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May 24, 2007
XFONE USA
Opens New Sales Office in Baton Rouge
- Positions Company
to Build Presence In One of Fastest Growing
Commercial Centers in the Gulf Coast Region
Jackson, Mississippi May 24, 2007 XFONE , Inc.
(AMEX, TASE: XFN), an international diversified
communications services company, today announced that
its wholly-owned subsidiary, XFONE USA, will open a new
sales office in Baton Rouge, Louisiana. This new office
joins the existing offices in Jackson and Biloxi
Mississippi as well as Hammond and New Orleans
Louisiana.
The Baton Rouge market is the largest in Louisiana, has
achieved tremendous economic growth in the eighteen
months since Hurricane Katrina and is poised to become
one of the largest commercial centers in the Gulf
region, said Guy Nissenson, President and CEO of XFONE.
We are already a significant telecom player in
Louisiana and expanding our sales coverage to the
growing Baton Rouge market provides us with a valuable
opportunity to be part of the current and expected
prosperity of the region.
The office, which is expected to be operational in July,
will focus exclusively on developing new partnerships
with business customers.
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: |
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| U.S.
IR Contact |
John G. Nesbett/Jennifer Belodeau
Institutional Marketing Services (IMS)
Phone: 1.203.972.9200.
E-mail: jnesbett@institutionalms.com |
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| Xfone Contact |
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Niv Krikov
Chief Financial Officer
Phone: 1.806.771.1181
E-mail: niv@xfone.com
5307 W. Loop 289
Lubbock, TX 79414-1610
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