VoIP Inc. Acquires 1-800-TALKTIME Brand
Company Expects Brand to Be the Household Name for VOIP Telephone Services
MIAMI -/25 Feb, 2005 - The Wi-Fi Technology Forum/- VoIP Inc. (OTCBB: VOII) announced today at the INTERNET TELEPHONY Conference & EXPO that it purchased the 1-800-TALKTIME® registered trademark and other assets from Creative Marketing Associates, Inc. The terms of the Asset Purchase Agreement were not disclosed.
"VoIP, Inc. is committing substantial financial resources to promoting our new brand," said Steven Ivester, CEO of VoIP Inc. "1-800-TALKTIME is the brand that will be used for a new retail voice-over-IP, subscriber-based telephone service, competing head-to-head with the likes of Vonage® and AT&T's CallVantage® (NYSE: T). Until now there has not been a true brand connection to VOIP service. Just like Kleenex®, Xerox®, Coke®, Clorox®, Windex® and other household names, 1-800-TALKTIME will become the name synonymous with VOIP services.
Three vanity telephone numbers, 1-800-TALKTIME, 1-888-TALKTIME and 1-877-TALKTIME were acquired along with the domain names 800TALKTIME.COM, 1800TALKTIME.COM and 1-800-TALKTIME.COM and a U. S. Registered Trademark for 1-800-TALKTIME.
"We now have the brand name needed to propel the most affordable VOIP service to the masses in the U.S. and Canada and eventually throughout the World," added Ivester. "More news regarding our official launch date, aggressive rate plans and service features will be forthcoming. 1-800-TALKTIME is all about the way that VOIP was meant to be."
Maynard Small, President of Kansas City based Creative Marketing Associates, Inc said, "Steven Ivester is a VOIP visionary. I believe his choice of the easy-to-spell and remember, 1-800-TALKTIME toll-free vanity phone numbers and matching domain names will help him achieve his VOIP marketing goals like 1-800-FLOWERS has done to make their business successful. Memorable phone numbers can generate up to twice the TV and ten times the radio direct response sales compared to advertising difficult to remember generic numbers," added Small.
Other Voice Over IP companies include Deltathree Inc. (NASDAQ:DDDC - News); 8x8 Inc. (NASDAQ:EGHT - News); Primus Telecommunications Inc. (NASDAQ:PRTL - News).
About VoIP, Inc.
http://www.voipinc.com
VoIP, Inc. is an emerging global service provider of superior quality Voice over IP based solutions offering residential and business customers more user friendly and affordable ways to communicate. VoIP, Inc. also manufactures products and provides services to Internet Service Providers, Telecommunication Service Providers and Cable Operators in strategic countries around the world. VoIP, Inc., through its subsidiaries, provides a comprehensive portfolio of IP multimedia-based solutions ranging from subscriber based voice services, to SIP based infrastructure design and deployment, to broadband customer premise equipment design and implementation services, as well as engineering design, manufacturing and distribution of wireless broadband technology. VoIP, Inc. has applied for a patent for its state of the art VoIP Multimedia Terminal Adaptor which today supports the FCC Commission's desire for VoIP providers to deliver Emergency 911 Calling, Disability Access, and Law Enforcement Access capabilities to the marketplace.
VoIP, Inc. is a featured Company on www.TelecomIndustryStocks.com