THE NEWS IS HERE!!!!
VISUAL TELEPHONE INTERNATIONAL, INC. Completes Merger With
iVOICE.COM And Receives Contract Award With AUTOMATIC DATA
PROCESSING
ABERDEEN, N.J., May 21 /PRNewswire/ -- Visual Telephone International,
Inc. (OTC Bulletin Board: VTPI) and INTERNATIONAL VOICE
TECHNOLOGIES, CORP. have jointly announced that their merger has been
consummated. The Company also announced that it has entered into an
initial contract with AUTOMATIC DATA PROCESSING, the largest payroll
processing company in the world. iVoice.Com also reported the receipt of an
initial contract with AUTOMATIC DATA PROCESSING (ADP) (NYSE: AUD).
Jerome Mahoney, President, stated, "We expect to become ADP's primary
vendor for specialized Voice and Speech applications in the coming years.
This is an enormous boost to our already strong second quarter revenues."
The application software and hardware has been designed to establish a
payroll report process, and ADP's Enhanced Preview Register (EPR)
application will be installed on supported equipment. This enhancement is
fully expandable to meet the requirements for future releases. The software
application will be written in a standard language code (C, C++, and Visual
Basic, Visual C) without proprietary customization. ADP will access and
control application, development and hardware environment. The volume
capability of this system is 10,000 outgoing calls per business day.
The Company has completed projects for many clients, including: Emerson
Radio Corp, Northern Telecom Ltd., Riki Lake Show, the Smithsonian, Visa
(USA Fulfillment) Sheraton Hotels and Resorts and Fisher Scientific.
iVoice.Com possesses leading technology of PC/Computer Telephony
Integrated("CTI")-based call processing systems. The Company's software
products enable any business and office to communicate more effectively by
integrating their traditional office telephone systems with voice mail,
automated attendant and interactive voice response functions. The company
provides Voice Mail, Unified Messaging, and Interactive Voice Response
(IVR) products that allow information in PC databases to be accessed from a
standard touch-tone telephone.
iVoice.Com's products are designed to be "people oriented", with features
that can be readily used without special training or manuals. The Company's
principal products, Visions 2001 and IVT Insight, incorporate this philosophy.
iVoice.Com will also market the Visual EZ line of video conferencing products.
iVoice.Com is located at 1230 Highway 34, Aberdeen, NJ 07747. Telephone
number: 732-441-7700, Fax number: 732-441-9895, Website:
www.iVoice.Com Email: Infomation@iVoice.Com.
NOTE: Any statements that are not historical facts contained in this release
are forward-looking statements. It is possible that the assumptions made by
management for purposes of such statements may not materialize. Actual
results may differ materially from those projected or implied in any
forward-looking statements. Such statements may involve risks and
uncertainties, including but not limited to those relating to product demand,
pricing, market acceptance, the effect of economic conditions, and intellectual
property rights, and the outcome of competitive products, risks in product
development, the results of financing effort, the ability to complete
transactions, and other risks identified in this release, and the Company's
Securities and Exchange Commission filings.
SOURCE Visual Telephone International, Inc.
CO: Visual Telephone International, Inc.; International Voice Technologies,
Corp.; Automatic Data Processing; iVoice.Com
ST: New Jersey
IN: TLS |
