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DD
(COMTEX) B: Crys-Tel Telecommunications.com and TeleMatrix Announce I
B: Crys-Tel Telecommunications.com and TeleMatrix Announce Internet Telephony
Network Interconnection
VANCOUVER, BRITISH COLUMBIA (March 26) BUSINESS WIRE -March 26,
1999--Cyrs-Tel(OTC Bulletin Board:CYSS) Crys-Tel
Telecommunications.com, Inc (OTC-BB-CYSS) and TeleMatrix announced
today an agreement to interconnect and share traffic between their
Internet Telephony networks. TeleMatrix is the largest IP Telephony
carrier in Asia with 37 access points in Japan, 3 in China, 3 in U.S.
and one each in Korea, Taiwan, Hong Kong, and France. Crys-Tel is a
leading International Internet Telephony service provider with two
network access points in Canada and 3 in Italy, and plans to deploy 200
worldwide within the next 24 months. Since both Crys-Tel and TeleMatrix
use Nokia (NYSE:NOK.A) IP Telephony equipment throughout their domestic
and international networks, this new alliance will enable Crys-Tel and
TeleMatrix to pass traffic seamlessly between each network. The
companies' peering relationship provides both organizations with an
expanded footprint and a larger worldwide network for both customers of
Crys-Tel and TeleMatrix.
"With the substantial portion of our Asia network deployed on schedule
we are now targeting other particular international destinations," said
David Kleiman, vice president, North American Operations, TeleMatrix.
"Our relationship with Crys-Tel provides us each with an entry to new
markets, through cooperative interconnection and operating agreements."
"Using strategic alliances to expand our IP Telephony network
amplifies the reach of our IP long distance service," said Mr. Edward
Yau, President of Crys-Tel Telecommunications. "This alliance expands
the Crys-Tel Calling footprint into Asia and the biggest winners in
this agreement are the customers of both companies who gain a global
calling area that still has the savings associated with IP."
About TeleMatrix
TeleMatrix is a division of Chiyoda Corporation, a 24-year-old
Tokyo-based company. Since its establishment in August 1994, TeleMatrix
has aggressively positioned itself as a leader in cost-effective
international communication systems. Licensed as a Type II
telecommunications carrier by the Japanese government, TeleMatrix has
strategic alliances with several FCC licensed providers and carriers
with telecommunication switching equipment and computer networking
systems located around the globe. With their own switching facilities
and Internet Telephony network operations center based in Tokyo,
TeleMatrix has grown into a telecommunications company offering high
quality, low-cost telecommunication solutions - backed by professional,
multi-lingual customer service. For more information, visit
www.telematrix.co.jp.
About Crys-Tel Telecommunications.com, Inc
Crys-Tel Telecommunications, based in Vancouver, British Columbia,
Canada, is a facilities-based international carrier utilizing the
Internet to provide economical international telecommunications
services. The company operates both as a wholesale carrier for
international long-distance resellers and as a retail carrier,
servicing its own network and marketing the use of its network to
consumers in designated areas. Crys-Tel combines advanced engineering
and system integration along with the high resiliency of Nokia's
solution to ensure users high-quality services over the Crys-Tel
Network.
-0- hkz/cgo*
CONTACT: Crys-Tel Telecommunications.com, Inc.
Anthony Papalia, 604/662-3667
604/662-3734 (FAX)
Website: www.Crys-Tel.com
Email: anthony@crys-tel.com
or
TeleMatrix
David Kleiman, 415/626-1090
Website: www.telematrix.co.jp
Email: davidk@telematrix.co.jp
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