St. Joseph CEO Comments on Status of RTO With Zone USA and Key Accomplishments at ANPI
April 03 2014 - 8:30AM
Marketwired
St. Joseph CEO Comments on Status of RTO With Zone USA and Key
Accomplishments at ANPI
TULSA, OK--(Marketwired - Apr 3, 2014) - St. Joseph, Inc.
(OTCQB: STJO) today issued a formal corporate update, commenting on
the status of its planned Reverse Takeover (RTO) by Zone USA, Inc.
and other key developments recently announced by ANPI, the
principal subsidiary of Zone USA's 50%-owned company, ANZ
Communications. St. Joseph's President and CEO, Gerry McIlhargey
stated:
"Our efforts to advance the planned RTO with Zone USA have
continued unabated over the past several months, with our attention
continuing to focus on implementing our capital formation
strategies in collaboration with our investment banking partner,
Brean Capital. We are actively engaged in discussions with several
major institutional investment firms and anticipate finalizing
terms and financing structure in the near future.
"Meanwhile, ANPI's efforts to achieve industry adoption of its
recently launched Hosted Unified Communications (UC) platform have
resulted in a number of notable accomplishments announced by the
Company since the first of the year. Specifically:
- On January 30, 2014, ANPI announced that they inked a new
partnership with Telecom Consulting Group of Florida (TCG), one of
the largest master agencies in the United States. TCG's nationwide
network of 500+ agents are now actively marketing ANPI
VIP, a full featured Hosted UC solution with seemliness
integrated mobility and audio/video collaboration tools to its
clients.
- On February 4, 2014, ANPI reported that Cirrinity Wireless,
based in Wittenberg, Wisconsin, has selected the ANPI Hosted UC
solution to expand its business services portfolio. In addition to
their other offerings, Cirrinity is now actively offering ANPI's
integrated UC suite to their business and enterprise customers for
a fraction of what it would cost in time, money and manpower to
develop and implement their own solution.
- In late February 2014 at the Channel Partners Conference &
Expo, ANPI officially debuted its updated ANPI VIP Hosted
UP solution, noting that since its original launch in August 2013,
the solution set was updated to include BroadCloud features, such
as mobile client and collaboration tools, making it one of the few
fully Broadsoft implementations.
- ANPI has also made announcements relating to expansion of its
national sales and marketing team with new channel partners being
added to its southwest and northwest regions; and a new Vice
President of Carrier Solutions being welcomed last month.
"We are very pleased that ANPI appears to be achieving fast
traction with the new UC platform and fully expect that its strong
growth momentum will persist and likely accelerate as 2014
continues to unfold," concluded McIlhargey.
About ANZ Communications, LLC
Based in Springfield, Illinois, ANZ Communications, LLC is a
joint venture owned by Zone USA, Inc. and ANPI Holding, Inc.
Through its principal operating company, ANPI, ANZ is a
telecommunications company serving the evolving needs of
rural local exchange carriers and their affiliates
(RLECs), competitive local exchange carriers (CLECs), interexchange
carriers (IXCs) nationwide, as well as wireless carriers, corporate
enterprise and residential customers in primarily rural markets
across the U.S.
About Zone USA, Inc. Zone USA, via its 50% shareholding of ANZ
Communications LLC, is engaged in providing telecommunications
services to the residential market, retail business market and
wholesale carrier market, including long distance telephone
services, local exchange services, high-speed internet and wireless
services, access and signaling services, private data networks and
value added telecommunications and/or administration services. Zone
USA is looking to expand its telecommunications services in the
United States that are complementary to its existing business,
including, but not limited to, development of wireless
services.
About St. Joseph, Inc. Headquartered in Tulsa, Oklahoma, St.
Joseph, Inc. is a publicly traded company focused on effecting a
reverse takeover with Zone USA, Inc., a holding company which owns
a 50%, jointly-controlled interest in ANZ Communications, LLC. For
more information about St. Joseph, Inc., please visit
www.stjosephinc.com.
This press release consists of forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. Those statements include statements regarding the intent,
belief or current expectations of the Company and its management.
In particular, there is no assurance that the parties will reach a
definitive agreement for the proposed transaction or that the
transaction will be completed. Additionally, no assurance can be
provided that the terms of any transaction will be similar to those
contemplated by the Letter of Intent. Prospective investors are
cautioned that any such forward-looking statements are not
guarantees of future performance and involve a number of risks and
uncertainties, and actual results could differ materially from
those indicated by such forward looking statements. The Company
assumes no obligation to update the information contained in this
press release, whether as a result of new information, future
events, or otherwise.
Investor and Media Contact: Hanover|Elite Kathy Addison Chief
Operating Officer 407-585-1080 Email Contact
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