LONDON, Aug. 16 /CNW/ - Convergence Technologies Group Inc (Pink Sheets -
CNVG.pk) subsidiary Voice 2 Voice Limited has today announced the appointment
of Mark Hill to the position of Technical Director and VP Technical Services.
Formerly of British Telecomm and with extensive industry experience in
the private sector Hill joined the UK subsidiary in September 2007 and has
quickly built a strong team of internal and external engineers, together with
delivering further support, systems design and technical support. Hill's
strong team leading abilities have significantly strengthened the partnerships
with Voice 2 Voice partners and paved the way for further portfolio expansion
in the near future. Mark continues to work closely with Convergence
Technologies Group CEO Warren Stroud to continue to achieve the Company
As detailed in the Corporate Overview Document, available online at
http://www.convergencetechnologygroup.com Hill is now tasked with expansion on
all levels, and will be responsible for strengthening the in-house support and
CEO Warren Stroud comments, "Mark has made an invaluable contribution to
the recent success of Voice 2 Voice, and is the perfect candidate to fulfil
this role as the Group expands and moves forward. We are very much looking
forward to enjoy further success together."
Voice 2 Voice summary:
- Designs, supplies, installs, maintains and consults on specialist
Converged communications systems for voice, date, mobile, video and
line of business applications
- Profitable as of June 2007
- Voice 2 Voice turnover forecast to grow 58% July 2007 - September
2007, further 89% growth October 2007 - December 2007.
- Negligible debt, total of $35,833.56.
- Sales pipeline now valued in excess of $2M
- IDC Western European VOIP Applications forecast for Western European
VOIP Market Value will be $2.25 billion by 2011.
A full corporate overview including current financial and sales pipeline
information is available on the Investor Relations page at
For more information please visit
To contact the company, please use the online contact form.
This news release contains forward-looking statements that are subject to
certain risks and uncertainties that may cause actual results to differ
materially from those projected on the basis of such forward-looking
statements. The words "estimate," "project," "intends," "expects," "believes,"
and similar expressions are intended to identify forward-looking statements.
Such forward-looking statements are made based on management's beliefs, as
well as assumptions made by, and information currently available to,
management pursuant to the "safe-harbour" provisions of the Private Securities
Litigation Reform Act of 1995. For a more complete description of these and
other risk factors that may affect the future performance of Convergence
Technologies Group Inc. see "Risk Factors" in the Company's Annual Report on
Form 10-KSB and its other filings with the Securities and Exchange Commission.
Readers are cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date made and the Company undertakes no
obligation to disclose any revision to these forward-looking statements to
reflect events or circumstances after the date made or to reflect the
occurrence of unanticipated events.
For further information:
For further information: Media Contacts: Convergence Technologies Group
Inc, Investor relations Team, +44-(0)-845-241-8399