Global Internet Voice over IP Clearing and Settlement Services
WASHINGTON, Sept. 29 /PRNewswire/ -- eGlobe, Inc. (Nasdaq:
EGLO) announced
the first commercial launch of the Open Internet Communications
Clearinghouse.
eGlobe, in cooperation with TransNexus, a leading supplier of IP
clearinghouse
solutions, has established an Open Internet Communications
Clearinghouse that
instantly enables Internet and circuit based telephone companies to
cost-
effectively terminate calls anywhere in the world and settle payments
among
other eGlobe clearinghouse members.
Employing the 2600/3600/5300 family of Cisco Systems, Inc. voice
routers,
the Clearinghouse will provide seamless access from the IP to the
circuit-switched world. The Open Settlement Protocol (OSP) will also
be
supported in the near future in 3Com Corporation and Lucent
Technologies
products.
The benefits of the eGlobe's Open Internet Communications
Clearinghouse
are rapid time to market, cost-effective access to a global market and
flexibility. eGlobe offers standards-based, carrier-grade
clearinghouse
services for Voice Over IP traffic that comply with the internationally
accepted OSP standard. The OSP standard enables a clearinghouse
to provide
secure, real time call routing, authorization between carriers and
collection
of intercarrier usage information. After joining the eGlobe Open VOIP
settlement group, members can immediately terminate calls world
wide using
their own Internet access and other clearinghouse members
aggressive VOIP rate
structure. Members can originate and/or terminate long distance
traffic at
their option and control the rates they offer to other members.
"This announcement provides the beginning of open access and
guaranteed
payment for wholesale traffic among IP carriers offering value added
services
such as voice and fax. In our vision, IP telephony will be more universal
than
circuit switched telephony. The eGlobe clearinghouse, which provides
open,
secure clearing and settlement of VoIP traffic among network
operators is the
critical enabler to fulfill this vision. Today, eGlobe can clear and settle
IP
telephony traffic among clearinghouse members. In the future, other
value-added communications services will be offered," said
Christopher Vizas,
eGlobe's Chairman and Chief Executive Officer.
"We are delighted that eGlobe has chosen TransNexus's ClearIP(SM)
clearing
and settlement solution. By deploying the TransNexus ClearIP(SM)
Clearinghouse
Solution, eGlobe can provide inter-domain authentication,
authorization and
settlement for Internet Telephony traffic," said Jim Dalton, Chief
Executive
Officer of TransNexus.
For more information about eGlobe's Open Internet Communications
Clearinghouse services, contact Harold Solomon at
Harold_Solomon@eglobe.net.
About eGlobe, Inc.
eGlobe is a leading supplier of global telecommunications and
information
services, including Voice over IP, Telephone Portal and Unified
Messaging
Services, other international Internet and inter-networking services,
and
calling card services, along with related validation, billing and payment
systems. eGlobe operates in partnership with telephone companies
and ISPs
around the world. Through its World Direct network, eGlobe originates
traffic
in 90 territories and countries and terminates anywhere in the world.
eGlobe
provides its services principally to large national telecommunications
companies, to ISPs and Portals, and to financial institutions.
About TransNexus
TransNexus provides ClearIP(SM) Voice and Fax over IP (VoIP/FoIP)
clearing
and settlement solution to IP carriers offering wholesale, managed IP
services. With the TransNexus ClearIP(SM) clearinghouse solution, IP
carriers
can leverage their existing IP network into a wholesale telephony
network. The
benefits for IP carriers are increased bandwidth demand derived from
wholesale
telephony services, premium charges from telephony traffic and a
more
differentiated service that will enable Internet Service Providers and
data
CLECs to generate revenue by offering voice or fax services. The
TransNexus
ClearIP(SM) solution provides real-time intercarrier call authorization,
rating and settlement. Web site: www.transnexus.com.
Certain statements in this news release are "forward looking
statements"
within the meaning of the Private Securities Litigation Reform Act of
1995 and
involve known and unknown risks, uncertainties and other factors that
may
cause the Company's actual results, performance or achievements to
be
materially different from the results, performance or achievements
expressed
or implied by the forward looking statement. Factors that impact such
forward
looking statements include, among others, the ability of the Company
to
attract additional business, the ability of the Company to successfully
integrate acquisitions and mergers, complete software development
and offer
new products, changes in expectations regarding restructurings,
including tax
liabilities and reductions in cost, possible changes in collections of
accounts receivable, risks of competition, price and margin trends,
changes in
worldwide general economic conditions, changes in interest rates,
currency
rates and worldwide competition.
SOURCE eGlobe, Inc.
-0- 09/29/1999
/CONTACT: Allen Mandel, Senior VP, Corporate Affairs of eGlobe,
Inc.,
800-688-0092; or John Heilshorn, 212-838-3777, or john@lhai.com,
or
Kris Otridge, 415-433-3777, or kris@lhai-sf.com, both of
Lippert/Heilshorn &
Associates, for eGlobe, Inc.; or Lisa Barnaby of TransNexus, 404-872
4887, or
lbarnaby@transnexus.com/
/Web site: transnexus.com
/Web site: eglobe.com
(EGLO)
CO: eGlobe, Inc.; TransNexus
ST: District of Columbia
IN: CPR MLM TLS
SU: PDT JVN |
