Contact Information: Contact: Jack Eversull The Eversull Group 972-378-7917 972-378-7981 (fax) E-mail: Web Site: www.atsi.net
ATSI Communications Named One of 50 Fastest-Growing Technology Companies in Texas
| Source: ATSI Communications
SAN ANTONIO, TX--(Marketwire - September 3, 2008) - ATSI Communications, Inc. (OTCBB : ATSX ) has
been selected by Deloitte & Touche LLP, along with their corporate partners
America's 401(k), CresaPartners, Gardere Wynne Sewell LLP, NASDAQ, TriNet
and Porsche as one of the 2008 50 fastest-growing technology companies in
the state of Texas.
The ranked list of winners will be announced at the Texas Technology Fast
50 Executive Retreat at the Renaissance Worthington Hotel in Ft. Worth, TX
on October 30, 2008. Automatic consideration is also given for the
Technology Fast 500, which honors the 500 fastest-growing North American
technology, media, telecommunications and life sciences companies.
Art Smith, CEO and President of ATSI Communications, stated, "We are very
pleased to be recognized by Deloitte & Touche LLP, along with their
corporate partners for this honor. It is a tribute to our management team
and employees who have consistently met or exceeded the Company's goals and
objectives. The ATSI team successfully grew revenues from $1.2 million in
FY2004 to $42 million in FY2008 while achieving profitability in the
Company's 2 most recent fiscal years."
ATSI Communications, Inc. operates through its wholly owned subsidiary,
Digerati Networks, Inc. Digerati Networks is a premier global VoIP carrier
serving rapidly expanding markets in Asia, Europe, the Middle East, and
Latin America, with an emphasis on Mexico. Through Digerati's partnerships
with established foreign carriers and network operators, interconnection
and service agreements, and a NextPoint powered VoIP network, ATSI believes
it has clear advantages over its competition. ATSI also owns a minority
interest of a subsidiary in Mexico, ATSI Comunicaciones, S.A. de C.V.,
which operates under a 30-year government issued telecommunications
license.
The information in this news release includes certain forward-looking
statements that are based upon management's expectations and assumptions
about certain risks and uncertainties that can affect future events.
Although management believes these assumptions and expectations to be
reasonable on the date of this news release, these risks and uncertainties
may cause actual events to differ material from managements those contained
in this news release. The risks and uncertainties include, but are not
limited to, continuing as a going concern, availability and cost of our
present vendors and suppliers, and absence of any change in government
regulations or other costs associated with data transmission over the
Internet or termination of transmissions in foreign countries.