SAN DIEGO, July 24, 2012 (GLOBE NEWSWIRE) -- VelaTel Global
Communications (OTCQB:VELAD), a leader in deploying and operating
wireless broadband and telecommunication networks worldwide, announced
today that its subsidiary Zapna ApS, a Denmark corporation and provider
of mobile applications and Smart SIM cards to reduce mobile long
distance and roaming charges, has signed a distribution agreement with
Kimarin Europe to launch Zapna products and services in Spain. Based on
this agreement, Zapna expects to reach to more than 50,000 new
potential customers in Spain within the next 12 months.
"We chose Zapna as our partner because they can provide us with
patented Smart SIM card technology, fully integrated technical
solutions, and expertise in successfully launching this kind of
service," stated Niels Arne Mikkelsen, CEO of Kimarin. "We are
extremely pleased to have Kimarin as our partner. We believe their huge
experience in the telecom industry will be invaluable in launching
services in the target segments," added Omair Khan, founder of Zapna.
Zapna has granted Kimarin the right to sell and distribute Zapna's
Smart SIM cards and services in Spain under the Kimarin brand. The new,
mobile prepaid service from Kimarin will allow mobile phone customers
throughout Spain to lower their cost for international calls
substantially (up to 90%) without changing their current carriers or
plans, simply by using Zapna's Smart SIM card overlay in connection
with their existing mobile phone's SIM card. Customers will be able
purchase Zapna's Smart SIM card from Kimarin's website,
http://puraenvidia.com/clientes/kimarineurope/, or from appointed
agents, easily install it directly on top of their existing SIM card,
and then open a prepaid account through Kimarin. Initially, agents will
be appointed in the Costa del Sol area, but soon after throughout the
remaining parts of the Mediterranean Coast, Balearic Isles, Canary
Islands, Madrid, and Barcelona.
Three distinctive market segments will be targeted:
1. Foreign nationals who live in Spain or spend a significant amount of
time in Spain.
2. Spanish nationals with family members and relatives living abroad.
3. Companies and organizations with a significant volume of
Zapna and Kimarin have implemented the system and launched in targeted
Spanish markets. Kimarin has placed an initial order of 5,000 Zapna
Smart SIM cards.
"We are proud of our Zapna team for closing another distribution
partnership that will dramatically increase our subscriber base.
Zapna's products and services are well positioned for exponential
revenue growth, and we expect to realize that growth over the coming
months and years," said George Alvarez, CEO of VelaTel.
About VelaTel Global Communications, Inc.
VelaTel acquires spectrum assets through acquisition or joint venture
relationships, and provides capital, engineering, architectural and
construction services related to the build-out of wireless broadband
telecommunications networks, which it then operates by offering
services attractive to residential, enterprise and government
subscribers. VelaTel currently focuses on emerging markets where
internet penetration rate is low relative to the capacity of incumbent
operators to provide comparable cutting edge services, and/or where the
entry cost to acquire spectrum is low relative to projected
subscribers. VelaTel currently has project operations in People's
Republic of China and Peru. Additional target markets include countries
in Latin America, the Caribbean, Southeast Asia and Eastern Europe.
VelaTel's administrative headquarters are in San Diego, California. For
more information, please visit www.velatel.com.
The VelaTel Global Communications logo is available at
Zapna ApS, a Danish company, is working within the international mobile
communications industry. Since 2010, Zapna has been focused on mobile
solutions to make cheaper international calls within and outside
Denmark without compromising quality of service. Zapna has established
unique brands in Denmark, which include Zerocall, Zapna and Roammore.
Zapna launched commercial service in Denmark in 2010 and has since
rolled out service with partners in several countries including Sweden,
Norway, Finland and Spain.
www.zapna.com; www.zerocall.com; www.roammore.com.
Kimarin is a newly established Spanish company, managed and owned by a
management team with many years of experience in the mobile telecom
industry in Europe. The company will focus on providing Zapna's Smart
SIM card and services in Spain, with launch of commercial service
expected during August 2012.
This press release may contain forward-looking statements that involve
risks and uncertainties. Actual results, events and performances could
vary materially from those contemplated by these forward-looking
statements. These statements involve known and unknown risks and
uncertainties, which may cause actual results, expressed or implied, to
differ materially from expected results. These risks and uncertainties
include, among other things, product demand and market competition. You
should independently investigate and fully understand all risks before
making an investment decision.
CONTACT: VelaTel Global Communications, Inc.
(Toll Free) 1-877-260-9170
Mobile: +45 29 90 00 00
Niels Arne Mikkelsen
Mobile: +34 667457799