Today's Deals: MoneyZone.com Buys NC Investment Bank

 PhoneFree.com acquires Callrewards

   *  Amount:         Undisclosed

   *  Premium:        n/a

   *  Industry:        Advertising/Marketing

   *  Scorecard:      C+

NEW YORK, Sept. 12--PhoneFree.com, a provider of free global multimedia Web communications, announced that the Company has acquired Callrewards.com, an online rewards and loyalty program in the Internet Telephony category and a portfolio company of eVentures Group . The acquisition of Callrewards will allow PhoneFree.com to further develop their business plan to take advantage of the convergence between telecommunications, the Internet and loyalty-based direct marketing industries. Financial terms were not disclosed.