Canadian IT Angels Invest in eRing Solutions to Implement itRings! Internet Call Management Service Worldwide.Business Editors MONTREAL--(BUSINESS WIRE)--June 11, 2000 eRing Solutions inc., a Montreal (Canada) based company, has received equity financing Equity Financing The act of raising money for company activities by selling common or preferred stock to individual or institutional investors. In return for the money paid, shareholders receive ownership interests in the corporation. from leading Canadian IT angels to take its marketing and sales strategy Worldwide. In only a few months, eRing Solutions has signed partnerships for itRings! with ISPs in the USA, Canada, South Korea, the Philippines, Israel, Palestine and is about to sign deals with many more partners. eRing Solutions' marketing and sales team is actively reaching new markets signing deals with ISPs, portal sites Noun 1. portal site - a site that the owner positions as an entrance to other sites on the internet; "a portal typically has search engines and free email and chat rooms etc. and telephony companies from around the World every week. We have decided to take advantage of the global environment that the Internet offers" explains Luc St-Arnaud, President of eRing Solutions. Our service is already offered for free through 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. where we have a fantastic response. We now want to expand our service in new markets where we can reach millions of new users every month". Leaders of the Canadian IT economy have shown great confidence in itRings! potential and hope to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. the network that eRing Solutions is developing around the World. itRings! is one of the Canadian start ups contributing to the reputation of Montreal Of Montreal is an American indie pop band formed in Athens, Georgia, fronted by Kevin Barnes. It was among the second wave of groups to emerge from The Elephant 6 Recording Company. as an International Center for New Technology. Internet call management is the hot new service in network-based value-added services A value-added service (VAS) is a telecommunications industry term for non-core services or, in short, all services beyond standard voice calls and fax transmissions. . Estimates made by the Yankee Group (the Yankee Group, Boston, MA, www.yankeegroup.com) A major market research, analysis and consulting firm founded in 1970 by Howard Anderson. It provides general consulting and strategic planning in the computer and communications field. and IDC show that the market for such services could reach 10 billion dollars over the next three years reaching between 20 and 25 million users in the United-States alone. eRing Solutions addresses the needs of companies involved in the new economy. ISPs, portal sites, telephony companies and computer makers can integrate a branded version of itRings! to their products and services, offering this value-added telephony service to their customers under their own name. eRing Solutions is an Internet application service provider that offers a free and unique solution to the busy signal problem for dial-up users. itRings! is the only call management service that allows a conversation between the caller (using an ordinary telephone) and the person at the computer (through speakers and microphone) without interrupting the Internet session. itRings! also displays the caller's name and telephone number and offers voicemail service, taking the caller's message even if the user is not on-line. About eRing Solutions: eRing Solutions is a leader in call management services on the Internet. Its flagship service called itRings! offers call display, voice mail and a unique feature that allows dial-up internet users to talk with callers without disconnecting from the Web. itRings! offers a free version (with banner advertisements) as well as a paying version with no advertisement. Thousands of new Internet See Web 2.0 and Internet2. users subscribe to Verb 1. subscribe to - receive or obtain regularly; "We take the Times every day" subscribe, take buy, purchase - obtain by purchase; acquire by means of a financial transaction; "The family purchased a new car"; "The conglomerate acquired a new company"; itRings! in the USA, Canada, the Philippines, South Korea, Israel and Palestine every month. For more informations, visit our website at: www.itRings.com |
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