XFONE 018
SIGNS NEW CORPORATE CUSTOMERS TO "SIMPLE." CELLULAR
SERVICE
JANUARY 24, 2007
Jackson, MS & Petach Tikva, Israel – January 24,
2007 – XFONE, Inc. (AMEX, TASE: XFN), an
international diversified communications services
company, today announced that its Israeli subsidiary,
Xfone 018 Limited, has enrolled several significant
corporate customers in the company's new international
cellular service program, "SIMPLE.". New subscribers
include Amdocs and Elbit Systems among other large
Israeli corporations.
SIMPLE. is an innovative cellular service that
significantly reduces international roaming costs,
allowing Xfone customers to dial and receive calls in
almost 100 countries around the world while conveniently
using the same phone number.
Mr. Rafael Dick, Managing Director of Xfone 018,
Xfone, Inc.'s Israeli subsidiary, said, "As more and
more businesses rely on cellular service as their
primary communications vehicle, the demand for seamless,
cost effective international roaming is growing
everyday. Xfone 018's SIMPLE. service positions us as a
key player in the approximately $190 million roaming
market in Israel."
Mr. Guy Nissenson, President and CEO of Xfone, Inc.,
commented, "We continue to focus on organic growth by
providing cost-effective, innovative offerings to our
customers. While SIMPLE. is limited right now to our
Xfone 018 customers in Israel, we are pursuing
opportunities to expand this valuable service into other
markets around the world and expect that the appeal of
this service will help drive our continued growth in
2007."
"SIMPLE." is a Registered Trademark of Xfone 018.
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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