Tellza Communications Inc.
TSX : TEL

Tellza Communications Inc.

February 25, 2014 16:30 ET

Tellza Announces Completion of MatchCom Acquisition

TORONTO, ONTARIO--(Marketwired - Feb. 25, 2014) - Tellza Communications Inc. (TSX:TEL) announced that it has completed the purchase of the assets and assumption of liabilities of MatchCom LLC, A Florida company ("Matchcom"). The purchase consideration was $585,000 in cash, the issuance of five million common shares from treasury and 10% of the shares of the acquisition Company Matchcom Telecommunication Inc. (http://www.matchcoms.com). The series of transactions results in Tellza owning 90% of the former business of MatchCom LLC.

MatchCom's business is complimentary to Tellza's other brands and is expected to contribute $500,000 of profits annually. The economic interests of MatchCom accrue for the benefit of Tellza from January 1st, 2014, pursuant to the purchase agreement.

"We are pleased to have completed the Matchcom acquisition," said Gary Clifford, Executive Chairman.

The Company's other disclosures are available on SEDAR.

About Tellza

Tellza is a global communications company operating under several brands including Route Dynamix, Phonetime, Tel3, MatchCom, and Tellza Technologies. Tellza is a public company listed on the Toronto Stock Exchange (TEL).

Caution Regarding Forward Looking Information:

This press release contains forward-looking statements, which may be identified by words like "expects", "anticipates", "plans", "intends", "indicates" or similar expressions. These statements are not a guarantee of future performance and are inherently subject to risks and uncertainties. Tellza's actual results could differ materially from those currently anticipated due to a number of factors set forth in reports and other documents filed by the Company with Canadian securities regulatory authorities from time to time. See www.sedar.com which contains all securities files.

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