InfiniCall Acquires 24,448 VoIP Customers
October 20 2004 - 5:05PM
PR Newswire (US)
InfiniCall Acquires 24,448 VoIP Customers LOS ANGELES, Oct. 20
/PRNewswire-FirstCall/ -- InfiniCall Corporation (OTC:INFL)
(BULLETIN BOARD: INFL) today announced that it acquired an
additional 24,448 Voice over Internet Protocol (VoIP) customers
from InfiniCom Networks. The company acquired 12,941 new customers
on October 10th, and 11,507 new customers on October 17th, bringing
InfiniCall's total customer base to 97,162. InfiniCall President,
Robin Glanzl commented that, "We are pleased with the exceptionally
strong levels of demand for our VoIP services as evidenced by our
recent customer growth. We continue to forecast rapid future growth
as more consumers become aware of our low cost, $15 a month,
unlimited calling plan as a cost-cutting alternative to their
traditional phone company service." InfiniCom Networks VP/Carrier
Markets, Karen Blevins stated that, "InfiniCom has augmented
capacity to the network allowing us to continue supporting
InfiniCall's business expansion. At present the InfiniCom network
is handling greater than 500,000 InfiniCall calls per day."
InfiniCall Chairman, Gary Rasmussen, commented, "This recent
acquisition of customers from InfiniCom Networks will increase our
monthly recurring gross revenue to just over $1.4 Million." About
InfiniCall Corporation InfiniCall Corporation (formerly,
FoneFriend, Inc.) is a rapidly emerging company in the fast growing
VoIP industry. The company provides its customers with access to
extremely low cost, long-distance calling via the Internet, using
only a standard telephone handset or their personal computer.
Contact: InfiniCall Corporation (323) 653-6110
http://www.infinicall.net/ Forward-Looking Statements This release
contains forward-looking statements, including, without limitation,
statements concerning our business and possible or assumed future
results of operations. Our actual results could differ materially
from those anticipated in the forward-looking statements for many
reasons including: our ability to continue as a going concern,
adverse economic changes affecting markets we serve; competition in
our markets and industry segments; our timing and the profitability
of entering new markets; greater than expected costs, consumer
acceptance of alternative networks or difficulties related to our
integration of the customers we may acquire; and other risks and
uncertainties as may be detailed from time to time in our public
announcements and SEC filings. Although we believe the expectations
reflected in the forward-looking statements are reasonable, they
relate only to events as of the date on which the statements are
made, and our future results, levels of activity, performance or
achievements may not meet these expectations. We do not intend to
update any of the forward-looking statements after the date of this
document to conform these statements to actual results or to
changes in our expectations, except as required by law. DATASOURCE:
InfiniCall Corporation CONTACT: InfiniCall Corporation,
+1-323-653-6110 Web site: http://www.infinicall.net/
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