FOR IMMEDIATE RELEASE
May 22, 2008
Plymouth Meeting, PA, May 22, 2008 – CoreDial, LLC, the regions premier provider of Hosted PBX and VoIP services for small to mid-sized businesses in the Mid-Atlantic and other US regions, today announced the company has accepted funding from Ben Franklin Technology Partners of Southeastern Pennsylvania (BFTP). Funds will be used for internal projects related to the company's technologies and infrastructure improvements, and to create new high-technology jobs in Pennsylvania.
"We welcome and appreciate the funding from our friends at Ben Franklin Technology Partners of Southeastern Pennsylvania" said Alan Rihm, CEO of CoreDial. "BFTP provides the company with access to capital and other resources designed to facilitate our growth and success. The funds will be used for projects related to technological innovation and advancement, as well as regional job creation. As a serial entrepreneur in the region, I am pleased that CoreDial was able to become a BFTP portfolio company.”
“CoreDial has a strong management team in place to grow their enterprise,” says RoseAnn B. Rosenthal, President and CEO of Ben Franklin Technology Partners of Southeastern Pennsylvania (BFTP/SEP). “BFTP/SEP is proud to invest in early stage companies like CoreDial that will expand and create more high-paying jobs for the Commonwealth."
About Ben Franklin Technology Partners of Southeastern Pennsylvania
Celebrating our 25th anniversary, BFTP/SEP is the region’s catalyst for Stimulating Entrepreneurial Potential. Ben Franklin invests in innovative enterprises and creates commercialization pathways that generate wealth through science and technology. Part of a statewide network in Pennsylvania, BFTP/SEP provides entrepreneurs and established businesses with the Capital, Knowledge and Networks to compete in the global marketplace. BFTP/SEP has provided more than $130 million to grow more than 1,600 regional enterprises. BFTP/SEP is a founding partner of The Nanotechnology Institute™ (NTI), Mid-Atlantic Nanotechnology Alliance (MANA®), Emerald Stage2 Venture Fund and the Minority Angel Investor Network. BFTP/SEP is part of the Commonwealth of Pennsylvania’s Ben Franklin Technology Partnership.
About CoreDial, LLC
CoreDial, LLC, is the premier provider of Hosted PBX and VoIP services for small to mid-sized businesses in the Mid-Atlantic and other areas of the United States. CoreDials' managed hosted communications services makes buying or upgrading a business phone system extremely cost effective, easy to manage, and even reduces monthly telecommunications expenses. Our platform offers better scalability and business continuity options compared to many customer premise based phone systems. We provide the lowest total cost of ownership by eliminating the need for customers to buy expensive hardware and software that usually resides in a phone closet. Expensive service contracts are also a thing of the past. CoreDial seamlessly interconnects multiple offices and mobile workers with our national footprint, and we have the perfect calling plan to meet virtually any business requirement.
To learn more about the CoreDial products and services, please visit www.coredial.com.
May 22, 2008
CoreDial Accepts Funding From Ben
Franklin Technology Partners Of Southeastern Pennsylvania
Funds Used For Technology Projects and Pennsylvania Job Creation
Funds Used For Technology Projects and Pennsylvania Job Creation
Plymouth Meeting, PA, May 22, 2008 – CoreDial, LLC, the regions premier provider of Hosted PBX and VoIP services for small to mid-sized businesses in the Mid-Atlantic and other US regions, today announced the company has accepted funding from Ben Franklin Technology Partners of Southeastern Pennsylvania (BFTP). Funds will be used for internal projects related to the company's technologies and infrastructure improvements, and to create new high-technology jobs in Pennsylvania.
"We welcome and appreciate the funding from our friends at Ben Franklin Technology Partners of Southeastern Pennsylvania" said Alan Rihm, CEO of CoreDial. "BFTP provides the company with access to capital and other resources designed to facilitate our growth and success. The funds will be used for projects related to technological innovation and advancement, as well as regional job creation. As a serial entrepreneur in the region, I am pleased that CoreDial was able to become a BFTP portfolio company.”
“CoreDial has a strong management team in place to grow their enterprise,” says RoseAnn B. Rosenthal, President and CEO of Ben Franklin Technology Partners of Southeastern Pennsylvania (BFTP/SEP). “BFTP/SEP is proud to invest in early stage companies like CoreDial that will expand and create more high-paying jobs for the Commonwealth."
About Ben Franklin Technology Partners of Southeastern Pennsylvania
Celebrating our 25th anniversary, BFTP/SEP is the region’s catalyst for Stimulating Entrepreneurial Potential. Ben Franklin invests in innovative enterprises and creates commercialization pathways that generate wealth through science and technology. Part of a statewide network in Pennsylvania, BFTP/SEP provides entrepreneurs and established businesses with the Capital, Knowledge and Networks to compete in the global marketplace. BFTP/SEP has provided more than $130 million to grow more than 1,600 regional enterprises. BFTP/SEP is a founding partner of The Nanotechnology Institute™ (NTI), Mid-Atlantic Nanotechnology Alliance (MANA®), Emerald Stage2 Venture Fund and the Minority Angel Investor Network. BFTP/SEP is part of the Commonwealth of Pennsylvania’s Ben Franklin Technology Partnership.
About CoreDial, LLC
CoreDial, LLC, is the premier provider of Hosted PBX and VoIP services for small to mid-sized businesses in the Mid-Atlantic and other areas of the United States. CoreDials' managed hosted communications services makes buying or upgrading a business phone system extremely cost effective, easy to manage, and even reduces monthly telecommunications expenses. Our platform offers better scalability and business continuity options compared to many customer premise based phone systems. We provide the lowest total cost of ownership by eliminating the need for customers to buy expensive hardware and software that usually resides in a phone closet. Expensive service contracts are also a thing of the past. CoreDial seamlessly interconnects multiple offices and mobile workers with our national footprint, and we have the perfect calling plan to meet virtually any business requirement.
To learn more about the CoreDial products and services, please visit www.coredial.com.
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