HOUSTON, June 17, 2010 (GLOBE NEWSWIRE) -- Everybody's Phone Company, Inc. (Pink Sheets:EVPH), Texas' fastest growing provider of prepaid telephone services, today announced that it has a reseller agreement with Verizon Communications Inc., a global leader in delivering wire line communications services. The agreement enables Everybody's Phone Company to purchase, at a discount, access to Verizon's local telephone network and repackage/resell unlimited local (dial tone) telephone service to the prepaid residential market anywhere in Texas.
Steven H. Bethke, President of Everybody's Phone Company, said, "As a result of our agreement with Verizon, we are creating a portfolio of top-tier telecommunications services that appeal to consumers seeking highly competitive rates for unlimited, local calling services." Everybody's Phone Company plans to expand marketing to states beyond Texas, once it receives permission from each state's public utilities commission, which the Company is in the process of doing. This agreement is just the beginning of creating a more diversified customer base and national footprint in the prepaid telcom services market.
About Everybody's Phone Company
Everybody's Phone Company sells prepaid, unlimited local (dial tone) telephone service to the residential market, primarily in greater Houston. The Company is fully licensed by the Texas Public Utility Commission to resell telephone services throughout the State. Once EVPH achieves critical mass in Texas, the Company plans to expand its prepaid telecommunications product offerings nationwide. For more information, visit www.everybodysphonecompany.com.
The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by, among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.