SACRAMENTO, Calif., Feb. 12, 2004 (PRIMEZONE) -- ICM Telecommunications, Inc. (Pink Sheets:ICMH), a rapidly growing provider of prepaid pin-based products through its EPIS Point of Sales Activation (POSA) terminals, today announced that it has relocated its corporate headquarters to Sacramento, California to better manage its operations from a more centralized location consistent with the company's strategic plan.
The new address and contact points for the company are as follows: ICM Telecommunications, Inc., 980 Ninth Street, Suite 1600, Sacramento, CA 95814. Phone: 916-449-9597; fax: 916-313-3704. Email: dhamby@icmtelecom.com .
"This relocation from our former headquarters in Oregon has been planned for some time," said ICM Telecommunications CEO Doug Hamby, ever since our strategic partnership with Digital Communication Services (DCS), headquartered in Southern California, was announced late last year.
"From this new base of operations, which better positions us to penetrate the Northern and Southern California markets, as well as Arizona, we are able to provide newly enhanced services that will increase profits and simultaneously decrease costs of services delivered. ICM and DCS have jointly agreed to jointly sell each other's products and services, as well as share in the revenues from these joint promotional efforts with a market that now expands beyond the Pacific Northwest to Northern and Southern California, Arizona, and additional states yet to be announced," said Hamby.
Through ICM's POSA terminals, customers are now able to offer proprietary long distance calling cards, with extremely favorable rates worldwide, especially to Mexico, from high level service providers as AT&T, Verizon, Alltel, T-Mobile, Sprint, Cingular, Boost and Omni. The company also offers a prepaid VISA cash card program.
Other enhancements now also include DCS becoming the primary provider for vertical integration of ICM's processing capabilities, with faster processing and delivery of POSA pin numbers, and direct collection of funds. In addition, DCS is now using ICM's merchant service program, already extremely competitive in its marketplace.
"These developments, as well as several others to be finalized and announced hopefully by next week, underscore the pace of our growth and execution of our core business plan," Hamby noted. "Moving the company from the Pink Sheets to the Over the Counter Bulletin Board is also one of our highest priorities, in order to better facilitate financing efforts."
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.