News from twils over at RB
NEWS NEWS
Dial-Thru Connects With Germany's Gigabell AG
For Voice Over Internet Protocol Services
IRVING, Texas, March 14 /PRNewswire/ -- Dial-Thru International
Corporation (OTC Bulletin Board: DTIX) today announced that it has entered
into a contract with Gigabell AG (Frankfurt: GGB) of Frankfurt, Germany to
provide Voice over Internet Protocol (VoIP) telecommunications services
between the United States and Europe.
Gigabell is a multi-service provider offering Internet access, IP
telephony, content and e-commerce platform services to business and
residential customers. Gigabell is one of the top five Internet service
providers in Germany. The company also has offices in New York, Spain,
Austria, and the UK. Its securities are traded on the Neuer Markt of the
Frankfurt Stock Exchange.
Roger Bryant, Chairman and CEO, said, "We're very pleased to have Gigabell
as a partner. They have the infrastructure in place that will allow us
together to expand VoIP services throughout much of Europe. We expect these
operations to commence before the end of March."
John Jenkins, President and COO, said, "Being able to take our 'Bookend
Strategy' into Europe with Gigabell as a partner is very significant. Adding
this to the activity we already have underway in our targeted regions in Asia,
Africa, and South America is very meaningful to us."
Daniel David, CEO of Gigabell, said, "We believe that with DTIX as our
U.S. partner, we will be able to rapidly expand our services on both
continents to include a wide range of telephony products, as well as Internet
and e-commerce services. We look forward to a long and mutually profitable
relationship."
Dial-Thru International Corporation, is a facilities-based provider of
telecommunications products and services to individuals and businesses. The
Company provides a variety of international telecommunications services
including international wholesale carrier services, international dial-thru,
re-origination, Internet fax services, e-Commerce services and prepaid phone
cards. The Company is developing a private IP Telephony network and utilizes
Voice over Internet Protocol (VoIP) packetized voice technology and other
compression techniques to improve both cost and efficiencies of
telecommunications transmissions. The Company also utilizes state-of-the-art
digital fiber optic cable, oceanic cable transmission facilities,
international satellites, and the Internet to transport its communications.
This release contains forward-looking statements within the meaning of the
Securities Exchange Act of 1934, which represents the Company's expectations
or beliefs concerning, among other things, future operating results and
various components thereof and the adequacy of future operations to provide
sufficient liquidity. The Company cautions that such matters necessarily
involve significant risks and uncertainties that could cause actual operating
results and liquidity needs to differ materially from such statements,
including, without limitation: (i) increased competition in the prepaid
telecommunications business and relatively low barriers to entry, (ii) the
price-sensitive nature of consumer demand and relative lack of customer
loyalty, (iii) the Company's dependence upon favorable pricing from its
carriers and suppliers and (iv) other risks indicated herein and in filings
with the Commission, including the Form 10-K for the fiscal year ended
October 31, 1999, which was filed on January 31, 2000 with the SEC.
SOURCE Dial-Thru International Corporation
-0- 03/14/2000
/CONTACT: Roger Bryant, Chairman and CEO of Dial-Thru International
Corporation, 972-929-1920; or Bevo Beaven, Account Supervisor of Carl Thompson
Associates, 303-665-4200/
(DTIX) |
