NEW YORK, NY - June 6, 2025 (NEWMEDIAWIRE) - Raadr Inc. (OTC: $RDAR), doing business as Telvantis (“Telvantis” or the “Company”), today announced the signing of a strategic MOU with Fortytwo, a global leader in enterprise-centric messaging technology.
The MOU commits both parties to strategic collaboration and accelerated merger discussions.
Fortytwo is a Malta based group with a long operating history and strong brand name in the messaging technology space. Fortytwo has a fast growing, high-margin enterprise offering and achieved unaudited revenues approximately $27 million in 2024 and expects to exceed $1.3m in operating profits this year. Fortytwo is owned by Heritage Ventures (which is owned by Orlando Taddeo, Telvantis’ President and Director), a controlling shareholder of Mexedia SPA, Telvantis’ controlling shareholder.
Strategic Collaboration
The strategic collaboration entails:
Offering of Fortytwo’s cutting-edge messaging solutions to Telvantis’ customers. This offering will complement Telvantis’ voice offering through mobile messaging product and service ranges.
“Mobile Messaging solutions are the natural add-on for our strong voice business,” said Daniel Contreras, CEO of Telvantis. “This is a logical extension in our offering and Fortytwo is a dream partner to serve our top-tier international customer base.”
“We have already identified initial partners for these new offerings. It’s an exciting commercial opportunity and we also expect short term business wins from this collaboration,” said Maickel Abdou, CEO of Telvantis’ subsidiary, Telvantis Voice Services Inc. “This MOU is an important step to stay close and relevant in the market. Technology keeps evolving and with Fortytwo we will stay at the forefront to serve our partners.”
“We are a tech messaging and mobile engagement company and a recognized veteran in the industry. Partnering with a voice powerhouse like Telvantis will definitely open new doors for us,” said Glen Warren, GM at Fortytwo. “The team is very excited about joining forces.”
Joint market entry into the US enterprise segment. The market entry will focus on bringing Fortytwo’s advanced mobile messaging solutions directly to medium sized enterprises in the US, replicating Fortytwo’s existing business model.
“We are very excited to announce the launch of our enterprise offering with this MOU. Fortytwo is the ideal technology partner with the right mix of sophisticated services, boutique customer care and hands-on solutions delivery,” said Maickel Abdou.
“Our enterprise business is fast growing and at structurally higher margins that Telvantis’ voice business. Leveraging Telvantis’ US market presence and substantial commercial relations will allow us to create significant additional value,” said Glen Warren, GM at Fortytwo. “It is a very exciting time in our dynamic industry and the opportunity to work closer with Telvantis will benefit all stakeholders through combining our technology expertise with Telvantis’ local commercial footprint.”
The MOU further commits both parties to Accelerated Merger Discussions.
“We believe that Fortytwo and its very advanced technologies, products and services would be a tremendous addition to our US based group. There is a significant commercial opportunity ahead of us if we join forces. It is only logical to consider combining both entities,” commented Daniel Contreras.
“Fortytwo is a great company and its addition to the Telvantis group would strengthen our equity story for a regulated market substantially. We are working diligently to evaluate this option on an accelerated track. The market will be updated over the coming weeks how this potential acquisition will be structured and how it fits into our uplisting strategy,” said Daniel Gilcher, CFO of Telvantis. ”We believe bringing Fortytwo’s differentiated offering into the US poses a significant growth opportunity which we would like to fully participate in.”
“A possible merger with Telvantis is a unique opportunity for Fortytwo. This would pave our way for more growth and value generation in the world’s largest market, the US,” comments Glen Warren, GM at Fortytwo.
About Telvantis
Raadr, Inc., doing business as Telvantis (OTC: $RDAR), is a U.S.-based communications technology company powering global enterprise communication. Leveraging extensive carrier relationships and proprietary CPaaS capabilities, Telvantis delivers high-volume, reliable messaging, voice, and digital communication solutions. With a strong foothold and expanding partnerships in high-growth sectors like fintech, healthcare, and e-commerce, Telvantis is executing its strategy to become a leader in the communications technology space. The company is headquartered in Miami Beach, FL.
About Fortytwo
Fortytwo, is a Malta-based Mobile Engagement and Messaging Technology Company, empowering both global enterprise communication and telco business. With extensive and highly trusted proprietary systems, developed over many years of experience, the company enables mobile engagement and brand communication for clients covering the globe. Fortytwo is headquartered in Malta with offices in Sweden and UK.
Forward-looking statements
This press release contains forward-looking statements that involve risks and uncertainties. These statements reflect Telvantis’ current expectations regarding future events and are based on management’s beliefs and assumptions. Actual results could differ materially from those projected due to various factors, including market conditions, competition, and the successful integration of acquired operations. Investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Telvantis undertakes no obligation to update or revise any forward-looking statements, except as required by law.
Investor Relations contact
Telvantis Inc.
1680 Michigan Avenue, Suite 700
Miami Beach, FL 33139
Email: ir@telvantis.com
Website: www.telvantis.com
Twitter/X: @Telvantis
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