Cybertel Communications Set to Launch VoIP Cphone.SAN DIEGO -- Second graph, second sentence should read: The Cphone, which attaches to a USB port on a computer ... (sted The Cphone, which attaches to a UBC UBC Uniform Building Code UBC University of British Columbia UBC Union of the Baltic Cities UBC United Brotherhood of Carpenters UBC Universal Battery Charger UBC Union of Baltic Cities UBC Universal Bibliographic Control UBC Used Beverage Cans port on a computer ...). The corrected release reads: CYBERTEL COMMUNICATIONS SET TO LAUNCH VOIP (Voice Over IP) A digital telephone service that uses the public Internet as well as private backbones instead of the traditional telephone network. Many companies, including Vonage, 8x8 and AT&T (CallVantage), typically offer calling within the country for a CPHONE Cybertel Capital Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :CYBT) announced today 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. , Cybertel Communications Corporation, is getting set to launch its own branded cyber phone, which will be named the Cphone. It is the company's intent to market the Cphone through the worldwide network of military exchange stores. The current cost to troops calling home from Iraq averages about 50 cents per minute. The Cphone, which attaches to a USB port on a computer, will be free to the troops when they purchase 500 minutes at 10 cents per minute. Subsequent minutes can be purchased at 4.9 cents per minute. The Cphone will eliminate the need for high-cost-per-minute phone banks and make it very easy both physically and economically for our troops to make calls back home and be able to talk with their loved ones. Currently there are approximately 140,000 Marines, soldiers, sailors and airmen serving in the Middle East. About Cybertel Capital Cybertel Capital is a holding company that acquires interests in privately held companies privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. . Cybertel Capital will also act as an incubator for profitable companies that would like to go public in the near future. Cybertel Capital will provide services to these companies and investment into their infrastructure that will enable them to become a public entity through dividend distribution to the shareholders of Cybertel Capital. 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 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: The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties, including, but not limited to, risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, governmental approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions, and other uncertainties detailed in the Company's filings with the Securities and Exchange Commission. |
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