Corporate Universe (COUV) Acquisition of Carrier Alliance Group Inc.
August 08 2011 - 10:00AM
Marketwired
Corporate Universe, Inc. (PINK SHEETS: COUV) announced the
acquisition of Carrier Alliance Group, www.carrierally.com. The
company management changed the business model to one that currently
appears better suited for the company and its shareholder base.
Carrier Alliance Group is a leading broker of Voice & Data
communications solutions for small- to medium-sized businesses.
Carrier Alliance Group has been in business for 6 years with
billings in excess of $5 million US and is a profitable operation.
The business model will be to grow the company through a series of
identified acquisitions to attain critical mass and cost savings.
The company will be setting up an investor relations section on the
company website.
Mr. Christopher Panzeca will assume the CEO position of COUV.
The company will be changing its name to Carrier Alliance Group
Inc. and will apply for a new trading symbol.
The company intention is to immediately update all information
and financials for the public, and achieve top tier listing on the
Pink Sheets.
With this acquisition, Corporate Universe will divest Manhattan
Transfer Registrar Company. Manhattan Transfer will become a
privately held company.
More details will follow on a timely basis.
About Carrier Alliance Group Inc.
Carrier Alliance Group through its strategic partnerships is a
leading provider of voice & data communications solutions for
small- to medium-sized businesses across the United States &
Globally. Our network-based solutions include T1's, OC3's, National
POTS's Lines, Hosted PBX as well as a variety of other Voice &
Data and high-bandwidth Internet access products.
Established in 2006, we are headquartered in New York City, NY
with offices in Long Island NY, Miami FL, and Los Angeles CA. Our
experienced and dedicated team of telecommunications professionals
has over 150 years of combined telecom experience. In addition, we
have unique relationships with over 100 different carriers,
delivering nationwide and worldwide coverage with a complete
offering of voice & data services.
Forward-Looking Statement
Some of the statements made in this press release are forward
looking in nature. These statements are based on management's
current expectations or beliefs. These forward looking statements
are not a guarantee of performance and are subject to a number of
uncertainties and other factors, many of which are outside Carrier
Alliance's control, which could cause actual events to differ
materially from those expressed or implied by the statements. The
most important factors that could prevent Carrier Alliance from
achieving its stated goals include, but are not limited to: the
current economic conditions; and disruptions in the financial
markets that could affect Carrier Alliance ability to obtain
additional financing. Additional factors include, but are not
limited to, the company's ability to: increase and maintain the
volume of traffic on its network; develop effective business
support systems; manage system and network failures or disruptions;
develop new services that meet customer demands and generate
acceptable margin; adapt to rapid technological changes that lead
to further competition; attract and retain qualified management and
other personnel; successfully integrate acquisitions; and meet all
of the terms and conditions of debt obligations. Additional
information concerning these and other important factors can be
found within Carrier Alliance's filings with the Securities and
Exchange Commission. Statements in this press release should be
evaluated in light of these important factors. CAG is under no
obligation to, and expressly disclaims any such obligation to,
update or alter its forward-looking statements, whether as a result
of new information, future events, or otherwise.
SOURCE: Carrier Alliance Group Inc
Contacts: Carrier Alliance Group Inc. Chris Panzeca CEO
1-888-522-4768
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