Vistula Communications Services, Inc. Announces $16.5 Million Private Placement

Vistula Communications Services, Inc. Announces $16.5 Million Private Placement
Vistula Communications Services, Inc. , a global supplier of flexible and reliable Voice over Internet Protocol services to major telecommunications carriers and Internet Service Providers, today announced it has entered into definitive stock and warrant purchase agreements with a select group of accredited institutional investors intended to raise gross proceeds of $16.5 million in a private

Google Reaches into Enterprise Territory
News Analysis: New product announcements, including VOIP tech and a collaborative search tool, suggest that Google may challenge Microsoft for the enterprise desktop.

Credit Unions Invest in VoIP with AltiGen Communications
AltiGen Communications, Inc. a pioneering manufacturer of VoIP business phone systems and call center solutions announced today that three new customers have deployed its solution across credit union locations in Pennsylvania, Oklahoma and Louisiana.