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CCC GlobalCom Signs Agreement With TELKOM for International Telecommunications Services.


Business & High-Tech Editors

HOUSTON--(BUSINESS WIRE)--March 21, 2002

CCC CCC

A very speculative grade assigned to a debt obligation by a rating agency. Such a rating indicates default or considerable doubt that interest will be paid or principal repaid. Also called Caa.
 GlobalCom

Penetrates New, High-Demand International Market with Latest

Agreement; Offers Additional Entry Opportunities

Into Other Pac-Rim Countries

CCC GlobalCom Corporation (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
 BB: CCGC CCGC Canadian Coast Guard College
CCGC Canadian Coast Guard Cutter
), an emerging leader in high value telecommunications solutions, announced today that it has signed a cooperation agreement to expand VoIP traffic distribution and marketing of VoIP services with Indonesia-based Probis VoIP of Persero Telekomunikasi TBK (TELKOM), (Tokyo: POWL POWL Public Offering Without Listing (Japan) ) the principal provider of telecommunications services in Indonesia, effective March 2002.

CCC GlobalCom will be responsible for marketing TELKOM's Indonesia-based services from the U.S. and other countries. Under the terms of the agreement, services include termination of calls, such as phone-to-phone, fax, data, unified messaging Having access to e-mail, voice mail and faxes via a common computer application or by telephone. For example, unified messaging may send faxes and digitized voice mail to a mail server that turns them into e-mail attachments.  services, short message service, Email, VoiceMail and other enhanced services, as well as pre-paid calling card service, which can be sold in the U.S. and other countries for use in Indonesia.

CCGC will provide termination services of international traffic from Indonesia and other surrounding countries in the U.S. via its switching equipment in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , CA. In the future, CCGC expects to provide similar services in other countries in the Pacific Rim Pacific Rim, term used to describe the nations bordering the Pacific Ocean and the island countries situated in it. In the post–World War II era, the Pacific Rim has become an increasingly important and interconnected economic region.  and South East Asia East Asia

A region of Asia coextensive with the Far East.



East Asian adj. & n.
 areas with the assistance and sponsorship of TELKOM.

Dr. Nono F. Padmodimujo, a CCC GlobalCom consultant, stated, "This contract is very important for CCC GlobalCom and TELKOM to penetrate both national markets and, at the same time, utilize the capacity of their infrastructure to terminate and originate minutes in both parts of the world -- Indonesia and the United States."

"This agreement positions CCC GlobalCom as a leading Integrated Communications Provider in the international arena," stated Z. A. Hakim, chairman 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 CCC GlobalCom Corporation. "It represents an excellent platform for both companies to penetrate new markets in Asia and the U.S. and will serve as a road map to extend the same services to other countries, offering improved services and competitive rates to the customers of both organizations."

Probis VoIP of Persero Telekomunikasi TBK. is also listed on the Tokyo, Jakarta and Surabaya stock exchanges, as well as London and American exchanges.

CCC GlobalCom Corporation is an Integrated Communications Provider (ICP (1) (Internet Cache Protocol) A protocol used by one proxy server to query another for a cached Web page without having to go to the Internet to retrieve it. See CARP and proxy server. ) headquartered in Houston. CCC GlobalCom Corporation offers a full range of communications services to commercial and residential customers while providing a single point of contact through bundled billing services. CCC GlobalCom Corporation provides local, long distance, high-speed data, Internet, paging, and other enhanced communications services in the United States. In addition, CCC GlobalCom Corporation has extensive franchise operations in Latin America and is in the process of finalizing certain agreements for telecommunication services in South America. CCC GlobalCom Corporation is actively engaged in discussions and negotiations to acquire existing telecommunication service providers, customer bases and major telecommunication switching equipment to be deployed worldwide.

For additional information on CCC GlobalCom Corporation, please visit www.cccglobalcom.com.

Statements in this release, which express a belief, expectation, or intention, as well as those that are not historical fact, are forward-looking. They involve a number of risks and uncertainties, which may cause actual results to differ materially from such forward-looking statements. These risks and uncertainties include factors detailed from time to time in the Company's filings with the Securities and Exchange Commission.
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 21, 2002
Words:536
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