LAS VEGAS, NV--(Marketwire -02/19/12)- Crown Equity Holdings Inc. (OTC.BB: CRWE.OB - News) www.crownequityholdings.com today announced that its subsidiary Crown Tele Services Inc. has entered into a letter of intent with MVOX AG.
MVOX AG, located in Germany, will work with Crown Tele Services Inc. www.crownteleservices.com as a technological partner in offering wireless broadband solutions (wireless carrier class infrastructure in high speed data and WiMAX).
Commenting on the Letter of Intent, "The keystone of our business has always been our commitment to meeting our customers' network needs and we will continue to grow with this principle," said Kenneth Bosket, Crown Tele Services Inc., President and CEO.
About Crown Tele Services Inc.
Crown Tele Services Inc. is a provider of affordable, world class (VoIP) communications solutions and is a subsidiary of Crown Equity Holdings Inc. For more information visit www.crownteleservices.com.
About Crown Equity Holdings Inc.
Crown Equity Holdings Inc. offers advertising branding and marketing services as a worldwide online multi-media publisher with its digital network of websites and focuses on the distribution of information for the purpose of bringing together a targeted audience and the advertisers that want to reach them. Its advertising services cover and connect a range of marketing specialties, as well as provide search engine optimization for clients interested in online media awareness. For more information visit www.crownequityholdings.com.
About MVOX AG
MVOX AG offers wireless broadband internet access services with over 15 years of experience as a system integrator, as well as being the most successful WiMAX operator in Germany. The company is based in Garching a.d. Alz, Germany.
Safe Harbor Provision
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. These statements are not guarantees of future performance and involve significant risks and uncertainties. Actual results may vary materially from those in the forward-looking statements as a result of the effectiveness of management's strategies and decisions, general economic and business conditions, new or modified statutory or regulatory requirements and changing price and market conditions. No assurance can be given that these are all the factors that could cause actual results to vary materially from the forward-looking statements.