VoIP Inc Signs Virtual Service Provider Deal with Aspect Solutions Inc17 December 2004
VoIP, Inc. (OTCBB:VOII) that it has signed a Virtual Service Provider (VSP) Agreement with Aspect Solutions, Inc. a Fremont, California company. The company will offer voice over IP (VoIP) telephone service to its customer base, allowing it's customers to bypass traditional phone companies, signaling the start of a technological shift that could change the communications industry--one of the biggest and most important industries in the US economy.
"A growing demand from mid-sized and smaller network service providers in the area of VoIP, but the high price of operating a soft switch, termination network, billing system, and the related staffing is typically outside the cost effective range for these service providers. Our program is designed to be a economical and efficient solution for these providers, enabling them to begin offering VoIP to their clients quickly and without a large investment of their time or money; We offer companies a way to sell enhanced communications service without the cost of investment in new systems or the learning curve or time to market problems while allowing the companies to retain ownership of their customers unlike reseller models from other voice providers," commented Bill Burbank COO VoIP, Inc.
The Aspect Solutions web sites and other sales and distribution channels will offer customers a choice of services, rate plans and local telephone numbers. The Agreement will permit Aspect Solutions to market Enhanced Services from country to country utilizing Voice Over Internet Protocol. "The VSP service offered by VoIP Inc. has enabled Aspect Solutions to escalate the launch of our service by several months and significantly reduced our capital cost," commented Francisco Laboy, VoIP Solutions, Inc. Sales Manager.
Under the Agreement, VoIP Inc. will supply their proprietary (MTA's) Multimedia Terminal Adaptor W/ router function from its wholly owned subsidiary, VoIP Solutions Inc.
"After extensive research and analysis, we chose VoIP Inc. as our provider of VoIP solutions based on their ability to quickly deliver a complete VoIP solution which allows us to concentrate on increasing our customer base, rather than in the technical shortcomings and time consumption that comes with having to create our own platform. For a start-up VoIP service provider, that's music to our ears. No other company was with us all the way during the pre-sale period, as VoIP Inc. was in addition the VSP service has brought forward our launch by several months and significantly reduced our capital cost," commented Ganesh Tangella, president and founder Aspect Solutions, Inc.
"This relationship further substantiates our strategy to provide our international partners with enhanced services to be offered in local markets, local currency and local languages. This agreement represents our continuing commitment to International Markets and is one of many that will facilitate our global network services and CPE manufacturing business," commented Steven Ivester, VoIP Inc.'s Chief Executive Officer.
About Aspect Solutions, Inc. www.aspectsolutions.com
Founded in 1994, Aspect Solutions, Inc. is a privately held company headquartered in Fremont, California with additional offices in New Jersey. Aspect Solutions, Inc. is a data security, information technology (it) solutions and VoIP services company specializing in virtual private networks (VPN), network design, it operations, healthcare data compliance (HIPPA), data encryption and authentication. Aspect Solutions works in partnership with clients, to provide expert advice, reliable solutions, and unrivaled responsiveness. Their partner portfolio includes bell labs, AT&T (NYSE:T), MCI (NASDAQ NM:MCIP), Sprint (NYSE:FON), and lucent (NYSE:LU) technologies among others.
About VoIP, Inc. www.voipinc.com
VoIP, Inc. is an emerging global service provider of superior quality Voice over IP based solutions offering residential and business customers more user friendly and affordable ways to communicate. VoIP, Inc. also manufactures products and provides services to Internet Service Providers, Telecommunication Service Providers and Cable Operators in strategic countries around the world. VoIP, Inc., through its subsidiaries, provides a comprehensive portfolio of IP multimedia-based solutions ranging from subscriber based voice services, to SIP based infrastructure design and deployment, to broadband customer premise equipment design and implementation services, as well as engineering design, manufacturing and distribution of wireless broadband technology. VoIP, Inc. has applied for a patent for its state of the art VoIP Multimedia Terminal Adaptor which today supports the FCC Commission's desire for VoIP providers to deliver Emergency 911 Calling, Disability Access, and Law Enforcement Access capabilities to the marketplace.
Safe Harbor
Statements about the Company's future expectations and all other statements in this press release other than historical facts, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby.
The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management as well as assumptions made by and information currently available to the Company or its management. When used in this document, the words "anticipate," "estimate," "expect," "intend," "plans," "projects," and similar expressions, as they relate to the Company or its management, are intended to identify forward-looking statements. Such statements reflect the current view of the Company regarding future events and are subject to certain risks, uncertainties and assumptions, including the risks and uncertainties noted. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove to be incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, intended or projected. In each instance, forward-looking information should be considered in light of the accompanying meaningful cautionary statements herein. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, the impact of competitive services and pricing and general economic risks and uncertainties.
Contacts
VoIP, Inc., Fort Lauderdale
Steven Ivester, 954-434-2000
sivester@voipinc.com
www.voipinc.com
Source: Business Wire
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