Talk Visual Unveils World's First Videocalling Website Signup; Offers Private and Commercial Videocall Bridging Services
MIAMI--(BUSINESS WIRE)--July 12, 2000--(OTC-BB: TVCP). TALK VISUAL CORPORATION announced today the launch of the world's first website for companies, individuals and institutions which are, or wish to be, video-calling enabled. PHASE ONE of the website opens this morning at 11:00 AM at the unique web address www.videocallme.com.
The new website membership site permits institutions, individuals and corporations to obtain exceptionally low-cost ISDN rates for videocall bridging services worldwide. The website sign-up will shortly allow members to SEARCH A COMPREHENSIVE DATABASE in order to a) locate origination and termination points for calls; and b) find like-minded individuals, with similar interests and inclinations, to "see and hear" each other, using low-cost domestic and international ISDN or IP connectivity.
The bridging technology, provided by RADvision of Israel, allows the Company to connect - or "bridge" - the many thousands of legacy ISDN-based equipment worldwide with "newer" IP-based desktop computers configured for videocalling. It also bridges ISDN-to-ISDN videocalls. The unique service is operator mediated, and is available around the clock and around the world. The operator service will be launched on or before the first of August, 2000 and will be available via inbound toll-free "800"-based service domestically within the U.S., and by 128K dual-channel ISDN country code + area code access outside the U.S. Talk Visual operators will assist all inbound video-callers with arrangements for domestic and international videocalls by finding terminating locations and providing quotations for launching low-cost worldwide videocalls.
From Company headquarters in Miami, Florida, President and CEO Eugene Rosov said today "our new website, designed for desktop/computer video IP-users and commercial/public/private ISDN locations, allows us to bridge - worldwide - any ISDN videoconference unit to any IP or ISDN video-enabled desktop system in the world - or vice-versa. We anticipate the sign-up of thousands of users who will enjoy vastly reduced ISDN rates by using our bridging service to quickly, easily and with excellent quality SEE AND HEAR one another around the world. This website represents our PHASE ONE effort in this field. We anticipate a continuing and rapid development of the website as the market responds to our offerings."
The Company charges 99 cents per minute for bridging an inbound videocall (either ISDN or IP) to any ISDN or (static) IP location in the United States. A per-call setup fee of $3.00 (for domestic U.S. and Canada videocalls) to $5.00 (international calls) is assessed. Talk Visual operators will arrange and set up calls between the endpoints for all customers.
The website sign-up service is TOTALLY FREE, and is available to public videocall rooms, private and public corporations, and individuals worldwide.
Michael J. Zwebner, Talk Visual's Chairman, said today "Talk Visual Corporation is moving quickly to create a host of new videocall opportunities worldwide. We wish to link millions of desktop video units, with static or dynamic IP addresses, with the thousands of existing ISDN-based systems deployed worldwide. It is a huge market. We will continue to demonstrate implementation leadership in the commercialization of customer service and emerging technologies. Our next step in PHASE TWO will be to offer the providers of equipment the ability to present their competitively priced products to our clients - both private individuals and corporate buyers - on our website, or linked to their websites."
ABOUT TALK VISUAL CORP
Talk Visual Corporation (OTC-BB: TVCP) is a pioneer in the video teleconferencing industry. It is developing global retail facilities to accommodate the growing video-communications needs of two key market segments: businesses and expatriate ethnic populations. Talk Visual can be reached toll-free at 1-877-22VIDEO within the United States, or at 305 572-0575 from abroad.
A list of Talk Visual's videocalling shops is at www.talkvisual.com. The site allows visitors to order the 4th edition of the company's impressive full-color newspaper. Talk Visual sells pagers at www.beeperforabuck.com. Information on the new Talk Visual TV225 Video-Telephone can be seen on www.thevideotelephone.com. In addition, visitors are directed to visit the company's home page at www.talkvisual.com and click on the FAQ section, and or to read the Chairman's Corner latest weekly message.
Statements in this press release which are not historical including statements regarding Talk Visual's or management's intentions, hopes, beliefs, expectations, representations, projections, plans or predictions of the future are forward-looking statements within the meaning of the Private Securities Litigation Reform of 1995, Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. Such statements include statements regarding the anticipated signup of users related to the bridging or website membership services described, and market response and development of the website. It is important to note that the Company's actual results could differ materially from those in any such forward-looking statements. Factors that could cause actual results to differ materially include the Company's ability to achieve the signup and successful management of website "members" and the membership database, the general functionality of the Company's website, the success of bridging services provided to website members, the Company's ability to negotiate with carriers and to provide its clients with profitable and low-cost ISDN and IP services for the target groups, the continuing development of the website and the Company's ability to successfully implement the site's development, and the risk factors listed from time to time in the Company's SEC reports, including but not limited to, the annual report on form 10-KSB for the year ended December 31, 1999, and the quarterly report on Form 10-QSB for the quarter ended March 31, 2000. This release does not constitute an offer to sell securities.
CONTACT: Talk Visual Corporation
Janeth Iglesias-Vega
Investor Relations
305 572-0575
Info@TalkVisual.com |
