Message #38 From:
Stock News Bot Date: June 28, 2006 09:31:00 AM
ITUI News I2 Telecom International's Voice Stick Technology Discussed in Today's Wall Street Journal
ATLANTA--(BUSINESS WIRE)--June 28, 2006--i2Telecom International, Inc. ("i2Telecom") (OTCBB: ITUI), a pioneer in globally ultra-portable high quality Voice-over Internet Protocol (VoIP) products and services, announced today that the Company's VoiceStick technology is mentioned in an article in today's Wall Street Journal.
The article, titled "Vonage Phone Device To Target Business Travelers" by Amol Sharma and Shawn Young, on Page B5 of the publication, noted that, "...The Holmdel, N.J., company is billing the device, dubbed the V-phone, as a major addition to its services, particularly in the business market. Other companies already have developed similar technology. VoiceStick, a technology developed by i2Telecom International Inc., of Atlanta, an Internet-calling provider with roughly 10,000 customers, has many of the same features as the device that Vonage is expected to release."
"i2Telecom's patent pending VoiceStick(TM) is the core technology behind a series of broadband products and services that i2Telecom is prepared to launch. VoIP is a necessary platform for other valuable products that the market is demanding. Examples include remote file backup, Web 2.0 desktop and applications, secure transactions and accounting, and the list goes on," stated Paul Arena, CEO of i2Telecom. "These are all revenue producing applications that can be delivered on a simple appliance such as the VoiceStick."
About i2Telecom International:
i2Telecom International, Inc. (OTCBB: ITUI) is a pioneer in ultra-portable high quality Voice-over Internet Protocol (VoIP) products and services employing best-of-breed VoIP technology. The Company has operations in Atlanta, Georgia and Redwood City, California, controls its own proprietary and patent-pending technology, and uses a combination of its own network and the Internet to deliver high-quality phone calls, streaming video and text chat. i2Telecom International provides VoiceStick(TM), InternetTalker(R), Digital Communications Portal communications and microgateway adapters for VoIP long-distance streaming video, text chat and other enhanced communication services to subscribers. Its proprietary technology platform is compliant with the Session Initiation Protocol ("SIP") telecommunications industry standard. i2Telecom International's revenue model includes recurring monthly subscriptions and prepaid services, as well as revenue from the sale of its integrated access devices, call minute termination fees and royalties from original equipment manufacturers. For additional information visit www.i2telecom.com or www.voicestick.com or call 877-731-6800.
SAFE HARBOR Statement Under the Private Securities Litigation Reform Act. With the exception of the historical information contained in this release, the matters described herein contain forward-looking statements that involve risk and uncertainties that may individually or mutually impact the matters herein described, including, but not limited to, product acceptance, economic, competitive, governmental, results of litigation, technological and/or other factors which are outside the control of the company. Actual results and developments may differ materially from those contemplated by these statements depending on such factors as changes in general economic conditions and financial or equity markets, technological changes, and other business risk factors. i2Telecom(R) does not assume, and expressly disclaims, any obligation to update these forward-looking statements.