To: Tom Allinder who wrote (52585 ) 6/28/2000 11:05:00 AM From: Jim Bishop Read Replies (1) | Respond to of 150070
VOPT spread tightened, and getting volume on news :-))) HUNSTVILLE, Ala., Jun 28, 2000 (BUSINESS WIRE) -- SmallStockForum.com, an internet based information outlet for small and micro cap stocks, is pleased to announce the addition of VoIP Telecom Inc. (OTCBB:VOPT). VoIP Telecom Inc. is a next generation digital telecommunications company focused on the deployment of worldwide digital, voice as well as data communications via fiber optic, Internet circuit (VoIP), satellite and public switched telephone networks. The company's strategic vision is to become a leader in converging conductivity solutions by building a major consortium of the highest quality VoIP entities in order to obtain a significant market share of international long distance traffic in North America, Europe, Asia, Russia and the Middle East. VoIP Telecom's entry into the fast-paced, highly profitable global telecommunications marketplace is concentrated on VoIP via an acquisitions program, which includes International Communications & Equipment, Inc. (ICE - 100%), Access Network Limited (ACCESS -- 100%) and NEX Telecom Co. Ltd. (NEX -- 49%). ICE is a high growth oriented telecommunications company, founded in 1996 in Kirkland, Washington, with an aggressive business plan centered on a joint venture agreement to provide VoIP long distance carrier services for 89 regional carriers in Russia. ICE also has commenced negotiations with exchange carriers in Germany to transport traffic to Russia and has identified initial contracts for 3 million minutes per month outbound. ACCESS is a Singaporean enterprise formed in 1999 to take advantage of VoIP and ancillary telecom opportunities in Asia, one of the most explosive digitized telecommunications arenas in the world. The company's business plan calls for a network to be established to handle over 400 million voice minutes annually with expected gross revenues projected to be in excess of $30 million. NEX, headquartered in Seoul, South Korea, was formed in 1998 to provide a full complement of Internet voice and data services. It is the first international VoIP telecommunications company bearing its own network and service supporting facilities in Korea. This news release may contain certain forward-looking statements with respect to operations and business, the results of which could differ materially from those discussed. Risks and uncertainties are detailed in reports that are filed with the Securities and Exchange Commission by the Company. This information is presented as neither a buy nor sell recommendation but is intended to serve as a starting point for your research. CONTACT: VoIP Telecom, Inc. 877/778-7171 IR@VOIPTelecom.net or Investor Relations: About-Face Communications, LLC Scott Galagher, 215/741-5883 sdgalagher@aol.com URL: businesswire.com Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. Copyright (C) 2000 Business Wire. All rights reserved. Distributed via COMTEX. -0- KEYWORD: ALABAMA INTERNATIONAL CANADA ASIA PACIFIC EUROPE INDUSTRY KEYWORD: E-COMMERCE INTERNET TELECOMMUNICATIONS