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Access Power To Launch New Teleconferencing Service; PowerConferenceCall To Serve Growing Business Communications Market.


Business Editors/Technology Writers

PONTE VEDRA BEACH, Fla.--(BUSINESS WIRE)--March 13, 2002

Access Power, Inc., (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
: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) 
), announced today the planned second quarter launch of PowerConferenceCall(TM), an audio conferencing See audioconferencing.  service.

Audio conferencing is a segment of the collaboration industry, which also includes web-based conferencing such as video, chat and application-sharing. Estimates of the overall collaboration industry are about $3 billion in annual revenue, most of which is currently in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . Forecasts are for an annual compound growth rate of about 30% that could grow the industry to over $10 billion within five years.

PowerConferenceCall(TM) is designed to be easy to use, feature rich and value-priced. The initial market focus is on small and medium-sized professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products.  firms most likely to respond to the combination of ease of use, features and value. For more information, visit http://www.powerconferencecall.com.

Glenn Smith, 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. , said, "We are entering the collaboration industry in the largest segment - audio conferencing - utilizing the public switched telephone network. Longer term, we believe that the growth will continue to shift to more elaborate collaboration product suites that draw increasingly upon Internet-based features - ultimately we should see even the audio conferencing portion shift to the web, a shift we will promote and service."

PowerConferenceCall(TM) will be introduced by integrating conference bridge facilities into existing infrastructure and developing new web and telephony based interfaces. Conference bridges, the underlying technology component that supports audio conferencing, allows a company's geographically-dispersed employees and associates to participate in an audio conference call, and to manage how these calls are conducted.

Brad Benton, recently-appointed President and CFO See Chief Financial Officer. , says, "Our first phase of operation will be feature-rich and easy to use, so that the tools are there if you want them but they won't be in your way if you don't. For example, you can start a PowerConferenceCall(TM) as soon as an issue arises using an assigned toll-free number and dialing out to multiple participants. Or you can set-up a call in advance to send notifications, reminders and get detail of who was on when. In any case, there is a complete suite of features available during the call to manage everything from security to interaction controls to how calls start and end."

To date Access Power has completed business planning, design and initial development for PowerConferenceCall(TM).

About Access Power, Inc.:

Formed in 1996, Access Power, Inc. (OTCBB:ACCR) is a pioneer provider of global Internet-based communications. The Company's consumer-oriented web portal See portal. , FreeWebCall.com(TM), offers a full suite of collaboration services including audio, text chat, video conferencing See videoconferencing.

(communications) video conferencing - A discussion between two or more groups of people who are in different places but can see and hear each other using electronic communications.
, document sharing and program sharing. PowerConferenceCall(TM) is an easy to use, feature rich audio conferencing service for business and is scheduled for debut during the second quarter of this year.

Note:

Statements 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.
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Mar 13, 2002
Words:530
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