LAKE OSWEGO, Ore., Dec. 30, 2003 (PRIMEZONE) -- ICM Telecommunications, Inc. (Other OTC:ICMH), a rapidly growing provider of prepaid pin-based products through its EPIS Point of Sales Activation (POSA) terminals, today announced that it has entered into an agreement with the web site that provides the most prominent coverage of stocks trading on the Pink Sheets -- www.pinksheets.com. The company also said that it intends to apply for listing on the Over-The -Counter Bulletin Board as rapidly as possible in 2004.
"This provides shareholders -- both current and future -- a real-time opportunity to see our trading patterns and current news, using Level II access, just like professional brokers, money managers and analysts do," said ICM Telecommunications President & CEO Doug Hamby. By clicking on http://www.pinksheets.com/quote/quote.jsp?symbol=icmh, shareholders can track trading progress throughout the day, see who current market makers are, and plan their strategies accordingly. We are extremely pleased to offer this service to our loyal shareholders.
"Moreover," Hamby said, "we have made a commitment that we will apply to the Over-the-Counter Bulletin Board in the New Year, and plan to do so as rapidly as possible. That event will signal not only greater visibility for our rapidly growing company, it also will enable us to access capital at more favorable rates and do so more quickly.
"We thank all our holders for their patience and loyalty as we move into what we feel will be a defining year for ICM Telecommunications," said Hamby.
"We're extremely excited about this latest developments," said Hamby, noting that the company's recent announcement of its expanded partnership with Digital Communication Services (DCS), of Garden Grove, California, would be very beneficial for the longer term future of the company and its shareholders.
"We believe 2004 will be a defining year for the shareholders of ICM, as we enhance the company's profit potential and move forward with an expanded suite of services to both our customers and to those of DCS," Hamby said. "Through cross-marketing of goods and services, and joint promotional efforts of each company's products and services, we are paving the way for the company to accelerate service introduction beyond the Pacific Northwest to Northern and Southern California, Arizona, and other states to be announced.
"We believe the year ahead is going to be a good one for our two companies," the CEO concluded.
Statements contained in this release, which are not historical facts, may be considered "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations and the current economic environment. We caution the reader that such forward-looking statements are not guarantees of future performance. Unknown risk, uncertainties as well as other uncontrollable or unknown factors could cause actual results to materially differ from the results, performance, or expectations expressed or implied by such forward-looking statements.