Nomad International Inc., a VoIP Technology Provider, Comments on CRTC Ruling20 May 2005
Nomad International Inc. (OTC: NDIN) commented today on the recent announcement by the Canadian Radio-Television and Telecommunications Commission (CRTC) that they would regulate Voice Over Internet Protocol (VoIP) service only when it is provided and used as local telephone service.
In its decision, the CRTC determined that in an effort to build sustainable competition in local telephone markets, the incumbent carriers will not be permitted to price their local VoIP services below cost to stifle competition.
"The ruling is a very positive one for Nomad in our efforts to enter the Canadian market with our products via Internet Service Providers, cable companies and virtual operators. The ruling permits us to enter the market
with a competitive framework," stated Jan Oliver, CEO of Nomad International Inc.
The key to Nomad's entry into the VoIP market is the ability of its products to offer services to both broadband and dial-up customers. Though broadband is gaining more and more acceptance and utilization worldwide,
dial-up remains the primary source of internet connectivity. In the U.S. alone, there are over 200,000,000 users of the internet. Of the total users in the U.S., the total number of users of broadband is only approximately
40,000,000; (stats by the Yankee Group) dial-up therefore represents approximately 80% of the entire internet connectivity market. The percentage of dial-up versus broadband users worldwide is even higher.
Nomad's ability to offer VoIP products to dial-up customers and service providers not only offers significant potential for market penetration, but also sets the Company apart from its competition in the marketplace by
offering a unique, proprietary and easily adaptable product.
About Nomad International Inc.
Nomad International Inc. is a multi-national Internet Communications Company developing cost effective telecommunications through Voice over Internet Protocol (VoIP) technologies. The Company's revolutionary VoIP
product line called NOMAD SYSTEMS that has Dial-up, Broadband, DSL, Cable, Satellite and Wireless capabilities. The Company plans on targeting: 1) National fixed line II & III Tier carriers which are interested in effectively
competing with the dominant carrier in their marketplace, 2) Large multinational corporations which need to have US or European presence by having, (for example), a United States number ringing in their offices in
Guatemala or London -- offering business partners a more economical way to communicate, and 3) Immigrants in North America, a means of significantly lowering their communication expense with their relatives in their country of origin. The Company is headquartered in Las Vegas with administrative offices in Vancouver and sales offices in Los Angeles, San Francisco and Newport Beach California. To learn more about Nomad International, Inc. please visit us at www.NomadIntl.com.
Source: PR Newswire
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