Cognigen Network Partialy Sold to Acceris COmmunications

Acceris Management and Acquisition LLC d/b/a Acceris Communications, a nationwide provider of telecommunication services, announced today that it has recently entered into an agreement with Cognigen Networks, Inc. to purchase certain telecommunications customer accounts and assets including the brand names Cognidial, Congnicall and Cogniworld. The transaction is subject to regulatory approval with an anticipated closing before the end of the year.

Jessica Newman, Chief Executive Officer of Acceris Communications, commented, “This acquisition enhances our customer base and furthers our strategy to grow the number of customers in our target markets while enhancing our revenue stream. There is very little overlap between our current customer base and Cognigen’s proprietary customers. Further, Cognigen’s back-office functions will integrate seamlessly with Acceris’ existing infrastructure. Current operations and customer service functions related to the purchased Cognigen customer accounts will be moved to our San Diego operations center.”

Acceris Communications Agrees to Purchase Certain Assets of Cognigen Networks, Inc.

Comments

[Jerry]

Sounds like a smart acquisition and with the right marketing could be an insurance policy for success. The potential leads and customer base should serve them well.

Jerry
www.leads4insurance.com

[Billy]

As an independent Cognigen agent http://ld.net/signup-op/ I was made aware on Wed. Nov 7, 2007 that big Cognigen changes are to come. What changes?

Several months ago, BayHill Capital made an investment in Cognigen and began working with its management team to bring additional funds into the company and help strengthen Cognigen’s financial position.

On October 17th BayHill Capital became the largest shareholder of Cognigen through its investments in the company. On October 26th the board of directors elected Mr Bob Bench as a board member and also appointed Mr Bench as the Chief Executive Officer and President.

Congratulations Mr Bench.

Mr Bob Bench "I see great value and opportunity in the affiliate marketing business and appreciate the tremendous effort that has been made over the years by all of you".

Mr Bench "I very much appreciate their confidence and the support they have already shown. I hope over the next weeks and months to gain your confidence and support as we build an exciting platform to help you deliver products and services to millions of customers".

BayHill Capital now has a strong interest in helping Cognigen find the best structure and situation to keep the affiliate marketing business running and moving forward. See it for your self at http://signup-op.cognigen.org/

As an independent http://ld.net/signup-op/ Cognigen agent I appreciate the Cognigen free business plan http://signup-op.cognigen.org/ and have every confidence in the efforts that will be made for the independent Cognigen agent. I look forward to speaking with Mr Bench during the many upcoming agent conference calls.