SEATTLE, May 10, 2005 (PRIMEZONE) -- Washington State School Districts and Educational Service Districts are benefiting from the cost savings provided by Innovative Communications Technologies' (ICT) (Pink Sheets:ICTN) (Global Private Telecommunications Network) GPTN product. Educational Service District 113, in Olympia, WA, whose jurisdiction includes approximately 2,600 classrooms spanning 45 school districts in five counties within Washington State, is one of ICT's latest customers in this business sector.
"ESD 113 is pleased with the controlled cost savings that the GPTN affords," said Dana Anderson, Assistant Superintendent, ESD 113. "Due to the critical nature of our budgets we continually look for avenues that save on expenses where it makes sense. Innovative not only offers us a significant cost savings but their products also provided the ability for us to enhance the integrity of our telecommunication systems. Our GPTN lease from Innovative has been superior. The installation was amazingly simple, took less than 2 hours and Innovative's team has been responsive and attentive to our unique needs."
In an ongoing effort and partnership this summer, Innovative will work with ESD 113 to provide local "no charge" phone numbers to their jurisdictional schools and districts, connecting them to the seven (7) ESD 113 help desks without per minute long distance charges.
Further notable customers in this category include the Washington School Information Processing Cooperative (WSIPC) who has been leasing an outbound Global Private Telecommunications Network (GPTN) from Innovative since 1998 and the Sedro Woolley School District No. 101 who has been saving money on their long distance operating costs with their own private network since March of 2002.
About the Company
Since 1989, Innovative has been a pioneer in the development and positioning of private telecommunications networks for businesses. Innovative's proprietary technology and alliances with industry leaders now place the company at the forefront of the telecommunications industry. The GPTN and Private800 technology combines proprietary leading-edge packet switching technology and dedicated fiber optic networks with Innovative's Voice Over Packetization Technology (VOPT). VOPT uses packet switching instead of traditional circuit switching when routing calls. Customers use their existing equipment and pay only a fixed monthly rate eliminating per-minute billing and the long-distance carrier. For more information visit the company's website at www.ict.net
Safe harbor statement under the private Securities Litigation reform Act of 1995
This news release contains forward-looking statements, including statements regarding Innovative's expectations about successfully expanding its GPTN business and securing significant additional customers for its services. Such forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from future results expressed or implied in such statements. These risks and uncertainties include the inability to manage expected growth, the loss of a large customer, the failure to realize the increased revenues and improved operating margins that the Company has associated with sales of GPTN services, the loss of any key personnel, tightening regulation of the communications technologies and channels used in our systems, our inability to introduce new services that are accepted by the market, the loss or non-performance of our sales representatives, unfavorable results of existing and potential litigation, and the possibility that competitors could develop or acquire technology that could erode Innovative's technical advantages. The Company disclaims any obligation to update any such factors or to announce publicly the results of any revisions to any of the forward-looking statements contained in this news release.
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