is pleased to announce that it has reduced the company's overall debt by nearly 30%. This reduction will be reflected in the company's fiscal year end financials of September 30, 2011.
Voip-Pal will resume operations after having limited its sales until the new retail website, www.pointsphone.com
, has been upgraded and redesigned. An updated and newly improved corporate website for investors is also forthcoming with a scheduled launch later this week.
Voip-Pal products and services include international VoIP telephone services for as low as 1 to 2 cents per minute. Users can download Apps on their smartphones including iPhones or Androids. Voip-Pal's state-of-the-art antivirus program, PointsPhoneGuard™, is bundled for free when users purchase the Platinum Suite™ for $29.95. Users will be able to register on www.pointsphone.com upon its relaunch.
"The reduction of our debt before our fiscal year end is extremely important for our future plans. Moving forward, we are focused on our revenue producing operations and anticipate further debt reduction before our fiscal year end, September 30th," states Dennis Chang, President of Voip-Pal. "While we're preparing the launch of our redesigned website to enhance our revenue potential, we want to thank all of our loyal shareholders for their patience and perseverance during this rebuilding period."