VoIP News: IPtimize to Provide Exclusive Digital Voice Solution to Independent Cable Operator
VoIP News: IPtimize, Inc. (Pink Sheets: IPZI) ("IPtimize" or the “Company"), a broadband voice (VoIP) provider to Tier II and smaller markets, announced today that effective March 21, 2008, IPtimize has secured a contract with Allen’s TV Cable Service, Inc. ("Allen’s") to be the cable operator’s exclusive wholesale digital voice provider. This is IPtimize’s first such signed contract and represents a watershed “launching point” in its business plan execution. IPtimize intends to achieve rapid growth by establishing and leveraging many such cable operator partnerships, thereby gaining:
* Immediate and cost-effective entry into numerous cable markets nationwide and
* Access to large established cable customer bases, which are positioned perfectly for VoIP subscription upsell.
This milestone agreement enables Morgan City, LA-based Allen’s to offer its subscribers the “Triple Play” of bundled cable TV, Internet and voice services. By offering the consumer the benefits of discounted product offerings, one contact for customer service plus integrated billing, Allen’s expects that many of its existing customers will subscribe to the new VoIP offering.
“This contract with Allen’s is extremely exciting for IPtimize and represents the first step in executing our business plan to become a primary VoIP provider to Tier II and smaller markets,” stated IPtimize Chairman and CEO Ron Pitcock. “With our robust pipeline of interested independent cable operators looking to come on board, IPtimize is effectively positioning itself to capture an ever-increasing market share of the rapidly growing VoIP industry,” added Mr. Pitcock.
“Since our customers are accustomed to us delivering a high-quality cable and Internet service, we insisted that our VoIP partner have the same commitment to customers, reliability, redundancy and quality – a vision we found IPtimize to have,” stated Gregory Price, President of Allen’s. “We anticipate that our loyal customer base will be anxious to sign up for the new VoIP Telephony offering and to bundle the new offering with their existing digital and Internet services to take advantage of our discounted packages,” Price said.
About IPtimize, Inc.
IPtimize is a Denver-based broadband voice and data service provider that offers Voice over Internet Protocol (VoIP) to Cable TV operators in Tier II (approximately 100,000 or fewer households). Their simplified, best-of-breed, cost-effective turnkey solution enables Cable TV operators to offer “Triple Play” bundled services regardless of market size. IPtimize distinguishes itself from both conventional Telco’s and discount VoIP retailers by delivering reliable, managed service - agnostic of broadband provider or equipment. Please visit: http://www.iptimize.com/Public/investors/investors.html.
About Allen’s TV Cable Service, Inc.
Allen’s is a Louisiana corporation that provides South/Central Louisiana communities with cable television, data transport, broadband Internet access and other telecommunication services. A family-owned and operated business spanning three generations, Allen’s has provided services to Louisiana over the past fifty years, starting out as a community antenna system in Morgan City, LA. Today, Allen’s fiber optic/coaxial systems link points from New Orleans to Lafayette and Morgan City to Baton Rouge and beyond. Allen’s status as a Tier II Broadband Internet Access provider allows Allen’s to deliver True High Speed (THS®) services to its residential, commercial and industrial subscribers.