WHITE PLAINS, N.Y., March 6, 2007 (PRIME NEWSWIRE) -- Vocalscape Networks, Inc. (OTCBB:VOSC) (Vocalscape) and TelaZoom Communications today announced they will join forces to offer Voice over IP (VoIP) service. The companies have signed a Letter of Intent and will form a separate Limited Liability Company (LLC).
The new company will offer service in Canada and the U.S.A. with plans tailored to the residential and small business markets. Initial marketing efforts will leverage TelaZoom's strategic position within the security/alarm industry by engaging a network of over 1,500 independent alarm dealers to sell VoIP to their established client base of nearly 200,000 customers in Canada and approximately 150,000 in the U.S.A.
The U.S. market for VoIP advanced dramatically in 2006, adding 3.8 million VoIP households in 2006, reports In-Stat. Consumer VoIP adoption will drive wholesale VoIP revenues to $3.8 billion by 2010 from $1.1 billion in 2006.
"The relationships that TelaZoom principals have developed in the security and alarm industry provide an ideal springboard into providing telecommunications services," commented Ron McIntyre, President of Vocalscape. "Vocalscape is excited to be working with TelaZoom to offer VoIP service directly to residential and small business customers."
"Vocalscape has developed an excellent product for delivering VoIP services," said Steve Kolovos, a Director of TelaZoom. "Vocalscape's high quality product combined with our unique marketing approach is a winning combination that will enable us to maximize market penetration in both the U.S.A. and Canada.
About TelaZoom Communications
TelaZoom Communications, a Canadian federally incorporated company, was founded to take advantage of the deregulation that has taken place and promote a lower cost and reliable telecommunication alternative that consumers have demanded. Through contractual and strategic business relationships both inside and outside the security industry, TelaZoom is positioned to take advantage of an outstanding business opportunity to provide consumers with significant savings on their telecommunication costs. www.telazoom.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 Softphone applications, Customer Acquisition and Billing Systems, SIP Servers, Gatekeepers and Virtual Calling Cards. Vocalscape's focus is 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. www.vocalscape.com
The Vocalscape Networks, Inc. logo is available at http://www.primezone.com/newsroom/prs/?pkgid=2876
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