OTC BB symbol (ZUPC)
MIAMI, FL, Aug. 13 /CNW/ - Further to our press release on May 29, 2007,
Zupintra Communications Inc., a wholly owned subsidiary of Zupintra
Corporation Inc, is pleased to announce it has signed a deal with
Londesborough Finance Limited for an initial $5,000,000.
These funds can be used both for accounts receivable financing and
letters of credit. Londesborough Finance is committed to grow the line with
"We found that besides AR financing we needed a letter of credit
facility. Londesborough Finance provides the complete solution for us and we
are excited to work with them" stated Lex van Arem, CEO of Zupintra
"Londesborough is pleased to offer this instrument to Zupintra, providing
them with the opportunity to grow substantially in the Telecom market.
Londesborough looks forward to a long and mutually rewarding relationship"
stated Guy Jackson, CEO of Londesborough Finance Ltd.
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.
Londesborough Finance Limited provides financial security instruments
such as Bank Guarantees, Standby Letters of Credit or Cash Deposit's to
telecom suppliers for wholesale international routes on behalf of their
customers through a unique credit insured receivables process and CDR
ratification. Launched at GTM 2006 Londesborough Finance is globally focused
on the wholesale interconnect market where traditionally financing receivables
has been non-existent.
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: Email:
email@example.com, (416) 815-1771, www.zupintra.com