VANCOUVER, British Columbia, June 28, 2004 (PRIMEZONE) -- VoIPMDU.COM (Pink Sheets:VPMD) today announced that it has added pay per view event broadcasting to its existing suite of VoIP products and services. The addition of this rapidly expanding segment of revenue-based broadcasting is a result of the Company's recently announced venture partnership with INSINC, a North American pioneer in the delivery of streaming video. (See release dated April 21st, 2004, www.voipmdu.com/april21pr.php)
The Company's production team has been producing quality television, film festivals, worldwide product launches, employee communications programs, national talent searches and pay-per-view sports events for major national and international clients since 1996. As part of its joint venture partnership agreement, INSINC will provide a wide range of business relationships and network infrastructure components including access to its worldwide Internet distribution system that accesses over 15,000 serves in over 65 countries. The INSINC network will provide World class Tier 1 Network access and offer a full range of connectivity services including ADSL, SDSL, ISDN, T1, Ethernet, Fast Ethernet Gigabit Ethernet, DS-3, satellite and ATM services.
"The addition of pay-per-view event broadcasting to our present range of VoIP products and services adds a whole new vista of opportunity for VoIPMDU.COM because it opens the door to thousands of potential corporate clients and of course, a potentially huge revenue stream," stated VoIPMDU.COM Chairman and CEO Richard Kipping.
The Company's pay-per-view broadcasting will include large-scale, live video distribution in multiple formats in Windows Media, RealPlayer and QuickTime. Pre-registration, audience notification and multiple data rates from 28.8 Kbps to broadband feed (100 to 750 Kbps), along with specialty netcasting options for pay-per-view and restricted access netcasts will be offered. Enhancement options including audience reporting tools to assist in tracking and measuring online viewer/listener behavior, together with interactive applications such as chat, real-time polling and questionnaires to enhance and boost audience participation will be additional options for the Company's pay-per-view clients. "Click and buy" e-commerce functions for direct selling will also be made available.
VoIPMDU.COM (www.voipmdu.com) is a broadband VoIP telecom company offering local and long distance VoIP services and video on demand to consumers, business owners and multiple dwelling unit buildings. The Company provides turnkey solutions for all of its voice/video/data applications including a state-of-the-art billing platform. INSINC (www.insinc.com) was formed in 1997 to take advantage of opportunities created by the emergence of real-time streaming and TCP/IP-based communications technologies. A privately held company, it has spent the last six years developing the networking capabilities, software tools, production facilities and human resources to deliver first class IP-based communications solutions to corporate and media clients.The Company will manage switch partitioning, co-location requirements, network operation services and wholesale VoIP long distance termination and origination requirements.
For further information, please contact (604) 646-5633 or info@voipmdu.com.
Safe Harbor:
This news release may include forward-looking statements within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities and Exchange Act of 1934, as amended, with respect to achieving corporate objectives, developing additional project interests, the Company's analysis of opportunities in the acquisition and development of various project interests and certain other matters. These statements are made under the 'safe harbor' provisions of the United States Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements herein.