CALABASAS, Calif., June 7, 2002 (PRIMEZONE) -- Universal Domains Incorporated (OTCBB:UDCCF):
ViaCall is pleased to announce that revenue for the month of May has increased another 30% over last months 250% increase. The company has also been given an invitation to provide a bid for services to a prestigious U.S. organization that ultimately leads to teleconferencing services to over 8,500 members. ViaCall is one of only 3 companies asked to participate. "We are working with several other organizations at this point to provide exclusive teleconferencing services for their national offices. Ultimately this could lead to hundreds of thousands of minutes for our organization," said Tammy Gardner, General Manager.
The investor relations division of the company is currently in negotiation with several, high-end fundraising companies. Involvement with one of these groups will allow ViaCall to pursue capital for internal growth along with acquisitions. The company is presently in negotiation with other teleconferencing companies, which will allow future expansion of ViaCall. "These are exciting times for ViaCall. Our hard work and focus over the last few months are now coming to fruition. We are very excited about the future for our organization," stated Alan Brown, President of ViaCall.
About Universal Domains, Inc.
Universal Domains, Inc. acquired VCL Communications Corp., a teleconferencing service company that provides audio conferencing, video conferencing, web collaboration and webcasting services via a sophisticated network. The Company is able to service up to 21,000 ports at once, enabling businesses to conduct meetings with small to very large groups. The Company has one of the most competitively priced conference services available in North America and plans to expand its operations to international locations in the coming months.
Universal Domains Incorporated
Per: Alan Brown President and Chief Financial Officer
Certain matters discussed in this press release may constitute forward-looking statements within the Private Securities Litigation Reform Act of 1995 and, as such, may involve known and unknown risks and uncertainties and other factors that may cause the actual results to be materially different from the results implied herein. Readers are cautioned not to place undue reliance on the forward-looking statements made in this press release.