WorldTeq Expands VoIP Program
December 30 2004 - 9:14AM
PR Newswire (US)
WorldTeq Expands VoIP Program ROCKVILLE, Md., Dec. 30
/PRNewswire-FirstCall/ -- WorldTeq Group International Inc.
(OTC:WTEQ) (BULLETIN BOARD: WTEQ) , a full-service solutions
provider of Long Distance, Toll-Free services, and Financial
Services announces a partnership with an established company in the
VoIP marketplace. "Beginning in January, our new sales team will
begin aggressively marketing our expanded VoIP services. While we
have previously offered some VoIP services, the accepting
marketplace is allowing us to focus more resources in this area.
Bandwidth availability has increased ten-fold in the last few
years, resulting in a quality of service that is near perfect. VoIP
is a more profitable business segment. We expect to see an
additional $3,000 - $5,000 in additional monthly profits from VoIP
very shortly after the program is initiated with continued
acceleration throughout the year. By the end of 2005 we expect VoIP
revenues and resulting profits to surpass our regular long distance
services," stated Jeff Lieberman, CEO of WorldTeq. "VoIP is
starting to gain mass acceptance. Currently about 400,000 residents
and hundreds of thousands of businesses use a VoIP solution for
their communication needs. In 2004 alone, VoIP penetration in the
business community grew from 3% to 14% of all business telephone
traffic. By 2009 it is predicted that 12.1 million American
households, nearly 17% of all households, will use VoIP technology
to carry their voice traffic. It is expected that business usage of
VoIP technology will be nearly 100% by this time," continued
Lieberman. About WorldTeq Group International WorldTeq Group
International offers a wide range of telecommunications,
merchandising and financial services with related products via
independent agents, associations, sales organizations and affiliate
marketing. For more information visit the company's Web Site at
http://www.worldteqgroup.com/. The Private Securities Litigation
Reform Act of 1995 provides a "safe harbor" for forward-looking
statements. Certain information included in this press release (as
well as information included in oral statements or other written
statements made or to be made by WorldTeq) contains statements that
are forward-looking, such as statements relating to consummation of
the transaction, anticipated future revenues of the company and
success of current product offerings. Such forward-looking
information involves important risks and uncertainties that could
significantly affect anticipated results in the future and,
accordingly, such results may differ materially from those
expressed in any forward-looking statements made by or on behalf of
WorldTeq Group International. Contact Information: WorldTeq Group
International Inc., Jeff Lieberman, 888-263-7776, 413-513-1260 fax,
DATASOURCE: WorldTeq Group International Inc. CONTACT: Jeff
Lieberman of WorldTeq Group International, +1-888-263-7776, or
+1-413-513-1260 fax, or Web site: http://www.worldteqgroup.com/
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