SOURCE: St. Joseph, Inc.

St. Joseph, Inc.

April 03, 2014 08:30 ET

St. Joseph CEO Comments on Status of RTO With Zone USA and Key Accomplishments at ANPI

TULSA, OK--(Marketwired - Apr 3, 2014) - St. Joseph, Inc. (OTCQB: STJO) today issued a formal corporate update, commenting on the status of its planned Reverse Takeover (RTO) by Zone USA, Inc. and other key developments recently announced by ANPI, the principal subsidiary of Zone USA's 50%-owned company, ANZ Communications. St. Joseph's President and CEO, Gerry McIlhargey stated:

"Our efforts to advance the planned RTO with Zone USA have continued unabated over the past several months, with our attention continuing to focus on implementing our capital formation strategies in collaboration with our investment banking partner, Brean Capital. We are actively engaged in discussions with several major institutional investment firms and anticipate finalizing terms and financing structure in the near future.

"Meanwhile, ANPI's efforts to achieve industry adoption of its recently launched Hosted Unified Communications (UC) platform have resulted in a number of notable accomplishments announced by the Company since the first of the year. Specifically:

  • On January 30, 2014, ANPI announced that they inked a new partnership with Telecom Consulting Group of Florida (TCG), one of the largest master agencies in the United States. TCG's nationwide network of 500+ agents are now actively marketing ANPI VIP, a full featured Hosted UC solution with seemliness integrated mobility and audio/video collaboration tools to its clients.

  • On February 4, 2014, ANPI reported that Cirrinity Wireless, based in Wittenberg, Wisconsin, has selected the ANPI Hosted UC solution to expand its business services portfolio. In addition to their other offerings, Cirrinity is now actively offering ANPI's integrated UC suite to their business and enterprise customers for a fraction of what it would cost in time, money and manpower to develop and implement their own solution.

  • In late February 2014 at the Channel Partners Conference & Expo, ANPI officially debuted its updated ANPI VIP Hosted UP solution, noting that since its original launch in August 2013, the solution set was updated to include BroadCloud features, such as mobile client and collaboration tools, making it one of the few fully Broadsoft implementations.

  • ANPI has also made announcements relating to expansion of its national sales and marketing team with new channel partners being added to its southwest and northwest regions; and a new Vice President of Carrier Solutions being welcomed last month.

"We are very pleased that ANPI appears to be achieving fast traction with the new UC platform and fully expect that its strong growth momentum will persist and likely accelerate as 2014 continues to unfold," concluded McIlhargey.

About ANZ Communications, LLC

Based in Springfield, Illinois, ANZ Communications, LLC is a joint venture owned by Zone USA, Inc. and ANPI Holding, Inc. Through its principal operating company, ANPI, ANZ is a telecommunications company serving the evolving needs of rural local exchange carriers and their affiliates (RLECs), competitive local exchange carriers (CLECs), interexchange carriers (IXCs) nationwide, as well as wireless carriers, corporate enterprise and residential customers in primarily rural markets across the U.S.

About Zone USA, Inc.
Zone USA, via its 50% shareholding of ANZ Communications LLC, is engaged in providing telecommunications services to the residential market, retail business market and wholesale carrier market, including long distance telephone services, local exchange services, high-speed internet and wireless services, access and signaling services, private data networks and value added telecommunications and/or administration services. Zone USA is looking to expand its telecommunications services in the United States that are complementary to its existing business, including, but not limited to, development of wireless services.

About St. Joseph, Inc.
Headquartered in Tulsa, Oklahoma, St. Joseph, Inc. is a publicly traded company focused on effecting a reverse takeover with Zone USA, Inc., a holding company which owns a 50%, jointly-controlled interest in ANZ Communications, LLC. For more information about St. Joseph, Inc., please visit www.stjosephinc.com.

This press release consists of forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Those statements include statements regarding the intent, belief or current expectations of the Company and its management. In particular, there is no assurance that the parties will reach a definitive agreement for the proposed transaction or that the transaction will be completed. Additionally, no assurance can be provided that the terms of any transaction will be similar to those contemplated by the Letter of Intent. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve a number of risks and uncertainties, and actual results could differ materially from those indicated by such forward looking statements. The Company assumes no obligation to update the information contained in this press release, whether as a result of new information, future events, or otherwise.

Contact Information

  • Investor and Media Contact:
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    Kathy Addison
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