May 14, 1999 09:39 ***NEWS***
IPVoice.Com, Inc. - IPVC - Announces Roll-Out of Over-Seas IPVoice Gateway Installations
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LITTLETON, Colo.--(BUSINESS WIRE)--May 14, 1999--
IPVoice.com schedules deployment of International Gateways simultaneous to Flat25 network installations
IPVoice.Com Inc.(tm), (OTC BB:IPVC) announced today implementation of the IPVoice gateway installations internationally, while installation of the Flat25(tm) network covering 30 cities in the U.S. and Canada continues at an accelerated pace.
Within the coming months IPVoice.com will implement the installation of at least 30 gateways internationally. These installations will translate into a monetary portion of the multi-billion dollar international long distance market very quickly as the IPVoice.com international network expands.
Barbara Will, IPVoice.com president, said, "We are installing the Hong Kong gateway now. London will be next, followed by Paris and Milan."
Will continued, "According to the FCC statistics, about $15 billion was spent by Americans in 1997, on international calls. Once IPVoice is able to combine its U.S. network with its international network, the company stands to gain a substantial share of revenue from this growing global market."
IPVoice.com is the developer and producer of unique proprietary state of the art software and hardware solution for use in IP Telephony. IPVoice.com's premier product is an Internet Gateway named "TrueConnect(tm)", a fully Y2K compliant gateway that allows users to conduct real time full duplex, high quality two-way voice communication over the Internet. To support TrueConnect, IPVoice.com has developed proprietary support products in the areas of order entry, billing, customer service, agent management and a switching network management system. Their system is poised to compete and surpass other Gateway manufacturers such as VocalTec (NASDAQ:VOCLF) and other Voice over the internet services such as the ones offered by IDT (NASDAQ:IDTC) and NetSpeak (NASDAQ:NSPK).
This material was prepared by Buying Power Network ("BPN"), for the company discussed herein, based upon information supplied by the client or other sources believed to be reliable. The company's actual results could differ materially from those described in the forward-looking statements discussed in this press release. This material is for information purposes and should not be construed as an offer or solicitation of an offer to buy or sell the securities. BPN, its affiliates, and/or its officers, directors, and employees may from time to time have a position in these securities. BPN has received compensation for preparation of this press release.
For further information contact: IPVoice at 303/738-1266 or visit their website: www.IPVoice.com
CONTACT: Buying Power Network, Boca Raton, Fla.
Terry Joyce
561/361-9277 or Fax 561/361-9217
or
www.IPVoice.com
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