SOURCE: Zcom Networks, Inc.

June 23, 2009 09:15 ET

Zcom Networks, Inc. Announces Strategic Alliances With Nexus Communications of Brazil

LOS ANGELES, CA--(Marketwire - June 23, 2009) - Zcom Networks, Inc. (PINKSHEETS: ZCNW) is pleased to announce today that Kortel Communications, Inc. (www.kortel.net), a subsidiary of Zcom, has Signed a Strategic Alliance Agreement with Nexus Communications of Brazil. Based on the terms of this agreement, Kortel Communications will be able to expand its global telecommunications network by offering premium-quality switched traffic origination and termination from São Paulo, Brazil. The origination voice traffic will be from Brazil proper countrywide which will then be terminated and routed from our switched network in Los Angeles for termination across the globe. "We will be aggressively pursuing partnership, strategic alliances and joint ventures with tier one telecom companies domestically and internationally in order to expand and enhance our reliability, redundancy and cost structure of our telecom services worldwide," said Dr. Alex Parsinia, Zcom CEO.

For more information about Zcom Networks, Inc., visit www.zcomnetworks.net

Zcom is a multi-industry company. Through its subsidiaries and holdings, it has three core businesses: Media Broadcasting, Telecom, and Mineral rights/Real Estate. Zcom offers radio and video content delivered live and on demand over the internet. Audiences can access programs 24 hours a day, seven days a week, directly or via podcast. The company's Satellite TV broadcast, Talk Money TV, reaches nearly 10 million total potential viewing households in the US, Canada and Mexico. In the Telecom Sector, Zcom offers voice and data termination services to wholesale and retail customers for both fixed and fixed to mobile platforms with interconnectivity through VOIP, TDM, E1, or traditional interfaces. Zcom's Mineral Rights/Real Estate Division owns a mining development, exploration, and extraction company with a 160-acre gold, silver, tungsten, platinum and copper placer mining claim -- CLS #12 in Ridgecrest, California. Additionally, Zcom is a joint venture partner in the Playa Paraiso Development Project in Panama, which includes the construction and sale of 5 beachfront villas and 20 condominiums.

Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.

Contact Information

  • Contact:
    Zcom Networks, Inc.
    Dr. Alex Parsinia
    CEO
    310-754-5599
    800-429-8182
    Email Contact: Email Contact