IR/PR PROS Starts Full Coverage of PhoneBrasil International

Mon Jun 16, 2008 11:09pm EDT
 
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MIAMI--(Business Wire)--
IR/PR PROS, a leading source of news and information on small cap
technology companies, has initiated coverage of PhoneBrasil
International (PINKSHEETS: PHBR) today and reported that shares are
now seeing a steady increase in volume and are trading at their most
attractive price levels in 4 months.

   PhoneBrasil International, Inc. and Atlanta, GA based Tacora
Wireless Inc. had previously announced late last year both parties had
finalized, dually signed, and executed the agreement for the first
large-scale WiFi/Wimax Platform in Brazil. IR/PR PROS spokesperson
commented, "Understand and take into mind this type of large scale
network/platform takes time, lots of planning, proper testing, and
requires many of local, state, and Federal approvals."

   PHBR now having Governmental approval is advancing in achieving
the necessary process to get final approval from TUV and CPQD. Upon
the full completion (roughly 2 years) this First large-scale
Wi-Fi/WiMAX will have a valuation of over $1 Billion US.

   Anderson Dias CEO of PHBR had stated, "The parties will utilize
their resources and efforts in designing, establishing and managing a
number of wireless broadband service networks in the form of a
wireless telecommunications company in the Federal Republic of
Brazil."

   The new WiFi/Wimax network will literally cover most major
metropolitan cities, areas, states, and territories of Brazil. This
new untapped technology will give both new subscribers, and already
existing PhoneBrasil customers, the ability to connect their
computers, laptops, VoIP networking devices, and Hybrid cellular
dual-mode communication interfaces anywhere, when this large-scale
WiFi/Wimax platform is available.

   Shares of PHBR closed Monday at $0.31 a share, down $0.06 on the
day, and have consistently proven over the past four quarters that
they can trade well above $1.25 per share.

   PHBR investor website www.phonebrasil.info.

   Tacora Wirless (Now Xiocom) offers a broad range of flexible,
tailor-made wireless services that substantially reduce the cost of
wireless broadband delivery for the company's network of partners in
developed and emerging markets worldwide. Xiocom is also an investment
company that will invest in conjunction with local partners to deploy
and manage the wireless networks. http://www.tacora.com/

   PHBR is an American based company specializing in Hybrid VOIP,
cellular, Broadband and WIFI Technology in the Latin American market
as well as servicing the International Telecommunication Markets.
PhoneBrasil presently services four niche markets supplying VOIP
Technology to and for the wholesale and retail markets as well as
providing calling cards and boxes. PHBR offers prepaid VoIP calls and
equipment, and remains focused on dominating technological aspects
like software, billing, supply, and cost savings.

   Important Notice and Disclaimer: Please Read

   IR/PR PROS is a technology news service which publishes reports
providing information on selected companies that it believes has
investment potential. IR/PR PROS is not a registered investment
advisor or broker-dealer. This report is provided as an information
service only, and the statements and opinions in this report should
not be construed as an offer or solicitation to buy or sell any
security. IR/PR PROS accepts no liability for any loss arising from an
investor's reliance on or use of this report. An investment is
considered to be highly speculative and should not be considered
unless a person can afford a complete loss of investment. IR/PR PROS
has chosen to cover PhoneBrasil International Inc free of charge and
of its own accord. This report contains forward-looking statements,
which involve risks and uncertainties - including, but not limited to,
risks associated with changes in general economic and business
conditions, including financial information, actions of competitors,
the extent to which we are able to develop new services and markets
for our services, the time and expense involved in such development
activities, the level of demand and market acceptance of the company's
services, and/or changes in its business strategies - that may cause
actual results to differ materially from those set forth in the
forward-looking statements. For further details concerning these risks
and uncertainties, please request additional information directly from
the companies above or obtain the SEC filings of the companies
including the companies' most recent annual and quarterly reports.

IR/PR PROS
Kyle Roberts, 954-865-0459
irpr@irprpros.com
www.irprpros.com

Copyright Business Wire 2008

 

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