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Old 03-03-2015, 01:57 PM   Nav to Top  #1
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Default Telecorp (TLNUF) Makes Bid for Full Ownership of Dev Datamedics Software Company

Telecorp (TLNUF) Makes Bid for Full Ownership of Dev Datamedics Software Company


BARRIE, Ontario, March 3, 2015 /PRNewswire/ -- Telecorp, Inc. (OTC Markets: TLNUF) ("Telecorp" or the "Company"), a growing provider of software communications solutions, announced today, that the Company has made a formal bid to acquire a full ownership in Chandigarh, India-based, Dev Datamedics & Software Pvt Ltd ("Dev Datamedics"). Dev Datamedics is a web design, web development and search engine marketing company, with positive cash flow and clients located around the world; in India, Australia, UK, Dubai, Canada and the United States. Management stated that the 100% acquisition will be completed with a combination of cash, stock, positions in Telecorp and differed payments, valued at approximately $100,000 for complete ownership of the India-based company.





Under the proposal, Telecorp will invest approximately $35,000 in capital. This will increase their staff of 8; including the hiring of an office manager, Google AdWords Technician and E-commerce Specialists. In addition, if Telecorp finalizes its previously announced 51% acquisition bid for Toronto-based Doozi Entertainment Company Inc., their operations team will add 3 App developers for expanding the operations of Dev Datamedics.

Dev Datamedics will be renamed under the Telecorp corporate banner and Management is planning to make a number of influential changes. Dev Datamedics branding website NeT4gains (Web Design Company,Website Development, SEO, Outsource Software Development, Chandigarh, India, Canada), will still operate as it currently does, however, at this time, Management is considering merging it with Telecorp's Bytexit product (byte(X)it), which was recently acquired. Between these two entities, Telecorp will complete development of Bytexit and provide a number of new, disruptive and unique tools. The core business of Dev Datamedics will be to work on web site development for Doozi and Telecorp's products.

Telecorp has a number of major distributers ready to sell the Company's high impact web sites. It is anticipated that after the Company completes the acquisition of Dev Datamedics, Telecorp will produce an increase in its profits per month, after three months. Profits are expected to exceed $50,000 monthly, by year end.

"This purchase will give us the opportunity to operate a great business, with excellent margins and we will be able to kick start the development of Bytexit," stated Paul Phillips, President and CEO of Telecorp. "We already have 2 major distributors that represent over 70,000 businesses that will begin selling to new clients in late spring of 2015."

Pending the negotiation of a definitive acquisition agreement, Telecorp expects to complete this transaction within this first fiscal quarter


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About Dev Datamedics:
NeT4gains is an offshore web design, web development and search engine marketing company, providing valuable outsourcing services to clients worldwide. The Company has been in the industry for the last ten years, offering website design, web development, e-commerce solutions, CMS websites, search engine optimization (SEO), Google AdWords PPC campaigns and social media (Facebook pages, Twitter, Google+, LinkedIn profile) optimization services.

About Telecorp Inc.
Telecorp is an emerging provider of communication solutions to an array of companies and industries including, automotive, real estate, financial, health, charities, and many more. Telecorp offers creative software solutions for communicating with customers at levels never seen before. A total solution that is not only affordable, but indispensable for any business, no matter the size. Telecorp's modules allow the best marketing tools, first rate sales acquisition systems, customer communication processes, and drive greater profitability from every interaction, allowing every user to reduce costs and increase productivity at every use.

The Company's integrated suite of customized solutions includes, but is not limited to: customer acquisition, customer care, automated voice services, emergency communications, conferencing, data management, webinars, customer and hardware support tools, e-mail, fax and text broadcast messaging, direct to voice mail messaging, customized voice messaging, text to speech systems, predictive and progressive dialing, contact management solutions and much more.

Telecorp Inc. was incorporated in Canada in 2009.

Safe Harbor Statement
Except for historic information contained in this release, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results in the future to differ materially from forecasted results. These risks and uncertainties include, among other things, the company's ability to attract qualified management, raise sufficient capital to execute its business plan, and effectively compete against similar companies.

www.telecorp.com
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Old 04-13-2015, 08:03 AM   Nav to Top  #2
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Default Telecorp (TLNUF) Signs Purchase Agreement for Acquisition of Dev Datamedics

Telecorp (TLNUF) Signs Purchase Agreement for Acquisition of Dev Datamedics




BARRIE, ON / ACCESSWIRE / April 13, 2015 / Telecorp, Inc. (TLNUF) ("Telecorp" or the "Company"), a growing provider of software communications solutions, announced today that it has successfully executed the acquisition agreement for the purchase of Dev Datamedics & Software Pvt Ltd ("Dev Datamedics"). Dev Datamedics is a web design, web development and search engine marketing company with positive cash flow. The company has many global clients located in India, Australia, UK, Dubai, Canada and the United States. Dev Datamedics has been in business since 1999 and has generated steady annual sales growth since inception. Dev Datamedics will operate as a wholly-owned subsidiary of Telecorp, Inc., maintaining its office in Chandigarh, India.

On a monthly basis, Dev Datamedics is anticipated to initially generate approximately $20,000 to $40,000 in revenues. Sales from Dev Datamedics will be reflected in Telecorp's first quarter financials.

