To: telephonics who wrote (164 ) 5/20/1999 8:06:00 AM From: CUBBY Read Replies (1) | Respond to of 275
IPVoice.Com, Inc., Names First Six Cities toProvide Flat25 Calling Plan May 20, 1999 08:00 AM LITTLETON, Colo.--(BUSINESS WIRE)--May 20, 1999--After analyzing the fantastic response to the test marketing on Bloomberg TV of their Flat25(TM) product, IPVoice.com(TM), together with its long-term marketing partner netgenie.com, announce the first six U.S. cities where IPTrueConnect(TM) gateways will be installed. These cities are NEW YORK, LOS ANGELES, SAN FRANCISCO, DALLAS, MIAMI AND DENVER. IPVoice.com plans to offer its Voice over the Internet product for as low as $25 per month flat rate for unlimited minutes to households in the U.S. and Canada. "We feel this price is affordable to the average household. Once we have had an opportunity to gauge the results, we plan to offer a low cost service designed for businesses," said IPVoice.com president Barbara Will on April 26, 1999. "This is the future of communications. Households will be able to make phone calls over the internet using a regular telephone and realize savings over traditional long distance carriers such as AT&T T , MCI WorldCom WCOM and Sprint FON ." Customers can visit IPVoice.com's website at www.IPVoice.com and pre-register for the flat-rate service. Netgenie.com offers FREE internet access from over 2200 cities across the USA. Customers can sign up for netgenie by calling 800-GET-ONLINE or by downloading netgenie's software at www.netgenie.com. Netgenie.com competes directly with national internet access providers such as America Online AOL , Earthlink ELNK , Prodigy PRGY and Mindspring MSPG . Netgenie.com members and web based visitors will be able to sign up for IPVoice.com's Flat25(TM) product from netgenie.com's website at www.netgenie.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 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, relationships with vendors, the interest rate environment, governmental regulation and supervision, seasonality, distribution networks, product introductions and acceptance, technological change, change in industry practices, and one-time events. Should any one of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results may vary materially from those described herein. cubby