WHITE PLAINS, N.Y., March 2, 2012-- Pervasip Corp. (OTCQB: PVSP) subsidiary Vox Communications (the "Company") announced today that it has entered into a letter of intent with Trust Pay and Emoni to market its mobile VoIP application in Africa.
Trust Pay is a company that developed the revolutionary Trust Pay app which has enabled developers to monetize their apps by building a seamless payment solution that enables mobile consumers to purchase apps directly from their cellphones without the need for credit or debit cards. Developers receive payment from Trust Pay via a variety of Mobile Wallets across dozens of mobile networks, depending on the country in which the user is located.
Trust Pay's solution is an innovation in the rapidly expanding worldwide Android market. Each day there are 850,000 Android devices activated and over 1 billion app downloads every month.
"Our partnership with Vox Communications will be a great alliance as we will have a concept that no other app can match," said Sean D Conde, CEO of Trust Pay. "The VoIP application, with its superior technology and easy to use payment integration is the right mix of high quality voice and video paired with low international rates and text messaging, is the future of making calls."
"We are excited to work with the industry leader in Mobile Wallet to launch and market our mobile VoIP application starting in South Africa and moving up into the African Continent," said Barry MacCheyne, CMO at Vox Communications. "Our international calling features and robust network capabilities allow us the opportunity to partner with world class companies like Trust Pay."
Vox Communications will provide its mobile VoIP offering as a white label solution.
To view more about Trust Pay visit their web site at www.trustpay.biz
Pervasip Corp. delivers wholesale VoIP telephone services for the residential and small business markets. It differentiates itself through a unique combination of high quality voice services, flexible back-office capabilities and automated provisioning systems. Pervasip recently entered the mobile VoIP services and applications arena, which is expected to approach 300 million users by 2013. It offers a feature-rich, low-cost, high-quality alternative to traditional phone services. For more information, please visit www.voxcorp.net.
The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
PAUL H. RISS
CHIEF EXECUTIVE OFFICER
SOURCE Pervasip Corp.