ATLANTA, Nov. 7, 2008 (GLOBE NEWSWIRE) -- Flint Telecom Group, Inc. (OTCBB:FLTT), a fast growing telecoms technology & services company providing "turnkey" IP telecom services to global telecom and enterprise markets, announced today that it has partnered with 3S Telecom to deliver convergent telecom services.
Through the partnership, 3S Telecom can now deliver convergent telecom services to its customers. Flint Telecom provides outsourced, full service, full feature IP based telecom solutions based on leading telecom VoIP technology. 3S Telecom offers Flint's products and services as its own brand.
Flint Telecom has a clear value proposition to its partners using a unique revenue share model. This enables independent cable companies & ISPs, VARs and other service providers to offer 'own brand' white label telecom services without having to build or manage them themselves. Flint Telecom delivers all the value added services that manage the entire value-chain for 3S Telecom including billing, customer care, call routing, service provisioning and marketing support.
3S Telecom is a branded telecom solution targeting residential and business customers across the continental United States. Their customers can now benefit from the latest VoIP telephony, allowing them to experience telecom service beyond that provided by the traditional phone companies. 3S customers use the same phones, and experience at least the same quality of service. The major differences are significant cost savings and better customer care. Voice over the Internet (VoIP) uses the internet to carry voice calls over an existing Internet broad band service instead of calls being carried over the phone lines owned by traditional telecom companies. The VoIP technology delivered by Flint Telecom to 3S Telecom also provides customers with new features such as:
* Voicemail to Email: Customers can choose to have voicemail delivered by email and played on their PC's or over their phones. * Virtual Phone Numbers: Customers can have one or more virtual phone numbers located in other cities, states, or countries that ring at home/ office as a FREE call for the caller. * Geographic Mobility: Customers can take their phones with them anywhere in the world where there is broad band internet and make & receive calls as if their phone was at the home/office. * Free Inter-office calling: Customers can make truly FREE calls to remote offices and home workers over the Internet.
Flint's unique revenue share model offers a clear value proposition to its Partners. Although VoIP is already established as a disruptive telecom service with feature rich telephony at a lower cost, the technology is still in the early stages of mass market adoption. Flint's partners manage customer acquisition, customer management and churn while Flint provides "Telecom Services in a Box" with the services as part of the popular broad band or TV bundles. Importantly, Flint Telecom enables its partners to establish reliable, feature rich and cost effective digital phone services very quickly with zero capital investment.
"This partnership enables 3S Telecom to enhance the services we deliver to our customers, reduce churn, and enjoy good margins. Because the Flint model allows us to offer advanced, affordable technology, we can protect and retain ownership of our base as well as gain additional market share. Flint's attractive 'white label' telecom services mean that we can quickly and confidently deliver advanced new digital phone services to our customers. We entered the market with no capital investment for expensive telecommunications equipment and with no additional technical personnel, etc. 3S started generating new revenues from Flint's proven services virtually overnight. If we'd designed and built our own VoIP services, we would have had to make a substantial capital outlay and would have been much slower getting to market," stated Dennis Anderson, CEO, 3S Telecom.
"We are delighted to be able to add 3S Telecom to our growing list of Partners. We look forward to being able to provide the latest Telecom Technologies services to 3S Telecom's customer base, and the cost saving benefits that VoIP technology has already delivered to subscribers through our other partners. Flint Telecom offers a clear and unique value proposition to our Partners using a unique revenue share model, coupled with the ability to deliver services quickly to the partner's customer base. Flint enables its Partners to increase the value they deliver, and as the Partner still retains ownership of the subscriber from both a revenue and capital valuation perspective, the Partner can increase their own business valuation as result -- it's a winning model," stated Vincent Browne, Chief Executive Officer and Founder, Flint Telecom.
About Flint Telecom
Flint Telecom Group Inc. is a fast growing telecoms technology & services company providing "turnkey' IP telecom services to Global Telecom and Enterprise Markets. Flint Telecom areas of business include providing hosted technology and services to Independent Cable Companies, ISP's, VAR's and other operators who in turn sell full feature Digital Phone Service using VoIP to existing residential and business customers; providing voice and data termination services to other operators using Flint's own IP telecoms network and interconnection with larger carriers and delivering hosted alerting and mass notification services to Fortune 500 companies and Government agencies. Founded by telecom and technology entrepreneurs with a proven track record in building international technology companies Flint Telecom has been in business since 1993 and has been public for over 10 years. Flint Telecom has grown both organically and through corporate activity and is traded on the OTC Bulletin Board(r) (OTCBB) under the ticker FLTT.OB. Corporate headquarters are in Atlanta (GA), with a technology centre in New York (NY) and other operations in Boca Raton (FL) & Los Gatos (CA). European Headquarters are in Dublin, Ireland. For more information, please visit Flint's website at www.flinttelecom.com
About 3S Telecom
3S Telecom is fast growing telecommunications provider. 3S Telecom is a branded telecom solution targeting residential customers across the Continental United States. 3S's mission is to be the most customer focused telecommunications provider in the industry. We ensure that each of our company's actions demonstrate our belief that providing the best customer service available anywhere is the most important factor in our long-term success. We tailor our offerings to each individual customer and continually seek to innovate, add value and simplify all aspects of doing business with us. 3S combines its services with full web-enabled management of all equipment, lines and access required to deliver our customer's telecommunications solutions. For more information, please visit 3S Telecom's website at www.3stelecom.com
This press release contains forward-looking statements, which are made pursuant to the Safe-Harbor provisions of the Private Securities Litigation Reform Act of 1995. Words such as "expects," "intends," "believes," and similar expressions reflecting something other than historical fact are intended to identify forward-looking statements, but are not the exclusive means of identifying such statements. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, the ability to secure additional sources of finance, the ability to reduce operating expenses, and other factors described in the Company's filings with the Securities and Exchange Commission. The actual results that the Company achieves may differ materially from any forward-looking statement due to such risks and uncertainties. The Company undertakes no obligation to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.