PORTLAND, Ore., Oct. 17, 2003 (PRIMEZONE) -- Bolstered by the continued success of its residential long distance calling plan, Nettel Telecom International (NTI), a wholly owned subsidiary of Nettel Holdings, Inc. (OTCBB:NTTL) today introduced its $99 unlimited long distance calling plan, available for businesses nationwide.
NTI's phone-to-phone service utilizes Internet protocol to conveniently and inexpensively place phone calls around the world. Phone-to-phone calls placed through NTI's network originate and terminate on the Public Switched Telephone Network (PSTN), but travel primarily over the company's IP network.
By simply dialing a local access number, NTI's system will automatically recognize the phone number dialed and allow the business to call out without using any additional codes or PIN. In fact, no change in long distance service providers is required to utilize the service.
The NTI service is "complementary" in nature and provides a lower-cost alternative that is available 24-hours a day, 365 days a year. Calls can be made anywhere in the 48 states, but without the traditional "per minute" charges.
Michael Nguyen, President of Nettel Holdings, Inc. stated, "The fixed-fee billing system avoids uncertainty, as the charge is the same every month regardless of the number of calls made. In addition, customers can expect to enjoy considerable savings over traditional long distance companies, and the quality is excellent."
Nguyen added, "Feedback from the beta testing of the $99 unlimited calling plan for business has been overwhelmingly positive. We have also let three news media services try our VoIP phone to phone service, The Oregonian, Channel 6 news, and Channel 12 news."
According to Ken Body of channel 6 news, "Sounds like any other phone to me."
Pete Ferryman of Channel 12 news commented, "We have several people in the newsroom who tried out the service and everyone said it was good."
Nettel will continue to take advantage of emerging technologies for the benefit of its customers. The Company plans to bring its subscribers numerous other digital services soon, all priced at flat rates. Expansion into international markets should soon follow. As these new products and services are developed and expansion plans are formalized, more information will be provided.
Businesses can sign up for this service by going to our website at www.netteltelecom.com or calling our office at 503-222-6018.
About Nettel Telecom International
Nettel Telecom International (NTI), a wholly owned subsidiary of Nettel Holdings, Inc. is a high-growth, cutting-edge telephony company in the exploding VoIP industry. We deliver affordable, high-quality, telephony related products and services to the enterprise, residential and wholesale communities. We are constantly searching for value added products and services to be implemented across our managed virtual private network (VPN). Our network uses VoIP (Voice over Internet Protocol) technology, the next generation in telephony transmission
In addition, NTI is an ICP (Integrated Communications Provider) offering pre-paid calling card, long-distance services, and wireless. Our products are designed for both the residential consumer and business markets.
About Nettel Holdings
Nettel Holdings Inc. is a holding company owning subsidiaries engaged in a number of diverse business activities, the most important of which are Telecommunication and Software. The wholly owned subsidiaries of Nettel Holdings are Nettel Telecom International, VoipXchange.net, and EnTec Software. In addition, the Company operates Nettel Trading which offers the trading of Metals, Chemicals, and other commodities.
Safe Harbor
Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results in the future to differ materially from forecasted results. These risks and uncertainties include, among other things, the company's ability to attract qualified management, raise sufficient capital, and effectively compete against similar companies.