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biz.yahoo.com
Thursday March 30, 9:13 am Eastern Time
Company Press Release
SOURCE: Tianrong Internet Products and Services, Inc.
TIPS Announces Grand Opening of Phonecalls.com, Online
Telecommunications Carrier
NEW YORK, March 30 /PRNewswire/ -- Tianrong Internet Products and Services, Inc. (OTC Bulletin Board: TIPS - news) announced today the official grand
opening of Phonecalls.com (http://www.phonecalls.com). Phonecalls.com uses its Internet Telephony Global Network as a backbone to offer customers a full
range of personalized, web based, communications services. These services include pre-paid phone cards, global access calling cards (Roaming card),
PC-to-phone, unified messaging and more -- all accessible from the Company's Communications Portal.
Phonecalls.com's website is a communications portal and operates a managed network, instead of relying on the public Internet, Phonecalls.com is able to maintain
the quality of service by operating over a network of privately leased and owned lines. The technical staff is committed to using the most advanced technology in the
industry. The Company's technology partners are world leaders in their fields, and they still rely on Phonecalls.com technicians to test and revise their products.
These partners include Wherever.net, Quintum.com, Savecom.net, Linkmax.com, 3jet.com and CCTT.com.
Phonecalls.com will offer to consumers the opportunity to purchase on-line, prepaid phonecards with instant PIN #s. This will allow customers to use the prepaid
phonecards at the time of purchase. The Company will offer low priced and quality service throughout the world by using both Internet and telecommunication
technology. The goal of Phonecalls.com is to become one of the largest Internet Telephony Service Providers (ITSP) in the Chinese and Asian markets.
In the year 1999, global Internet Telephony services revenues were approximately $100 million, whereas the total global telecom access market was $100 billion.
Internet Telephony revenues are expected to grow over 150% a year until 2003 according to the most conservative industry estimates.
James Tilton, President of TIPS stated, ``I urge all of our shareholders to visit Phonecalls.com, so they can see for themselves what we have accomplished. In
addition, visitors to the site will have the opportunity to purchase some of the lowest priced phone services available today.'
Tianrong Internet Products and Services, Inc. is a U.S. holding company whose strategy is the acquisition of Domestic and International Internet Service Providers
and related companies.
For further information contact investor relations at 800-324-3464 or visit tipsstock.com .
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking
statements involve risks and uncertainties, including, without limitation, the ability of Tianrong Internet Products and Services to accomplish its stated plan of
business. Tianrong Internet Products and Services, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable,
any of the assumptions could be inaccurate, and therefore, there can no assurance that the forward-looking statements included in this press release will prove to be
accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded
as a representation by Tianrong Internet Products and Services or any other person that the objectives and plans of Tianrong Internet Products and Services will be
achieved.
SOURCE: Tianrong Internet Products and Services, Inc. |
