IPVoice.com, Inc., IPVC, ExtendsInternational Network, Signs Agreement with Firstnet Telephony Limitedto Install IP Gateways in the UK
June 16, 1999 09:00 AM
LITTLETON, Colo.--(BUSINESS WIRE)--June 16, 1999--IPVoice.com(tm) BB announce today they have signed an agreement with Firstnet Telephony Limited, a London-based telecommunications firm. London follows Hong Kong as one of the more than 30 international TrueConnect(tm) Gateways to be installed around the world within the next few months.
These installations are planned to enhance and support the installation of gateways in the United States as a part of IPVoice.com's Flat 25 Plan, creating a global network offering long distance telephone services over the Internet, at substantial cost savings when compared to traditional services.
Firstnet Telephony Limited becomes a TruePartner Master Distributor by contractually agreeing to deploy and operate TrueConnect(tm) Gateways in London and Manchester, England.
Robert Osborn, Managing Director of Firstnet, states, "We are very pleased to be appointed as IPVoice.com's TruePartner Master Distributor for the London and Manchester area. London is one of the world's leading international telecommunications markets, while Manchester offers considerable opportunities for IP Telephony."
Firstnet Telephony Limited has signed agreements with the world's leading Internet Service Providers (ISPs) and switched network providers. Firstnet plans to launch their service in September of this year. Firstnet also reported it is in negotiations with leading institutions and corporations to establish IPVoice.com TrueConnect(tm) Gateways.
"We forecast the growth of Firstnet to be in excess of $30 million within three years," says Osborn. "We are confident of our ability to deploy additional IP Gateways in short order. "
"Firstnet's connections in the UK and other international markets promise to make this partnership a resounding success," says Barbara Will, President and COO of IPVoice.com. "The company has shown an ability to succeed in the past, and we are very excited about the potential for growth and earnings this association offers both companies."
Firstnet's Director of Sales Colin Inker believes IPVoice.com's state of the art real-time billing platform will provide a distinct competitive advantage over the traditional switched network providers.
"We are extremely excited and feel privileged to be chosen as IPVoice.com's TruePartner Master Distributor ahead of a growing list of other interested parties. Together with Firstnet, IPVoice.com can offer customers a unique product that will not only save the customers money but can manage their billing in ways that competitors cannot offer. IPVoice.com truly has the state of the art IP Telephony system."
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 .
Note: This press release contains certain "forward-looking" statements as such term is defined in the Private Securities Litigation Reform Act of 1995 and information relating to the Company and its subsidiaries that are based on the beliefs of the Company's management as well as assumptions made by and information currently available to the Company's management.
Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations, competitive factors, general economic conditions, customer relations, relationships with vendors, the interest rate environment, governmental regulation and supervision, seasonality, distribution networks, product introductions and acceptance, technological change, changes in industry practices, and one-time events.
Should any one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results may vary materially from those described herein.
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