"The acquisition of Dev Datamedics is an essential part of Telecorp's aggressive growth strategy. Our customers will benefit from the enlarged global network, the increased portfolio of value-added services, the combined operational excellence and the consistent service quality worldwide," said Paul Phillips, CEO of Telecorp, Inc. "We are very much looking forward to welcoming the employees from Dev Datamedics and towards combining the strengths of both Telecorp and Dev Datamedics."

A final Bill of Sale is expected to occur within two weeks after an on-site due diligence visit is conducted by Paul Phillips next month. The acquisition will be completed with a combination of cash, stock, positions in Telecorp and delayed payments, valued at approximately $100,000 for complete ownership of Dev Datamedics. Telecorp will invest approximately $35,000 in capital, with first payment being made immediately upon completion of its due diligence visit and final payment will be within 3 months of ownership transfer. Telecorp has a number of major distributers ready to sell the Dev Datamedics high impact web sites. The company plans to announce partners with Sales and Distribution channels within 60 days.

About Dev Datamedics:

NeT4gains is an offshore web design, web development and search engine marketing company, providing valuable outsourcing services to clients worldwide. The Company has been in the industry for the last ten years, offering website design, web development, e-commerce solutions, CMS websites, search engine optimization (SEO), Google AdWords PPC campaigns and social media (Facebook pages, Twitter, Google+, LinkedIn profile) optimization services.

About Telecorp Inc.

Telecorp is an emerging provider of communication solutions to an array of companies and industries including, automotive, real estate, financial, health, charities, and many more. Telecorp offers creative software solutions for communicating with customers at levels never seen before. A total solution that is not only affordable, but indispensable for any business, no matter the size. Telecorp's modules allow the best marketing tools, first rate sales acquisition systems, customer communication processes, and drive greater profitability from every interaction, allowing every user to reduce costs and increase productivity at every use.

The Company's integrated suite of customized solutions includes, but is not limited to: customer acquisition, customer care, automated voice services, emergency communications, conferencing, data management, webinars, customer and hardware support tools, e-mail, fax and text broadcast messaging, direct to voice mail messaging, customized voice messaging, text to speech systems, predictive and progressive dialing, contact management solutions and much more
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Old 09-29-2015, 09:43 AM   Nav to Top  #3
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Default (TLNUF) Announces Business Outlook for Remainder of Its Fiscal Year

Telecorp (TLNUF) Announces Business Outlook for Remainder of Its Fiscal Year



BARRIE, ON / ACCESSWIRE / September 29, 2015 / Telecorp, Inc. (OTC Markets: TLNUF) ("Telecorp" or the "Company"), a growing provider of software communications solutions, is pleased to give a corporate update and business outlook for its upcoming third and fourth quarters.

Telecorp is in the midst of a breakthrough that began in early spring. This turnaround is being fueled by a number of factors, among them is Management's clear strategy on building upon its acquisition approach to generate revenue for the Company. OnMarch 8th, the Company formally signed the necessary paperwork to acquire Chandigarh-headquartered IT development and search engine marketing company, Dev Datamedics & Software Pvt Ltd ("Dev Datamedics"). With the financial audits of Dev Datamedics now completed, the final closing is expected to be concluded this upcoming week. Dev Datamedics provides state-of-the-art custom web design, web development and search engine optimization to clients worldwide and with this acquisition, approximately $20,000 to $40,000 in monthly revenues is estimated to be reflected on Telecorp's income statement.

With the expected cash flow from the acquired business, Telecorp intends to use the cash to pay off approximately $225,000 in debt. Telecorp continues to attract strong investment and funding interest and is presently working to secure non-toxic funding to close other acquisitions.

"We are now in serious negotiations for significant investments to purchase up to three (3) more companies," stated Paul Phillips, CEO of Telecorp Inc. "With that we anticipate that we can also generate meaningful revenues that can spearhead aggressive development of all of Telecorp's products."

About Dev Datamedics:

Dev Datamedics & Software Pvt Ltd. dba NeT4gains is an offshore web design, web development and search engine marketing company, providing valuable outsourcing services to clients worldwide. The Company has been in the industry for the last ten years, offering website design, web development, e-commerce solutions, CMS websites, search engine optimization (SEO), Google AdWords PPC campaigns and social media (Facebook pages, Twitter, Google+, LinkedIn profile) optimization services.

About Telecorp Inc.

Telecorp is an emerging provider of communication solutions to an array of companies and industries including, automotive, real estate, financial, health, charities, and many more. Telecorp offers creative software solutions for communicating with customers at levels never seen before. A total solution that is not only affordable, but indispensable for any business, no matter the size. Telecorp's modules allow the best marketing tools, first rate sales acquisition systems, customer communication processes, and drive greater profitability from every interaction, allowing every user to reduce costs and increase productivity at every use.

The Company's integrated suite of customized solutions includes, but is not limited to: customer acquisition, customer care, automated voice services, emergency communications, conferencing, data management, webinars, customer and hardware support tools, e-mail, fax and text broadcast messaging, direct to voice mail messaging, customized voice messaging, text to speech systems, predictive and progressive dialing, contact management solutions and much more
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