Ecuity Reports 60% Increase in Quarterly VoIP Revenue
April 07 2005 - 7:00AM
PR Newswire (US)
Ecuity Reports 60% Increase in Quarterly VoIP Revenue Company
Ascribes Rise to Accelerating Adoption of Business-Class VoIP
Offerings BELLEVUE, WA, April 7 /PRNewswire-FirstCall/ -- Ecuity,
Inc., (OTCBB: ECUI.OB), a leading enhanced Voice over Internet
communications company serving the small-to-medium business and
residential markets, reported that revenues generated from its
V-Tone(TM) VoIP telephone service offerings rose 60.4% comparing
quarterly revenues from calendar Q4 2004 to Q1 2005. The company
has been experiencing a steady increase in revenues and sales of
its innovative offering of VoIP and VoWiFi since the launch of the
V-Tone suite in July of 2004. The company also reported an increase
of installed lines of VoIP service during the first quarter of
57.1%. The company said that the overwhelming majority of the
increase resulted from an expanding base of business customers
choosing Ecuity's hosted-IP PBX solution over traditional
premises-based PBX and alternative next-generation service
providers. King Cole, Ecuity's president, "Our V-Tone offering of
VoIP services to small and medium size businesses has proven itself
a strong offering for a broad range of business customers in a
variety of industries. The consistent story in feedback from our
small and medium size businesses is a high degree of satisfaction
with the ease of switching to Ecuity VoIP services, combined with
exceptional voice quality, features that equal those previously
available only to large businesses, and incredible cost savings
over traditional alternatives. The rise in our new business revenue
from sales of our V-Tone VoIP services is one of our key indicators
of growth and customer acceptance within this innovative
communications market. We continue to see strong growth in this
category while our legacy business remains steady. It is gratifying
to witness the successful transition from our legacy services to
becoming a leader in the VoIP industry." Ecuity is the first
facilities-based carrier to offer complete business-class VoIP
services, including a "soft phone," both nationwide and
internationally - with voice quality equal to or better than
traditional phone service at significant cost savings. Ecuity
provides Business class VoIP, broadband services, technical
support, centralized billing and superior customer service. It
offers both Centrex call features and traditional equipment based
PBX call services. As a result of its success in delivering cutting
edge Voice Over Internet Protocol (VoIP) services to customers
nationwide, Ecuity's subsidiary Ecuity Advanced Communications was
named to the 2004 "Pulver 100" - which is the VoIP industry's
premiere listing of companies that represent the future of the
communications industry. Ecuity's innovative VoIP services, V-Tone
Office, V-Tone Small Office and Smart Call, are available virtually
anywhere in the country and in international markets today. It
takes only a phone call to 1 866-41 VTONE (1 866-418-8663) or a
visit to http://www.ecuity.net/ to arrange to install service or
secure a custom solution quotation. About Ecuity, Inc.
(http://www.ecuityinc.com/) Ecuity is a provider of secure
end-to-end unified communication technologies for the small- to
medium-business market. Ecuity uses secure next-generation voice
services, instant messaging, data transfer, internet, conference
calling and enterprise software to create solutions that meet the
communication needs of today's business world. As a
facilities-based carrier, Ecuity has operated as a traditional
telephone company for 17 years, providing service to thousands of
customers across the country. Through the integration of web-based
telecommunications and cutting-edge software technology, Ecuity
economically delivers secure unified communication solutions that
break down distance, time and media barriers to allow people to
communicate anywhere, anytime and across multiple mediums. Ecuity
has offices in Bellevue and Seattle, Washington. Available
virtually anywhere in the country and in international markets, it
takes only a phone call to 1 877-4-ECUITY (1 877-432-8489) or visit
http://www.ecuity.net/ to order service. This report includes
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934. The information in this news
release includes certain forward-looking statements that are based
upon assumptions that in the future may prove not to have been
accurate and are subject to significant risks and uncertainties,
including statements as to the future performance of the company.
Although the company believes that the expectations reflected in
its forward-looking statements are reasonable, it can give no
assurance that such expectations or any of its forward-looking
statements will prove to be correct. Factors that could cause
results to differ include, but are not limited to, successful
performance of internal plans, product development acceptance, and
the impact of competitive services and pricing and general economic
risks and uncertainties. For more information, please contact: For
Ecuity: ----------- Laina Cole Telephone: (206) 210-5030 Investor
Relations ------------------ Truc Nguyen VP, Investor Relations
Stern & Co. Telephone: (212) 888-0044 Media Relations
--------------- Stan Froelich VP, Media Relations Stern & Co.
Telephone: (212) 888-0044 DATASOURCE: Ecuity, Inc. CONTACT: For
Ecuity: Laina Cole, Telephone: (206) 210-5030, ; Investor
Relations: Truc Nguyen, VP, Investor Relations, Stern & Co.,
Telephone: (212) 888-0044, ; Media Relations: Stan Froelich, VP,
Media Relations, Stern & Co., Telephone: (212) 888-0044, x
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