InstaDial Technologies Corp. is pleased to announce it has achieved important milestones and would like to take this opportunity to provide a corporate update.
InstaDial Technologies is pleased to announce that the launch of our Voice over IP (VoIP) broadband service or Internet telephony, through our subsidiary InstaTelecom Inc, has been very successful. InstaTele.com currently offers both residential and business service starting at $ 14.99 per month; we anticipate the popularity of broadband phone will increase dramatically over the next few months. NBI/Michael Sone Associates expects the number of Canadian households using Internet telephony will reach more than 1.1 million households by 2007. InstaDial Technologies Corp. will soon be launching an enhanced InstaTalk Residential Broadband Phone Service with unlimited calling within Canada, United States, Argentina, Australia, Chile, Denmark, France, Germany, Hong Kong, Ireland, Israel, Italy, Monterey and Mexico City Mexico, Netherlands, Norway, Moscow and St. Petersburg Russia, Singapore, South Korea, Spain, Sweden, Taiwan, United Kingdom, and Vatican City State unlimited, for less than $ 50.00/month . This will be the first service of its kind in Canada and has no per minute charges, all you need is a high speed DSL or cable Internet connection.
InstaDial Technologies Corp. has also expanded our InstaDial Enterprise product line that targets Small, Medium and Large businesses in Canada . In addition to providing VoIP services to business to greatly reduce or eliminate inter-office and multi-branch communications costs, we will complement these products with traditional Internet and Telecommunications services to offer a comprehensive product portfolio which includes; InstaDial data services providing high speed Internet services from DSL to Burstable DS3 connections and private line services to OC12 or 622 Mbps of data throughput, InstaDial Long Distance services, International Toll free and Travel cards, InstaDial Call centre solutions designed to reduce toll charges and automate communication processes within a Call Centre, InstaConference Audio and Web conferencing on-demand services to streamline business communications and group collaboration, leading edge telecommunications equipment including Internet PBX (iPBX) phone systems that integrate with existing company telecommunication systems and PBX (phone system) equipment and offer the capability of integrating with cutting edge VoIP technologies, telecommunication consulting services such as cost reduction analysis, cost management analysis, telecom audits and cost recovery.
The next evolution in the InstaDial product offering will be a Hosted PBX solution which will offer an Enterprise customer the benefits of a PBX with new and enhanced features, all without the capital outlay. The InstaDial Hosted PBX solution delivers phone lines over a broadband connection as a single vendor managed Hosted solution while utilizing the existing phone equipment or a new feature-rich VoIP handset. There is no limitation on the number of extensions, voicemails, geographic boundaries, no start-up costs, no maintenance fees, no complex hardware or software upgrades and no expensive costs for associated moves, adds and changes of a traditional PBX system. Hosted PBX solutions are perfect for enterprise and small business clients of any size and remote offices, virtual offices, branch offices, and roaming users. This service will improve employee productivity, improve project timelines, reduce travel, improve collaboration, support for mobile users, and offer follow-me and find-me services and unified messaging with web and email access to voicemail. The InstaDial Hosted solution is offered on a per seat flat rate basis all on a single bill and can save more money when combined with InstaDial VoIP and long distance services. Frost and Sullivan estimated the Hosted PBX or IP Centrex market will grow from 250,000 ports in 2001 to 10 million ports by 2008. InstaDial now has the ability to offer a completely hosted communication solution for phone service, Internet access, Long Distance and Toll free services.
InstaDial Technologies Corp. has also created a Wholesale group that will market solutions specifically to resellers such as telecommunications service providers and calling card operators. InstaDial has partnered with the world's leading carriers to provide cost effective solutions and the highest quality telecommunications routes to meet the strict demands of our wholesale partners.
InstaDial plans to offer the services above to the U.S. market and the InstaAccess program will soon be ready for the consumer market in the United States .
