Cordia Reports Q1

WINTER GARDEN, Fla. -- Cordia Corporation (OTCBB: CORG), a global communications service provider of traditional CLEC and Voice over Internet Protocol (“VOIP”) technologies, announced the financial results for its first quarter ended March 31, 2008.

The Company reported revenues of approximately $12,016,000 for the quarter ended March 31, 2008, representing an increase of approximately $1,779,000 for the same period in 2007. Approximately $655,000 in reported revenues was related to our international and domestic VoIP service offerings, representing an increase of approximately $488,000 from the same period last year.

The Company reported a net loss of approximately $838,000 or ($0.13) per basic and fully diluted share for the period ended March 31, 2008, compared to a net loss of approximately $641,000 or ($0.11) per fully diluted share for the same period ended 2007.

“While the overall financial results of the first quarter didn’t meet our expectations we are pleased with the continued growth in our VoIP revenues, which nearly doubled from the previous quarter,” said Joel Dupré, Chief Executive Officer of Cordia Corporation. “We have had three successive quarters of increased revenues and expect this trend to continue throughout 2008. Our first quarter numbers were bolstered by our telemarketing success in Brazil and the expansion of our agent distribution in Asia. We plan on continuing with our expansion efforts in Brazil by increasing our internal telemarketing and expanding our agent network in response to the strong acceptance of our product offerings throughout the country. If current trends continue, we expect that our Brazil subsidiary will be profitable by the fourth quarter of 2008.”

Cordia Corp.