mobiclear Contracts With Worldwide Internet Telephony Service Provider for Telephonic Connectivity
October 20 2008 - 7:00AM
PR Newswire (US)
MANILA, Philippines, LAGUNA HILLS, Calif. and HARRISON, N.Y., Oct.
20 /PRNewswire-FirstCall/ -- mobiclear, Inc. (OTC Bulletin Board:
MOBI; Frankfurt: B3CA), (http://www.mobiclear.com/) , owner of the
unique, patent pending Personal Identification Verification
solutions system to help eliminate credit and debit card fraud,
announced today that it has contracted with Telwise Corporation,
Harrison, New York, a full service Internet Telephony Service
Provider, for Telwise to provide telephonic connectivity for
mobiclear. Founded in 2004, Telwise offers Voice over IP (VoIP) and
Virtual Private Network solutions over managed IP networks.
mobiclear will utilize Telwise's VoIP system to send telephone
calls for the users of credit cards utilizing mobiclear's PIV
security. "mobiclear's PIV technology requires an immediate PIN
confirmation by phone from the card holder for a credit card
transaction to be approved. This provides an extraordinary new
level of protection to eliminate credit card fraud or misuse," said
Stephen P. Cutler, mobiclear CEO. "We are pleased with the service
provided by Telwise and believe they will be an excellent partner
for us as we move forward in providing our services." Jaime
Dula-Mallari, V.P. of Management Information Systems, Telwise
Corporation, said, "Integrating Telwise's unique solutions with
mobiclear PIV technology has extended the requirements and
securities to fight credit card frauds. Our innovative solution
will help to expand and reach the market for both companies and
drive new revenue to our customers. These ventures have combined
the strength of both parties, mutually beneficial to each other and
bring a cost-effective solution to the marketplace." About Telwise
Corporation: Telwise Corporation (Harrison, New York).
(http://www.telwise.us/), is an FCC telecom licensed operator
offering Service Providers, Enterprise customers and select
partners a suite of next generation voice and data solutions. Our
innovative solutions enable service providers to build converged
network and to offer network based "plug and play" voice and data
services for their residential and enterprise markets. Enterprise
customers also deploy Telwise services within their own networks to
take advantage of the obvious economies of a single multi-purpose
IP network. Telwise has built a robust, reliable IP network
infrastructure around the globe, with our own managed POPs in the
U.S., Canada, Philippines, UK, Hong Kong, China and with our select
partners as well as our global strategic alliance. About mobiclear:
mobiclear, Inc. (OTC BB: MOBI; Frankfurt: B3CA),
(http://www.mobiclear.com/), headquartered in Manila, Philippines,
offers a range of solutions to credit card and debit card fraud
based on its patent-pending Personal Identification Verification
system. It also offers products to ensure against fraud in all
electronic transactions, including telephone and Internet
transactions. Note: Certain statements in this news release may
contain "forward-looking" information within the meaning of rule
175 under the Securities Act of 1933 and Rule 3b-6 under the
Securities Act of 1934 and are subject to the safe harbor created
by those rules. We use words such as "anticipate," "believe,"
"expect," "future," "intend," "plan," and similar expressions to
identify forward-looking statements. These statements including
those related to being in a large and growing market, exhibiting
rapid growth characteristics, and having a growth strategy, are
forward looking statements. These forward looking statements are
only predictions and are subject to certain risks, uncertainties
and assumptions. Some of the risks, uncertainties and assumptions
that could cause actual results to differ materially from estimates
or assumptions in this press release include the risk that we will
not be able to grow our revenues and market share, the risk that
our prices do not remain competitive and the risk that we will not
achieve profitability. Additional risks are identified and
described in the Company's public filings with the Securities and
Exchange Commission, including our most recent Report on Form
10-KSB, and Reports on Form 10-Q and Form 8-K. Statements made
herein are as of the date of this press release and should not be
relied upon as of any subsequent date. The Company's past
performance is not necessarily indicative of its future
performance. The Company does not undertake, and the Company
specifically disclaims, any obligation to update any
forward-looking statements to reflect occurrences, developments,
events, or circumstances after the date of such statement. CONTACT:
mobiclear, Inc. Paul Knopick E & E Communications (949)
707-5365 DATASOURCE: mobiclear, Inc. CONTACT: Paul Knopick of E
& E Communications, +1-949-707-5365, , for mobiclear, Inc., or
Web Site: http://www.mobiclear.com/ http://www.telwise.us/
Copyright