NEW YORK, Feb. 6, 2007 (PRIME NEWSWIRE) -- IVI Communications, Inc. (OTCBB:IVCM) (German WKN:A0DNWJ) announced a 26% increase in operating revenue for the quarter ended December 31, 2006 as compared to the previous quarter ended September 30, 2006.
Internet Business Consulting (IBC) posted $373,249 in revenue from equipment sales and consulting services for the third quarter ending December 31, 2006 as compared to $280,144 for the second quarter ended September 30, 2006. IBC, an award winning Motorola Authorized Canopy Solution Provider (ACSP), is a qualified HotZone Meshing and Point-to-Point solutions provider that derives over 90% of its revenue from equipment sales. IBC engineers, installs, and supports wireless broadband networks and is a provider of VoIP Internet telephony services as well.
AppState.Net, LLC (AppState) posted revenues of $70,687 for the third quarter ending December 31, 2006 as compared to $69,778 for the second quarter ended September 30, 2006. AppState.net recently announced the successful conclusion of the market testing of its pre-WiMAX fixed wireless broadband service in rural Boone, North Carolina. During the test, AppState.Net, LLC increased the broadband component of its service offering to 95% of total access services provided. The number of broadband customers doubled over the period and, as forecast, the Multi Dwelling Unit (MDU) market comprises over 50% of the total broadband customers.
Futura, Inc. (Futura) posted revenues of $117,550 for the third quarter of 2006 as compared to $95,474 for the second quarter ended September 30, 2006. Futura, that recently announced the completion of an engineering and RF site survey and the launch of the testing phase of its plan to provide fixed wireless broadband Internet access throughout the State of Arkansas, is in negotiation for lease financing of the network build-out.
"We are pleased with the success of our subsidiary companies and the implementation of our strategy to acquire ISPs in rural America so that we can deploy WiMAX fixed wireless broadband access. As our business plan matures, the synergies between subsidiaries will have greater impact on our growth, both organic and by acquisition," stated Charlie Roodenburg, CFO of IVI Communications, Inc.
To see an interview of Nyhl Henson, Chief Executive Officer of IVI Communications, go to this link: http://media4.streamtoyou.com/cadavis/IVCM.wmv.
About IVI Communications, Inc.
IVI Communications (www.ivcm.net) is implementing a threefold strategy; to acquire local Internet Service Providers (ISPs), deploy WiMAX fixed wireless broadband Internet access, and offer broadband services such as VoIP and Internet based entertainment services. IVI Communications' business plan is to deliver wide spread availability of broadband Internet access to rural towns across America.
Safe Harbor
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.