Cordia Corporation, a global communications service provider, announced that it acquired a controlling interest in Canal West Solucoes em Informatica Ltda. ("Canal West"). Canal West, based in Florianopolis, Brazil, owns and operates a VoIP network in Brazil and markets National and International Voice over Internet Protocol ("VoIP") Protocol) service in the Latin American region.

"This acquisition gives Cordia a foundation for growth in Brazil and several key markets in South America" said Joel Dupre, Cordia's Chairman and CEO. "Brazil is the largest and fastest growing market for communications services in South America, representing more than 50% of the continent's telecommunications market with more than 85 million cell phone subscribers and over 7 million broadband subscribers residing in Brazil."

"We are excited about this transaction because we believe we can expand Cordia's global market by drawing on Canal West's networking capabilities, operations experience and regional marketing and sales efforts," continued Mr. Dupre. "Canal West, in turn, will have access to Cordia's extensive operating platform, technical infrastructure, proprietary VoIP network, and service offerings."

"By accessing Cordia's network and expertise in telecommunications, Canal West will leverage its technical capabilities, local market expertise and knowledge in providing advanced IP and VoIP services to broadband users in South America", said Christian Thomas, Canal West's General Manager. "Brazil is one of the leading destinations for international communications traffic with more than a third of international calls utilizing VoIP. We believe this partnership with Cordia will position Canal West to take advantage of the emerging opportunities VoIP presents in Brazil."