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Phonetime Deploys Advanced NexTone VoIP Platform12 April 2005
NexTone's Carrier Grade Technology Enables Phonetime to Expand Markets and Improve Network Performance while Lowering Capital and Operating Costs
Phonetime Inc. (TSX VENTURE:PHD), a leading Canadian supplier of long distance telecommunication services, today announced that it has successfully deployed NexTone Communication's Internet Telephony ("VoIP") session management technology. NexTone provides premier Internet telephony solutions and has designed their technology to meet the needs of serious telecom service providers. With NexTone's highly reliable VoIP platform, Phonetime will now be able to:
- Manage up to 30,000 simultaneous VoIP calls - all with superior voice quality
- Improve call completion rates
- Offer a plethora of advanced Internet enabled services in Canada and internationally
- Efficiently monitor and route VoIP traffic
- Access least cost carriers for call delivery worldwide
- Add wholesale clients to the network within 24 hours of reaching an agreement to carry their traffic
With these new capabilities, Phonetime is now aggressively marketing its Canadian network capacity to international Tier 1, 2, and 3 carriers as well as next generation VoIP providers and the Company is already in negotiations with several major international wholesale accounts.
In commenting on the new platform, Wayne Silver, Phonetime's President and CEO stated, "NexTone's technology opens up tremendous opportunities to sell capacity to both traditional and next generation carriers from all around the world. In fact, in just the last 30 days, we have connected 10 VoIP service providers to our new platform. At the same time, the platform allows us to use the least cost supplier for call delivery with a higher degree of customer satisfaction than ever before. This all adds up to more revenue, faster growth, and lower costs for Phonetime - and it certainly explains why this is the platform of choice for many Tier 1 carriers."
"Phonetime is one of the first companies to implement VoIP in a commercial application and they have consistently demonstrated their leadership by adapting and incorporating advanced technologies into their operations," said Vic Bozzo, Vice President of Sales at NexTone. "We are pleased that they have selected NexTone for their growth initiatives in VoIP and we look forward to a long working relationship with Phonetime."
About Phonetime
Phonetime operates one of Canada's largest private long-distance networks with points-of-presence in 24 major urban areas and markets its own branded pre-paid calling cards (Nuvo, Bravo, Chit Chat, Eureka, Hot and Call Value) across the country. The Company also provides phone cards to over 3,000 retail outlets, including Petro-Canada, Shell Canada and Business Depot/Staples. With its billion minute global buying power, Phonetime delivers highly competitive prices and exceptional customer service. Licensed as a Class A, International Carrier by the CRTC, Phonetime has offices in Toronto, Vancouver and Montreal. Additional information about Phonetime and its services is available on the Company's websites: www.phonetime.com, www.dialnsave.ca, and www.callselect.ca.
ABOUT NEXTONE COMMUNICATIONS
NexTone Communications develops carrier-grade products that provide scalable control of real-time IP services, such as voice over IP (VoIP). NexTone solutions enable carriers, service providers and enterprises to securely, simply, and cost-effectively interconnect networks for end-to-end control and management of IP traffic. NexTone's real-time IP technology can dramatically reduce carrier capital expenditures while providing ongoing operational efficiencies, such as reduced interconnect turn-up time and simplified network operations. NexTone is headquartered in Gaithersburg, Maryland USA with domestic and International sales offices worldwide. For more information, visit www.nextone.com.
Note: This news release may contain forward-looking information. Actual future results may differ materially. All figures are in Canadian dollars. The risks, uncertainties, and other factors that could influence actual results are described in the Company's annual report to shareholders.
Phonetime Inc.
Ian Hochberg
Director
(905) 629-2606, ext. 353
ian@phonetime.com
Phonetime Inc.
Wayne Silver
President and CEO
(905) 361-8304
wayne@phonetime.com
Source: ArriveNet
All trademarks and copyrighted information contained herein are the property of their respective owners.
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