XFONE COMMUNICATION
LAUNCHES “018” INTERNATIONAL
TELECOM SERVICE IN ISRAEL'S $330 MiLLION MARKET
XFONE, Inc. Takes
Another Step For Market Growth
December 14, 2004
LONDON, UK & TEL AVIV, ISRAEL - (BUSINESSWIRE) – December
14, 2004 – XFONE Communication Ltd., a majority-owned
subsidiary of XFONE, Inc. (OTCBB:XFNE), a provider of
international voice and data communications services,
today announced the official launch of Israel’s newest
international carrier service, marketed as “018”. In Hebrew
Numerology ("Gimatry"), the numbers “018” symbolize “life”.
With no obligations or upfront fees required, international callers located in Israel need only to dial “018” followed by the destination phone number to enjoy the multiple benefits afforded by XFONE’s carrier system, now in full operation. Offered at a price per minute that is as much as approximately 35% less than the most competitive carrier in Israel, XFONE Communication also permits users to predetermine the cost per minute by dialing “01800”. Moreover, XFONE Communication has established a state-of-the-art web site, found at www.018.co.il, where users may also access "real time" detailed information relative to pricing, full service offerings, and general information regarding system use.
At a press conference this morning, held in Tel Aviv, Israel, XFONE Communication executives addressed several dozen members of the media, unveiling the numerous benefits that consumers may derive when using XFONE’s new international calling services. Rafi Dick, President of XFONE Communication, noted, “With a comprehensive marketing campaign underway, driven by sophisticated ads in leading Israeli newspapers, XFONE is very excited to welcome its new customers, and looks forward to quickly emerging as Israel’s preferred international carrier service provider.”
Not present at the conference but reached for his comments, Guy Nissenson, Chief Executive Officer of XFONE, Inc., stated, “We have developed a highly differentiated international telecom company in Israel, that is focused on utilizing state-of-the-art technology, including a web-based interface, to offer ‘018’ users with the most cost-efficient, transparent and easy-to-use International calling service available in Israel, while enhancing the way people use the telephone to reach their friends, loved ones and business associates. From a growth point of view, this launch of XFONE Communication represents what could be one of XFONE, Inc.'s areas of growth over the coming years.”
Currently, there are only six companies who have been granted carrier licenses in the State of Israel, where the international calling market exceeded $330 Million in 2003.
About XFONE, Inc.
A U.S.-domiciled corporation, XFONE, Inc. is an international voice, video and data communications services provider with operations in the United Kingdom, the United States and Israel that offers a wide range of services, which include: local, long distance and international telephony services; prepaid and postpaid calling cards; cellular services; Internet services; messaging services (Email/Fax Broadcast, Email2Fax and Cyber-Number); and reselling opportunities. The Company serves customers across Europe, Asia, North, Central and South America, Australia and Africa.
This press release contains forward-looking statements.
The words or phrases "should," "would
be," "will allow," "intends to,"
"will likely result," "are expected to,"
"will continue," "is anticipated,"
"estimate," "project," or similar
expressions are intended to identify "forward-looking
statements." The Company's financial results reflected
above should not be construed by any means as representative
of the current or future value of its common stock.
All information set forth in this press release, except
historical and factual information, represents forward-looking
statements. This includes all statements about the company's
plans, beliefs, estimates and expectations. These statements
are based on current estimates and projections, which
involve certain risks and uncertainties that could cause
actual results to differ materially from those in the
forward-looking statements. These risks and uncertainties
include issues related to rapidly changing technology
and evolving standards in the industries in which the
Company and its subsidiaries operate; the ability to
obtain sufficient funding to continue operations, maintain
adequate cash flow, profitably exploit new business,
and license and sign new agreements; the unpredictable
nature of consumer preferences; and other factors set
forth in the Company's most recently filed annual report
and registration statement. Readers are cautioned not
to place undue reliance on these forward-looking statements,
which reflect management's analysis only as of the date
hereof. The Company undertakes no obligation to publicly
revise these forward-looking statements to reflect events
or circumstances that arise after the date hereof. Readers
should carefully review the risks and uncertainties
described in other documents that the Company files
from time to time with the Securities and Exchange Commission.
| For More Information, Please Contact: |
 |
| U.S.
IR Contact |
Israel IR Contact |
John Nesbett/Jennifer Beloeau
Institutional Marketing Services (IMS)
Phone: 1.203.972.9200.
E-mail: jnesbett@institutionalms.com |
Zvi Rabin
Kwan Communications
Tel: (Israel) +972 50 560 0140
E-mail: zvi@kwan.co.il |
|
| Xfone Contact |
|
Niv Krikov
Chief Financial Officer
Phone: + 972.39254446 (Israel)
E-mail: E-mail: niv@xfone.com |
|
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