Cybertel Communications Set to Launch VoIP Cphone12 December 2004
Cybertel Capital Corporation (OTCBB:CYBT) announced today that its wholly owned subsidiary, Cybertel Communications Corporation, is getting set to launch its own branded cyber phone, which will be named the Cphone. It is the company's intent to market the Cphone through the worldwide network of military exchange stores.
The current cost to troops calling home from Iraq averages about 50 cents per minute. The Cphone, which attaches to a USB port on a computer, will be free to the troops when they purchase 500 minutes at 10 cents per minute. Subsequent minutes can be purchased at 4.9 cents per minute. The Cphone will eliminate the need for high-cost-per-minute phone banks and make it very easy both physically and economically for our troops to make calls back home and be able to talk with their loved ones.
Currently there are approximately 140,000 Marines, soldiers, sailors and airmen serving in the Middle East.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties, including, but not limited to, risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, governmental approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions, and other uncertainties detailed in the Company's filings with the Securities and Exchange Commission.
Cybertel Communications Corporation
Arthur Armagost, 858-646-7410
aarmagost@cybertelcorp.com
Source: Business Wire
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