San Francisco, CA (February 24, 1999):Group V Corporation is a diversified telecommunications company specializing in some of the world's most explosive and profitable market segments including: one plus, toll free long distance and pre-paid phone card products. Group V has created a network of complementary companies, all of which offer products and services of their own, many of which market, develop or deliver the products of companies within the Group V family. This vertical integration strategy puts Group V in an excellent position to significantly reduce the risk of entering new markets by leveraging the strength of its existing subsidiary companies. Group V's ability to assess a market for profit opportunities and quickly create unique products for niche markets gives Group V an edge in smaller profitable market segments.
The Company has retained a diverse team of professionals with expertise in many different facets of the Company's core businesses, including telecommunications, system design, software development, publishing and marketing.
Group V Corporation ("GRPV") and its subsidiaries are positioned to penetrate and capture a substantial percentage of the 3 Billion dollar per annum pre-paid telephone market and the 38 Billion dollar lottery market with innovative products that provide excellent value for the consumer, substantial margins for the retailer and profitability for GRPV.
Group V Operations
Group V's subsidiary development has successfully targeted niche markets within the pre-paid telecommunications industry. Through its wholly owned long distance carrier, Academy Network Services (ANS), the Company currently has the capacity to support various configurations of pre-paid phone card traffic on their debit platforms and maintains unlimited capacity to support one plus and toll free long distance traffic for a variety of business and residential applications. The Company currently supports a number of residential and business applicants, and continues to expand their one plus long distance services. ANS recently received orders for pre-paid phone cards of just under $1,000,000 per month in addition to its current sales.
Through ANS, Group V is able to provide the telecommunications, customer service and fulfillment support needed for another Group V subsidiary, National Pools Corporation (NPC), and the HitLoTTo program. The innovative HitLoTTo® Club Card allows lottery players residing in any state to join lottery clubs formed to play in major U.S. State lotteries, including the Powerball and Big Game lotteries and those in California and Florida, by telephone, from anywhere in the country or from the comfort of their living room. Once nationally distributed, the HitLoTTo brand name will become as well known as the Powerball Lottery name. The HitLoTTo program has already expanded GRPV's horizons onto the Internet with www.hitlotto.com and has a series of online products currently under development.
Group V's subsidiary, Lottery Publications Corporation, publishes Lottery InsiderTM magazine. Lottery Insider magazine is unique, as it is currently the only magazine directed at the lottery player.
Premier Plus, Inc., Group V's network marketing company, established only a few months ago, specializes in telecommunications products and discount travel programs, with other products to be introduced late next year. |