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PowerNet Global Announces Search for Acquisitions

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Posted March 12, 2010

PowerNet Global Announces Search for Acquisitions

Acquisition of Complementary Businesses Will Accelerate Company’s Growth in Business Space

CINCINNATI--(BUSINESS WIRE)--PowerNet Global, veteran of the telecommunications industry for nearly two decades and well known for strong business ethics, integrity, and reliability, announced plans to begin its search to acquire complementary businesses.

“We’re committed to accelerating our growth in the Enterprise and SMB space and an acquisition by PowerNet Global could offer owners an exit strategy and drive greater profitability in a combined entity”

In January, PowerNet Global communicated plans to restructure its organization to accelerate growth in the business space. One of the cornerstones of executing this strategy will be the acquisition of companies that complement PNG’s core business.

“We’re committed to accelerating our growth in the Enterprise and SMB space and an acquisition by PowerNet Global could offer owners an exit strategy and drive greater profitability in a combined entity,” said Stuart Chowning, business development strategist at PowerNet Global.

For inquiries regarding acquisitions, please contact Stuart Chowning via email at schowning@pngmail.com or via phone at 1.800.860.9495.

About PowerNet Global

Founded in 1992, integrated communications provider PowerNet Global (www.powernetglobal.com) works with many of the country’s top communications agents and affinity groups to offer a wide range of integrated voice, data, and SIP solutions to residential and commercial customers nationwide. Leveraging its reputation in the industry with strong carrier partnerships, PowerNet Global offers tremendous opportunities for carriers, resellers, agents, and affinity groups. Headquartered in Cincinnati, the company has achieved consistent growth by developing and marketing an expanding array of competitive products and maintaining a clear focus on delivering unrivaled service to its agents and its customers.