March 6, 2007
Vocalscape and TelaZoom Join Forces to Supple VoIP Service to Residential and Small Business Customers
WHITE PLAINS, N.Y., Mar 6/PRNewswire-FirstCall/ -- Vocalscape Networks, Inc. (OTC Bulletin Board: VOSC - News) and TelaZoom Communications today announced they will join forces to offer Voice over IP (VoIP) service. The companies have signed a Letter of Intent and will form a separate Limited Liability Company (LLC).
The new company will offer service in Canada and the USA with plans tailored to the residential and small business markets. Initial marketing efforts will leverage TelaZoom’s strategic position within the security/alarm industry by engaging a network of over 1,500 independent alarm dealers to sell VoIP to their established client base of nearly 200,000 customers in Canada and approximately 150,000 in the USA.
The US market for VoIP advanced dramatically in 2006, adding 3.8 million VoIP households in 2006, reports In-Stat. Consumer VoIP adoption will drive wholesale VoIP revenues to $3.8 billion by 2010 from $1.1 billion in 2006.
“The relationships that TelaZoom principals have developed in the security and alarm industry provide an ideal springboard into providing telecommunications services,” commented Ron McIntyre, President of Vocalscape. “Vocalscape is excited to be working with TelaZoom to offer VoIP service directly to residential and small business customers.”
“Vocalscape has developed an excellent product for delivering VoIP services,” said Steve Kolovos, a Director of TelaZoom. “Vocalscape’s high quality product combined with our unique marketing approach is a winning combination that will enable us to maximize market penetration in both the USA and Canada.
About TelaZoom Communications
TelaZoom Communications, a Canadian federally incorporated company, was founded to take advantage of the deregulation that has taken place and promote a lower cost and reliable telecommunication alternative that consumers have demanded. Through contractual and strategic business relationships both inside and outside the security industry, TelaZoom is positioned to take advantage of an outstanding business opportunity to provide consumers with significant savings on their telecommunication costs. www.telazoom.com
About Vocalscape
Vocalscape provides VoIP telephony solutions and communications software for Internet Service Providers ('ISPs'), Internet Telephony Service Providers ('ITSPs') and Telecommunications companies worldwide. Vocalscape develops VoIP and interactive communications software including Soft phone applications, Customer Acquisition and Billing Systems, SIP Servers, Gatekeepers and Virtual Calling Cards. Vocalscape's strategy is to focus on VoIP software and Long Distance termination solutions that bring together a full range of communications solutions and services thereby providing a turn-key VoIP infrastructure for ISPs, ITSPs and Telecommunications companies. http://www.vocalscape.com
Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.
Contact Information:
Vocalscape Networks, Inc.
Kimberly Koch, 914-448-7600
fax: 914-448-7608
kkoch@vocalscape.com
http://www.vocalscape.com
SIG Consultants
Doug Ward, 770-814-7199 (Investor Relations)
sigconsultants@aol.com
www.siginfogroup.com
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