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Technology Stocks : VocalTec (VOCL)

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To: B.K. Ohneis who wrote (1695)9/1/1998 9:18:00 AM
From: David Wiggins  Read Replies (2) of 2349
 
Deutsche Telekom Canada Launches Phone-to-Phone Commercial Service to 100 Countries Using VocalTec's IP Telephony Solution
Competitive International Phone Calling with Convenient Debit Cards
HERZLIYA, Israel--(BUSINESS WIRE)--Sept. 1, 1998-- VocalTec Communications Ltd. (Nasdaq: VOCLF - news), today announced that Deutsche Telekom Canada, a subsidiary of Deutsche Telekom AG [NYSE:DT - news], is launching a phone-to-phone commercial service using VocalTec's IP telephony solutions. Deutsche Telekom's service will begin by selling debit cards to link residential and business phone callers in Canada to over 100 destination countries worldwide. This announcement comes on the heels of last week's news that VocalTec and Deutsche Telekom AG's T-Online Internet service are working together on a PC-to-phone pilot using Internet Phone Lite(tm).

''Deutsche Telekom Canada is committed to providing Canadian customers with attractive international calling rates and reliable service,'' said Roland Bopp, CEO of Deutsche Telekom North America, a subsidiary of Deutsche Telekom AG. ''We look forward to expanding our phone-to-phone over IP service with VocalTec's gateway solutions.''

''Deutsche Telekom continues to expand its commitment to IP telephony using VocalTec's solutions with their latest announcement of phone-to-phone service in Canada,'' said Dr. Elon Ganor, CEO and chairman of VocalTec Communications. ''We are working closely with many divisions within this company to roll-out global solutions that offer low-cost calling and value-added services and applications.'' Deutsche Telekom is the third largest telecommunications company in the world. VocalTec Communications, a market leader in IP telephony, is Deutsche Telekom's strategic partner. Deutsche Telekom owns approximately 21 percent of VocalTec's outstanding ordinary shares.

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