Talk Visual Announces Installation of New Switch; Launches Resale Program for Carriers & Businesses
MIAMI--(BUSINESS WIRE)--Nov. 15, 2000--
Company To Offer International Terminations At Discount Rates
Talk Visual Corporation (OTC-BB: TVCP) President and CEO Eugene A. Rosov announced today that the Company has completed the installation and testing of its fully featured NACT/World Access telephone switch. The equipment was installed at the Company's headquarters location at 3550 Biscayne Boulevard.
The new switch allows the Company to offer a broad range of prepaid and postpaid services domestically and internationally. The Company's first switching activity is the re-routing of its New York/New Jersey traffic into the Biscayne location switch. The Company's Chief Technical Officer Pedro Sanchez commented on the installation that: "The new Biscayne location switch will allow us to use least-cost routing for all of our calls. With Sprint, Teleglobe, Telpan, Link-Net and several other carriers, we'll be able to deliver calls for our own businesses - and any other business - with excellent quality and guaranteed termination."
According to Mr. Rosov, "We believe that we will be able to compete very effectively in the voice telecommunications transport marketplace. In fact, some of our negotiated pricing is so cost-effective that I believe we will be able to resell key destination countries to major carriers. We are in the process of negotiating what may be millions of minutes of traffic with other carriers. This switch gives us control of our own voice telecom destiny, just as our RADVision MCU/Bridge equipment gives us control of our videocall destiny."
Talk Visual's Sales Director, Enamullah Khan, said today "we are exceptionally pleased about the presence of this new switching equipment at headquarters. I'm sure that we'll be able to offer low-cost, high-margin voice traffic, on a prepaid basis, to every telephone call shop in America. Given our incredible rates to Latin America, I expect that we can become the premier carrier for small businesses - and add very substantially to our bottom line. Before the end of November, we'll be starting our approach to every large and small telephone call shop in America."
ABOUT TALK VISUAL CORPORATION
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 (1-877-228-4336) within the United States, or at 305 572-0575 from abroad.
A list of Talk Visual's videocalling shops is at talkvisual.com. The site allows visitors to order the Company's impressive full-color newspaper. Talk Visual sells pagers at beeperforabuck.com. Information on the new Talk Visual TV225 Video-Telephone can be seen on 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 Executive's Corner latest bi-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 that are not historical including statements regarding Talk Visual 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 Act 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 Company's ability to competitively offer and successfully deliver domestic and international prepaid and postpaid services to business customers; the quality of such services to be offered and delivered; the Company's ability to provide high quality and guaranteed terminations; the success of the efforts to resell voice telecommunications traffic to major carriers; the Company's ability to control its own destiny in voice telecommunications; the market success of the Company's sales efforts in offering low-cost and high margin prepaid voice traffic to all of America's call shops; and the Company's ability to translate such voice traffic sales into net revenue.
It is important to note that the Company's actual results could differ materially from those in any 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 proper functionality of the new telephone switch; the ability of the Company's chosen carriers to effectively deliver quality voice transport at competitive rates and with good quality termination; the acceptance by the telephone call shop market of the Company's service offerings and pre-payment terms and conditions; the climate for telecom sales to such potential clients; the amount and type of sales competition with the existing and future carrier marketplace; 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 June 30, 2000. This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities.
CONTACT: Talk Visual Corporation
305 572-0575
info@talkvisual.com |
