Ontus Announces Strategic Alliance with Nextreme17 December 2004
Ontus Telecommunications Corp., (OTC: ONTC) an FCC licensed international and long distance telecommunications carrier, today announced that it has entered into a definitive agreement with Nextreme Design Inc. Ontus and Nextreme will launch a nationwide marketing initiative to provide Internet Service Providers (ISP's) with a turn-key VoIP solution enabling them to compete with local and long distance phone carriers. This will enable Nextreme's ISP customers to resell a high-margin, recurring range of products and services.
"Our unique Voice Over the World Wide Web service is the perfect up-sell to dialup and broadband Internet Service Providers' menu." said Paul Peterson, Ontus' CEO. "Nextreme's experienced marketing staff will enable ISPs to integrate VoIP products in ways that are streamlined and cost effective. Now any ISP, in any community in the country, in just a few days and with no additional personnel, infrastructure, hardware or software investment, can be competing against their local dial tone and long distance providers with a tremendous competitive advantage. This is telecom in the 21st century."
Commented Lou Kern, President of Nextreme: "We're very pleased to have joined forces with Ontus, and look forward to developing an excellent opportunity in VoIP technology. We are positioned to help further expand into the small business and residential domain, as well as penetrating other markets with a bundled service offering."
About Nextreme Design
Nextreme is a software developer located in Portland, Oregon. Since 1997, the management team has led the way in providing fully integrated software for web applications. In addition they are one of the top web site developers in Oregon, working with a number of large fortune 500 companies. Nextreme's most popular products are content management and E-commerce transaction tools. Nextreme builds and manages branded online sales channels, enabling these sites to capture revenue by driving site traffic, generating qualified leads and selling products in context on locations throughout the Web. For more company information, visit http://www.nextremedesign.com
About Ontus Telecommunications Corporation
Ontus Telecom is an FCC licensed international and long distance communications provider headquartered in Portland, Oregon. Ontus Telecom is in the business of building international telecommunications routes and selling telecom capacity through wholesalers and retail distributors. With sales and service facilities located in the US, Western Europe, India, Asia and the Middle East, Ontus Telecom is uniquely positioned to provide telecommunications capacity at greatly reduced prices and with unparalleled service to distributors and retail customers. www.ontus.com
Forward Looking Statement
This release may be deemed to contain forward-looking statements, which are subject to the safe harbor provisions of the Private Litigation Reform Act of 1995. These forward-looking statements include, among other things, statements regarding future events and the future financial performance of Ontus Telecommunications Corporation ("Ontus") that involve risks and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results due to a variety of factors, including: business and economic conditions and growth trends in the networking industry and in various geographic regions; global economic conditions and uncertainties in the geopolitical environment; overall information technology spending; the growth of the Internet and levels of capital spending on Internet-based systems; variations in customer demand for products and services, including sales to the service provider market; the timing of orders and manufacturing lead times; changes in customer order patterns or customer mix; insufficient, excess or obsolete inventory; variability of component costs; variations in sales channels, product costs or mix of products sold; the ability to successfully acquire businesses and technologies and to successfully integrate and operate these acquired businesses and technologies; increased competition in the networking industry; dependence on the introduction and market acceptance of new product offerings and standards; rapid technological and market change; manufacturing and sourcing risks; product defects and returns; litigation involving patents, intellectual property, antitrust, shareholder and other matters; the ability to recruit and retain key personnel; our ability to manage financial risk; currency fluctuations and other international factors; potential volatility in operating results and other factors listed in Ontus' most recent reports. Ontus' results of operations are not necessarily indicative of Ontus' operating results for any future periods. Any projections in this release are based on limited information currently available to Ontus, which is subject to change. Although any such projections and the factors influencing them will likely change, Ontus will not necessarily update the information, since Ontus will only provide guidance at certain points during the year. Such information speaks only as of the date of this release.
Contacts
Ontus Telecommunications Corp.
Harvey Goralnick, 212-752-9445
Public and Investor Relations
ontc@focuspartners.com
Source: Business Wire
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