THIS IS GOOD NEWS...IPVoice.com, Inc., Signs Agreement With Level 3 Communications
June 15, 1999 08:00 AM
LITTLETON, Colo.--(BUSINESS WIRE)--June 15, 1999--
Ipvoice.com Takes Giant Step Towards Fulfillment of Goal to Provide Flat25(tm) Service to Major Cities in the U.s.
IPVoice.com(TM) IPVC is pleased to announce they have entered into an agreement with Level 3 Communications LVLT to provide IPVoice.com the facilities to co-locate their TrueConnect(TM) Gateways in sites furnished by Level 3 Communications. This agreement enables IPVoice.com to begin deployment of TrueConnect(TM) Gateways in 17 cities, including Atlanta, Denver, Los Angeles, New York and San Francisco.
IPVoice.com's Flat25 Plan gives customers unlimited long distance minutes for $25 per month. Customers will be able to make phone calls over the Internet using a regular telephone but without having to own a computer. Flat25 brings IPVoice.com into direct competition with such long distance customers as AT&T ATT , MCI WorldCom WCOM and Sprint FON .
Level 3 Communications is the first company to build an international network, consisting of both local and long distance networks, using Internet Protocol (IP) technology end-to-end. This new IP technology makes it possible to move information at a much lower cost while still maintaining a high standard of quality. The IP technology provided by Level 3 is a perfect fit with IPVoice.com, according to Anthony Welch, Executive Vice President, "We plan to be the best, so we need to contract with the best. The contract between IPVoice and Level 3 will allow us to provide the high quality that our customers will demand."
"The number of sites that Level 3 Communications brings into the deal means that IPVoice.com will be able to move into the final phase of establishing the Flat25 Plan," said Barbara Will, President and COO of IPVoice.com. "By taking the time to ensure that the product we put on the market is the best one possible, the Flat25 Plan will be a greater success than we could ever hope for, rewarding the IPVoice investors who have been patient throughout the company's growth."
IPVoice.com is the developer and producer of unique proprietary state of the art software and hardware solution for use in IP Telephony. IPVoice.com's premier product is an Internet Gateway named "TrueConnect(TM)", a fully Y2K compliant gateway that allows users to conduct real time full duplex, high quality two-way voice communication over the Internet. To support TrueConnect, IPVoice.com has developed proprietary support products in the areas of order entry, billing, customer service, agent management and a switching network management system. Their system is poised to compete and surpass other Gateway manufacturers such as VocalTec VOCLF and other Voice over the Internet services such as the one offered by NetSpeak NSPK .
This material was prepared by Joyce Research Group ("JRG"), for the company discussed herein, based upon information supplied by the client or other sources believed to be reliable. The company's actual results could differ materially from those described in the forward-looking statement discussed in this press release. This material is for information purposes and should not be construed as an offer or solicitation of an offer to buy or sell the securities. JRG, its affiliates, and/or its officers, directors and employees may from time to time have a position in these securities. JRG has received compensation for preparation of this press release.
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