RV Wireless, to Tap into $200 Billion U.S. Telephone Market as Company Signed Letter of Intent to Acquire LiveVoip, LLC
SCOTTSDALE, Ariz.--April 25, 2005--RV Wireless, Inc. (Pink Sheets:RVWS) today announced that they have signed a letter of intent to acquire LiveVoip, LLC, an Arizona based provider of Voice over Internet Protocol ("VoIP") communication services and products.Jeffrey Black, President, stated, "The acquisition of LiveVoip will allow RV Wireless to provide a complete line of proprietary VoIP products."
Mr. Black went on further to say, "RV Wireless is moving fast in the development of VoIP for distribution through companies like Connectifi, Inc. which RV Wireless owns 30% of. This acquisition will provide us with a voice offering tailored specifically for the RV market. We can offer a voice service that RVers will take with them lowering there cost of staying in touch." LiveVoip also provides a platform to develop a managed service offering for the resorts as well.
"We see a growing demand in the area of VoIP. Our program is designed to be an economical and efficient solution for our customers, which will enable us to begin offering VoIP to our clients quickly and without a large investment of their time or money."
RV wireless is hoping to tap into the $200 billion U.S. telephone market by offering a myriad of bundled service options that promise to expand revenue and pass on significant savings to customers.
"Our unique business model combines the power of the LiveVoip network, with industry leading features, to deliver several First Class VoIP telephony solutions," said Pamela Patterson, CFO and acting President. "Combining with Connectifi's Wireless services will bring a new VoIP reference design to the telephony and RV Market, thus giving Connectifi the brand name needed to propel the most affordable VoIP service to the masses in the U.S. and Canada and eventually throughout the World."
About LiveVoip, LLC (www.livevoip.com)
LiveVoip, LLC is an emerging global service provider of superior quality Voice over IP based solutions. Customers can call LiveVoip Toll Free from 32 countries and 75% of the telephones in use worldwide today. LiveVoip, LLC enables VoIP resellers, business and residential users to migrate to VoIP in a more user friendly and affordable way to communicate.
About RV Wireless, Inc.
RV Wireless is poised to consolidate the WiFi industry in the valuable niche market of RV Resorts. The Company owns a 30% stake in Connectifi, Inc. which offers the RVwifi solution to RV resorts in Arizona and California. Connectifi currently offers its RVwifi service in 18 resorts and passes by more than 22,000 RV sites, park model homes, manufactured homes and frame homes. The resorts are seasonal homes to 1 in 7 people over the age 50 -- 10,000 people per day will turn 50 for the next 20 years -- RVers control more than 70% of the assets and disposable income of North Americans. RV wireless is seeking a large customer base through acquisition and organic growth to distribute its unique bundle of communications products.
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