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IA Global (IAO) Comments on Increase in Revenue Guidance Through Global Hotline

August 21, 2007 8:37 AM EDT
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IA Global, Inc. (Amex: IAO) announced revenue guidance of $7.5 to $9.0 million for Global Hotline for the three months ended September 30, 2007 quarter, or an increase of 67% to 100% over the three months ended September 30, 2006.

The company's CEO, Derek Schneideman, said, "With the new contract signed in August 2007, the expanded contract with a Tier 1 telecommunications company effective as of July 1, 2007 and the favorable foreign exchange rate, we are confident that Global Hotline will achieve significant revenue growth and profitability for the three months ended December 31, 2007."

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