Dennis Curtis, President and CEO, stated: "This acquisition will not only help to increase revenues but will result in substantial earnings. This gives UTZ Technologies, Inc. its first forming facility both in Florida and in Brazil. This acquisition will give our company competitive flexibility to service our customers directly and positions UTZE to be able to service with close proximity all future transplant customers in South America including our key market in Brazil. This includes advantage of much lower costs; flexibility in the industry, dealing with very competitive rates, and is able to use this facility as a base for future growth in the US. I want to welcome our new employees at PhoneBrasil Inc. into the UTZE family, and look forward to working with them as part of a growing, exciting and healthy company that can provide significant opportunity."

Anderson Dias, CEO of PhoneBrasil Inc. commented, “I’m 100% committed to applying the resources required to increase market share, assimilate technologies and infrastructure, and streamline operations while ensuring that the company's product offerings and technical support capabilities deliver the best customer experience available to Latin America.

Company representative added, "Currently the VOIP industry has been under pressure domestically because of the Vonage/Verizon situation of patents pending. Therefore we have decided to go international positioning ourselves in the Brazilian market which happens to be unexploited at this time. PhoneBrasil Inc. Telephonica VOIP Digital looks to be a key player with their current and upcoming contracts, clients, and new partnerships. We anticipate continued growth in revenues and profits over time with this new hot market we have entered. Mr. Anderson Dias, CEO of PhoneBrasil Inc. brings tremendous credibility to the table from past experience and performance.”