November 30, 2004
i2Telecom Announces Breakthrough VoiceStick Technology; Revolutionary Patent-Pending VoIP Access Device Provides Long-Distance Callers With Unparalleled Mobility
i2Telecom International, Inc. (OTCBB:ITUI), an emerging leader in voice/data communications technology for the Internet, including Voice over Internet Protocol (VoIP) services, today announced the launch of its new patent-pending VoiceStick(TM) technology.
The VoiceStick(TM) is a plug-and-play, portable key chain-sized device that inserts directly into the USB port of almost any desktop or notebook computer including some PDAs. The VoiceStick(TM) instantly allows the user to make domestic and international long distance calls via the Internet, with the use of an included headset. Once the VoiceStick(TM) is installed in the USB port, a dial pad display enables the user to call any telephone in the world directly from the computer, using Voice over Internet Protocol (VoIP) technology, at a fraction of normal long-distance rates.
"With the VoiceStick(TM), i2Telecom will deliver a revolutionary new level of VoIP mobility that allows users to stay connected globally, at a fraction of normal long-distance or cellular costs," stated Paul Arena, chief executive officer of i2Telecom International, Inc. "As the first to-market with this breakthrough patent-pending product, we have a tremendous head start on any potential competition."
"The VoiceStick(TM) is the easiest and most cost-effective VoIP solution for college students, business travelers, or anyone who makes long-distance calls from multiple locations. Given the explosive growth of WiFi and broadband wireless, including 'Hot Spots,' the VoiceStick(TM) will allow users to conveniently make VoIP calls from such locations as cafes, hotels, airport terminals, college campuses, municipal parks, recreational vehicles and their own back yards."
"We expect the VoiceStick(TM) to be available through multiple sales channels by early 2005, and i2 Telecom is currently in negotiation for definitive agreements involving thousands of retail locations. Additionally, we plan to offer VoiceSticks through a number of our channel partners, including telecom companies, cable companies and Internet service providers," concluded Arena.
The company is also offering the VoiceStick(TM) through its Virtual VoIP Network Enabler (VVNE) and Virtual VoIP Network Operator (VVNO) programs. The VVNE program enables agents and reseller partners to sell the VoiceStick(TM), along with VoIP services, through i2Telecom's infrastructure, allowing for easy market entry with minimal time and capital expenses. The VVNO program allows qualified operators and wholesalers to sell and activate customized VoiceStick(TM) product offerings and rate plans that are complemented by their own back office functionality.
About i2Telecom International, Inc.
i2Telecom International, Inc. (OTCBB:ITUI) is a low-cost telecommunications service provider employing next generation Voice over Internet Protocol ("VoIP") technology with operations based in Atlanta, Georgia; Boca Raton, Florida; Redwood City, California; and China. The company controls its own proprietary technology and outsources its production and service functions to strategic partners. i2Telecom International provides microgateway adapters (InternetTalker(TM), Morpheus Voicebox(TM), EVoIP-4310(TM)), VoIP long distance and other enhanced communication services to subscribers, and its proprietary technology platform is built to the Session Initiation Protocol ("SIP") standard. i2Telecom International's revenue model is multi-faceted and includes prepaid revenue from the sale of its InternetTalker(TM) integrated access devices, recurring monthly subscriptions, call minute termination fees and original equipment manufacturer royalties. For additional information visit www.i2telecom.com.
SAFE HARBOR Statement Under the Private Securities Litigation Reform Act. With the exception of the historical information contained in this release, the matters described herein contain forward-looking statements that involve risk and uncertainties that may individually or mutually impact the matters herein described, including, but not limited to, product acceptance, economic, competitive, governmental, results of litigation, technological and/or other factors which are outside the control of the company. Actual results and developments may differ materially from those contemplated by these statements depending on such factors as changes in general economic conditions and financial or equity markets, technological changes, and other business risk factors. i2Telecom does not assume, and expressly disclaims, any obligation to update these forward-looking statements.