WorldGate Communications Inc. and ACN Inc. Reach Purchase Agreement, ACN unit buys stake in WorldGate, Article Posted on

DALLAS, Texas - announces the publication of “WorldGate Communications Inc. and ACN Inc. Reach Purchase Agreement, ACN unit buys stake in WorldGate.”

Investors can view all of the investment articles for free by visiting: - Click on News and Commentary

In the article the author writes:

"WorldGate (OTCBB: WGAT) sees to create the most innovative and pervasive personal video telephony worldwide, achieving leadership in market share and technological advancement. … Supporting WorldGate's undertaking is its high quality video phone, branded as Ojo, ergonomically designed specifically for in-home and business, personal video communication. The Ojo video phone was designed for use on the existing high speed data (HSD) network infrastructure. Certain models of the Ojo phone also connect to the analog phone line for interoperability with the voice only communications offered by the existing public switched telephone network (PSTN) and Voice over Internet Protocol (VoIP) networks.”

WorldGate and ACN Inc. announce that ACN will purchase in excess of $50 million in video phones:

“WorldGate and ACN Inc., the world’s largest direct selling telecommunications company, recently announced they have reached an agreement that calls for ACN to purchase in excess of $50 million in video phones over a two-year period. … Both companies' agreement will provide ACN with a long-term supply of high quality video phones to expand its product line, and it gives WorldGate a significant revenue stream to fund development of its technology and expand distribution to currently untapped telecommunications customers.”

To read the entire article visit – Click on News and Commentary

Join the fastest growing investor community at:’s Market News is one of the fastest growing small cap blogs in the investment community. Beacon is the authority on research in the small cap sector, and our analysts strive each day to find the stocks that are poised to be the biggest movers before the rest of the market is aware of them.

We encourage investors to subscribe to our FREE newsletter filled with daily trading ideas by visiting: is one of the industry’s largest small cap research providers. Beacon strives to provide a balanced view of many promising small cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the publicly available information available on them. For more information on Beacon Research, please visit:


Beacon Equity Research

Jeff Bishop, (469)-252-3505

Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here