SAN ANTONIO, Texas, Jan. 12, 2005 (PRIMEZONE) -- ATSI Communications, Inc. (OTCBB:ATSX) announced today that the Company expects revenues for the 2nd quarter ended January 31, 2005 to reach $1,350,000. In comparison, this is a 435% increase over the previous fiscal year's 2nd quarter ended January 31, 2004 and a 60% increase over the immediately preceding quarter ended October 31, 2004.
ATSI President and CEO, Arthur L. Smith stated, "The growth trend in our VoIP business has continued as expected. December 2004 was another record month for ATSI since completing our reincorporation with approximately $525,000 in total revenues. We signed up additional customers during the quarter, including a top-tier global carrier, while diversifying our VoIP routes."
ATSI Communications, Inc. is an emerging international carrier serving the rapidly expanding niche markets in and between Latin America and the United States, primarily Mexico. ATSI believes that it has clear advantages over its competition through its unique concession license in Mexico, interconnection and service agreements, and strategic partnerships with established carriers and network operators in Latin America.
This news release contains forward-looking statements. These statements describe management's beliefs and expectations about the future. We have identified forward-looking statements by using words such as "expect," "believe," and "should." Although we believe our expectations are reasonable, our operations involve a number of risks and uncertainties, and these statements may turn out not to be true. More detailed information about ATSI Communications, Inc. is available in the Company's public filings with the Securities and Exchange Commission.