|By Marketwired .||
|June 30, 2014 06:17 PM EDT||
DALLAS, TX -- (Marketwired) -- 06/30/14 -- DataJack, Inc. (OTCQB: DJAK) (OTCQB: DJAKD), a provider of broadband technology and services, announced today that it has completed the Unified Signal merger. Unified Signal is a leading MVNE (Mobile Virtual Network Enabler) in the telecommunications industry. Unified Signal's SAS (software as a service) based billing and back office solution enables companies in virtually any industry sector to resell cellular service as well as other telecom services using their existing brand. Unified Signal's turnkey telecom billing solution allows its clients to sell, provision, fulfill, and care for multiple telecom services, including pre and post-paid cellular, local, long distance, Internet, and now even mobile commerce.
Unified Signal's Chief Executive Officer, Paris Holt, states, "Unified Signal has not historically supported data only enablement services; however, the telecom industry as a whole is becoming very data centric. I am very impressed with the DataJack software back office infrastructure and the team it has assembled. From the very start of our due diligence, we realized quickly that the synergies between the two companies were great and both companies would benefit immensely from a merger of the two technologies and the integration of both teams. Unified Signal brings its software systems, supplier eco system, as well as 19 very exciting live revenue producing clients. It also brings a significant sales pipeline of fortune 500 companies that need the combined Unified Signal and DataJack services."
Unified Signal's technology infrastructure allows its clients to implement faster, have much more control of the system, and is far more cost efficient than competing billing and back office systems. Unified Signal has successfully integrated with most U.S. carriers, which has never been completed by any other U.S. billing system. Unified Signal also enables its clients to private label their own mobile wallet including integration into a full featured prepaid debit card.
The company's Vice President of Operations, Andrea Munoz, states, "We are very excited about our future as the telecom industry is rapidly expanding into the markets we serve. The company will be rebranded Unified Signal and DataJack will become the name of the data only enablement technology. Both teams are working closely together to converge these two technologies into one seamless and ubiquitous solution and as a result, provide the telecom resale industry with a product suite that can more easily provide for increased product differentiation, customer longevity, and profitability for our clients."
The company's future strategy is to launch and integrate with international carriers around the world; expand its product suite to support the resale of other services such as IPTV, VoIP, and energy; and market and expand internationally with the company's mobile commerce platform which now supports real time money transfer internationally for a fraction of the cost of competing technologies.
About Unified Signal
Unified Signal is a SAS (software as a service) based billing and back office platform, which enables companies in virtually any industry sector to launch cellular, as well as other telecom services using their existing brand. Unified Signal's SAS platform and infrastructure allows clients to implement faster, have more control over the system with feature rich tools, while being more cost efficient than other solution providers. Unified Signal's turnkey telecom billing platform allows its clients to sell, provision, fulfill, and care for multiple telecom services, including pre and post-paid cellular, local, long distance, Internet, and mobile banking. Unified Signal's SAS platform is integrated with most major U.S. carriers. The platform also enables clients to private label mobile banking services including a full mobile wallet linked to a prepaid debit card. www.unifiedsignal.com
Safe Harbor: Statements about the Company's future expectations and all other statements in this press release other than historical facts, are 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management as well as assumptions made by and information currently available to the Company or its management. When used in this document, the words 'anticipate,' 'estimate,' 'expect,' 'intend,' 'plans,' 'projects,' and similar expressions, as they relate to the Company or its management, are intended to identify forward-looking statements. Such statements reflect the current view of the Company regarding future events and are subject to certain risks, uncertainties and assumptions, including the risks and uncertainties noted. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove to be incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, intended or projected. In each instance, forward-looking information should be considered in light of the accompanying meaningful cautionary statements herein. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, the impact of competitive services and pricing and general economic risks and uncertainties.
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