South America Telecom NewsAppTech’s (Stock Symbol: APCX) Oronoco TelecomSecures a Credit Line of $200,000.00 WithXceed Call Center of Honduras
The Woodlands, Texas -- February 10, 2011-- PRNewswireAppTech Corp (Stock Symbol:
) is pleased to announcethat its wholly owned subsidiary, Oronoco Telecom, LLC has obtained a credit line of $200,000 from Honduran based Xceed Call Center.Xceed is a licensed and authorized reseller of Hondutel, Honduras' largest telecommunicationcarrier. Oronoco will make use of the line of credit to purchase communication services fromHondutel and offer the products/services to its customer base in the USA and Europe.Honduras is a top vendor for interconnected telephone traffic to Central and South America.Daniel Miroli, President of Oronoco commented:
"We are delighted with this opportunity as it will enable Oronoco to havemore flexibility with contractual payment terms with its customers."
Eric Ottens, CEO of AppTech, added:
"This is one more step in the new direction that we are taking Oronoco for the purpose of establishing a solid revenue base."
About Apptech Corp