Affordable Telecommunications Technology Enters Into Agreement With ACCXX Communications.HOUSTON -- Affordable Telecommunications Technology Corp. (Pink Sheets:ATCT ATCT Airport Traffic Control Tower (FAA) ATCT Air Traffic Control Tower ATCT Air Traffic Control Transponder ATCT Analog Toll Connecting Trunk ) is pleased to announce that its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , Everybody's Phone Company (EPC (1) (Entertainment PC) See HTPC. (2) (Electronic Product Code) A standard code for RFID tags administered by EPCglobal Inc. (www.epcglobalinc.org). ), has entered into an agreement with ACCXX Communications (www.accxx.com), headquartered in Oldsmar, Florida Oldsmar is a city in Pinellas County, Florida, United States. The population was 11,910 at the 2000 census. As of 2004, the population recorded by the U.S. Census Bureau is 13,706.[1] Oldsmar's history dates to 1913 when automobile pioneer Ransom E. , to provide EPC's customers with long distance calling and Internet access See how to access the Internet. at substantial savings to regular carrier rates. ACCXX Communications (ACCXX) is a facilities based, licensed Integrated Communications Provider offering its customers high quality switched and dedicated voice long distance, unified Messaging, and retail Services including Dial-up Internet at the lowest possible price, with costs as low as 3.9 cents per minute on domestic long distance calling and 6.0 cents per minute for international calling. Dial-up Internet is also offered at 30% below AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services. and other ISP (1) See in-system programmable. (2) (Internet Service Provider) An organization that provides access to the Internet. Connection to the user is provided via dial-up, ISDN, cable, DSL and T1/T3 lines. providers. The principals of ACCXX have enjoyed over 15 years of meaningful relationships with quality wholesale and retail distribution channels. ACCXX uses the high quality fibre optics networks of Quest and Global Crossing. "It has always been our goal to provide our customers with an attractive long distance calling package in addition to the pre-paid telephone services that we currently offer. We are pleased to be working with ACCXX to offer supplemental services that will give our customers an additional choice of products to enhance their home telephone experience. This agreement with ACCXX also compliments our strategy of offering our services through non-profit organizations. These organizations will receive commissions when their members sign up for pre-paid service, long distance calling, and Internet access. These funds can then be used for each organization's chosen cause," said Steven Bethke, President and 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 Affordable Telecommunications Technology. About Affordable Telecommunications Technology Corp. Affordable Telecommunications Technology Corporation, www.atct.us, is a development stage telecom services company focused on marketing a selection of pre-paid telephone services through its wholly owned subsidiary, Everybody's Phone Company, www.epc-us.com. The Company intends to market these services to customers and businesses initially in the densely populated Gulf Coast region of Texas through a direct sales force and third-party retail stores. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement Statements contained in this release, which are not historical facts, may be considered "forward-looking statements" under 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. Forward-looking statements are based on current expectations and the current economic environment. We caution the reader that such forward-looking statements are not guarantees of future performance. Unknown risk, uncertainties as well as other uncontrollable or unknown factors could cause actual results to materially differ from the results, performance or expectations expressed or implied by such forward-looking statements. This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are forward-looking statements. Forward-looking statements are subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Among those risks, trends and uncertainties are our estimate of the sufficiency of existing capital sources, our ability to raise additional capital to fund future operations, our assumptions regarding the competitive restructuring and deregulation Deregulation The reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry. Notes: Traditional areas that have been deregulated are the telephone and airline industries. of the electricity market, competition from utility companies, our dependence on the services of certain key personnel and our ability to manage our growth successfully. In particular, careful consideration should be given to cautionary statements made in the various reports Affordable Telecommunications Technology Corporation files with the Securities and Exchange Commission. The Company undertakes no duty to update or revise these forward-looking statements. |
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