Cesky Telecom a.s. Adds Additional International Destinations to its Xcall Service.Business Editors PRAGUE, Czech Republic Czech Republic, Czech Česká Republika (2005 est. pop. 10,241,000), republic, 29,677 sq mi (78,864 sq km), central Europe. It is bordered by Slovakia on the east, Austria on the south, Germany on the west, and Poland on the north. & SUNRISE, Fla.--(BUSINESS WIRE)--July 20, 2000 Cesky Telecom a.s. is Providing Xcall(TM) Service In Conjunction With its American Partner Ursus Telecom Corporation (Nasdaq:UTCC UTCC University of Thai Chamber of Commence UTCC United Technologies Communications Company ) The joint stock company Cesky Telecom a.s. (Czech Telecom) introduced nine new international destinations on July 15, 2000 to its Xcall service that provides customers in the Czech Republic with the least expensive telephone connection to the most frequently called international destinations. The nine new international destinations are: Australia, New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. , Israel, Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. , Taiwan, Turkey, Mexico, Brazil, and Argentina. This brings the total number of X-Call Destinations to 29 as of July 15, 2000. It is the vast success obtained by the initial launch of Xcall(TM), on the 23rd of March 2000 that induced Cesky Telecom to increase the number of international destinations offered by the Xcall(TM) program. "It is encouraging to see Cesky Telecom adding this new list of destinations to Xcall(TM)," said Luca Giussani, 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 Ursus, the underlying carrier of the VoIP solution to Xcall(TM), "as it shows the success of our robust VoIP technology that meets the expectations of an incumbent international carrier. With the European holiday season approaching we expect to see Cesky Telecom increasing even further the number of international destinations offered by Xcall(TM). About Cesky Telecom: Czech Telecom is the dominant operator in the Czech republic. Czech Telecom has nearly 4.0 million lines serving the residential and business sectors throughout the country. Czech telecom operates a modern high speed digital network in the Czech Republic and is the second largest provider of telecom services in Central Europe Central Europe is the region lying between the variously and vaguely defined areas of Eastern and Western Europe. In addition, Northern, Southern and Southeastern Europe may variously delimit or overlap into Central Europe. . About Ursus Telecom: Ursus Telecom is an International Phone Company with retail operations throughout Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. , Middle East, Africa and Europe, and wholesale and retail operations in the United States. Ursus Telecom is a specialist in Carrier Grade VoIP solutions worldwide. Statements in this news release that relate to future plans, financial results or projections, events or expected performance in future periods are forward-looking statements and fall within the 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. provisions of 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. While management wishes to provide readers with reasonable opinions and viewpoints with respect to the Company's progress, marketplace acceptance, business opportunities, and fiscal performance, such statements, opinions and viewpoints are forward-looking and involve risks and uncertainties, including risks of changing conditions in the overall economy, the capital markets, the computer and telecommunications industries, as well as risks of changing consumer demand and the success of the Company's business strategies and other factors detailed in the Company's annual and other reports filed with the Securities and Exchange Commission. |
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