In the QualityStocks News today Vocalscape Networks, Inc. (VOSC) (Vocalscape) and TelaZoom Communications today announced they will join forces to offer Voice over IP (VoIP) service. The companies have signed a Letter of Intent and will form a separate Limited Liability Company (LLC).
The new company will offer service in Canada and the U.S.A. with plans tailored to the residential and small business markets. Initial marketing efforts will leverage TelaZoom's strategic position within the security/alarm industry by engaging a network of over 1,500 independent alarm dealers to sell VoIP to their established client base of nearly 200,000 customers in Canada and approximately 150,000 in the U.S.A.
The U.S. market for VoIP advanced dramatically in 2006, adding 3.8 million VoIP households in 2006, reports In-Stat. Consumer VoIP adoption will drive wholesale VoIP revenues to $3.8 billion by 2010 from $1.1 billion in 2006.
``The relationships that TelaZoom principals have developed in the security and alarm industry provide an ideal springboard into providing telecommunications services,'' commented Ron McIntyre, President of Vocalscape. ``Vocalscape is excited to be working with TelaZoom to offer VoIP service directly to residential and small business customers.''
``Vocalscape has developed an excellent product for delivering VoIP services,'' said Steve Kolovos, a Director of TelaZoom. ``Vocalscape's high quality product combined with our unique marketing approach is a winning combination that will enable us to maximize market penetration in both the U.S.A. and Canada.
About TelaZoom Communications
TelaZoom Communications, a Canadian federally incorporated company, was founded to take advantage of the deregulation that has taken place and promote a lower cost and reliable telecommunication alternative that consumers have demanded. Through contractual and strategic business relationships both inside and outside the security industry, TelaZoom is positioned to take advantage of an outstanding business opportunity to provide consumers with significant savings on their telecommunication costs. www.telazoom.com
About Vocalscape Networks, Inc.
Vocalscape provides VoIP telephony solutions and communications software for Internet Service Providers (``ISPs''), Internet Telephony Service Providers (``ITSPs'') and Telecommunications companies worldwide. Vocalscape develops VoIP and interactive communications software including Softphone applications, Customer Acquisition and Billing Systems, SIP Servers, Gatekeepers and Virtual Calling Cards. Vocalscape's focus is on VoIP software and Long Distance termination solutions that bring together a full range of communications solutions and services thereby providing a turnkey VoIP infrastructure. www.vocalscape.com
The Vocalscape Networks, Inc. logo is available at http://www.primezone.com/newsroom/prs/?pkgid=2876
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Safe Harbor Act Disclaimer: This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the securities Exchange Act of 1934, as amended (the ``Exchange Act''), and as such, may involve risks and uncertainties.
Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations, are generally identifiable by the use of words such as ``believe,'' ``expect,'' ``intend,'' ``anticipate,'' ``estimate,'' ``project,'' or similar expressions. These forward-looking statements relate to, among other things, expectations of the business environment in which Vocalscape operates, projections of future performance, potential future performance, perceived opportunities in the market, and statements regarding Vocalscape's mission and vision. Vocalscape's actual results, performance and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements. Vocalscape and the Vocalscape logo are registered trademarks or trademarks of Vocalscape Networks, Inc. All other trademarks may be the property of their owners.
Contact:
Vocalscape Networks, Inc.
Kimberly Koch
(914) 448-7600
Fax: (914) 448-7608
kkoch@vocalscape.com
Michael McCarthy
Director of Business Development
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