US National Telecom (USNT) -- Signs Offer for Distribution Rights to Telecom Switch -- Switch Sales Could Be $500,000
Market Wire, November, 2007
US National Telecom (PINKSHEETS: USNT) has signed an offer to distribute a well known European VoIP telecom switch in the USA. USNT also offered to invest in or purchase a portion of that softswitch company. If an investment purchase was made this would be the second one for USNT; the first was Vitelity Communications, based in Colorado. Additional information on the proposed transaction will be made available pending the target company's formal response to the written offer.
The popular VoIP technology switch allows smaller companies to quickly become VoIP providers. Features include click-to-call, international call back, IVR for calling cards, and wholesale telecom services. It runs on Windows software, opening the market to many entrepreneurs who do not have the expertise to run, or desire to learn, the Linux operating system. A key selling feature is that there are no additional per-subscriber license fees.
The Company may market the switch in the USA as "ReadySwitch," preinstalled on a Dell premium server, for under $20,000, which is less than half of many switches in this class. The Company will also offer a hosting plan for the ReadySwitch, similar to web server hosting, which would include instant access to worldwide voice traffic termination partners. If the Company were able to sell 30 such systems, the sales projections are approximately $500,000 for the fiscal year beginning in 2008.
Existing sales of the VoIP technology switch have been very strong. However a serious drawback to date was the lack of a USA-based office and it was not offered as a "plug and play" switch.
About US National Telecom (USNT)
US National Telecom (USNT) is a publicly traded VoIP technology company, headquartered in Denver, Colorado. www.USnationalTelecom.com . The Company focus is on building a VoIP and Internet services conglomerate.
Safe Harbor Statement: This release includes forward-looking statements, made pursuant to the safe harbor provisions of the PSLA of 1995, that involve major risks and uncertainties based on what may be inaccurate assumptions. Financial information is unaudited and subject to restatement. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
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