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Convergence Technologies Group Inc.  Homepage................... convergencetechnologygroup.com Corporate Overview.... convergencetechnologygroup.com Company Overview Convergence Technology Group Incorporated are Global communications specialists, dedicated to maximising communications efficiency through the utilisation of the latest technology. The Company invests heavily in technology trends, with highly trained sales consultants and engineers studying the sophisticated communication solutions in a bespoke design service, perfectly matching each system to the client requirements. Attention to detail, professionalism in every aspect and dedication to superb customer service make Convergence Technology Group Incorporated the first choice in communications consultants The company specifically specializes in IP PBX Solutions, Hosted Telephony, Call Centre, Voice Recording, Voice over IP and Computer Telephony Integration (CTI) The following are some of the highlights of the company: • $519,479 in revenues over the last year • Quarter-over-quarter revenue growth over the last year has come in at an astounding average increase of 45.3% • Profitable last quarter, expected to continue and exponentially grow going forward (a pinksheet already in the green!) • Existing Customers span over 10+ unrelated business sectors, eliminating reliance on a single sector in case of sector downturn • Total sales pipeline as of June 29th was $1.76 million VoIP Market: • Global VoIP user base increasing by astounding 83% year-over year (more than doubling in United States and Europe) • US consumer VoIP market currently $1.2 billion and growing • US business VoIP market annual growth rate a mind-blowing 31.4% annually, predicted to reach $3.2 billion by 2010 • Western Europe VoIP market expected to reach $2.25 billion by 2011 • Cellular VoIP market expected to explode, reaching $25.9 billion in United States & Europe by 2012 In summary, "Every two-guys-and-a-credit-card plus many better-funded operations are starting a VoIP business for the chance to be in the most rapidly growing sector of a $1.2 trillion global telecom market that's projected to grow to $1.6 trillion by 2010." Convergence Technologies Group Inc. is offering investors the chance to get in at the ground floor of a company that is already on the 4th floor of a 100-story building. And with the sector growing as fast as it is, there is a crane constantly on top of the building adding floors! Share Structure: • Outstanding Shares.... 106,750,000 • Float................................ 14,500,000 Financial Projections: ......................................................<------------------- Previously Posted Quarters -------------------->............<--- Projected Quarters ---> ......................................................Quarter 1...........Quarter 2...........Quarter 3...........Quarter 4...........Quarter 1...........Quarter 2 Revenue........................................58,685..............111,870..............161,099...............187,825...............296,745.............562,992 Income..........................................(56,947)...........(107,834)..............(34,481)..................2,909.................92,197.............237,440 Similar Publicly Listed Companies: • Avaya Inc. (AV), a partner of Convergence Technologies Group Inc, is a successfull 8 billion dollar company currently trading at $17.21 a share. • Sonus Networks (SONS), growing over 50% annually, is currently valued at over 2 billion dollars and trades at $8.49 a share. • Brookside Technology Partners, Inc. (BKSD), is currently trading on the bulletin boards, and trades at $.63 a share. *prices taken as of August 2007 ************************************************* ********** RELEVANT ARTICLES ********* ************************************************* • per CNN in regards to Voice over Internet Protocol (VoIP) technology is transforming the telecommunications industry, translating into big savings on phone bills for individuals and companies: edition.cnn.com • per VoIP News in regards to an in-depth overview of the ever-changing VoIP Market for early 2007: voip-news.com • per VoIP Choices.com in regards to everything you want to know about VoIP technology (VoIP 101 if you will) articles.voipchoices.com • per Light Reading.com in regards to the explosion of the VoIP Technology: lightreading.com • per MyVoipFon (via Youtube)is a 2 minute video that displays a brief look at how VOIP phone service is changing the way we communicate and how you can profit from it: youtube.com • per author & educator Steven Sheppard (via Youtube) is a 40 minute presentation video that gives a detailed 40-minute analysis of the pros & cons small businesses owners and decision makers need to be properly consulted about before they can "buy into" and benefit from adapting any VoIP solution or migration strategy into their businesses communication and technology suites (highly reccemended viewing when you have time): youtube.com *************************************** ******* PRESS RELEASES ****** *************************************** • August 7, 2007 - Convergence Technology Group Inc. Launches to Pinksheets with 1.758M sales pipeline http://money.cnn.com/news/newsfeeds/articles/prnewswire/UKTU05007082007-1.htm ************************************************************* ************** Chart Since Initial Listing ************** ************************************************************* | ||||||||||||||
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