MORE ACCR NEWS AFTER THE BELL!
Fully reporting! I like that!
Company Press Release
Access Power Announces Reporting
Company Status With SEC
PONTE VEDRA BEACH, Fla.--(BUSINESS WIRE)--April
19, 1999--Access Power Inc. (OTC BB:ACCR - news), a pioneer service provider of Internet
Telephony Monday announced it has become subject to the reporting requirements of the
Securities Exchange Act of 1934 due to the recent effectiveness of a resale registration filed with
the SEC.
The company will begin filing regular quarterly and annual reports with the Securities and
Exchange Commission, beginning with a Form 10-KSB for its fiscal year ended Dec. 31, 1998
which was filed April 15, 1999.
Glenn Smith, chairman, president and CEO of Access Power stated: ''Access Power intends to
continue to implement its business plan as a pioneer provider of Internet Telephony services. At
the same time, we recognize the need to better inform our shareholders and the investment
community as to the status and growth of our business. We expect our public reporting will make
that information more easily available to the marketplace, will instill confidence on the part of our
shareholders, and will help investors make informed decisions regarding the company.''
Access Power provides a variety of Internet-based cutting-edge communication services. The
company recently announced a ground-breaking new service called net.caller(tm) which allows a
user of a multimedia PC with an Internet connection to place calls to any regular phone in the
continental United States for a flat-rate of $10 per month for unlimited usage.
''net.caller is the perfect IP telephony application for today's consumer,'' said Smith. ''It's a true
enhanced service that cannot be delivered by today's telcos using switched-based technology.
We're glad to be the first to introduce this flat-rate pricing to the PC-to-phone market. Access
Power is a development stage company, but expects net.caller to begin driving revenues upward
along with recently signed international wholesale termination contracts. The net.caller service is
being made available to VocalTec Communications' (Nasdaq:VOCLF - news) huge embedded
user base, and is being concurrently promoted via affiliate marketing programs and Internet
banner advertising.''
Consumers can sign up for Access Power's net.caller service by visiting the company's web site
at accesspower.com or by calling 800/388-2980 between 9 a.m. and 5 p.m. eastern
time, Monday through Friday.
About Access Power
Access Power Inc. is a pioneer service provider of Internet Telephony. The company offers
low-rate Internet based phone-to-phone service, software that allows free PC-to-PC calling,
and low-priced flat-rate PC-to-phone calling over the Internet from anywhere in the world to
anywhere in the continental U.S.
About VocalTec Communications
VocalTec Communications is a manufacturer of systems that enable audio, video, data, text and
collaborative communications over IP networks such as phone data networks, corporate
intranets and the Internet. VocalTec is a leader in developing innovative, open standards
products that bridge the Internet and the traditional public switched telephone network (PSTN)
and drive the convergence of computing and telephone technologies. For the latest company
information, visit VocalTec on the World Wide Web at vocaltec.com.
NOTE: VocalTec, Internet Phone, Internet Phone Lite, Internet Phone Call Waiting, VocalTec
Ensemble Architecture, VocalTec Telephony Gateway, Surf&Call, VocalTec Gatekeeper,
VocalTec Network Manager, VocalTec Conference Server, VocalTec Communications Client,
PassaFax and PassaPort are trademarks or registered trademarks of VocalTec Communications
Ltd. Other trademarks are the property of their respective holders.
Statements contained in this press release which are not historical facts are ''forward-looking
statements'' within the meaning given to that term in the Private Securities Litigation Reform Act
of 1995. The company intends that such forward-looking statements be subject to the safe
harbors created thereby. Since these statements involve risks and uncertainties and are subject to
change at any time, the company's actual results could differ materially from expected results. |
