VOPT
KIRKLAND, Wash.--(BUSINESS WIRE)--July 6, 2000--VoIP Telecom, Inc.
(OTCBB: VOPT) is pleased to announce today that it is planning an
Asian-Pacific marketing campaign and is in negotiations with Yahoo!
Asia to build brand awareness and revenues by attracting corporate and
retail customers to utilize its new Singapore based VoIP Network.
VoIP based networks are lower cost alternatives to traditional
long distance calling solutions. According to Gartner Group's
Dataquest - the global 'Voice-over-Packet Services' market will grow
to $87 Billion by 2004, and retail VoIP services are expected to boom
from $443 million in 1999 to $19 billion in 2004.
VoIP Telecom, Inc. recently deployed a robust VoIP Network based
in Singapore and Los Angeles which utilizes Clarent servers and can
handle up to 6 million long distance minutes monthly. VoIP Telecom,
Inc. is focused on pursuing retail customers and wholesale carrier
customers. The company is a "carriers carrier" and can pursue
contracts with major companies looking to capture market share in Asia
such as AT & T, Sprint, WorldCom, and US West.
Sandy Anderson, CEO stated, "Yahoo! Asia offers one of the most
comprehensive Asian Internet guides, providing an ideal environment
for targeted advertising in the Asia Pacific region."
According to Paul Noglows, analyst at Hambrecht & Quist "Yahoo! is
not only attracting the best advertising, they're attracting the best
content, and it all feeds off itself."
Since its launch in June 1997, Yahoo! Asia has grown to be one of
Asia's most visited sites. More and more Asians are using Yahoo! Asia
to find information, both locally and globally, as well as to get
their daily news stories, sports information and weather forecasts.
Yahoo! is a global network of branded media properties targeting the
most attractive audience on the Internet through shared interests,
demographic and geographic characteristics. Yahoo! is the no.1 Internet
brand, with the widest reach, the largest online audience, the most
traffic, and more advertisers than any other web service. Advertising
on Yahoo! Asia is one of the easiest ways to promote on the Web.
Yahoo! is a pioneer of web advertising and has the knowledge and
flexibility to make an advertiser's ad placement reflect a brand's
constantly changing needs.
Yahoo! Asia recognizes the power of the Internet to build brand
awareness and as a direct marketing tool. Companies that have
advertised on Yahoo! Asia include Intel, Toyota, Hewlett Packard,
Philips, Ericsson, IBM, Citibank and Motorola.
About VoIP Telecom Inc.
VoIP Telecom Inc. is a next generation digital telecommunications
company focused on the deployment of worldwide digital, voice as well
as data communications via fiber optic, Internet circuit (VoIP),
satellite and public switched telephone networks. The company's
strategic vision is to become a leader in converging conductivity
solutions by building a major consortium of the highest quality VoIP
entities in order to obtain a significant market share of
international long distance traffic in North America, Europe, Asia,
Russia and the Middle East.
This news release may contain certain forward-looking statements
with respect to operations and business, the results of which could
differ materially from those discussed. Risks and uncertainties are
detailed in reports that are filed with the Securities and Exchange
Commission by the Company.
--30--ah/ch*
CONTACT: VOIP Telecom Inc.
A. (Sandy) Anderson, 877/778-7171
Email: info@itsvoip.com
Website: www.itsvoip.com or www.ibchannel.com
KEYWORD: WASHINGTON INTERNATIONAL ASIA PACIFIC
INDUSTRY KEYWORD: TELECOMMUNICATIONS INTERNET
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