LAS VEGAS, Aug. 18, 2009 (GLOBE NEWSWIRE) -- A new entry in the telecommunications space, PrismOne Group Inc. (OTCBB:PMOZ), has been busy of late, stringing together a handful of potent announcements since the company commenced trading a short while ago. Not least among them was the news that PrismOne has exceeded two million billable outbound minutes per month, representing a three hundred percent increase from December 31 of 2008. And today there was more news, this time announcing the signing of a contract with Kaleida Eco Ventures Inc. to provide software development and localization services to support the control and display information for their patented ecowave microwave sludge drying process. Clearly, PrismOne technology has broad application.
SmallCapSentinel.com has released a profile featuring PrismOne Group Inc. (OTCBB:PMOZ) and its unique communications platform. This technology allows for unparalleled connectivity as the profile will explain. This report is of particular interest to investors of telecommunications companies Sprint Nextel (NYSE:S), Vonage Holdings Corp. (NYSE:VG), Verizon Communications Inc. (NYSE:VZ), AT&T Inc. (NYSE:T) and is available at www.SmallCapSentinel.com/PMOZ
PrismOne provides managed technology services to targeted vertical market clients with either a high number of employees, multi-locations, or growth challenges. Its solutions significantly minimize or remove technology capital expenditure, driving savings to the bottom line while maximizing flexibility and efficiency.
From the report: PrismOne is successfully generating high margin revenue without any overt marketing effort thus far. Q4'08 sales of $365k ($1.5mm/annum Run Rate - 200% growth over 2007) have validated the superior service/features/value proposition for clients. This highlights the path forward toward domestic growth. The company is currently projecting revenues for Q1'09 to exceed $950k (300% of Q108) - further validation of the company's expanding appeal and expects to have 6 additional vertical clients launched by end of '09, generating revenues in excess of $3mm. The company projects that its clients will average $350k p.a., at 65% net operating margin.
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