Betterway Telecom Ltd. Announced Today That it is Preparing to Launch its Flat Rate VoIP Telephony Services


VALLEYSTREAM, N.Y., Oct. 13, 2004 (PRIMEZONE) -- Betterway Telecom Ltd. (Pink Sheets:BTWJ) today announced that it has begun preparing for the launch of its Flat Rate VoIP Telephony Services in the United States, Canada and the Caribbean markets. The service will be purely targeting the retail segment of the market.

Betterway Telecom's intended flat rate service will be designed exclusively for customers in North America and Caribbean which already posses a broadband connection. By purchasing a SIPWAY Kit: either a SIP Telephone or a SIP Box and a pre-paid account from Betterway Telecom, they can start placing phone calls through Betterway's VoIP Network:

The company is designing four different pre-paid account packages:

SIPWAY 500: which includes 500 minutes / month of telephony in North America for 14.95 US$.

SIPWAY 1000: which includes 1000 minutes / month of telephony in North America for 24.95 US$.

SIPWAY 1500: which includes 1500 minutes / month of telephony in North America for 34.95 US$.

SIPWAY 5000: which includes 5000 minutes / month of telephony in North America for 99.95 US$.

Furthermore, Betterway is giving the option to its customers to choose between the Flat Rate telephony in North America and / or in Europe by choosing one of our available Western European destinations.

In a later stage North American and / or European virtual phone numbers can be assigned to its SIPWAY accounts of its subscribers.

About Betterway Telecom, Inc.

The company is a start-up Telecommunications Service Provider specializing in VoIP Telephony. It has started deploying its Internet Backbone and it has begun implementing the latest VoIP technologies existing on the international market.

The company's main undertaking is the delivery of VoIP telephony services in the U.S., Canada and in the Caribbean by delivering SIP telephones, International Virtual Telephone numbers (UK, German, Dutch, French etc.) and the VoIP Telephony to its customers.

Its target group is defined to be all potential customers living in the U.S., Canada and the Caribbean, having a broadband connection for their daily Internet use and also seeking a mean to reduce their conventional telecommunications costs by using the Internet telephony.

The company has already started negotiations with international telecommunications service providers for acquiring international co-location and procuring switch partitioning services. The company is also planning to have several technical points of presence in several major European cities.

Forward-looking statements in this release are made pursuant to the "safe harbour" provisions of the Private Securities Litigation reform Act of 1995.

Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, but not limited to, continued acceptance of the company's products and services, competition, new products and technological changes, as well as any and all "other risks" associated with business.

For more information on Betterway Telecom Ltd., please visit our website at: www.betterwaytelecomltd.com.



            

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