Metroplus, lets go ! We want to see one like this too ! ************IPVoice.com, Inc., - OTC-BB: IPVC - Signs Agreement with ICG
Communications, Inc. - NASDAQ: ICGX -
July 7, 1999 08:59 AM
LITTLETON, Colo.--(BUSINESS WIRE)--July 7, 1999--
IPVoice.com expands buildout of Flat25(tm) Network.
IPVoice.com(tm) is pleased to announce they have entered into an
agreement with ICG Telecom Group, Inc., a subsidiary of ICG
Communications, Inc. ICGX , for network services expanding on the
co-locations sites announced in the June 15th Level 3 Communications
LVLT press statement.
IPVoice.com will purchase local loop access and additional co-location
services from ICG for expansion of its Flat25 network. The agreement
with ICG enables IPVoice.com to begin deployment of TrueConnect(tm)
Gateways in 19 cities - 10 of which are part of the original Flat25
network - in California, Colorado, Texas and Georgia.
IPVoice.com's Flat25 Plan gives residential customers unlimited long
distance minutes for $25 per month. Customers will be able to make phone
calls over the Internet using a regular telephone, without having to own
a computer. On May 20, 1999, IPVoice.com outlined the first 6 cities
that would receive the service. This initial plan will be increased and
accelerated to cover 15 major sites that IPVoice.com plans to have in
operation by August of this year.
In the upcoming weeks IPVoice.com plans to announce additional
agreements that will fulfill the company's commitment to deploy
TrueConnect(tm) Gateways and commence network operations of its Flat25
services in the United States. Flat25 services will eventually allow
consumers the opportunity to call over 240 destinations worldwide at
very favorable rates. Flat25 brings IPVoice.com into direct competition
with such long distance customers as AT&T ATT , MCI WorldCom WCOM and
Sprint FON .
ICG is a leading competitive local exchange carrier (CLEC) offering
high-quality telecommunications services. "IPVoice.com will greatly
benefit from this agreement," says Barbara Will, President and COO of
IPVoice.com.
"ICG's experience with local, long-distance and enhanced telephony and
data services promises to continue the high quality standards that we
have already established for our product."
With headquarters in Englewood, Colorado, ICG Communications, Inc. ICGX
is a competitive telecommunications provider of high-quality, integrated
communications solutions. ICG offers local, long distance and enhanced
telephony, and data communications to small and medium-sized businesses
in California, Colorado, Ohio, Texas and the southeastern United States.
The company also provides high-speed data network capabilities and
services to Internet service providers throughout the US, using ICG's
nationwide network. Through other subsidiary operations, ICG designs and
installs copper, fiber and wireless infrastructure for buildings and
campuses; ICG also offers international satellite voice and data
services. For further information on ICG, visit the company's web site
at icgcom.com.
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 VOCLF and other Voice over the internet services such as the
one offered by NetSpeak NSPK .
Note: This press release contains certain "forward-looking" statements
as such term is defined in the Private Securities Litigation Reform Act
of 1995 and information relating to the Company and its subsidiaries
that are based on the beliefs of the Company's management as well as
assumptions made by and information currently available to the Company's
management.
Such statements reflect the current risks, uncertainties and assumptions
related to certain factors including, without limitations, competitive
factors, general economic conditions, customer relations, relationships
with vendors, the interest rate environment, governmental regulation and
supervision, seasonality, distribution networks, product introductions
and acceptance, technological change, changes in industry practices, and
one-time events. Should any one or more of these risks or uncertainties
materialize, or should any underlying assumptions prove incorrect,
actual results may vary materially from those described herein. |
