Fonix Telecom Plans to Move to Facilities-Based Network Platform with VoIP Soft Switch; Enhanced Network Infrastructure Will Expand Market Penetration in Southeast
Fonix Telecom Plans to Move to Facilities-Based Network Platform with VoIP Soft Switch; Enhanced Network Infrastructure Will Expand Market Penetration in Southeast
BW5118 FEB 28,2005 6:01 PACIFIC 09:01 EASTERN
( BW)(GA-FONIX-TELECOM)(FNIX) Fonix Telecom Plans to Move toFacilities-Based Network Platform with VoIP Soft Switch; EnhancedNetwork Infrastructure Will Expand Market Penetration in Southeast
Business Editors/High-Tech Editors
ATLANTA--(BUSINESS WIRE)--Feb. 28, 2005--Fonix Telecom Inc., awholly owned subsidiary of Fonix Corp. (OTC BB: FNIX) offeringnext-generation integrated communications services to residential andbusiness customers, revealed plans to move to a facilities-basednetwork platform with the installation of a Voice over InternetProtocol (VoIP) switch. The switch will be the key network gatewaycomponent for its new Internet Protocol (IP)-based architecture, whichis expected to be available in the Southeast Q1 2005.
Fonix Telecom´s migration to a facilities-based network platformand purchase of a VoIP soft switch enables the company tosimultaneously support legacy "Plain Old Telephone Service" (POTS)subscribers and new VoIP customers. This network platform willposition Fonix to migrate from the dependency upon the ILEC´s(incumbent local exchange carrier) unbundled network elements-platform(UNE-P) and reseller business model. As a facilities-based CLEC, FonixTelecom will decrease costs and increase revenue, while at the sametime providing the capability to maintain end-to-end control ofcustomer services and improve time-to-market for next-generationproducts like VoIP. Additionally, Fonix Telecom will simplify networkoperations and ensure substantial growth potential for future IP-basedservices.
Fonix Telecom will also expand the existing network infrastructureby adding points of presences (POPs) in Augusta, Savannah and Macon,Ga.; Charlotte, N.C.; and Charleston, S.C.
"The installation of a VoIP switch in our network supports ourstrategy to expand the Fonix Fone(sm) service and will allow us todiversify products and features, while providing true carrier-classreliability and scalability at a much lower cost," said W. Dale Smith,senior VP and general manager, Fonix Telecom. "With our localinfrastructure, facilities and world-class customer servicecapabilities, Fonix Telecom is well positioned to leverage VoIPtechnology and its existing product portfolio by offering moreadvanced features and capabilities to our customers."
VoIP telephony is expected to grow from approximately 400,000 U.S.homes in 2004 to 12.1 million by 2009 according to a new report byJupiterResearch (October 2004). Jupiter indicates VoIP telephony willreach 10 percent of U.S. homes over the next five years. By 2006, halfof all businesses will best be served by engaging in selectivesourcing of IP telephony services according to Gartner Inc. (October2004).
Key customer benefits of Fonix Telecom´s VoIP services includedynamic selection and management of calling capabilities, featureselections and service characteristics along with the ability to addor change a service profile in real-time through a simple, easy-to-useWeb interface. Fonix Telecom´s VoIP architecture will providecustomers ultimate control of their services with more feature choicesand pricing alternatives.
About Fonix Telecom Inc.
Fonix Telecom Inc. provides a full array of wireline voice, data,long distance and Internet telephone services utilizing traditionallines as well as next-generation networks such as Voice over InternetProtocol, Broadband Over Power Lines and fixed wireless technology.Services are provided through LecStar Telecom. Fonix Telecom andLecStar Telecom are wholly owned subsidiaries of Fonix Corp. and arebased in Atlanta. Visit www.fonix.com for more information,or call 888-895-5539.
About Fonix
Based in Salt Lake City, Fonix Corp. is an innovativecommunications and technology company that provides integratedtelecommunications services and value-added speech technologiesthrough Fonix Telecom Inc. and The Fonix Speech Group. The combinationof interactive speech technology and integrated telecommunicationsservices allows Fonix to provide customers with comprehensivecost-effective solutions to enhance and expand their communicationsneeds. Visit www.fonix.com for more information, or call 801-553-6600and say "Sales."
Statements released by Fonix that are not purely historical areforward looking within the meaning of the "Safe Harbor" provisions ofthe Private Securities Litigation Reform Act of 1995, includingstatements regarding the company´s expectations, hopes, intentions andstrategies for the future. Investors are cautioned thatforward-looking statements involve risk and uncertainties that mayaffect the company´s business prospects and performance. The company´sactual results could differ materially from those in suchforward-looking statements. Risk factors include general economic,competitive, governmental and technological factors as discussed inthe company´s filings with the SEC on Forms 10-K, 10-Q and 8-K. Thecompany does not undertake any responsibility to update theforward-looking statements contained in this release.
--30--EK/ix* CONTACT: The Investor Relations Group John Nesbett or Gino De Jesus (Investors) Andrea Faville (Media) 212-825-3210 mail@investorrelationsgroup.com or Fonix Elizabeth Sweeten, 801-553-6600 mediainfo@fonix.com KEYWORD: SOUTH CAROLINA GEORGIA NORTH CAROLINA INDUSTRY KEYWORD: TELECOMMUNICATIONS PRODUCT SOURCE: Fonix Telecom Inc.Copyright Business Wire 2005
(c) 2005 Business Wire. All reproduction, other than for an individual user`s reference, is prohibited without prior written permission.
Autor: © Business Wire , 15:01 28.02.05
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