Elephant Talk Communications Corp. was launched fourteen
years ago as a result of a merger between Staruni Corporation and Elephant Talk
Limited. Staruni Corporation (also known as Altius Corporation, Inc.), through
1997, was positioned as a web developer and Internet Service Provider after the
company acquired Starnet Universe Internet Inc. Elephant Talk Limited started
operating in 1994 in the international long distance services provider space
focused on international call termination into China. Twelve years later, in
2006, Elephant Talk Communications Corp. decided to retire its strategy of
focusing on international calls into China altogether.
Staruni Corporation began trading under the stock symbol
SRUN in 2000. Replaced by symbol “ETLK” after the merger with Elephant Talk
Limited, the symbol changed to “ETAK” when the stock split in 2008.
In the first in a series of acquisitions beginning in 2007,
the company acquired Switzerland’s Benoit Telecom and in so doing solidified
its position in the European telecommunications market, in particular, the
Premium Rate Services and Toll Free Services space and to lesser extent in the
Carrier (Pre) Select Services market. Leveraging its human capital, IT
resources and acquired software, ETAK obtained the experience, expertise and
software vital to highly efficient and robust telecom and multi-media systems,
telecom regulations and European markets.
In the spring of 2010, ETAK acquired ValidSoft, an
acquisition in line with its strategy to develop and market customized mobile
solutions. ValidSoft’s strong suit is in the area of authentication and
transaction verification capabilities which allow companies to efficiently
implement solutions that protect against current forms of credit and debit card
fraud and identity theft. The acquisition combines ValidSoft’s proprietary
software with ETAK’s telecom platform to create the best electronic fraud
prevention solution available.
Today, Elephant Talk delivers global telecommunication
companies a comprehensive suite of services which allows them to offer mobile
and landline telecom services as part of their overall business offering
portfolio. Integration of their own applications with the telecommunication
services provided by Elephant Talk’s Mobile Virtual Network Enabling (MVNE)
platform is achieved using market standard Web Services.
In addition to basic voice, data and text services, the
company offers an assortment of adaptable products such as premium messaging
services, promotions and loyalty programs, subscriptions, location and other
value-added services. These services include but are not limited to remote
health care, mobile internet ID security, credit card fraud prevention, voice
biometrics, mobile banking and remittances/payments in addition to many other emerging
customized mobile services. Elephant Talk’s uniquely differentiated application
suite of network embedded services and supporting patents are based upon what
the company sees as the four main ingredients required for maintaining service
value; individualized location, the relevant customer profile, real-time secure
connectivity, and Elephant Talk’s platform which is an integral piece to making
all of these services work in concert with one another.
Access security and authentication is supported by the
company’s security software company, ValidSoft, which was acquired by Elephant
Talk in 2010. ValidSoft’s game-changing telecom-based technology is cited as
being the only integrated product set that provides card-based and an
electronic fraud prevention solution. Regardless, ETAK sees its customer base
needing real-time proximity-based card fraud detection, Out-of-Band
Man-in-the-Browser protection for internet or mobile based transactions and
Voice Verification for Telephone Banking. ValidSoft’s feature set offers what
many see as a leading telecommunications-based authentication solution.
Elephant Talk Communications Corp. is a worldwide service
provider of mobile, proprietary Software Defined Network Architecture – a
platform for the telecommunications industry and cyber security solutions. The
company is credited with boosting Mobile Network Operators (MNOs), Mobile
Virtual Network Operators (MVNOs), Enablers (MVNEs) and Aggregators (MVNAs)
with a variety of versatile applications, state of the art industry expertise
and high quality customer service without the need for an initial,
cost-prohibitive investment. Elephant Talk partners with many of the world’s
leading MNOs and technology companies such as T-Mobile, Vodafone, Affirmed
Networks, HP and Zain.
For more information on the company, visit
http://www.elephanttalk.com
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MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html
