Picking up some XSNI 2.09, UTCC, 15 on news of joint effort to market free ISP services in Europe. (COMTEX) B: (XSNI) Ursus Telecom and the X-Stream Network Announce St
B: (XSNI) Ursus Telecom and the X-Stream Network Announce Strategic Online
Partnership
SUNRISE, Fla. & LONDON, Oct 27, 1999 (BUSINESS WIRE) --
Strategic Alliance brings VoIP to hundreds of thousands of
European subscribers
Ursus Telecom Corporation (NASDAQ/NMS: UTCC) and The X-Stream Network
(NASDAQ OTCBB: XSNI) announced today that they have entered into an
agreement to market theSTREAM.com, on X-Stream's free ISP Portal
service in the UK, Sweden, Norway and Denmark.
X-Stream is the UK's 3rd largest and first free ISP boasting nearly 500,
000 registered subscribers in the UK and now also offering FREE
Internet access in Norway, Sweden and Denmark.
X-Stream will feature theSTREAM.com for the sale of Voice Over the
Internet (VOIP) services through theSTREAM's Internet Phone Booth(TM),
the unique browser based PC-to-Phone service of Ursus Telecom. The
services are offered through theSTREAM's exclusive online provisioning,
payment, and bill presentment system.
"We are excited and pleased to partner with X-Stream, which is truly an
innovator in reaching a vast customer base through their popular Free
ISP program," stated Jeffrey Chaskin, President of Ursus, "and will be
working closely with X-Stream as they expand their reach throughout
Europe. The X-Stream Network expands our foothold from North America
and South America to Europe, where enormous potential growth of VoIP is
expected by our industry."
Gregory Sukornyk, Chief Executive Officer of The X-Stream Network
added, "We will be introducing theSTREAM.com to our subscribers and
portal visitors through a variety of value added promotional programs
and introductory offers as we continue to expand our presence in
Europe. X-Stream's free Internet access couples very well with
theSTREAM.com to provide even more exciting values to our rapidly
growing client base. We believe that this agreement again substantiates
our commitment to offering the best of breed in IP access and
communications to our subscribers."
Ursus has a strong focus on emerging markets in its traditional
telephony business, Voice Over Internet Protocol (VoIP), and its
e-business engine - theSTREAM.com. Ursus will dedicate substantial
resources to market theSTREAM.com throughout the world and is
intensifying its focus on major portal sites and ISPs with marketing
agreements and partnerships it believes are unique to the industry.
This agreement will allow X-Stream's subscribers and visitors access to
the full array of theSTREAM.com's communication products and services.
These include the Internet Phone Booth, an exclusive Voice Over The
Internet access method which is unique in its self-contained
browser-based format, requiring only a small plug-in to complete calls.
The Internet Phone Booth(TM) provides customers around the world the
ability to call anywhere for substantially less than they would pay
with traditional telephony.
About The X-Stream Network Launched in the United Kingdom on March 8,
1998, The X-Stream Network is the UK's first 100% FREE Internet access
service, which boasts nearly 500,000 registered subscribers worldwide
and now also offers FREE Internet access in Sweden, Denmark and Norway.
Users can access the service by calling +44(0)870 730 6466 and
requesting the necessary software. Using this innovative software
programme, The X-Stream Network is able to offer all users 100% free
access to the Internet. With offices in London, Stockholm and Toronto,
The X-Stream Network is rapidly expanding its unique service to new
territories.
The X-Stream Network can be found at stream.com,
X-StreamailPlus free email and Unified Messaging service at
mail.x-stream.co.uk, X-Stream Central at
x-stream.co.uk, X-Stream Central Norway at
x-stream.no, X-Stream Central Sweden at x-stream.se,
X-Stream Central Denmark at x-stream.dk , X-Stream SmartShopper
at smartshopper.x-stream.co.uk and The X-Stream Games Network at
x-stream.gamesnetwork.com.
About Ursus Telecom Ursus Telecom Corporation is a global
facilities-based telecommunications company that provides international
services, including long distance, direct-dial, value-added and
Internet-based services to more than 100,000 customers -- individuals,
businesses and carriers -- worldwide. The Company operates directly and
through a network of agents on five continents and over 45 countries
that account for more than 80% of the World's International traffic.
Ursus Telecom operates switching facilities and points of presence in
Sunrise Florida, Frankfurt, Lima, Buenos Aires, Johannesburg and Tokyo.
Ursus Telecom is the source of theSTREAM.com.
Together with theSTREAM.com as the Company's global marketing and
provisioning mechanism, Ursus believes it is well positioned to prosper
in the next generation of services which combine the Internet,
telephony, fax, data and video services into a single broadband
platform offering a rich multi-media experience to its customers
throughout the world.
Statements in this news release that relate to future plans, financial
results or projections, events or expected performance in future
periods are forward-looking statements and fall within the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
While management wishes to provide readers with reasonable opinions and
viewpoints with respect to the Company's progress, marketplace
acceptance, business opportunities, and fiscal performance, such
statements, opinions and viewpoints are forward-looking and involve
risks and uncertainties, including risks of changing conditions in the
overall economy, the capital markets, the computer and
telecommunications industries, as well as risks of changing consumer
demand and the success of the Company's business strategies and other
factors detailed in the Company's annual and other reports filed with
the Securities and Exchange Commission.
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