AMERICAN STOCK EXCHANGE LISTS COMMON STOCK OF XFONE, INC.
June 8, 2005
NEW YORK, June 8 /PRNewswire/ -- The American Stock Exchange® (Amex®) today listed the common stock of XFONE, Inc., under the ticker symbol XFN.
XFONE, Inc. is incorporated in Nevada, headquartered in London, UK and provides international voice and data communications through three subsidiaries: Swiftnet, Ltd., which has conducted communications service operations in the United Kingdom since 1990. XFONE USA, Inc., which provides local and long distance telephone service, cable television and high-speed Internet service to customers in Mississippi, Alabama, Louisiana, Florida and Georgia through its own facilities-based, telecommunications switching systems; and XFONE 018, Ltd., which is one of only six licensed international long distance carriers in Israel. The Company serves customers in 75 countries across Europe, Australia, North America, South America, Asia and Africa.
"We are extremely pleased to have XFONE, Inc. join our growing roster of telecommunication technology companies," said John McGonegal, senior vice president of the Amex Equities Group. "And we look forward to assisting XFONE in building a long-term shareholder value and raising the company's visibility in today's market."
"This marks yet another significant milestone for XFONE," stated Guy Nissenson, chief executive officer of XFONE. "Being welcomed onto the American Stock Exchange is a significant step forward in the full implementation of our business strategy and we believe it would help increase awareness to a broader investment community of our Company and stock."
The specialist in XFONE, Inc., will be Cohen Specialists
LLC. For further information on XFN and other Amex-listed
companies, please visit http://www.amex.com.
The American Stock Exchange® (Amex®) is the only primary
exchange that offers trading across a full range of equities,
options and exchange traded funds (ETFs), including structured
products and HOLDRS(SM). In addition to its role as a
national equities market, the Amex is the pioneer of the
ETF, responsible for bringing the first domestic product
to market in 1993. Leading the industry in ETF listings,
the Amex lists 156 ETFs to date. The Amex is also one
of the largest options exchanges in the U.S., trading
options on broad-based and sector indexes as well as domestic
and foreign stocks. For more information, please visit
http://www.amex.com.
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 |
|
RETURN TO PRESS RELEASES MAIN
PAGE
|
