MIAMI, Jan. 18, 2005 (PRIMEZONE) -- Telatinos Inc. (Pink Sheets:TLTD), a Latin American VoIP and communication service provider, today announced the Company's estimated revenues from all sources for 2005 to be approximately $85,000,000.
-- Internet Service Provider (ISP) revenue. The Company services approximately 500,000 ISP clients, which equates to about $22 million for 2005. -- Communication Consultancy (Consultancy) revenue. The Company has hired seven new sales/technical consultants. We approximate consultancy revenues of about $12 million for 2005. -- SME Purchase, Implementation and Maintenance (Sales) revenue. The Company has booked contracts valued at approximately $51 million for 2005.
In addition, the Company has completed its GAAP audited financials for 2002 and 2003 and will shortly complete audited financials 2004.
About IPxes Inc.
IPxes, a wholly owned subsidiary of Telatinos Inc., is a business class, highly scalable communications service that provides broadband data, voice and wireless service using multiple integrated T-1 lines with a layer-2 private network. Our proprietary technology and integration provides our SME customers with dedicated Internet access, customizable business solutions for voice, data, wireless, Internet, and secure communications channels between the SMEs' offices, all partners, vendors, customers and employees without the use of a firewall or encryption devices. IPxes has a growing network presence in South America, including network facilities in Brazil, Peru, Colombia, Costa Rica, and Miami, Florida.
IPxes' proprietary technology, XRF link(r), remote network locations may be connected through IPxes' network enabling secure and direct transfer of communication, documents, databases, and virtually any other information between a client's headquarters and their remote locations. Each location is provided with dedicated access and extended services resulting in maximum efficiency. The XRF link solution allows data to be delivered at the fastest and most efficient speeds available today. In addition, unlike traditional encryption-based virtual private network technologies, XRF link avoids the use of the public internet for transferring secured information between locations. Secured information travels on a private network. IPxes clients experience the highest level of speed, security and efficiency.
About Telatinos Inc.
Telatinos is an emerging Latin American ISP and communications service provider offering full-featured, cost-effective, high-quality local, long distance and international telephone services -- including 911 and E911 -- to both businesses and private residences in Latin America.
Learn more about our Company at www.telatinos.com.
Forward Looking Statement
This release may be deemed to contain forward-looking statements, which are subject to the safe harbor provisions of the Private Litigation Reform Act of 1995. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results due to a variety of factors, including: business and economic conditions and growth trends in the VOIP industry and Latin America; in the geopolitical environment; overall information technology spending; the growth of the Internet; levels of capital spending on Internet-based systems and other risk factors. Telatinos results of operations are not necessarily indicative of Telatinos operating results for any future periods.