VoIP Synergy: CQIP and Satelinx Investment in Damya


MONTREAL, April 12, 2006 (PRIMEZONE) -- CQIP Investments has forwarded a Letter of Intent to Damya International ("Damya") to acquire a 50% interest in the operations of Damya, a telecommunications company. Damya, CQIP and Satelinx (Pink Sheets:SLXI) have entered into a Memorandum of Understanding whereby the operations of Damya are to be incorporated into Satelinx. This will have the impact of extending and expanding the operations into numerous additional countries in both Africa and Europe and generating important sales growth in the areas of VoIP, Telephony and Voice Virtual Private Network Solutions.

This proposed addition to the Satelinx family will add key components to our present product lines and the future products of Satelinx. As a result of combining the companies' technologies, their products are the only VoIP products with voice encryption, which gives the company's products a significant security and privacy advantage. Currently this market is about $150 million per year and is projected to rapidly expand to over $1 billion in the next five years.

About Damya International:

Damya International, located in Montreal Quebec, is a telecommunications company specializing in VoIP and Voice Private Networks. Damya was established in 1999 and revenues last year exceeded US$1 million and this year are expected to exceed US$6 million.

About CQIP:

CQIP is an early/seed-stage through to mature stage hands-on venture capital investment firm dedicated to helping exceptional entrepreneurs build world-class companies. Typical investments can range between $250,000 and $1 million, and CQIP follows that up with active participation in the various enterprises. CQIP's present portfolio include:



 -- Engineering quality inspection firm -- est. 2006 volume $6 million
 -- Global IP, satellite technology and service provider -- est. 2006
    volume $16 million
 -- Conglomerate of varied manufacturers and distributors -- est. 2006
    volume $20 million
 -- Consolidated companies in the construction industry -- est. 2006
    volume $6 million
 -- Local and national publisher and printer of varied newspapers
    and journals -- est. volume $4 million
 -- Environmental waste company -- est. 2006 volume $7 million

About Satelinx International:

Satelinx International Inc. provides satellite vehicle tracking units that integrate GSM/GPS/GPRS wireless technologies and the Internet to deliver wireless vehicle tracking and location services. Satelinx seeks to be recognized as the world leader in providing safety and security solutions on a global scale in a cost-effective manner for vehicle owner, trucking or private vehicle fleet and insurance companies. Satelinx and CQIP have entered into a letter of intent whereby CQIP will acquire a 51% interest in Satelinx.

The Satelinx International Inc. logo is available at http://www.primezone.com/newsroom/prs/?pkgid=1717

Important Information About Forward-Looking Statements

All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may," "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.



            

Coordonnées