InstaDial is completing the final phase of the InstaAccess product development, specifically the trial and propagation phase to ensure the InstaAccess Debit MasterCard® and Maestro® card works with all MasterCard®, Maestro®, Star® and Cirrus® merchant networks and ATM banking networks. The InstaAccess trial and propagation phase will be completed within the next few weeks, at which time it will be available to the US Consumer market.
InstaDial is also completing the final development of the IVR and InstaAccess Long Distance integration. The InstaAccess phone service works very much like a traditional prepaid calling card, except without the plastic phone card. You can make phone calls from anywhere in North America to anywhere in the world by calling our toll free customer service number and following the prompts. It's that easy all it takes is a phone call.
The InstaACCESS two card system (Debit MasterCard® & a Maestro® Card) allows consumers to move money from one card to another at a fraction of the cost charged by traditional money transfer companies. The InstaACCESS Debit MasterCard® and InstaACCESS Maestro® Card can also be used to move money to family and friends in the US and Canada or around the world; and it will cost the consumer a lot less than using the other money transfer services available, such as a money order, wire transfer, or conventional money transfer companies. All you need to do is send your family member or friend the InstaACCESS Maestro® Card and once they receive the card you can begin to move money onto their card from your InstaACCESS MasterCard®. The Maestro card holder can then go to any ATM worldwide which displays a Maestro, Cirrus or STAR symbol and withdraw the funds.
The InstaACCESS Card is a stored value re-loadable Maestro Card that can be used by consumers everywhere Maestro is accepted. They can load money onto the card and use it to purchase goods and services at retailers, restaurants or department stores and they can withdraw cash from over 900,000 ATMs (that displays one of the following symbols Maestro®, Cirrus® or STAR®) worldwide. Unlike cash, the InstaACCESS Maestro® Card is very safe. The cardholder can report a stolen or lost card 24 hours a day and the remaining balance will be transferred to a new card. The InstaACCESS Maestro® Card will be the choice for a fully-featured Card.
The InstaACCESS Debit MasterCard® Card is a stored value re-loadable Debit Card that operates similar to a credit card, authorizing purchases and cash withdrawals from over 900,000 ATMs worldwide (that displays one of the following symbols MasterCard®, Maestro®, Cirrus® or STAR®) up to the amount you have on deposit. It gives you the safety and low cost of a Debit Card with the strength of the MasterCard brand.
The InstaAccess card will be an all-in-one prepaid, debit card and prepaid phone card and will be unique to the industry and at present the only card of its kind. The card will be marketed initially in the United States and the targeted demographics already use many variations of calling cards and money transfer systems, this all-in-one solution will provide the value and convenience that the targeted consumers are seeking. Using i nteractive v oice r esponse ( IVR) and a touchtone phone, card holders can obtain their balance, change their Personal Identification Number (PIN), do card to card transfers, get operator assistance and directory assistance, make long distance phone calls by purchasing long distance minutes and charging to their debit card, check their calling card balance, recharge their pre-paid cellular time with most major US carriers, pay bills, get a payday advance and purchase future prepaid services such as Health benefits, Legal services, prepaid Internet services and Roadside assistance.
About InstaDial Technologies Corp.
InstaDial Technologies Corp. is a Next Generation Communication Solutions Provider located in Canada and the United States . InstaDial provides technology solutions utilizing Voice over IP (VoIP). The public telephone market is evolving rapidly as VoIP technology or Internet Telephony CONVERGES traditional circuit switched telephone networks with data networks. InstaDial VoIP solutions offer significant cost savings for Consumer long distance, Enterprise communications, Call Centre operations, Calling card solutions and online communications integration. The adoption of VoIP has been overwhelming and the recent technology advances such as wide spread high speed DSL Internet access have allowed InstaDial to bring VoIP products mainstream.
This release includes forward looking statements, which are based on certain assumptions and reflects management's current expectations. These forward looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward looking statements, whether as a result of new information, future events or otherwise.
Safe Harbor" Statement under the U.S. Private Securities Litigation Reform Act of 1995: This release contains certain "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995.
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