Crown Equity Holdings Inc. (OTCBB:CRWE) announced today that its subsidiary company, Crown Tele Services Inc. (http://www.crownteleservices.com ) is still moving forward after dissolving its joint venture with Communication Expert Corporation and will gradually start rolling out its internet based voice and video service IP-PBX solutions next year.
The cornerstone of Crown Tele Services Inc. strategy is to meet the highest standards when it comes to delivering VoIP (Voice over Internet Protocol) communication solutions specifically designed to meet the market needs.
Commenting on the venture, Kenneth Bosket, president, said, “We are still excited with this opportunity to expand our footprint in this valuable market. The demand for internet-based voice and video services is growing exponentially and our new subsidiary Crown Tele Services Inc. has launched its new website and intends to emerge as a service provider of choice.”
According to ABI Research, the latest global business VoIP services forecasts show that the value of the overall market, which includes VoIP integrated access, SIP trunking, hosted IP-PBX/IP Centrex and managed IP-PBX services, is set to double over the next five years, to exceed $20 billion by 2015.
The principle behind VoIP is simple. Calls are placed over the Internet instead of using dedicated voice lines to do the job. This is easy to understand once we realized that all information can be digitized and sent as a signal over a wire. In fact, this also happens with regular voice – your sound signals are encoded and sent over a wire. With the Internet, such things become easy and voice communication can happen in real time just as with a normal phone.
Crown Equity Holdings Inc., together with its digital network, currently provides electronic media services specializing in online publishing and Web sites, which bring together targeted audiences and advertisers that want to reach them.
Xerium Technologies Inc. (NYSE:XRM) continued to advance its position as the leading innovator in paper machine clothing technology by announcing full commercial availability of two new press clothing applications designed to enhance sheet quality, improve machine efficiency, and reduce energy consumption. Impact press fabric technology combines innovative raw materials, highly compressible base structure elements, and exclusive needling technology to deliver ultra-high press performance; and Finetexx forming fabric technology represents the ultimate solution for sheet quality, machine efficiency and reduced energy consumption.
Xerium Technologies, Inc. engages in the manufacture and supply of consumable products that are used in the production of paper primarily in North America, Europe, South America, and the Asia-Pacific. It operates in two segments: Clothing and Roll Covers. The Clothing segment manufactures clothing products, such as forming fabrics, press felts, and dryer fabrics that are used on paper-making machines.
John Hancock Tax Advantaged Dividend Income Fund (NYSE:HTD) announced on Dec 7, 2010 that its Board of Trustees, in evaluating strategic options to enhance shareholder value and potentially decrease the discount between the market price and the net asset value (�NAV�) of the Fund�s common shares, has renewed the Fund�s share repurchase plan that is set to expire on December 31, 2010. As renewed, the Fund may purchase, in the open market, up to an additional 10% of its outstanding common shares between January 1, 2011 and December 31, 2011 (based on common shares outstanding as of December 31, 2010).
John Hancock Tax Advantaged Dividend Income Fund is a closed-ended equity mutual fund launched by John Hancock Funds, LLC. It is co-managed by John Hancock Advisers, LLC, MFC Global Investment Management (U.S.), LLC, and Analytic Investors, Inc. The fund invests in public equity markets of the United States. It seeks to invest in the stocks of companies operating across the diversified sectors.
Nuveen Global Government Enhanced Income Fund (NYSE:JGG) announced regular quarterly distributions for 16 Nuveen closed-end funds. These funds represent a broad range of equity and taxable fixed-income investment strategies for investors seeking to build sophisticated and diversified long-term investment portfolios for cash flow. Quarterly distributions for two funds, NASDAQ Premium Income & Growth Fund (NASDAQ:QQQX) and Global Income and Currency Fund (NYSE:GCF) are included in Nuveen�s quarterly distribution announcement for the first time this month.
Nuveen Global Government Enhanced Income Fund is a closed-end management investment company. The Fund�s primary investment objective is to provide a high level of current income and gains. The Fund�s secondary investment objective is to seek capital preservation. The Fund invests in global government debt securities directly or indirectly by investing in debt-related derivative instruments.
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