WorldGate Announces Service Provider Agreement with F&E Communications
New Agreement is First of Several That Will Be Announced over the Next Several Weeks as WorldGate Launches Its Turn-Key Digital Video and Voice Service
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REVOSE, Pa., Jan 29, 2010 (BUSINESS WIRE)—WorldGate (OTCBB:WGAT.OB), a leading provider of digital voice and video phone services and next generation video phones, has announced a new service provider agreement with F&E Communications. Under the terms of the agreement, F&E will sell WorldGate’s digital video communication services. This agreement marks the debut launch of WorldGate’s turn-key services platform which provides speed-to-market capability with minimal risk and investment.
F&E Digital Video and Voice Phone Services Powered by WorldGate includes:
Digital Video and Voice Services
-- High-quality digital video phones allowing users to instantly see and hear family and friends on a real-time video connection.
Global IP Network
-- Session Initiation Protocol (SIP) technology optimized for digital voice and video.
Complete Back-End Support
-- Order entry, provisioning, inventory management, billing, credit and collections, customer care and technical support.
“The launch of our turn-key digital video and voice service is one of the most exciting initiatives WorldGate plans for 2010,” said George E. Daddis, Jr., Chief Executive Officer of WorldGate. “The combination of F&E’s extensive experience and expertise with new technology services makes them an excellent partner. With excitement rising around the emergence of video as the next major Internet application and the interest we’ve seen in our offering, this is a fantastic start to WorldGate’s growing channel partner program.”
WorldGate’s digital video phone unites high-resolution video and outstanding audio quality with enhanced phone features including a digital photo frame and the ability to connect to a larger display. The phone’s sleek design and large seven-inch, high-resolution screen transforms a traditional phone call into a true-to-life experience. Large buttons and user-friendly graphics make it simple to use for people of all ages. With unlimited calling plans and low international calling rates, users can spend 25%-50% less than their traditional phone service. A new calling plan designed for family and friends calling circles will also be introduced.
“The team at F&E is looking forward to bringing family and friends closer together through WorldGate’s innovative video phone technology,” said Ovidio Flores, Chief Executive Officer of F&E. “WorldGate’s revolutionary video phone services redefines everyday communication and we are thrilled to bring that to our customers.”
F&E currently provides professional installation services for satellite dish systems including Direct TV, TimeWarner and Verizon. F&E serves the greater Los Angeles area. The official F&E digital voice and video phone services launch is planned to take place in mid-February.
About WorldGate
Founded in 1996, WorldGate is a leading provider of digital voice and video phone services and next generation video phones. In today’s increasingly busy world where family and friends are spread throughout the globe, WorldGate unites the lives of people in an effortless and affordable way using next generation video communications technologies. In addition to offering the latest in video technology, WorldGate also provides a turn-key communication services platform supplying complete back-end support services with best-in-class customer service. WorldGate designs and develops innovative digital video phones featuring high quality, real-time, two-way video. This unique combination of functional design, advanced technology and use of IP broadband networks provides true-to-life video communication. As a result, WorldGate brings family and friends closer together by offering a new way to experience communication--through an immediate video connection allowing them to instantly hear and see each other for a face-to-face conversation. For more information, please visit http://www.wgate.com.
This press release may contain forward-looking statements that are made pursuant to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Expressions of future goals and similar expressions including, without limitation, expressions using the terminology “may,” “plans,” “expects,” “anticipates,” “forecasts,” and expressions which otherwise reflect something other than historical fact (including the official product launch date of F&E Digital Video Phone Services) are intended to identify forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the timing of F&E’s finalization of the product offering on WorldGate’s digital video communication services, F&E’s determination to delay the product launch date, the timing of WorldGate’s implementation of the final operational support systems to offer the F&E Digital Video Phone Services and the factors described in the Company’s filings with the Securities and Exchange Commission. The actual results may differ materially from any forward-looking statements due to such risks and uncertainties. No obligation is undertaken to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
SOURCE: WorldGate