MIAMI, June 2, 2005 (PRIMEZONE) -- Telatinos Inc. (Pink Sheets:TLND), a Latin American-based communications service provider, today announced the acquisition of Global Interactive Ltd. ("Global").
The purchase price of the acquisition is 717,773,381 shares (approximately 33% of TLND issued and outstanding). Global has been an enterprise communications provider and Telco vendor since 1996.
Global operates the Company's South American server-based applications for client ISP's/ASPs, VoIP operators and providers. Products for the South American market include but are not limited too:
-- E-mail Products: Large Capacity; IMAP, POP3, Webmail
-- E-Fax Products; Inbound; Outbound, Fax2Fax, FaxME,
FaxServe gateway
-- Unified IP Platform; Turnkey enterprise-wide voice/fax/email
server solutions incorporating all of the above applications.
Global Interactive operates from Plaza Colonial, San Jose, Costa Rica.
Learn more about our Company: Telatinos.com or Telatinos.net
Forward-Looking Statement
This release may be deemed to contain forward-looking statements, which are subject to the safe harbor provisions of the Private Securities 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.