Corridor Communications Corp Signs 8x8 Wholesale Agreement for Packet8 Voice and Video Over IP Offerings (VOIP) 10/25/2004 9:04:00 AM
MESA, Ariz., Oct 25, 2004 /PRNewswire-FirstCall via COMTEX/ -- Corridor Communications Corp. (CORR.OB) announced today that they have entered a wholesale agreement to bring Packet8 broadband voice over internet protocol (VOIP) and videophone communications services allowing Corridor to private label the Packet8 VOIP products and services and provide customized web interfaces applicable to Corridor customers.
The Packet8 service (www.packet8.net) enables high speed internet users to subscribe to monthly voice over internet protocol (VOIP) telephone and videophone communications service. For $19.95/month, Packet8 subscribers can make unlimited calls to any telephone number in the United States and Canada, and unlimited calls to any other Packet8 subscriber anywhere in the world. All Packet8 accounts come with voice mail, caller ID, call waiting, call waiting caller ID, call forwarding, hold, line-alternate, 3-way conferencing, web access to account controls, and real-time online billing. The Packet8 VideoPhone, introduced in June 2004, delivers high-quality, full-motion video and clear, delay-free audio over any broadband (high-speed Cable, DSL or corporate LAN) Internet connection. Using 8x8's Packet8 broadband phone service, Packet8 VideoPhone subscribers receive unlimited video calling and regular voice calling in the U.S. and Canada for $29.95/month as well as unlimited worldwide video and audio-only calling to other Packet8 subscribers. The Packet8 Virtual Office service allows users anywhere in the world to group multiple Packet8 lines into a virtual business telephone system that includes extension-to-extension dialing, auto attendants, conference bridges, ring groups and a host of other business class PBX features. Packet8 Virtual Office subscribers also enjoy unlimited phone calls anywhere in the United States and Canada and the same low, per-minute international rates available in Packet8's residential plans
"With our recent acquisition of Eagle West Communications, Ash Creek Wireless and Quik Internet, which brings our total combined subscriber base to nearly 9,000, we are looking to increase the number of services we can provide," said J. Michael Heil, Chief Executive Officer of Corridor Communications Corp. "The Packet8 VOIP service has gained a reputation for high quality and reliability, and we are convinced that this is the ideal product for us to market to our subscribers as an additional value added service. Many of our rural customers have limited domestic calling options, and we believe this is a perfect fit. The goal to provide video, voice and data to our customers can now be met."
About Corridor Communications
Headquartered in Mesa, Arizona with operations in Oregon, Nevada and Arizona, Corridor Communications, Inc. is an integrated wireless Internet service provider (WISP) and Cable television provider offering high-speed Internet, free and pay television, and data services to residents and businesses. The Company plans to implement a growth-through-acquisition strategy by targeting small to mid size Cable providers and Dial Up Internet Service Providers (ISP) in areas underserved by current broadband multi system operators. The growth strategy will also focus on creating partnerships with existing hot spot management companies while building company owned hotspots to create ubiquitous coverage or "Hot Zones" that encompass entire cities.
Corridor's IP-Based technology supports all hardware meeting Wi-Fi 802.11(x) standards operating in an unlicensed spread spectrums (2.4 GHz and 5.7 GHz), and can be deployed far less expensively than comparable copper and cable technologies. The company also plans to leverage its network build out for other services that may include voice and video. For more information about Corridor Communications, please visit the Company's web site at corridorcommunications.com
CONTACT: Investor Relations of Corridor Communications Corp., +1-480-380-5855, or info@corridorcommunications.com.
SOURCE Corridor Communications Corp.
Investor Relations of Corridor Communications Corp.,
+1-480-380-5855, or info@corridorcommunications.com
corridorcommunications.com
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