My Social Income, Inc. Announces 2011 Corporate Initiatives to Shareholders
12 Julho 2011 - 10:00AM
My Social Income, Inc., (Pink Sheets:MSOA)
(www.mysocialincome.com), is a global provider of VoIP services to
Wireless and Wireline Broadband customers delivering best-in-class
services and pricing. The fully vertically integrated company
manages all aspects of its service from user devices to carrier
handoff, targeting retail customers and large affiliate
organizations with a highly market-adaptive range of products.
The company is pleased to announce their corporate update and
initiatives for the year 2011.
The year 2010 saw many changes to the company, which included a
change in the management structure, a new and exciting group of
VoIP products with some of the best rates in the world with better
profit margins and, of course, weathering the financial storm
experienced worldwide.
The company is pleased to announce these exciting 2011
initiatives:
- Build on our successes in existing affinity programs. Our
first program is in place, and we are working with our
client/partner to promote our services within their
organization. Our success in this first effort will directly
drive revenues, and provide a solid example of success for our
future sales efforts.
- Continue our efforts to build revenues by promoting "Value
Network Marketing Services." Our first such network is in the
implementation phase and we are actively recruiting
partners. Even before the program as officially launched we
have received an unsolicited inquiry for another group to develop a
similar program for them.
- Promote our "TravelCall for Military Families"
initiative. Our first effort with this initiative is
underway. We have the back cover on a value coupon book being
distributed by Military Charities in San Diego, California with a
planned distribution of 80,000 units. We are supporting the
effort with a dedicated web offering and, based upon the success we
achieve, will roll the program out in wider distribution this
year. TravelCall allows users traveling overseas to make AND
RECEIVE calls without incurring high calling charges or roaming
fees. The Military version is directly aligned with the "Call
Home Act of 2006" instituted by congress to reduce the costs for
military personnel to call their families in the US or around the
world.
- Develop the sponsored, promotional calling card
market. Unlike traditional prepaid calling cards which have
very significant price competition and very low margins, the
promotional calling card is offered by businesses as a customer
appreciation vehicle… rather than price decreases to stimulate
business. The sale is based on the viability of the product in
the market, and allows the sponsor both the ability to deliver
marketing messages, and to collect customer contact information as
the cards are used.
- Continue to build relationships and develop customers in the
Israeli market. The relationships we have in place have helped
us get several major accounts. Our latest account is a new
call center which is being set-up to handle a contract that will
generate 1.2 million calls over the next year, and an estimated 6-9
million billable minutes. With no marketing expenditure, our
Israeli representative has built a solid business based on customer
referrals, and a network of contacts that is constantly
increasing.
- Expand our presence in the Israeli market with a dedicated
Hebrew/English website. More than a simple translation of our
existing site, the MSI Israel site will be uniquely messaged for
the Israeli residential and consumer market. There are unique
service offerings and regionally appropriate products being
offered. Some of the US products we offer have high import
costs, so we have redesigned our hardware product offerings to
include a number of locally produced phones. Visuals of
Israeli are being used, and the site will be designed specifically
to address the needs and concerns of Israeli customers.
- Expand our sales efforts in the Multi-level Marketing segment,
and offer white labeled network services to additional
organizations. We are currently working on developing two
strong prospects, and will expand or efforts where
practical. Development of prospects in this segment seems to
take approximately six months from contact to
fulfillment.
- Develop new service and technology-based products, and expand
our offering of new devices and software products which support our
core efforts. We will expand our support documentation of
products that can be used with our services, to allow our customers
greater options in using our service.
- Develop new marketing tie-in programs and expand the scope of
our existing programs. To the greatest extent possible,
leverage all of our products and technologies across these varied
programs, to maximize our investment in our technology and support
efforts.
The initiatives for 2011 are realistic. John A. Roberts,
Jr., CEO and founder, "I believe the global market will respond to
our most competitive VoIP rates and services. We believe we
can out perform our competitors as evidenced by a comparison of
competitors rates available on our website. We had some
setbacks to this program in 2010, but we are ready to go now."
About My Social Income, Inc.: MSI is a 14-year-old company
formerly named "InteleCom, Inc." In the past it provided value
added telecommunications and technology products, including
Internet Phone Service through its former wholly owned subsidiary
called InteleFone, Inc. The VoIP service has since been
expanded to cell phone usage, now its main focus.
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.
CONTACT: MSOA Contact:
My Social Income, Inc.
Investor Relations: investors@mysocialincome.com
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