Data Access America To Provide International Long Distance Calls Globally Through Agreement With ITXC.Business Editors NEW YORK--(BUSINESS WIRE)--May 29, 2003 Agreement supplements the connectivity that Data Access and ITXC (Internet Telephony Exchange Carrier Corporation, Princeton, NJ, www.itxc.com) The largest IP exchange carrier in the world. ITXC was acquired by wholesale telco provider Teleglobe Bermuda Ltd. in 2004 and then by Videsh Sanchar Nigam Ltd. established in India when the country deregulated a year ago Data Access America Inc, a 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. of Data Access (India) Ltd., today announced an interconnect agreement with ITXC Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : ITXC), one of the world's leading international voice carriers, as part of Data Access' entry into the U.S. telecommunications market. Under the terms of the agreement, Data Access will offer customers international telephony services to and from the United States over ITXC's global Voice over IP (VoIP) network ITXC.net(R). "The agreement with ITXC is an extension of a relationship that has been successful for both parties. It facilitates our ability to offer international long distance in the United States," said Mr. Siddhartha Ray, founder & managing director of Data Access India Ltd. "ITXC provides us a faster time-to-market advantage, lower capital and operating costs while supplying significant advantage to our worldwide customers via the high quality that ITXC's international network delivers." Through its relationship with ITXC, Data Access has immediate access to ITXC.net, the world's largest international VoIP network, which reaches over 175 countries. The interconnect agreement allows Data Access America to terminate traffic from ITXC into India and for ITXC to terminate calls from Data Access America over ITXC's global network. ITXC also has access to Data Access' global network for delivering high quality service through Data Access' PoPs in London, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Hong Kong, and all major Indian cities. "We are pleased to continue to work with Data Access and congratulate them on their new venture Data Access America," said Mr. Steve Ott, executive vice president of Global Sales for ITXC. "We are proud to have begun working with Data Access in India when the country deregulated last year, and look forward to continuing to exchange traffic with them as one of their key global network services providers." About Data Access India Limited Incorporated in 1999, Data Access is the fastest growing Indian telecom company. It is one of the first 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. licensees in India to set up its own private international gateways, thereby ending the monopoly of VSNL VSNL Videsh Sanchar Nigam Limited (India) in international carrier business in the year 2000. Data Access India Ltd. is the second largest ILD (Inter Layer Dielectric) The insulation used between layers of aluminum or copper wire that interconnect the transistors in a chip. There are three to four layers in a memory chip and five to seven in a logic chip with hundreds of meters of wiring. player in India. The company created history when it cornered a massive 30% market share in ILD services in India within just two months of its launch in July 2002. Promoted by SPA enterprises Ltd., India, Data Access is maintaining its monopoly-breaking track record in the Indian telecom market by being the first Indian private voice carrier to deliver large scale voice traffic on its own network. The company operates several telecommunications licenses in India, the United Kingdom and the United States for voice, data and broadcasting services. Data Access is also the first Indian company to be granted a 'full carrier license' to offer ILD and NLD NLD abbr. nonverbal learning disorder services in the US. Its American subsidiary - Data Access America Inc recently commenced operations to offer ILD services across the US, Canada, Caribbean and the Latin American market. The company has two distinct networks based on TDM (Time Division Multiplexing) A technology that transmits multiple signals simultaneously over a single transmission path. Each lower-speed signal is time sliced into one high-speed transmission. technology and IP. Both the networks offer high Call Completion Rate (CCR 1. CCR - condition code register. 2. CCR - (Database) concurrency control and recovery. ) and superior voice clarity. Please visit www.dataaccessindia.com for more details. About ITXC ITXC Corp. is one of the world's leading carriers based on minutes of international traffic carried. As a carriers' carrier, ITXC serves all major carriers in the US; many incumbent carriers worldwide including China Telecom, PLDT PLDT Philippine Long Distance Telephone Company , Telkom South Africa, Telecom Colombia, Telenor, Telia, and VSNL; and emerging and competitive carriers including COTAS-Teledata in Bolivia, Vietel in Vietnam and Data Access in India. ITXC also serves a growing number of mobile carriers including China Mobile, one of the world's largest mobile carriers. ITXC is the global market share leader in VoIP international calling with approximately 20% of the market, according to TeleGeography 2003. ITXC was also the Fastest Growing Technology Company in North America according to the 2002 Deloitte & Touche Technology Fast 500 ranking. For more information about ITXC, please visit www.itxc.com. |
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