To: wombat who wrote (955 ) 4/29/1999 9:07:00 AM From: Tim Oliver Respond to of 1082
Wow, what's the saying "The snail eventually wins the race?" IF LKON's technology is so good, why don't they have news like this: Tuesday April 27, 11:01 am Eastern Time Company Press ReleaseNetVoice Technologies Corp. Appears on Caspar Weinberger's ''World Business Review'' TV Series ''Exploring Internet-Enabled Phone Technologies'' BOCA RATON, Fla.--(BUSINESS WIRE)--April 27, 1999--Multi-Media Productions (USA) Inc. Tuesday announced the appearance of Bill Yotty, chairman, NetVoice Technologies Corp. (OTC BB:NTVT), on ''World Business Review.'' The weekly television series focuses on technology and is hosted by Caspar Weinberger, chairman of Forbes magazine and secretary of defense during the Reagan administration. Also appearing on the show is industry expert panelist, Vinton Cerf, Internet co-founder and chairman of the Internet Society. The topic of the panel discussion is ''Communications for the New Millennium.'' ''NetVoice Technologies was selected to appear on the show because of its proven success in advancing Internet telephony,'' said Howard Weiner, the show's associate producer. NetVoice is leveraging its revolutionary convergence capabilities to maximize Internet telephony. With the use of a simple telephone, a person may now place or receive telephone calls, and take advantage of the unregulated, low-cost, Internet in the process. This is made possible by the convergence or the legacy Public Switched Telephone Network (PSTN -- wire-enabled connectivity) and Voice-over Internet Protocol (VoIP) -- packetized sound, or data packets, via the Internet. NetVoice Technologies is using this technology to differentiate itself from its telecommunications counterparts. Its ability to process the normal phone calls using Internet technology is resulting in lower cost for the customers. NetVoice uses managed, controlled private bandwidth instead of the public Internet, and offers commercial retail ''flat rate'' IP phone calls in metro, state, regional, national and wholesale arenas. Yotty said, ''We have four earning engines that NetVoice is utilizing today, the first of which is in the wholesale arena, where we're actually terminating calls for carriers in major markets where we have our equipment.'' He added that NetVoice is also retailing the product as a substitute for the ''WATS lines'' of the past. In a ''World Business Review'' field report, David Lissberger, president of Econer, said that NetVoice's services sell themselves. Lissberger, who helps businesses take advantage of Internet technology, said, ''It's a good deal because it saves them money, and it does not require any change in the way they place long distance calls.'' Lissberger added that his clients do not have to change their long distance carriers, and they also use a handset to place calls as they traditionally had. The absence of regulatory standards governing the World Wide Web has further contributed to the improved margins that may be achieved from use of this technology. Cerf said, ''Internet technology is an unregulated technology so the companies that interconnect Internet services to the conventional telephone network have a different cost structure than ordinary voice telephony does, and that is what Bill (NetVoice) is taking advantage of, in part.'' In only one year, NetVoice has grown from an unproven start-up to a company that is providing telecom carriers with network services in 14 states and over 20 cities, with expansion plans by year end to reach 35 cities and 22 states. NetVoice's existing customers, large and small, continue to express their satisfaction by referring its services, as there are very few competitors that are providing the VoIP services that NetVoice offers. NetVoice seeks to provide for its customers' needs by implementing leading-edge technologies in VoIP and setting the standards necessary for making the communications demands of the next millennium.