Fusion Telecommunications Hires Network 1 Financial Securities, Inc. for
Investor Relations & Advisory Services
NEW YORK, March 12
NEW YORK, March 12 /PRNewswire-FirstCall/ -- Fusion (NYSE Alternext US: FSN)
today announced the engagement of Network 1 Financial Securities, Inc. to
provide investor relations and financial advisory services. Network 1
Financial Securities, Inc. is headquartered in Red Bank, New Jersey and is an
independent full-service securities firm and a registered broker dealer.
"We look forward to working with Fusion to raise awareness of their compelling
strategy. We have had significant experience in the telecommunications and
technology industry and believe we can help the company position itself more
effectively in the capital markets and bring new client opportunities,"
commented Damon Testaverde, Managing Director for Network 1 Financial
Fusion is in the process of refining its business strategy in an effort to
focus on its most profitable product offerings and to accelerate its
achievement of positive adjusted EBITDA. Fusion's comprehensive product
portfolio is designed to drive cost savings and efficiencies for its clients,
which is timely given the challenging economic environment and the need for
companies to cut costs.
The Company's new investor relations strategy will help to communicate the
company's progress in a timely and effective manner.
Fusion is a new breed of communications carrier, dedicated to providing a full
range of advanced IP-based voice and data solutions to corporate and carrier
customers worldwide. The Company provides hosted IP-PBX applications, SIP
trunking, voice termination, private networks, Internet access and a suite of
additional enhanced features and services.
For more information, please go to http://www.fusiontel.com.
(Logo: http://www.newscom.com/cgi-bin/prnh/20050705/NYTU073LOGO )
Statements in this Press Release that are not purely historical facts,
including statements regarding Fusion's beliefs, expectations, intentions or
strategies for the future, may be "forward-looking statements" under the
Private Securities Litigation Reform Act of 1995. All forward-looking
statements involve a number of risks and uncertainties that could cause actual
results to differ materially from the plans, intentions and expectations
reflected in or suggested by the forward-looking statements. Such risks and
uncertainties include, among others, introduction of products in a timely
fashion, market acceptance of new products, cost increases, fluctuations in
and obsolescence of inventory, price and product competition, availability of
labor and materials, development of new third-party products and techniques
that render Fusion's products obsolete, delays in obtaining regulatory
approvals, potential product recalls and litigation. Risk factors, cautionary
statements and other conditions which could cause Fusion's actual results to
differ from management's current expectations are contained in Fusion's
filings with the Securities and Exchange Commission and available through
FUSION Philip Turits, Secretary & Treasurer
NETWORK 1 Damon Testaverde, Managing Director
Contact: Philip Turits, Secretary & Treasurer of Fusion, +1-212-201-2407,
firstname.lastname@example.org; or Damon Testaverde, Managing Director of Network 1
Financial Securities, +1-732-758-9001, email@example.com
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