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PRZOOM - /newswire/ -
Winston-Salem, NC, United States, 2008/03/13 - SmallCapReview.com, a leading small-cap stock information site, is pleased to announce that Eagle Ventures (EGVI) has been named as a "New Focus Stock".
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Eagle Ventures is the parent company of a high growth global Voice-over-Internet Protocol (VoIP) service started in 2004 called TelExtreme as well as Hydrate2o, a water that uses a patent pending technology combined with organic mineral electrolytes that actually changes the physical properties of the water so it is more efficiently absorbed into the cells of your body.
EGVI's subsidiaries have grown from a handful of customers and distributors in 2005 to nearly 50,000 in 2007. With sales exceeding $30 million in 2007, the Company has begun aggressively expanding into new markets and is introducing complimentary product lines.TelExteme is in the fast growing telecommunications business offering three types of VoIP service: residential, international, and pre-paid “pay as you go” calling plans, to both business and individual customers.
To date, TelExtreme’s revenues have been generated primarily in Brazil, with lesser contributions coming from Mexico and Malaysia. This has helped the company fine tune their sales and marketing effort, as well as generate outstanding financial results in a very short time. In January, the Company announced the introduction of service to the United States, where VoIP usage is expected to increase 60% to nearly 32 million customers over the next two years industry-wide. The Company plans to enter up to a dozen other high-growth markets this year.
Hydrate2o which was was founded in 2005, markets its products to consumers through major retailers including Albertson's, SaveMarts, and Nike to name a few. The Company's initial marketing efforts are focused on the West Coast to maximize early stage market penetration.
EGVI recently announced it will be offering its first voice-over-Internet-protocol (VoIP) services within the United States. The decision to enter the fast-growing U.S. VoIP market is part of a growth initiative aimed at increasing the company's revenues to over $60 million for 2008.
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SmallCapReview.com is not a registered investment advisor or broker/dealer. No investor should assume that reliance on the views, opinions or recommendations contained herein will produce profitable results. Nothing within our site should be construed as an offer or solicitation to buy or sell products or securities. The companies we profile may lack an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk. SmallCapReview.com may hold positions in securities mentioned herein, and may make purchases or sales in such securities featured on our website or within our reports. In order to be in full compliance with the Securities Act of 1933, Section 17(b), SmallCapReview.com will disclose, what, if any compensation was received for our efforts in researching, presenting and disseminating this information to our subscriber database and featuring the report on our website. SmallCapReview has been compensated two thousand five hundred dollars by a third party Equity Media for its efforts in presenting the Eagle Ventures profile on its website and distributing it to its database of subscribers.
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