What is Voice 2 Voice (http://www.voice2voice.co.uk)? A totally independent, leading UK fixed line and hosted IP telecommunication and integrated voice network company. Specializing in multi-site UK and European businesses in the commercial, governmental and Healthcare sectors. Combining telecommunications focus with a dynamic and flexible approach to meeting customers' business needs has helped us to build a reputation for dealing with PBX and networking requirements. Voice 2 Voice have established themselves as a Tier 2 Service Level Provider to AlwaysON to empower voice and data resellers to use converged voice and data communications efficiently and at a significantly lower cost.
What does this mean to investors and Medify Solutions? The Medify Group now has a wholly owned suite of fixed line and mobile solutions to market directly to the general enterprise and Global Healthcare markets. The group benefits immediately with a product and go to market infrastructure, with both businesses gaining synergies and economies of scale. The immediate Voice 2 Voice revenue delivered as a subsidiary will be booked to the Group financial accounts of Medify Solutions Limited US. This consolidation strengthens both companies for the expansion of Voice 2 Voice and the MedifyRemote roll-out. This creates a suite of telecoms services, installation, support, fixed line, mobile, voice and data to the enterprise and Healthcare sectors; under a single Group entity.
Market Capitulation & Revenues - Voice 2 Voice has invoiced and forecast income to the value of $1.6m in their current financial year, at a gross profit margin in approximately 40%. Based on reoccurring revenue for Voice 2 Voice of $5m over the next 24 months, the additional market Cap of the Medify Group, based on Voice 2 Voice alone, would typically be in the region of $15m dollars. This would equate to a share price increase in the region of $1.50 (post reverse stock split).
This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. The words "estimate," "project," "intends," "expects," "believes," and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are made based on management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbour" provisions of the Private Securities Litigation Reform Act of 1995. For a more complete description of these and other risk factors that may affect the future performance of Medify Solutions Limited, see "Risk Factors" in the Company's Annual Report on Form 10-KSB and its other filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made and the Company undertakes no obligation to disclose any revision to these forward-looking statements to reflect events or circumstances after the date made or to reflect the occurrence of unanticipated events.
