Voyant Technologies Spins-Off From Frontier Communications; New Company Unveils Vision and Strategy for Intelligent Voice Applications; Online Streaming Press Conference for Official Launch
(When did FRO shareholders receive Voyant shares???)
WESTMINSTER, Colo., Sept. 7 /PRNewswire/ -- Voyant Technologies, Inc., a new company that provides the leading platform for intelligent voice applications, today announced its spin-off from Frontier Communications, the integrated communications unit of Frontier Corporation (NYSE: FRO - news). Formerly Confertech Systems, Voyant Technologies began operations on Aug. 5, 1999.
Voyant helps telephony service providers integrate the Internet into their voice product portfolio and helps Internet companies take advantage of intelligent voice applications. The Voyant platform leverages both data and video to support all intelligent voice applications, including on-demand conferencing, data collaboration and advanced multimedia applications, such as e-Learning and Web marketing. Later this year, Voyant will unveil further details of its Internet applications strategy.
``Voyant has emerged with a next-generation communications platform,' said Bill Ernstrom, Voyant Technologies CEO. ``We are one of the few companies that understands the Internet and telecommunications, enabling us to deliver on the promise of convergence. Our intelligent voice platform allows our telecom customers to leverage the flexibility of the Internet, and Internet customers to capitalize on the reliability of voice.
``Voyant's new independence from Frontier puts the company in a strong position to extend its market share by attracting other telecommunications providers. At the same time, Voyant is now in a position to leverage its experience in telephony to advance its Internet strategy.
Voyant has a history of voice innovation. The company developed the first digital conferencing bridge and is a leader in intelligent voice applications. Building on expertise in the Advanced Intelligent Networking (AIN) and SS7 routing, Voyant is helping telecom and Internet companies develop and deliver voice services to their customers over the Web.
``Voyant's proven record of innovative, reliable and scalable technology, coupled with their unique approach to the Internet, has positioned them as the leader in the industry,' said Don Poulter, Frontier-ConferTech president. ``Our customers demand service quality and Voyant's technology contributes greatly to this requirement.'
Voyant was also the first to develop and launch a fully automated reservationless conferencing system. This system, called ConferenceNow!, delivers control to the end-user and enables instant, multi-point conferencing and collaboration without an operator. ConferenceNow! is built on an open application program interface and is customizable for portals and other Internet companies looking to provide intelligent voice services.
Voyant currently has more than 200 customers around the world, including Internet portals, telecom service providers and large enterprises. Voyant provides its robust platform to customers in more than 22 countries, including Australia, Canada, Japan, Korea, the Netherlands, Spain and Switzerland. In its first days as a new company, Voyant signed two new customers, Bell Atlantic and Conference America. Some of Voyant's largest customers include Frontier, SBC and VStream.
VStream, an innovator in Web-enabled communications, chose Voyant for its reliability and scalability. ``VStream needed a reliable audio platform to augment our Internet communications services,' said Paul Berberian, president and CEO of VStream. ``Voyant helps us deliver the latest in true convergence.'
Voyant will discuss its vision and strategy today in a live Internet briefing at 10 a.m. MDT/12 p.m. EDT. To participate please visit www.vstream.com, select ``Conference Now' and then ``Participant.' The conference ID is 4442956. There will be a 25-minute presentation followed by a 20-minute question-and-answer session with Voyant executives.
About Voyant Technologies
Voyant Technologies, Inc. provides the leading platform for intelligent voice applications. Formerly a division of Frontier Communications, Voyant became an independent company in August 1999. Voyant's business model delivers true value to companies looking to deliver intelligent voice services. The company helps telephony service providers integrate the Internet into their voice applications and helps Internet companies deliver intelligent voice to their customers. For more information about Voyant, visit www.voyanttech.com or call 888-447-1087.
About Frontier Communications
Frontier Communications, a unit of Frontier Corporation, is a leading Internet Protocol (IP) applications and communications services provider. Frontier recently agreed to merge with Global Crossing Ltd. The combined company will own and operate the first seamless global IP network with more than 77,000 ultra-high bandwidth fiber miles connecting 159 major cities in 19 countries. For more information, visit www.frontiercorp.com or www.frontiercarrier.com.
About VStream
Founded in April 1997, VStream is a leading Internet communications provider. The company offers a suite of services, including live and on- demand Webcasting, audio/visual conferencing and voice-to-e-mail services. The company's newest offering, Beep, is a free voice-to-e-mail service that allows anyone to publish voice on the Web and send it to any e-mail address in the world by simply using their telephone. VStream leverages streaming technologies developed by Microsoft Windows Media Technologies and RealNetworks RealPlayer. For more information, call 800-VSTREAM or visit www.vstream.com.
All company names, brand and product names appearing in this news release are registered trademarks or trademarks of the respective holders.
SOURCE: Voyant Technologies, Inc. |
