XFONE’S ISRAEL
‘018’ SELECTED AS EXCLUSIVE
INTERNATIONAL LONG DISTANCE PROVIDER AT ISRAEL’S NEW
PASSENGER TERMINAL AT BEN GURION AIRPORT
Exclusive Agreement Signed
Between XFONE Communication Ltd. and
an Authorized Contractor for the Israeli Airport Authority
Makes ‘018’
Default International Long Distance Carrier for Airport
Pay Phones;
In Addition, XFONE Communication Named As Sole Provider
of
International Long Distance Calling Cards to be Sold
throughout
New Passenger Terminal
March 14, 2005
LONDON & TEL AVIV, Israel - (PR Newswire) – March 14, 2005 - XFONE Communication Ltd., the majority owned Israel-based subsidiary of XFONE, Inc. (OTCBB:XFNE), today reported that it has signed an agreement with an authorized contractor of the Israeli Airport Authority (“IAA”) giving XFONE Communication the exclusive right to provide international long distance calling services at Ben Gurion Airport’s new passenger terminal, which is the main active terminal for international flights in Israel. In 2004, over 7.5 million international passengers flew in and out of the Tel Aviv’s Ben Gurion Airport, Israel’s largest international airport.
As a result of this exclusive agreement, all pay phones located in the new passenger terminal will automatically default to XFONE Communication’s ‘018’ system for all international long distance phone calls. Further, XFONE Communication has been granted the exclusive right to market and sell international long distance calling cards through vending machines, which are situated in high-traffic areas throughout the terminal, thereby offering a wide range of prepaid international long distance calling cards to international travelers.
Rafi Dick, Managing Director of XFONE Communication, noted, “This is an enormous step forward for XFONE Communication and its ‘018’ international long distance calling service. Aside from the revenue opportunity that this agreement represents for us, we believe that the marketing exposure we will receive will be enormous. Being selected to serve the international long distance calling need for the millions of international travelers that pass each year through Israel's largest airport is a strong endorsement of ‘018’ and the numerous benefits our services offer.”
About ‘018’
Offered at a price per minute that is sometimes as much
as 50% less than the most competitive carrier in Israel,
XFONE Communication’s ‘018’ is fast becoming one of the
preferred long distance calling services. 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. There are only six companies
who have been granted international long distance carrier
licenses in the State of Israel.
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 |
John Nesbett/Jennifer Beloeau
Institutional Marketing Services (IMS)
Phone: 1.203.972.9200.
E-mail: jnesbett@institutionalms.com |
|
| Xfone Contact |
|
Niv Krikov
Chief Financial Officer
Phone: + 972.39254446 (Israel)
E-mail: E-mail: niv@xfone.com |
|
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