OTC BB symbol (ZUPC)
MIAMI, FL, June 21 /CNW/ - Zupintra Corporation Inc. announced today that
the company has finalized an agreement on behalf of Zupintra Communications
Inc., a wholly owned subsidiary of Zupintra Corporation, with Network
Technologies International, Inc. (NTI) to provide prepaid internet and voice
services for the Ghana market.
With this agreement, Zupintra will provide an initial installation of
bundled services in three thousand (3,000) homes. Zupintra can provide
services for up to ten thousand (10,000) subscribers in Ghana under a prepaid
platform. NTI has had a presence in Ghana for the past four years and will
provide all technical support. NTI will also implement and facilitate the
installations under the supervision of Zupintra.
The bundled service including local phone calls and high speed internet
will be sold for $99.00 per month, per household. Long distance rates will
range from 0.17 to 0.19 cents per minute. Zupintra expects revenues in excess
of $100,000.00 per month for every one thousand (1,000) households completed,
in addition to the long distance revenue.
"There is a tremendous amount of opportunity in Ghana for the types of
services and price points that Zupintra can provide," stated John Alexander
(Lex) van Arem, CEO of Zupintra Corporation. "This agreement will make
Zupintra a household name in the Ghana market."
Additionally, the company has completed the name change to Zupintra
Corporation Inc. The cusip number is 98982J 10 4.
Zupintra Corporation Inc's core business runs through its wholly owned
subsidiary, Zupintra Communications Inc. Zupintra is a facilities based
wholesaler of international voice traffic within the carrier to carrier
network. As a wholesale VoIP provider, Zupintra Communications Inc. signs both
origination and termination contracts with next generation carriers and
profits from negotiated rates.
NTI. Network Technologies International, Inc. is dedicated to building,
owning, and operating Tier 1 & Tier 2 quality telecommunications network
infrastructure in emerging global markets. The Company's competitive advantage
is derived from efficient utilization of VoIP technologies, combined with an
intimate knowledge of its markets. NTI facilities include infrastructure in
the United States, Ghana and Mexico. The Board of Directors has over 40 years
of combined experience with extensive backgrounds conducting business in the
Company's markets. The corporate offices are in Newport Beach, California, and
it maintains a staff of 14 in California, Utah, Washington, DC, Mexico City
and Accra, Ghana.
FRANKFURT - WKN No.: A0DQU5
In compliance with the "safe harbor" provisions of the Private Securities
Litigation Reform Act of 1995, ZUPC notes that statements contained in this
announcement that are not historical facts may be forward - looking statements
that are subject to a variety of risks and uncertainties. Accordingly, ZUPC
wishes to caution readers of this announcement that its future actual results
may differ materially from those that any forward - looking statements may
imply. There is no assurance the above - described events will be completed.
There can be no assurance of the ability of the company to achieve sales
goals, obtain contracts or financing, consummate acquisitions or achieve
profitability in the future. The above and additional factors are discussed in
detail in the company's filings with the U.S. Securities and Exchange
Commission. These may be viewed at www.sec.gov and many other Web sites
For further information:
For further information: For Investor Relations contact: David Putnam,
Email: email@example.com, (416) 815-1771 ext.227, www.zupintra.com