FORT LAUDERDALE, Fla. -- Sept. 15, 2004 -- VoIP, Inc. (OTCBB:VOII) today announced that its wholly owned subsidiary, VoIP Solutions, Inc., has received a purchase contract for its MTA-V102 Multimedia Terminal Adapters valued at more than $1 million (USD) from FMC Telecom of Davie, Florida.
FMC Telecom (www.fmctel.com) has committed to purchase a total of 15,000 MTA-V102 units, of which a minimum of 5,000 pieces are to be purchased the first year, and a minimum of 10,000 pieces the second year.
"This contract with FMC Telecom is one more indication of the strong and growing acceptance of Voice Over IP Telephony service," said Steven Ivester, CEO of VoIP, Inc. "Our momentum in the Multimedia Terminal Adapter segment is reflected in the contract signed earlier this year with ANEW Broadband, as well as in other contracts which are currently in the pipeline."
"We have tested and deployed many different terminal adaptors, including the ATA186 made by Cisco Systems Inc (NASDAQ:CSCO) but landed on the MTA-V102 from VoIP Solutions www.voipsolutions.com because it offers a unique feature set as well as exceptional value, which made it a logical choice for our customers' needs," said Frank Cassidy, President and Founder of FMC Telecom. "This equipment will enable us to move quickly into the VoIP service space with customers throughout the Americas."
FMC Telecom, currently in the midst of deploying a new range of VoIP service, is known for its comprehensive package of professional services, as well as equipment, materials and systems integration, for major turnkey telecommunications clients in the Americas. The company has completed major telecom assignments for DT Sat (formerly Romantis Satellite Communications), Amerijet International, as well as a number of teleport and satellite services facilities.
In May, 2004, VoIP Inc. announced a purchase contract, similar to FMC Telecom's, with ANEW Broadband. ANEW Broadband delivers convergent voice and data services via their own reliable next generation network. With "hot standby", fully redundant IP, and ATM core networks, ANEW brings data services such as high speed Internet, Web Hosting, Virtual Private Networks (VPN), and secured firewall. ANEW's technology partners include Telution, Dell Computer Corporation (NASDAQ:DELL), Lucent Technologies (NYSE:LU), BellSouth Corporation (NYSE:BLS), CIMA Telecom, Netopia (NASDAQ:NTPA), Cisco Systems (NASDAQ:CSCO) and Turnstone Systems.
VoIP Solutions, a wholly owned subsidiary of VoIP, Inc., provides turn key solutions for Telco's PTT's Cable operators, ISP's and new start up service providers. VoIP Solutions is unique in being able to provide carrier switching equipment, billing systems, Operational Support Systems, Customer Premises Equipment, consultancy and systems integration. The Company also manufactures and distributes a range of VoIP multimedia adaptors. The MTA operates over any broadband connection and can be remotely provisioned and programmed. VoIP integrated DSL, cable modems and wireless network components are also available.
About VoIP, Inc.:
VoIP, Inc. (www.voipincorporated.com) is an emerging global service provider of superior quality Voice over IP based solutions offering residential and business customers more user friendly and affordable ways to communicate. VoIP, Inc. also manufactures products and provides services to Internet Service Providers, Telecommunication Service Providers and Cable Operators in strategic countries around the world. VoIP, Inc, through its subsidiaries, provides a comprehensive portfolio of IP multimedia-based solutions ranging from subscriber based voice services, to SIP based infrastructure design and deployment, to broadband customer premise equipment design and implementation services, as well as engineering design, manufacturing and distribution of wireless broadband technology. VoIP, Inc. has applied for a patent for its state of the art VoIP Multimedia Terminal Adaptor which today supports the FCC Commission's desire for VoIP providers to deliver Emergency 911 Calling, Disability Access, and Law Enforcement Access capabilities to the marketplace.
VoIP, Inc. has aggressively pursued acquisitions in the IP Telephony space and on June 28, 2004 announced the finalization of the DTNet acquisition. Customers of DTNet include six of the top ten cable companies in the United States, National Cable Television Cooperative and Wide Open West. The customer base includes Cox (NYSE:COX), Comcast (NASDAQ:CMSA), CableVision (NYSE:CVC), and BrightHouse.
