Moimstone, please refer to its respective public filings available at www.sedar.com.
About Gates Investments LLC
Founded by Alexandre Hebra in early 2000, Gates Investments LLC is a Florida-based company specializing in developing distribution channels, logistics and marketing for telecommunications products and services in Latin American markets.
This press release has been prepared by Moimstone Corporation. Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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