CONTINUED GROWTH OF CALL MINUTES DURING JUNE 2005
FOR XFONE 018 IN ISRAEL
July 6, 2005
LONDON & TEL AVIV, Israel – (PR Newswire) – July 6, 2005 – XFONE 018 Ltd., the majority owned Israel-based subsidiary of XFONE, Inc. (AMEX:XFN), today reported that its “018” international long distance carrier operations in Israel processed over 4.8 million call minutes in the month of June 2005, representing a 37% increase over 3.5 million call minutes processed in May 2005. The notable increase was largely driven by accelerated growth of incoming call traffic from other countries over XFONE 018's switching system.
As of June 30, 2005, XFONE 018 had logged approximately 105,000 registered and unregistered users since first launching operations in mid-December 2004, including approximately 17,000 new registered and unregistered users during June 2005.
“Our intense sales and marketing efforts in Israel over the past six months, emphasizing the numerous benefits of choosing ‘018’ for all international long distance calling needs, are proving to be very effective. It is becoming apparent that as people living and working in Israel travel abroad, they are remaining committed to using 018 long distance carrier services, irrespective of where in the world they may be calling from,” stated Rafi Dick, Managing Director of XFONE 018. “We are very pleased to see the rapid adoption of and loyalty being shown to our 018 services by our growing customer base and expect that this growth will continue as we progress in our business.”
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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