My Social Income, Inc. Announces 2010 Corporate Update to Shareholders


INDIANAPOLIS, Feb. 17, 2010 (GLOBE NEWSWIRE) -- My Social Income, Inc. (Pink Sheets:MSOA) (www.mysocialincome.com) is a global provider of VoIP services to Wireless and Wireline Broadband customers delivering best-in-class services and pricing. The fully vertically integrated company manages all aspects of its service from user devices to carrier handoff, targeting retail customers and large affiliate organizations with a highly market-adaptive range of products.

The company is pleased to announce their corporate update and initiatives for the year 2010.

The year 2009 saw many changes to the company, which included a change in the management structure, a new and exciting group of VoIP products with some of the best rates in the world with better profit margins and, of course, weathering the financial storm experienced worldwide.

The company is pleased to announce these exciting 2010 initiatives:

  • Continue to search for additional management personnel. Continuing the search for a new president. John A. Roberts, Jr., the CEO is currently holding down that position.
  • Revenues: The Company plans to release 4th quarter for 2009 and 2009 annual revenues. 2009 was a profitable year.
  • Revenue Projections: The Company will update projections for 2010 in the future on a periodic timetable.
  • New Products: In the first quarter the company plans to announce at least four new products that will be amongst the best available anywhere.
  • Marketing Initiates: The Company plans to announce shortly its direct sales program thru the Internet, their agents, thru calling centers and their affiliate White label programs. Bill Ganz and Ann Colness will spearhead this initiative.
  • Green Initiative: The Company is continuing to explore opportunities that will be focused on "green" products and services.

The initiatives for 2010 are realistic. John A. Roberts, Jr., CEO and founder said, "I believe the global market will respond to our most competitive VoIP rates and services. We believe we can out perform our competitors as evidenced by a comparison of competitors' rates available on our website. We had some setbacks to this program in 2009, but we are ready to go now."

About My Social Income, Inc.: MSI is a 12-year-old company formerly named "InteleCom, Inc.". In the past it provided value added telecommunications and technology products, including Internet Phone Service through its former wholly owned subsidiary called InteleFone, Inc. The VoIP service has since been expanded to cell phone usage, now its main focus. See comparative rates at http://www.mysocialincome.com

Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbor protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.



            

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