INDIANAPOLIS, Sept. 13, 2010 (GLOBE NEWSWIRE) -- My Social Income, Inc. (Pink Sheets:MSOA) (www.mysocialincome.com), a global provider of international Voice Over Internet Protocol (VoIP) communications, has recently changed its corporate name from InteleCom, Inc. to My Social Income, Inc. The name change reflects the company's move to providing a range of user-friendly products that will de-mystify Voice Over IP telephony products, and bring them into the mainstream.
My Social Income, Inc. is proud to announce that it has developed a pre-paid calling card platform giving users convenient, on-the-go access to its innovative services to be distributed worldwide. MSOA CEO John A. Roberts comments, "This is a new niche market that was not part of our original product plan that will exponentially add to our available revenue streams. This product has thus far been introduced in the U.S. and Israel and has been well received and we feel these initial introductions could very well result in significant orders." While Voice Over IP is already spreading rapidly in homes and enterprises, Reuters reports that there also will be 100 million users of mobile VoIP by 2011.
Roberts continues, "For worldwide private label customers, this gives them a value added service, using the MSOA calling card platform for increasing profit potential and service offerings seamlessly. Instead of stepping into the international calling card market by investing a large capital and thereby increasing the level of risk, they can benefit by deploying their ready-to-use calling card platform, compliments of MSOA."
My Social Income has received great response to its enhanced product lines and has executed initiatives with realistic expectations to seamlessly integrate the revenue streams without interrupting progress on current strategies and services. One of the major benefits of the new prepaid calling card service is that it doesn't have many of the unsightly hidden fees or ancillary charges normally associated with prepaid calls. Company executives are confident that the products will provide demonstrable increased revenues by end of Q4 2010.
"The current positive response to our pre-paid phone card program is precipitous. We have our goals in sight, and our team ready for the challenge. To expand the company, cash flow is always a strategic focus and we are diligent in our moving forward, always looking for viable means to create strength and value with all that we do."
Persons interested in acquiring the MSI products and/or services can go to www.mysocialincome.com to learn more about this and the company's other new products and to sign up for the service.
Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbor protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.
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