inZon Corporation has announced that the Company and its subsidiary inZon Wireless, Inc. have signed a letter of intent to acquire a licensed Competitive Local Exchange Carrier (CLEC) provider of telephone, high speed Internet and franchised cable television services based in Florida.

The company has successfully built a stable client base of multiple dwelling units (MDUs) including apartments, hotels and businesses. This acquisition will add more than 10,000 additional customers to inZon's current customer base. The transaction, which is subject to the signing of definitive agreements and customary closing conditions, is expected to close before the end of April 2008. Specifics about the acquisition will be announced upon signing of the purchase agreement.