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IVI Communications Signs Letter of Intent

Perpetual is an Internet Service Provider operating primarily in the Eastern Washington Northern Idaho area. Under the proposed terms of the agreement, IVI will purchase Perpetual`s subscriber base of approximately 5,000 customers that generate an estimated annual revenue stream of $900,000. ",I have had a chance to spend a few days meeting with the management of Perpetual Engineering and I am highly impressed with their operations. The letter of intent with Perpetual represents the first of many such agreements IVI Communications intends to craft with ISP operators across the country,", stated Nyhl Henson, CEO of IVI Communications, Inc. ",Perpetual Engineering not only has the management to help continue the growth of their brand in this region of the country, but they have the expertise to assist IVI Communications in the launch of their Fixed Wireless Broadband network,", said Craig Barnard, Senior Mergers and Acquisitions Advisor for IVI Communications, Inc. IVI Communications, Inc. recently announced that they have signed a $2 Million Financing agreement with a London based investment company.