Todays USAT humor;
USA Talks.com, Inc. Expands Network Outside California
"USA Talks.com also noted it had sought unsuccessfully to obtain a retraction of the unauthorized publication of certain non-current internal financial projections. According to William H. Ervine, President, "Financial projections are prepared periodically for our own internal use, and it is not our policy to disseminate or update any such projections, which are based on various underlying assumptions which change from time to time. For example, we continue to revise our marketing plans, including among other things, adjusting for the previously announced termination of a marketing relationship with an outside firm that had been considered as an acquisition candidate."
LA JOLLA, Calif., March 15 /PRNewswire/ -- USA Talks.com, Inc. (OTC Bulletin Board: USAT) announced today that it expects by the end of March 1999 to make available monthly flat-rate Internet phone service in Houston and Dallas, Texas; and Miami, Fort Myers, Jacksonville, Tampa and Orlando, Fla., and their surrounding areas, all to be served by one of two new points of presence (POPs) currently being established in Houston and Miami.
Additional cities, which will be served by new POPs in Chicago, Atlanta and New York and expected to be in service by April 1999, include Atlanta; Birmingham, Ala.; Durham, N.C.; Memphis, Nashville and Knoxville, Tenn.; New York; Washington, D.C.; Stamford, Conn.; Boston, Mass.; Philadelphia and Pittsburgh, Pa; Richmond, Va.; Chicago and Springfield, Ill.; Milwaukee, Wis.; Akron, Cincinnati, Cleveland and Columbus, Ohio; Branson, Springfield, St. Louis and Kansas City, Mo.; Minneapolis/St. Paul, Minn.; Detroit; and Indianapolis and Decatur, Ind.
As the build-out of USA Talks.com's six POPs continues during April and May 1999, service areas are expected to be further extended. USA Talks.com's customers then will be able to make long-distance calls on an unlimited basis at a flat rate from any service area to any location in the continental United States.
Once the five additional POPs are operational and service has been initiated in these covered cities, USA Talks.com intends to focus on upgrading its network through the future integration and utilization of certain of its proprietary technology and know-how in the areas of voice recognition, voice verification and voice compression.
USA Talks.com also noted it had sought unsuccessfully to obtain a retraction of the unauthorized publication of certain non-current internal financial projections. According to William H. Ervine, President, "Financial projections are prepared periodically for our own internal use, and it is not our policy to disseminate or update any such projections, which are based on various underlying assumptions which change from time to time. For example, we continue to revise our marketing plans, including among other things, adjusting for the previously announced termination of a marketing relationship with an outside firm that had been considered as an acquisition candidate.
"Further, as previously announced, we extended the test period for our California network, and delayed the commencement of billing in California, as we focused on the improvement of our service in California and the issues attendant to our expansion into new service areas through the five new points of presence currently being established."
USA Talks intends to offer a flat-rate, "all you can talk," telephone-to- telephone, long-distance service using Internet Protocol (IP) with a variety of service and pricing plans from $20 to $60 per month. USA Talks' service is designed to meet the long-distance needs of both residential and business customers.
Headquartered in San Diego, USA Talks.com is building the first IP-based national network offering unlimited long-distance service for a monthly flat fee.
This press release contains forward-looking statements relating to future operating information and their impact on future results. Actual results could differ materially from those projected in forward-looking statements as a result of risk factors such as market conditions, product life cycles, customer delays in purchasing products, technology shifts, potential difficulties in introducing new products, competition, price sensitivity and the uncertain market acceptance of the Company's products by distributors, retailers and customers.
SOURCE USA Talks.com, Inc.
CO: USA Talks.com, Inc.
ST: California, Texas, Florida
IN: MLM TLS
SU: PDT
03/15/99 06:00 EST prnewswire.com
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