HOUSTON, March 24, 2010 (GLOBE NEWSWIRE) -- Everybody's Phone Company, Inc. (Pink Sheets:EVPH), Texas' fastest growing provider of prepaid telephone services, today announced the company sets conference call to discuss deal with AT&T and other major US telecommunication carriers
In response to a flood of investor inquiries, Everybody's Phone Company has set an investor conference call for April 2, 2010. The time is scheduled for 4:15 PM EST. A number for the call will be sent by press release next week.
The AT&T deal announced at the close yesterday is a major milestone for the company and the company is ready to announce a slate of new deals with other major US carriers. EVPH expects to grow the company at an exponential rate in the next six to twelve months.
These pending deals with major carriers will have a significant multiplier effect for the company. From the AT&T deal alone, the company expects to generate a $4 million per year revenue run rate with an 18% bottom line. The ultimate target is to grow the revenue base to the $50 million plus level and package the company for a buyout.
Management is committed to delivering solid value to shareholders and the purpose of the call is to communicate the vision behind EVPH's growth strategy and the path to profitability.
About Everybody's Phone Company
Everybody's Phone Company, sells prepaid, unlimited local (dial tone) telephone service to the residential market, primarily in greater Houston. The Company is fully licensed by the Texas Public Utility Commission to resell telephone services throughout the State. Once EVPH achieves critical mass in Texas, the Company plans to expand its prepaid telecommunications product offerings nationwide. For more information, visit www.everybodysphonecompany.com.
The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by, among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.