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B: UAlert.com Announces Investment Opinion
TEMPE, Ariz., Jun 17, 1999 (BUSINESS WIRE via COMTEX) --
Article: Access Power, $10 Flat Rate Voice Over Internet Service
Access Power Advanced Communications (OTC BB:ACCR), recently announced
that it is offering a $10 flat rate Voice over Internet long distance
service in the U.S.
Access Power competes directly with traditional long distance carriers
such as AT&T (NYSE:T), MCI WorldCom (NYSE:WCOM) Sprint (NYSE:FON).
Access Power has achieved key milestones in the last few months such as:
-- Establishing a National IP telephony network in the US and Canada
-- Signing a letter of intent to receive $6 million to $10
million of new investment
-- Offering a $10 Flat Rate long distance service on its network
-- Offering customers to try their network for free until July
4 to prove its service
-- Signing Co-Marketing Agreements to market its services to over
1 million potential customers as follows:
-- SimplyTV's 930,000 customer base
-- Customer base of a National ISP
-- Infomedia's 44,000 subscribers
-- Riparius Ventures Inc.'s 50,000 base
-- CTDepot.com's website visitors
Based on the above milestones, Access Power has the ability to
aggressively compete with companies such as IDT (NASDAQ: IDTC),
Netspeak (NASDAQ: NSPK), VocalTec Communications (NASDAQ: VOCLF).
These competitors are valued at between $100 million and $600 million,
while Access Power is valued at only $15 million - why the wide Gap? In
most cases, it is due to lack of research coverage on the company and
its accomplishments. As the public is made aware of a company's
accomplishments, the valuation moves closer to the industry average.
Access Power's customer growth rate may be quite significant based on
their Co-Marketing Affiliate agreements. History shows that when the
public becomes aware of a more affordable service, customers tend to
rush to purchase theservice.
An excellent example of this is America Online (NYSE: AOL). Years ago
while the ISP industry was billing per hour for access, AOL introduced
the flat rate Internet access service. In only a few years AOL's
customer base grew to over 18 million users, and a company valuation of
over $100 Billion.
About this report: The above information on Access Power Advanced
Communications, Onestop.com and AOL as contained in this article is
based on public information provided by company press releases and
website postings. UAlert.com does not assert the truth or veracity of
those statements.
About UAlert.com: UAlert.com is a free Internet publication service,
performing independent reviews of Internet and Technology companies
without compensation from the companies discussed. UAlert.com has NOT
been given cash, stock, or options from any company listed above.
UAlert.com's officers, employees, and consultants do not own more than
four percent equity of any company's listed or described herein
(through share purchases on the open market, private placement or
direct public offerings). Please read the disclaimer at
ualert.com for additional information.
Copyright (C) 1999 Business Wire. All rights reserved.
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CONTACT: UAlert.com, Tempe
Pam Mila, 888/866-4912
Info@Ualert.com
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