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Winston-Salem, NC, United States, 2008/03/13 - SmallCapReview.com, a leading small-cap stock information site, is pleased to announce that Eagle Ventures (EGVI) has been named as a "New Focus Stock".
Eagle Ventures is the parent company of a high growth global Voice-over-Internet Protocol (VoIP) service started in 2004 called TelExtreme as well as Hydrate2o, a water that uses a patent pending technology combined with organic mineral electrolytes that actually changes the physical properties of the water so it is more efficiently absorbed into the cells of your body.
EGVI's subsidiaries have grown from a handful of customers and distributors in 2005 to nearly 50,000 in 2007. With sales exceeding $30 million in 2007, the Company has begun aggressively expanding into new markets and is introducing complimentary product lines.TelExteme is in the fast growing telecommunications business offering three types of VoIP service: residential, international, and pre-paid “pay as you go” calling plans, to both business and individual customers.
To date, TelExtreme’s revenues have been generated primarily in Brazil, with lesser contributions coming from Mexico and Malaysia. This has helped the company fine tune their sales and marketing effort, as well as generate outstanding financial results in a very short time. In January, the Company announced the introduction of service to the United States, where VoIP usage is expected to increase 60% to nearly 32 million customers over the next two years industry-wide. The Company plans to enter up to a dozen other high-growth markets this year.
Hydrate2o which was was founded in 2005, markets its products to consumers through major retailers including Albertson's, SaveMarts, and Nike to name a few. The Company's initial marketing efforts are focused on the West Coast to maximize early stage market penetration.
EGVI recently announced it will be offering its first voice-over-Internet-protocol (VoIP) services within the United States. The decision to enter the fast-growing U.S. VoIP market is part of a growth initiative aimed at increasing the company's revenues to over $60 million for 2008.
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