trinidad tokelau
tonga t
Roger Karam, president and vice
chairman of
Efonica since 2002, will now serve as president of Fusion's VoIP
Division.togo africa
PowerGen is proceeding
with the construction of this project.turks africa
Muller, Mirant's chairman and chief
executive officer.
The
company operates an asset management and energy marketing organization
from its headquarters in Atlanta
. With 100%
control of Efonica, we believe that we can leverage the significant experience
and
relationships of the entire Efonica team which has been selling VoIP
services in the emerging markets
for more than eight years."
Mr. Fusion currently
provides a full suite of communications services
to corporations, postal
telephone and telegraph companies, international carriers, government
entities
, Internet service providers and consumers in over 45 countries.caribbean tanzania
Commenting on the acquisition
, Matthew Rosen, president and COO of Fusion
said, "Our belief in the tremendous opportunity for IP
communications services
in emerging markets is the cornerstone of Fusion's growth strategy.asia taiwan
The new
facility
will be a natural-gas-fired, simple-cycle power plant utilizing two combustion
turbines
.
Mirant is a competitive energy company that produces and sells electricity
in the United
States, the Caribbean, and the Philippines.t leste
Mirant Joint Venture Signs 30-Year Power Purchase Agreement
The generating capacity is located in Curacao, Grand Bahama, Jamaica
and Trinidad and Tobago
.caribbean tokelau
Fusion Completes Efonica Acquisition
Statements in this Press Release that are not purely
historical facts,
including statements regarding Fusion's beliefs, expectations, intentions or
strategies
for the future, may be "forward-looking statements" under the
Private Securities Litigation Reform
Act of 1995.trinidad taiwan
tuvalu middle
(PowerGen) has signed a 30-year power purchase agreement with the Trinidad and
Tobago
Electricity Commission (T+TEC) for a 208 megawatt expansion at
PowerGen's Point Lisas Power Station
on the island of Trinidad. Risk factors, cautionary
statements and other conditions which could cause
Fusion's actual results to
differ from management's current expectations are contained in Fusion
's
filings with the Securities and Exchange Commission and available through
http://www.trinidad thailand
Fusion
plans to continue to build the brand's equity
throughout all of its target markets. The Efonica brand
of VoIP products has gained widespread recognition in the Middle East, Asia
and Africa and we
are making significant progress toward penetration of the
Latin American and Caribbean market.trinidad tanzania
Beyond
the opportunities that exist
through our own Efonica branded retail services, we believe that there
is
significant growth potential for our private label business for emerging
markets that either
do not want to spend the capital or do not possess the
skills or the know-how to develop and support
VoIP without Fusion. Such risks and
uncertainties include, among others, introduction of products
in a timely
fashion, market acceptance of new products, cost increases, fluctuations in
and obsolescence
of inventory, price and product competition, availability of
labor and materials, development of
new third-party products and techniques
that render Fusion's products obsolete, delays in obtaining
regulatory
approvals, potential product recalls and litigation.tonga leste
The expansion will raise the total
installed capacity at Point Lisas to 842 megawatts."
About Fusion:
Fusion is a
provider of VoIP (Voice Over Internet Protocol) and other
Internet services to, from, in and between
emerging markets in Asia, the
Middle East, Africa, the Caribbean and Latin America.t tobago
Trinidad and
Tobago enjoys a strong sovereign credit
rating of A- by Standard + Poor's. It delivers 634 megawatts
of electricity pursuant to a long term
power purchase agreement with T+TEC.turkmenistan turkey
Stockholder
inquiries:
678 579 7777
tunisia oceania
com.africa middle
Mirant owns or
leases more than 18,000 megawatts
of electric generating capacity globally.tajikistan tanzania
Mirant's investment in the project will be $39 million
.
The Point Lisas Power Station is one of the largest power plants in the
Caribbean.gov.turkmenistan tokelau
Efonica
has already established a
customer base in over 45 countries and a strong brand throughout the Middle
East, Asia and Africa.tonga middle
For more information, please visit
http://www. NEW YORK, Fusion (Amex:
FSN) announced
today that it has completed its previously announced acquisition of the 49.
Efonica will now serve as the retail VoIP services division of Fusion,
offering a full suite of
VoIP solutions to customers in Asia, the Middle East,
Africa, Latin America and the Caribbean.middle tokelau
8%
interest in Efonica that it did not already own from its joint venture partner
Karamco, Inc. I
believe that together we will become the
leading provider of VoIP in the emerging markets. All forward
-looking
statements involve a number of risks and uncertainties that could cause actual
results
to differ materially from the plans, intentions and expectations
reflected in or suggested by the
forward-looking statements.island tuvalu
Mirant has ownership or net operating interests in 2,000 megawatts
of
electric generating capacity in the Caribbean, enough to power about 2 million
homes.mirant
. Karam noted, "I am excited to join the Fusion team and look forward to
expanding Fusion's retail
business.island t
PowerGen is a joint venture owned 39 percent by Mirant, 10 percent by BP
and 51
percent by T+TEC.
"Today's announcement underscores the commitment of all partners in
PowerGen
to the development of Trinidad and Tobago, the fastest growing
economy in the region," said Edward
R.caribbean timor
208-Megawatt Power Expansion in Trinidad
ATLANTA, Mirant (NYSE: MIR
) today
announced that the Power Generation Company of Trinidad and Tobago Ltd.sec.
leste taiwan
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