Pac-West Announces Further Investment from Parent Company Columbia Ventures Corporation

Investment expected to stimulate expedited development of Telastic® product line and on-boarding of origination services customers

SAN FRANCISCO--(BUSINESS WIRE)-- Pac-West Telecomm, Inc. ("Pac-West"), a leading provider of advanced telecommunications services, today announced that Columbia Ventures Corporation (CVC), Pac-West’s parent company, has invested additional capital that will allow Pac-West to continue expanding and developing its origination offerings and cloud-based Telastic® service line in order to meet the growing demands of its customers. The investment comes as the telecom industry continues to see astronomical movement in the worldwide VoIP market and Pac-West faces intensifying interest in its on-demand, cloud-based Telastic® technology. The investment enables Pac-West to more quickly roll-out features in response to their growing Telastic® customer base while maintaining a high level of customer service for its core origination service customers.

“Pac-West has leveraged cloud-based services with our Telastic® line in a manner that has completely changed what is possible for us to provide to our customers,” said Jim Hensel, CEO of Pac-West. “The choice that CVC has made to invest additional resources into Pac-West for support of these efforts is indicative of a larger commitment they’re making to our customers and that Pac-West’s strategic direction is in line with the future of the industry.” Since its debut in September 2010, Pac-West has continued to evolve the line of Telastic® cloud-based services, including the launch of a reseller program for Telastic® White-Label Hosted VoIP and the announcement that its hosted Telastic® border controller would be additionally available as a software.

About Pac-West Telecomm For thirty years, Pac‐West has provided communications infrastructure services that have enabled the world’s best carriers and service providers to get a competitive edge and keep it. Our established origination and termination offerings combined with our groundbreaking Telastic® on-demand services offer unparalleled reliability, security, and – most importantly – value. Pac‐West earns your business by empowering you with the services you need – fast. We keep your business by providing customer service that’ll have you wondering why you ever trusted your business with anyone else. For more information, visit www.pacwest.com/about-us.php.

About Columbia Ventures Corporation: Columbia Ventures (CVC) is a private investment company with telecom holdings in the US, Canada, Europe, Asia and Australia.

CONTACT:

Pac-West Telecomm, Inc.
Vic Bozzo, 510-380-5973
Chief Sales and Marketing Officer

KEYWORDS:   United States  North America  California

INDUSTRY KEYWORDS:   Technology  Internet  Telecommunications  Mobile/Wireless

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