SOURCE: Vista Partners LLC

Vista Partners LLC

November 11, 2014 09:00 ET

Vista Partners Initiates Coverage on Fusion Telecommunications International, Inc. (NASDAQ: FSNN); $9.50 Price Target

SAN FRANCISCO, CA--(Marketwired - Nov 11, 2014) - Vista Partners announced today that it has initiated coverage on Fusion Telecommunications International, Inc. (NASDAQ: FSNN) ("The Company", "Fusion" or "FSNN") with a twelve-month price target of $9.50. Ross Silver, Principal Analyst at Vista Partners, stated, "Fusion is one of the leading companies in the fast-growing cloud services market segment as communications, data and business applications increasingly move to the cloud." Mr. Silver continues, "Fusion has made three key acquisitions in the past 24 months. Fusion seeks to complement its organic growth with targeted acquisitions that meet its highly selective criteria. Fusion has stated its acquisitions in the cloud services space must be immediately accretive to Fusion's EBITDA, add significant contracted, monthly recurring revenue and a growing customer base with low churn, deliver cross-sale and up-sale opportunities and experienced professionals to help the company scale."

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About Vista Partners:
Vista Partners LLC, founded in 2005, is a Registered Investment Advisor in the States of California and Oregon. The firm's professional staff has backgrounds in finance, corporate communications and investment banking. Vista focuses on investing globally across all market sectors. Vista also provides investment considerations on publicly traded companies through a platform of stock research reports, newsletters, company specific webpages and daily commentary. The platform of products is meant to serve as potential tools for investors to learn about investment considerations. It is Vista's mission to provide investors with tools that may enable them to make profitable investment decisions with the goal to deliver investment considerations that outperform small, mid and large cap equity indexes.

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