VANCOUVER, British Columbia, Sept. 21, 2005 (PRIMEZONE) -- Bravo Resources Ltd. (OTCBB:BVOL) and Woize Ltd announced today that they have extended a letter of intent for the acquisition of Woize and all of its assets and properties by Bravo. The Company intends to focus on digital telephony and discontinue its previous interest to acquire SPI Productions.
Woize is a unique digital telephony service utilizing the internet for PC to PC and PC to phone communications using a windows application and proprietary software. Unlike current VOIP providers, Woize has a distinct value proposition and industry differentiation that extends beyond traditional communication platforms.
About Woize:
Woize(tm) is a Digital Telephony service via the Internet with a user friendly Windows or PocketPC application, Woize servers and gateways to ordinary telephone networks. With the Woize application downloaded to a PC or a PDA the Woize user can make and receive phone calls over the Internet to other Woize users PC to PC for free. By signing up for a pre-paid account and a Woize personal number the Woize user can make and receive phone calls to regular phones world wide at the lowest cost available. The user needs a Windows PC with a headset or a USB phone and a "broadband" Internet connection. A more advanced beta version for Windows PocketPC PDAs is available as well. Alternative to or in combination with the Woize Windows application the user can sign up for a broadband Analogue Telephone Adaptor (ATA-box) and connect existing ordinary telephones or use a SIP based telephone. The Woize(tm) Windows application also provides the user with other various services such as instant messaging, voice mail call forwarding, SMS and various communication related unique services.
For more information please visit www.woize.com.
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Such statements are indicated by words or phrases such as "believe", "will", "breakthrough", "significant", "indicated", "feel", "revolutionary", "should", "ideal", "extremely" and "excited". Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See the Company's filings with the Securities and Exchange Commission including, without limitation, the Company's recent Form 10-K and Form 10-Qs, which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.