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POPstar Rolls Out E 911 Emergency Services Program13 October 2005
POPstar Communications Inc. (POPstar) (OTC: POPC) today announced plans for the roll out of its E 911 Emergency Services program to POPstar VoIP users. Implementation has been underway for the past 3 months whereby all new subscribers have been given access to the service from the date of sign-up and access for existing subscribers is being completed. The service requires that the user name and address be registered with the data center and that the user telephone number is associated with the exchange in which the registered service address is located. Russ McDermott, VP of Marketing for the company's People Line VoIP services, said, "The 911 Service implementation is required by the regulatory authorities and is a required component of the company's roll out of its VoIP services to other cities."
VOIP telephony services -- the future is now: While VoIP services have long been touted as the replacement for traditional telecom, it has only been recently that IP telephony has managed a breakthrough move. Already responsible for a revolution in international communications, VoIP is more cost-effective, manageable and technically superior to traditional telecom and many analysts predict that VoIP will carry more voice traffic than traditional telecom by 2008. Estimated at a current size of over $24 Billion, the VoIP market has entered a mature expansion phase and Frost and Sullivan estimates that revenues will reach $171 Billion by 2007.
POPstar has been aggressively pursuing funding sources required for expansion and marketing of its People Line Service and will enter into the lucrative US VoIP expecting very conservative revenues of $5.2 million for 2006, for 2007 growing to $14.3 million and in 2007 profitability at $25 million, all very conservative depending on the expansion acceptance, it is not a question of "if" but "when."
According to Edward Gallagher, CEO of POPstar, the upcoming IPO of one of the major companies in the VoIP Industry confirms the fact the new VoIP market has been recognized by the investment community and many M&A transactions will validate this outlook. The current market penetration of 2.9% or 2.5 million subscribers (2005 figures) of the lucrative US Market is likely to increase to increase rapidly in 2006. POPstar, with its proven and tested product taking advanctage of its $10 Million dollar investment, is positioned to become a leader in the industry. It is already working to establish a major precense in Asia and will announce significant operations in the next few weeks.
About POPstar and People Line
POPstar, listed on the Pink Sheets (OTC: POPC), was established in 1998 to develop and sell VoIP/FoIP products and services to other Service Providers around the Globe. POPstar launched its People Line Brand of retail IP telephony services to local users in Vancouver in 2004. POPstar has its own line of unified messaging products that have been proven both in the corporate and service provider market for several years and People Line is able to take advantage of these developments. The Company products run on Sun and Linux platforms are compatible with Cisco gateways and support both SIP and H323 devices. For further information please visit http://www.popstar.net and http://www.peopleline.net. PR contact: Russ McDermott, POPstar Communications/People Line, 107 East 3rd Ave., Vancouver, BC, V5T 1C7. 604 639 2550, russ@peopleline.net.
This press release contains forward-looking statements. All such statements involve risks and uncertainties, including, without limitation, the risks detailed in 20/20 Networks, Inc.'s filings and reports with the Securities and Exchange Commission. Such statements are only predictions and actual events or results may differ materially.
Contact: Edward Gallagher CEO POPstar Communications Inc. T - 1 800 394 2282 SOURCE: POPstar Communications, Inc
Source: Marketwire
All trademarks and copyrighted information contained herein are the property of their respective owners.
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