BellSouth, Talk Visual Expand Agreements to Alternate Network Arrangements and Key Business Discounts
MIAMI--(BUSINESS WIRE)--July 31, 2000--(OTC-BB: TVCP). TALK VISUAL CORPORATION announced today further developments in its ongoing relationship with BellSouth for the resale of ISDN services. According to Company President and Chief Executive Officer Eugene Rosov, "Talk Visual is expanding its relationship with BellSouth and with the RBOCs generally. We believe that all of the incumbent local exchange carriers (ILECs) are excellent potential ISDN providers for our customers, and we intend to carve the same type of local ISDN provisioning arrangements with all the RBOCs as we have with BellSouth. These new agreements allow us greater security in retaining our customers, and also grant us expanded discounts to help boost our margins."
The agreements signed today parallel in scope and two-year time-frame the earlier contract with the BellSouth business division. That contract allows Talk Visual to provide its customers in the BellSouth region with 128Kbps ISDN services with free installation, and a monthly fee no higher than sixty-nine dollars ($69.00). Included in the monthly fee are 9,600 minutes of free local ISDN calls for videocalling and/or for high-speed Internet access. The free local ISDN minutes are for two-channel service: 64K by 64K, or 128K ISDN.
As in the earlier accord, all BellSouth states in the region - Florida, Georgia, Alabama, Mississippi, Louisiana, North Carolina, South Carolina, Tennessee and Kentucky - are covered by the new agreements.
From Company headquarters in Miami, President and CEO Eugene Rosov said "we are moving ahead to offer BellSouth services for ISDN throughout the nine-state region. BellSouth is a great provider and a great company, and we're delighted to be working closely with them. Our Sprint ISDN reselling agreement allows us to provide interexchange carriage; our BellSouth agreements allow for local delivery of ISDN. They are a great complement to one another."
Michael Zwebner, Talk Visual's Chairman, said today from London, England "the expansion of our relationship with BellSouth's business division is a continuing part of our step-by-step progress towards the provisioning of low-cost local, long-distance and international ISDN. Our vision of becoming a major provider of ISDN services worldwide is starting to become a reality. In the not-too-distant future, you'll be able to make a videocall from any of thousands of domestic locations in the U.S. to public and corporate video equipment anywhere in the world - directly through our RADVision (NASDAQ: RVSN) bridging services. Even more exciting, today, from your IP Internet-based desktop videocam or from your desktop ISDN TV-225 videophone appliance, you can make near-full-motion videocalls at costs comparable to regular phone calls. You can videocall to any of thousands of locations worldwide."
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. The Company's new FREE videocalling sign-up website service is available to public videocall rooms, private and public corporations, and individuals worldwide. The service can be accessed at www.videocallme.com.
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 those regarding our belief that local exchange carriers are potential ISDN providers for our customers, our plans for an aggressive sales and marketing campaign and our plans to become a major provider of ISDN service, the anticipated signup of users relating to the bridging or website membership services described, and market response to the ISDN offering. It is important to note that the Company's actual results could differ materially from those in any such forward-looking statements. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release. Factors that could cause actual results to differ materially include the Company's ability to achieve the signup of BellSouth region ISDN users, their willingness to pay monthly ISDN service fees, the success of ISDN and services related to ISDN/IP bridging provided to website members and other customers, the Company's ability to negotiate with local exchange carriers and other carriers, such as Sprint, 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 other 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
305 572-0575
Info@TalkVisual.com |
