Copyright © 2026 Knight Sac Media. All rights reserved.https://www.siliconinvestor.com/subject.aspx?subjectid=28380 March 25, 1999 13:18 APC Telecommunications Launches Internet Telephony - Changes Name To Innofone.Com TORONTO--(BUSINESS WIRE)--March 25, 1999--APC Telecommunications Inc. (OTCBB - Symbol APCI) introduced its new Internet Telephony service concurrent with a company name change to Innofone.com, Incorporated. "We have changed our name to better reflect our innovative telephony strategy," said Innofone President Larry Hunt. The company's new Internet Telephony Service Provider (ITSP) division now delivers state-of-the-art voice (VOIP) fax and data communications over the Internet. Innofone is working with NetSpeak Corporation(r)and PSINet Inc.(r),and is poised to provide Canadian customers with a fully integrated worldwide Internet telephony service including phone-to-phone as well as PC to phone telecommunications as early as next month. "The Internet telephony service represents a significant expansion of Innofone's product range which includes the innovative Guaranteed Lowest Rate (GLR(tm)) long distance reselling program, said Hunt. While quality voice communications remains the companies mainstay, discount global fax and data communication for Canadian business, has now become a core offering. "This is a really critical breakthrough, not only for us but for the communications industry in Canada," Hunt continued. "We are very excited about the opportunity to offer the consumer and business sectors another alternative long distance solution." Innofone is currently raising US $1.0 Million in a public offering to provide the capital necessary to complete the new IP infrastructure. This unique service, in conjunction with Innofone's current GLR(tm) calling program, will position the company as the leading Next Gen Telco in Canada. Analysts suggest that the IP Telephony market will take possibly 20 percent of all international traffic by the year 2000. Innofone Chairman and Telecom Veteran Ron Crowe said "VOIP has always been on the radar for the company, to ensure competitiveness. After lenghty testing of our current network gateways between Toronto and Montreal during the past six months, we are now ready to move forward to build out the network across the country." In conjunction with the Canadian Network, Innofone plans to deploy a Gateway in the United States in April which will allow the company to terminate traffic in the US and Internationally. Innofone is working with Industry leaders NetSpeak(r) Corporation (NASDAQ : NSPK) and PSINet Inc.(NASDAQ : PSIX) to establish the basis for the Innofone network. NetSpeak(r) Corporation will be providing Innofone with the IP telephony technology. "NetSpeak believes that Innofone is truly poised for success in the Telephony marketplace," said Lane Bess, Senior Vice President, NetSpeak(r) Corporation. "With the company's unique understanding of the Canadian market, the core management team's successful track-record, and their overall de...https://www.siliconinvestor.com/images/Logo380x132.pnghttps://www.siliconinvestor.com/subject.aspx?subjectid=2838038013210