EGLO - showing 2 strong buys from Zacks, FWIW:
eGlobe Launches Open Internet Communications Clearinghouse
Global Internet Voice over IP Clearing and Settlement Services
September 29, 1999 07:30 AM
WASHINGTON, Sept. 29 /PRNewswire/ -- eGlobe, Inc. 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.
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