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Vistula Communications
and Envox IP Announce the Official Launch of the First VoIP-Based
Retail Call Shops in Venezuela
Following Recent Trial Deployments Vistula’s
V-Cube™ VoIP Platform Will Be Widely Distributed and
Supported Across Venezuela
New York and Caracas, Venezuela
– November 29th, 2006 - Vistula Communications Services
Inc. (OTCBB: VSTL; www.vistula.com),
a global supplier of flexible and reliable Voice over Internet
Protocol ("VoIP") services to major telecommunications
carriers and Internet service providers, announced today that
Envox IP, a leading telecommunications VoIP carrier in Venezuela,
officially deployed it’s first of a series of franchised
retail call shops across the country, following several months
of trial deployments of Vistula’s VoIP technology platform,
V-Cube™.
Based exclusively on Vistula’s V-Cube™ VoIP platform,
Envox and a group of local equipment and software providers
will deploy a proprietary VoIP-based telephony solution that
runs on Venezuela’s most commonly used call shop equipment
and software. This will allow for very quick and easy installation
of a VoIP offering at a fraction of the equipment and software
costs typically associated with the installation of a standard
PSTN solution.
Envox will have this proprietary V-Cube-based VoIP solution
deployed across a number of call shops in Venezuela by the
first week of December, with further installations scheduled
for completion by years end. Driven by early demand in the
VoIP service, Envox is expected to install Vistula’s
V-Cube-based VoIP solution in approximately 60 call shops
within the next six to twelve months, with revenues from these
initial deployments expected to begin in December.
“Our VoIP offering is the first of its kind to be marketed
by a licensed telecommunications carrier in Venezuela. By
leveraging Vistula’s V-Cube VoIP platform, we are able
to provide a cost effective IP-based solution to each of our
call shop franchises, giving each of them a competitive advantage
over the traditional call shops that utilize PSTN solution,”
stated Mr. Jorge Sierra, Envox’s President.
Envox has a clear advantage over the competition in the call-shop
sector, including:
- Voice Traffic Cost Reduction: VoIP based calling allows
for voice traffic cost reductions of at least 15-20%. Cost
savings that go straight to the bottom line of these small
business owners.
- Online Access: Online access gives these small business
owners the ability to have direct control over the voice
operations in each call shop from anywhere, something currently
not available anywhere in the market.
- New Services: With this solution, these call shops can
now offer services such as Conference Calling, Video Conferencing,
Fax Service and Internet browsing.
Rupert Galliers-Pratt, Chairman and CEO, Vistula said “We
are proud to have Envox as a partner in Venezuela. Our dynamic
relationship has been very rewarding as Envox integrates our
V-Cube platform into the call shop market. With V-Cube, Envox
gains a feature rich and turnkey VoIP platform that effectively
enhances their product suite. We look forward to growing even
further with Envox in the coming year.”
About Envox
Envox is the first Venezuelan telecommunications carrier
to run a pure VoIP service. With the backing of a strong management
team and a significant financial institution, it has positioned
itself as the first true regulated VoIP carrier in Venezuela.
The company’s philosophy is to provide and constantly
seek to improve the range of value-for-money products and
services and to back these up by first class customer support.
About Vistula
Vistula Communications Services, Inc. (OTC Bulletin Board:
VSTL) is a telecommunications company providing hosted, managed
VoIP (Voice over Internet Protocol) services to carriers,
cable operators, service providers and transit network operators.
Vistula features solutions that enable telecommunications
providers to rapidly deploy VoIP services over converged infrastructure
through an integrated applications suite. Vistula has already
signed DirecPath, which provides bundled DIRECTV programming,
broadband voice and data and security services to multiple
dwelling units (MDU) and gated-community owners, Telstra Global
business unit, as well as IUSACom in Mexico, among many other
international carriers and ISPs that have fully deployed or
are currently testing the V-Cube(TM) platform. Vistula trades
on the OTCBB under the symbol: VSTL.
"Forward-Looking Statements''
This press release contains certain forward-looking statements
within the meaning of the "safe harbor" provisions
of the Private Securities Litigation Reform Act of 1995, which
reflect management's expectations regarding future events
and speak only as of the date hereof. Our actual results,
performance or achievements may differ significantly from
the results, performance or achievements discussed in or implied
by the forward-looking statements. Factors that could cause
such a difference include material changes in our business
or prospects, difficulties obtaining financing to fund our
operations, failure to establish brand recognition for our
products, failure to retain existing customers or attract
new customers, failure to compete effectively in our industry,
general market and economic conditions, and other factors
that are detailed from time to time in Vistula Communications
Services ’ SEC reports, including those detailed in
our Annual Report on Form 10-KSB for the fiscal year ended
December 31, 2004. Vistula Communications Services disclaims
any intent or obligation to update any forward-looking statements.
Contact:
Harrison Wise
Rubenstein Public Relations
P: 212-843-8001
E: hwise@rubensteinpr.com
Bill Swalm
Rubenstein Investor Relations
P: 212-843-8094
E: bswalm@rubensteinir.com
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