Statement From Juma Technology
February 02 2011 - 4:13PM
Marketwired
Juma Technology Corp. (OTCBB: JUMT), a leading IP Convergence firm
specializing in managed services, today announced that it has
signed a letter of intent to sell certain of its assets, related to
its telecommunications and systems integration business, to
Carousel Industries of North America, Inc., subject to certain
approvals.
Juma Technology Corp., the publicly traded entity, shall
continue to operate through its wholly owned subsidiary, Nectar
Services Corp., a network monitoring and management software firm
specializing in managed services for voice and data networks.
Nectar Services shall continue its growth and expansion, worldwide,
in conjunction and cooperation with its various valued Channel
Partners in the voice and data industry.
Anthony Servidio, Juma Technology Corp.'s CEO, stated: "We are
very pleased to have entered into this letter of intent and look
forward to closing upon the sale of the Juma Systems Integration
Business to Carousel Industries. This will serve a dual purpose. It
allows us to transition our loyal and valued customers in the
Systems Integration Business to a trusted leader in the industry so
that we may focus and devote our full attention to the expansion
and growth of our Nectar Services products and software,
worldwide."
About Juma Technology (www.jumacorp.com)
Juma Technology Corp. provides advanced IP Convergence solutions
that integrate voice, data and video applications. Juma's IP
Convergence solutions enable companies to increase productivity,
enhance mobility and create significant cost savings, particularly
for multi-location businesses. Juma has been recognized as an
industry leader in providing integrated business communications and
services, helping customers leverage network convergence to achieve
their business goals. Nectar Services Corp., an IP communications
and management services provider, is a wholly owned subsidiary of
Juma and represents the company's software services division. The
Nectar suite of services delivers real business solutions to help
companies mitigate risk, centralize systems management and
dramatically reduce telecom expenses. Follow Juma on Twitter:
www.twitter.com/jumatech. Follow Nectar on Twitter:
www.twitter.com/nectarcorp.
Contact: Fran Vinci 631-270-1050 Email Contact
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