Science and Technology Science and Technology
Wed, July 15, 2009
Tue, July 14, 2009

Flint Telecom Group, Inc.: Flint Telecom Group Hires Key Executive and Launches First Company Branded Prepaid Calling Card


Published on 2009-07-14 05:24:10, Last Modified on 2009-07-14 05:24:16 - Market Wire
  Print publication without navigation


BOCA RATON, FL--(Marketwire - July 14, 2009) - Flint Telecom Group, Inc. (OTCBB: [ FLTT ]), a fast growing next-generation IP communications products and services company headquartered in South Florida, announced that it has hired Dennis Puckett as Vice President of Flint and its wholly owned subsidiary Wize Communications, Inc., a Prepaid Calling Products and Services Provider.

Flint's President Bill Burbank said, "Dennis brings over 15 years of telecom, software and business development experience to the Company. He has vast experience and relationships with Telecom Carriers, retail calling card distribution and knows the platforms to support these services inside and out. With the Company's newly expanded network infrastructure and growing U.S. revenues in prepaid calling cards and prepaid cellular products, we needed additional seasoned professionals to drive our Prepaid Calling Products to the next level. Dennis' experience and hands-on approach will enable the Company to launch many new higher margin products and services with great precision."

Prior to joining Flint, Dennis was VP of Corporate Development with Trucall Solutions. At Trucall, Dennis was responsible for expanding the company's distribution network to over 7,000 store fronts and generating an additional $6 million in revenue during his first year at the company. Prior to Trucall, Dennis was VP of Business Development for Personic Software, Inc., a leading provider of human capital management & recruiting software, with 300 employees, offices in four countries and revenues of $75 million. At Personic, Dennis created and managed the strategic alliance program that generated an additional $7 million in sales through indirect sales channels. Prior to Personic, Dennis was the founder and CEO of CareerStream, Inc. At CareerStream, he drove a cohesive team to develop a web-based recruiting solution that was recognized by Microsoft as one of the leading software providers utilizing the .NET platform. Backed by $4.6 million in venture capital, CareerStream was acquired by Personic Software in February 2001. Prior to CareerStream, he was founder and President of Valucom International, Inc. At Valucom, Dennis led a cohesive team to build a retail distribution network for prepaid calling cards that generated over $11 million in annual revenue. Valucom was sold in April 1998. Dennis has a B.B.A. in Finance from Georgia State University.

Jose Ferrer, Flint's Executive Vice President of Business Development, stated, "I am very pleased to announce the launch of 'MANGO,' Flint's first company branded prepaid calling card. Dennis Puckett has been instrumental in developing this card and will provide on-going platform management for MANGO as well as many other cards we have in our product plans. We are in the final development stages of a card, similar to MANGO for the California market as well as a specialty card for a specific Caribbean region where we have ample capacity and a preferential price through another one of our wholly owned subsidiaries, CVC International, Inc. Because of the significant distribution that our companies have in the Florida and California markets we expect that our new higher margin products will gain traction very quickly making them an 'overnight' success."

About Flint Telecom Group, Inc.

Flint Telecom Group, Inc. ("FLTT") is a fast growing U.S. holding company headquartered in South Florida. Through its subsidiaries the Company provides an extensive portfolio of next generation IP communication solutions which include hosted digital phone, voice and data termination, wireless, cable and prepaid calling products and services. The Company was founded by telecom and technology entrepreneurs with a proven track record in building global technology companies. Flint Telecom has grown both organically and through corporate M&A and is traded on the OTC Bulletin Board (OTCBB) under the symbol FLTT.OB. Additional information may be found at [ www.FlintTel.com ].

Forward-Looking Statements

The foregoing, including any discussion regarding the Companies' future prospects, contains certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve numerous risks and uncertainties, including, but not limited to risks and uncertainties associated with economic conditions in the telecommunications industry, particularly in the principal industry sectors served by the Companies; risks and uncertainties inherent in the operation of businesses outside the United States; changes in customer requirements and in the volume of sales to principal customers; the ability of the Companies to assimilate acquired businesses and to achieve the anticipated benefits of such acquisitions; competition and technological change; and the ability of the Companies to control operating costs and maintain satisfactory relationships with existing and potential vendors. The Companies' actual results of operations may differ significantly from those contemplated by any forward-looking statements as a result of these and other factors, including factors that may be set forth in the Companies' filings with the Securities and Exchange Commission.