Global eScience Acquires Wholesale Telecommunications Carrier - Cierra Communications, LLC
May 09 2005 - 3:24PM
PR Newswire (US)
Global eScience Acquires Wholesale Telecommunications Carrier -
Cierra Communications, LLC CARSON CITY, Nev., May 9
/PRNewswire-FirstCall/ -- Global eScience (OTC:GSNC), a
communications provider, today announced that they have finalized
the acquisition of Cierra Communications, LLC (Cierra), a VoIP
wholesale telecommunications carrier, creating a strong foundation
for its communication charter. Cierra is now a wholly owned
subsidiary of Global eScience and was purchased for its assets,
contracts and expertise in the telecommunications industry.
"Cierra's senior staff members individually have been on the
cutting edge of VoIP technology since the early 1990's and in
Telecommunications for over 25 years. This expertise puts us at a
very strong advantage," comments Virgil Hentz, Chairman of Global
eScience. Cierra has planned, designed, implemented, and operated
many VoIP carrier networks and has contracted relations with nearly
75 carriers worldwide. Their call accounting and rate management
system, Telerate, is superior to any in the market, giving them an
advantage over other carriers to route, rate and bill calls cost
effectively. In addition to wholesale VoIP services, Cierra offers
Telerate to other wholesale carriers allowing Global eScience to
tap into a $5.7 billion billing industry in addition to the $6.7
billion VoIP service provider market. "We are honored to be a part
of Global eScience's Communications plans. Cierra will advance
their charter and enable their delivery of superior VoIP services,"
explains Kevin Yackley President and CTO of Cierra. For additional
information on Cierra, please visit http://www.cierra.us/ . Company
Profile: Global eScience provides voice, video and data services
through VoIP, Wireless and media content applications. Daily bid
and asked prices are available at http://www.pinksheets.com/ ,
Ticker: GSNC. For additional information on Global eScience please
contact us at http://www.globalescience.com/ . Statements in this
news release about anticipated or expected future revenue or growth
or expressions of future goals or objectives are forward- looking
statements within the meaning of Section 21E of the Securities
Exchange Act of 1934, as amended. All forward-looking statements in
this release are based upon information available to Global on the
date of this release. Any forward-looking statements involve risks
and uncertainties that could cause actual events or results to
differ materially from the events or results described in the
forward-looking statements, whether as a result of new information,
future events or otherwise. Readers are cautioned not to place
undue reliance on these forward-looking statements. DATASOURCE:
Global eScience CONTACT: Virgil Hentz, Chairman and CEO of Global
eScience, +1-952-888-7280 Web site: http://www.globalescience.com/
http://www.cierra.us/
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