Business & Finance
Business and Finance
Business and Finance
Wed, July 14, 2010 
BOCA RATON, FL--(Marketwire - July 14, 2010) - China Voice Holding Corporation (CHVC) (
Wize Family and Friends is a new calling card that delivers exceptional value to the caller, enabling very long calls, across international borders, or extremely low prices. This innovative product allows a caller to dial out to the country of his choice, provide the called party with a PIN and a local access number and connect them for hours of talk time. Both callers use a local number; therefore, no additional long distance fees are incurred. Each call enables up to 8 hours of talk time for $1.00 per call.
Bill Burbank, CHVC's CEO, said, "Wize Family and Friends is a service that we expect to have a huge effect in the Calling Card industry. The flexibility of the service, as well as the value delivered, is unprecedented."
Jose Ferrer, CHVC's COO, stated, "Wize Family and Friends offers a new way to unite people across the world, and it could revolutionize the calling card industry as we know it today. This service is backed by carrier-class switching systems and a proven and solid IP Network infrastructure. The initial product offering is based on $2, $5 and $8 denominations. For example, our $5 card provides 5 calls, each up to 5 hours in length. Initially, we are offering country specific cards to connect with Guatemala, Mexico and El Salvador. Additional countries are in our future plans and will be announced at a later date. Today, Wize Family and Friends limits callers to call to and from the U.S. to a specific country. At a later date, we expect the service to allow callers to have the ability to call to and from countries other than the U.S. Our initial launch is in Florida this week, then with our master distributor in the Northeast, to be followed quickly throughout the U.S. and select International distribution partners."
China Voice Holding Corp. ("CHVC") is a U.S. publicly-traded holding company headquartered in South Florida with a portfolio of next-generation communications products and services doing business in the U.S. and People's Republic of China. Through its subsidiaries, the Company provides Voice over Internet Protocol ("VoIP") telephone services, office automation, wireless broadband, unified messaging, video conferencing, VoIP wholesale termination services, prepaid calling products and other advanced voice and data services. China Voice Holding Corp. trades Over-the-Counter and is listed in the Pink Sheets under the symbol "CHVC". CHVC files required financial and disclosure reports with the Securities and Exchange Commission. Additional information may be found at [ www.chvc.com ].
Forward-Looking Statements
The foregoing, including any discussion regarding the Company's future prospects, contains certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve numerous risks and uncertainties, including, but not limited to risks and uncertainties associated with economic conditions in the telecommunications industry, particularly in the principal industry sectors served by the Company; risks and uncertainties inherent in the operation of businesses outside the United States; changes in customer requirements and in the volume of sales to principal customers; the ability of the Company to assimilate acquired businesses and to achieve the anticipated benefits of such acquisitions; competition and technological change; and the ability of the Company to control operating costs and maintain satisfactory relationships with existing and potential vendors. The Company's actual results of operations may differ significantly from those contemplated by any forward-looking statements as a result of these and other factors, including factors that may be set forth in the Company's anticipated filings with the Securities and Exchange Commission.
