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Crown Tele Services Inc. is a provider of affordable, world class communications solutions and is a wholly owned subsidiary of Crown Equity Holdings Inc.

Crown Equity Holdings Inc. announced that its subsidiary Crown Tele Services Inc. has entered into a letter of intent with AVIX Technologies, Inc., which sets forth terms by which AVIX Technologies, Inc. will acquire an exclusive licensing agreement for Canada and a non-exclusive global licensing agreement in the hospitality, foodservice and tourism industries for telecommunications including VoIP (Voice over Internet Protocol) telecom research systems for residential and commercial services, calling card and cellular phone applications.

The Letter of Intent

Commenting on the Letter of Intent, Kenneth Bosket, President and CEO of Crown Tele Services, Inc., stated: “This Agreement will enable AVIX Technologies, Inc. to deliver VoIP communications solutions exactly designed to meet the business and residential market needs at rates that will compete with any company in this market that we are aware of.”

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Crown Equity Holdings Inc., at the same time with its digital network, currently provides electronic media services specializing in online publishing, which brings at the same time targeted audiences and advertisers. Crown Equity Holdings Inc. offers internet media-driven advertising services, which covers and connects a range of marketing specialties, as then as search engine optimization for customers interested in online media awareness.