WHITE PLAINS, N.Y., Oct. 10, 2006 (PRIMEZONE) -- Vocalscape Networks, Inc. (OTCBB:VOSC) (Vocalscape) today announced that its shares have been accepted for listing and trading on the Frankfurt Stock Exchange under DNBB. Vocalscape's ISIN (Int Sec Id No) is US92856L1052.
"Listing on the Frankfurt Stock Exchange will increase the profile of Vocalscape Networks with both private and institutional investors all across Europe," said Ron McIntyre, President of Vocalscape. "This listing represents an opportunity to broaden our shareholder base. A dual listing is important for several reasons, one of which is that European investors can now purchase Vocalscape Networks stock on the Frankfurt Stock Exchange in their local currency. Dual-listing not only makes the transaction easier for an extremely large European investor base but it also reduces the costs by eliminating currency exchange and other associated fees."
About The Frankfurt Stock Exchange
The Frankfurt Stock Exchange is the largest of eight German stock exchanges. It ranks third in the world behind NYSE and NASDAQ. It offers its clients not only floor trading through brokers but also fully electronic trading facilities, whereby orders from any point in the globe are automatically inputted into the order book on a central computer. For more information, visit the Frankfurt Stock Exchange at http://deutsche-boerse.com.
About Vocalscape Networks, Inc.
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 turnkey VoIP infrastructure for ISPs, ITSPs and Telecommunications companies.
The Vocalscape Networks, Inc. logo is available at http://www.primezone.com/newsroom/prs/?pkgid=2876
Safe Harbor Act Disclaimer: This press 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 (the "Exchange Act"), and as such, may involve risks and uncertainties.
Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations, are generally identifiable by the use of words such as "believe," "expect," "intend," "anticipate," "estimate," "project," or similar expressions. These forward-looking statements relate to, among other things, expectations of the business environment in which Vocalscape operates, projections of future performance, potential future performance, perceived opportunities in the market, and statements regarding Vocalscape's mission and vision. Vocalscape's actual results, performance and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements.