Access Power Announces 3,000,000 Minutes Per Month International Termination Agreement; Company to Provide IP Telephony Services From United States to Philippines.PONTE VEDRA BEACH, Fla.--(BUSINESS WIRE)--March 9, 1999--Access Power Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:ACCR ACCR Accrue ACCR Aluminum Conductor Composite-Reinforced (3M) ACCR Association des Centres Culturels de Rencontre ACCR Association Canadienne pour la Conservation et la Restauration (Ottawa, ON, Canada) ), a pioneer service provider of Internet telephony Another term for IP telephony and VoIP. In the late 1990s, some people made a distinction between Internet Telephony and VoIP: Internet telephony referred to voice over the public Internet, while VoIP referred to voice over private IP networks. , Tuesday announced it has been awarded a three year contract to provide Internet telephony services to Access Universal Inc., a Texas corporation. Access Universal will be assuming the existing customer base and existing voice telecommunications traffic of Trademaster International, a Texas company, and Universal Services Enterprises Inc., a Florida corporation for the purposes of this contract. The agreement calls for a minimum 3,000,000 minutes per month of traffic between the United States and the Philippines to be handled by the Access Power Advanced Communications(tm) network. "By selecting the Access Power network, Access Universal is able to offer its customers the lowest rates available in the prepaid calling card industry today without sacrificing quality of service," said Maurice Matovich, chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Access Power. "We see this agreement with Access Universal as a stepping stone to help us penetrate the Asia Pacific communications market." "We chose Access Power to provide Internet telephony services over the competition because of their commitment to quality," said Felix Medina, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Access Universal. "Access Power has demonstrated that their IP network has the capacity, reliability and advanced service capabilities to handle Access Universal's communication needs." About Access Power Access Power Inc. (OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. :ACCR - news) of Ponte Vedra Beach, Fla., is a pioneer service provider of Internet telephony. The company offers low-cost PC-to-phone, phone-to-phone and Web-to-phone communications. For additional information visit Access Power's World Wide Web site at http://www.accesspower.com. Statements contained in this press release which are not historical facts are "forward-looking statements" within the meaning given to that term in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. The company intends that such forward-looking statements be subject to the safe harbors created thereby. Since these statements involve risks and uncertainties and are subject to change at any time, the company's actual results could differ materially from expected results. |
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