2012 Press Releases

Pervasip's wholly owned subsidiary, VoX Communications, a cloud-based Voice over Internet Protocol (VoIP) and video communications solutions, apps and services provider, announced that it has added international calling and a free 60 minute trial to its mobile VoIP app for use on all Android mobile phones and Android tablets. VoX Mobile calls can be made on 3G, 4G or Wi-Fi throughout the world. It is also planning to add video calling and an app for the iPhone.

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Pervasip Corp. (the "Company"), a cloud-based voice and video communications solutions, apps and services provider, today reported earnings for its first quarter ended February 29, 2012. Net income for the quarter ended February 29, 2012 was $3,206,757, or $0.03 per basic share and $0.02 per diluted share, compared to a net loss of ($788,488), or ($0.08) per share, in the first quarter of 2011.

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Pervasip Corp. announced today that JDM Group, LLC has made the second payment of $100,000 to the Company's secured lenders, which resulted in a debt reduction to the Company of $929,939. Under the terms of the agreement with JDM, the Company has received total debt reductions of approximately $5,600,000 in 2012.

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Pervasip Corp., a provider of video and voice over Internet Protocol (VoIP) telephone services and cloud based computing, is pleased to announce the release of an audio interview with Karl Marek of TheStockRadio.com.

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Pervasip Corp. subsidiary Vox Communications announced today that it has entered into a letter of intent with Trust Pay and Emoni to market its mobile VoIP application in Africa.

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Pervasip Corp., a leading provider of video and voice over Internet Protocol (VoIP) telephone services and cloud based computing is pleased to announce the Company is in the final stages of launching an Android-based international calling app that will allow users to make unlimited calls to 60 countries from their mobile phones and tablets for a monthly fee of $29.95.

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Pervasip Corp., a provider of mobile VoIP and video telephone services that utilize cloud-based technology, announced today that JDM Group, LLC ("JDM") has made an initial payment of $600,000 to the Company's secured lenders, which resulted in a debt reduction to the Company of $4,779,634.

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Pervasip Corp. partner G3 Connect, LLC announced today that it plans to open an office in Hong Kong to liaise with multiple manufacturers for design and building of Android handsets and tablets delivering Pervasip's voice and video solutions under both the G3 and VoX brands.

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Pervasip Corp. partner G3 Connect, LLC announced today that it has signed an agreement with Access Sales Group ("ASG") to represent its videophone and Pervasip's mobile VoIP applications in the consumer electronics retail marketplace.

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Pervasip Corp., a provider of mobile VoIP and video, using cloud based technology, announced today that its Chief Information Officer, Mark Richards, will be a featured guest on Stock Traders Talk Radio in an exclusive live interview tonight at 8pm EST.

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Pervasip Corp. announced today that the VoX mobile VoIP application for Android devices has reached 35,000 downloads.

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Pervasip Corp., a provider of Voice over Internet Protocol telephone services, announced today that the Company's secured lenders have agreed to sell $13,949,086 of the Company's debt to JDM Group, LLC.

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