VentureNet Capital Group, Inc. Creates A Wholly-Owned Subsidiary
TEMECULA, Calif., Nov. 9 /PRNewswire/ -- VentureNet Capital Group, Inc. (www.vntrnet.com , a Delaware Corporation) (OTC Bulletin Board: VNTN) announced today that it has created a wholly-owned subsidiary, Virtual Internet Services, Inc.(VIS).
Virtual Internet Services is a business support company that will set a new standard in providing high-quality low-cost Internet services for small to medium size businesses. The provision of these services will be undertaken via the use of Virtual Sales Agents (VSAs) who when working from their own homes as independent contractors, will provide the necessary fulfillment of most of the purchases made. The tools used by these independent contractors to create and deliver company products and services will be developed in conjunction with a database that allows new orders, updates, and/or order changes to be completed in real time.
Additionally, VIS will feature an online bi-lingual (Spanish) business directory that will include a free basic listing, company name, address, telephone number and a brief descriptive statement about the business. The premium listings will include items such as priority listings, bold listings, and hyperlinks, email links, 800 numbers, etc. Other features that will be developed over the next year will allow site visitors to access VSAs on a real time basis using live video and audio streaming giving the site a true click and mortar feel.
Virtual Internet Services will be managed in California by David S. Rice, Senior V.P. of Operations and IT, and in Florida by Adam A. Green, Senior V.P. of Sales and Marketing. "We have projected that VIS will generate approximately $3 million dollars in revenue in it's first year of operation," stated Green. "We are enthusiastic about making available the tools and support which is vital to the success for small business in today's new economy. Our unique business model requires very little overhead, which will only contribute to the bottom line. The value gained by this model not only allows the VSA to drive the sales process but also provides the fulfillment while engaging the sale," Rice added.
VentureNet Capital Group, Inc. specializes in providing financing and management expertise to private and public emerging growth companies demonstrating current revenues and a high growth potential.
For further information please contact VentureNet Capital Group, Inc. at 909-296-9945.
Safe Harbor Statement
The foregoing press release may include numerous forward-looking statements concerning the company's business and future prospects and other similar statements that do not concern matters of historical fact. The Federal securities laws provide a limited "safe harbor" for certain forward-looking statements. Forward-looking statements in this press release relating to product development, business prospects and development of a commercial market for technological advances are based on the company's current expectations. The company's current expectations are subject to all of the uncertainties and risks customarily associated with new business ventures including, but not limited to, market conditions, successful product development and acceptance, competition and overall economic conditions, as well as the risk of adverse regulatory actions and the possibility of private litigation. The company's actual results may differ materially from current expectations. Readers are cautioned not to put undue reliance on forward-looking statements. The company disclaims any intent or obligation to update publicly these forward-looking statements, whether as a result of new information, future events or for any other reason.
VentureNet Capital Group, Inc., 27349 Jefferson Ave. #200, Temecula, CA 92590, e-mail: info@vntrnet.com.
SOURCE VentureNet Capital Group, Inc.
/CONTACT: VentureNet Capital Group, Inc., 909-296-9945, info@vntrnet.com/
/Web site: vntrnet.com |
