|By Marketwired .||
|September 4, 2013 09:30 AM EDT|
LONDON, ENGLAND -- (Marketwired) -- 09/04/13 -- TCA Global Credit Master Fund, "TCA", has committed to lend a total of 5MM USD to Voiceserve, Inc. (OTCBB:VSRV) through one of the funds senior secured loan facilities, with the initial draw set at $1Million.
Headquartered in the United Kingdom, Voiceserve is a leading provider of mobile dialer software and Voipswitch solutions for the telecom and IT industry.
"The delivery of mobile dialers to enterprises, ISP's and global telephony carriers is the primary benefit of our service. The latest releases of highly sophisticated smartphones with increasingly more stable internet connectivity is creating an even greater global demand for our mobile products ", states Voiceserve. "The funds raised will be used to expand the companies sales force, increase its exposure at exhibitions globally and complete developing certain Voipswitch modules that are still under development" added Voiceserve president Mr. Alexander Ellinson.
While primarily focused on servicing this sector, they have recently released their retail product available for end users, the Vippie dialer www.ivippie.com
About Voiceserve, Inc.
Voiceserve is a software platform provider focusing primarily on delivering affordable, complete, next generation services to Internet Telephony Providers (ITSPs). Products include VoipSwitch, a custom modular all-in-one Voice over Internet Protocol (VoIP) management platform licensing solution for resellers. Voiceserve has recently launched its full suite of Mobile softphone dialers suitable for most operating systems and can be incorporated on most mobile smart phones. The company has advanced video conferencing software which can be adapted to tablets and smart phones.
For further information please visit http://www.voipswitch.com.
Certain statements in this news release may constitute "forward-looking" statements within the meaning of section 21E of the Securities and Exchange Act of 1934. The Company believes that its expectations, as expressed in these statements are based on reasonable assumptions regarding the risks and uncertainties inherent in achieving those expectations. These statements are not, however, guarantees of future performance and actual results may differ materially. Risks and uncertainties which may cause actual results to be different than expressed or implied in our forward-looking statements include, but are not limited to, the risk factors listed in the most recent Annual Report on Form 10-K and described under the heading "Risk Factors" our Form S-1 filed December 20, 2010. The Company expressly disclaims any current intention to update any forward-looking statements as a result of new information or future events or developments.
President & Chairman
011 44 208 136 6000