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Emerging Company Report: IP Telephony Market Projected at $560 million in 1999
PR Newswire - September 11, 1998 11:06
HOLLYWOOD, Calif., Sept. 11 /PRNewswire/ -- Emerging Company Report, the nationally syndicated television program which profiles emerging-growth companies (http://www.emergingcompany.com), features an interview this week with the people behind IPVoice Communications, Inc. (Nasdaq: IPVC).
IPVoice Communications, Inc. "is ready to take advantage of the explosive growth in Internet Telephony," according to Chief Operating Officer and Chairperson Barbara Will. "IPVoice's unique, state-of-the-art software and hardware solutions bridge the gap between the Internet and the telephone." Executive Vice-President and the developer of IPVoice's TrueConnect IP Telephony technology Anthony Welch added, "TrueConnect provides IPVoice with the ability to provide our customers with the tools to set up an entire telecommunications network. We have targeted international countries as our primary market, because of the virtually obsolete status of many of their current systems. The overall market for IP Telephony has been estimated at $560 million in 1999. Major telecommunications companies like MCI (Nasdaq: MCIC) are working to develop what we already have and are able to deliver right now."
Other companies discussed on Emerging Company Report this week include:
Mustang Software, Inc. (Nasdaq: MSTG) is a true turnaround story. "We went from having 150,000 customers, to zero customers," said CEO Jim Harrer. "Mustang has since developed and is now marketing Internet Message Center, a unique email management system which has been recommended by computer magazines and has won several awards of excellence. Now we are getting calls from companies like GTE (NYSE: GTE) and Lucent (NYSE: LU) asking us to buy our products," said Harrer.
Planet City Software, Inc. (OTC Bulletin Board: PINC) says it has the $49.95 solution to the Year 2000 problem or Y2K. "Planet City's Millennium Bug software reads whether or not your PC is Y2K compliant and if it is not, it fixes it, plain and simple," said Financial Consultant Bob Chapman. The company announced on the television program, a contract with America Online (NYSE: AOL), wherein AOL's millions of users will be able to test their PC for compliance online while browsing AOL.
Viewers of Emerging Company Report can receive free information in the mail about the featured companies by calling a toll-free phone number on the TV screen.
The television program, which has been on the air for 97 weeks, is seen Friday evenings at 11:00 ET, 8:00 PT, Sunday mornings at 11:30 ET, 8:30 PT and Monday through Wednesday mornings at 10:00 ET, 7:00 PT, on 140 cable TV systems nationwide.
The program is also available to view "On-Demand" at their web site, emergingcompany.com.
SOURCE Emerging Company Report
/CONTACT: Donald Baillargeon of Emerging Company Report, 323-951-9205/
/Web site: emergingcompany.com
(IPVC MSTG PINC)
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