Destia Communications, Inc. and Freeserve Limited Launch UK e-Commerce Telephone Service; Presto Phone, First Service of its Kind.PARAMUS, N.J.--(BUSINESS WIRE)--May 20, 1999-- Destia Communications, Inc. (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 : DEST DEST Destination DEST Destroy DEST Department of Education, Science and Training (Australia) DEST Department of the Environment, Sport and Territories (Australia) ), announced today that its United Kingdom subsidiary and Freeserve , the United Kingdom's largest internet service provider Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. and a leading UK internet portal, have launched Presto Phone, the first e-commerce telephony service in the United Kingdom. Alfred West, Destia's 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. noted that "the alliance with Freeserve is another example of our commitment to providing exciting communications services to our retail customers. As we continue TO expand our customer base in each of our target markets, we will be continuously searching for the most innovative ways to reach the communications user. By launching Presto Phone with Freeserve, we can immediately reach the exploding market of UK consumers who enjoy the speed and efficiency of buying on the web." Presto Phone, created by Destia, is a pre-paid, code-access telephone account that features real time call record viewing, allowing members instant access to their call details and quick confirmation of their new account, which they can use immediately. Freeserve offers a fully featured free Internet service An ISP that provides access to the Internet without charge to the user. The service is supported by advertising which appears on a special version of the user's browser and cannot be eliminated. NetZero (www.netzero. throughout the UK, and Presto Phone is the first part of Freeserve's new communications channel Also called a "circuit" or "line," it is a pathway over which data are transferred between remote devices. It may refer to the entire physical medium, such as a telephone line, optical fiber, coaxial cable or twisted wire pair, or, it may refer to one of several carrier frequencies . Presto Phone joins a host of content recently added to the Freeserve portal, including an education channel and a money channel. Freeserve chief executive, John Pluthero John Pluthero is the Executive Chairman, UK of Cable and Wireless, having joined following the sale of Energis having been its CEO. He joined the Energis in September 2002 to execute its turnaround strategy. , said, "Freeserve members and visitors to the site will really see the difference in their phone bill by switching to Presto Phone. The latest partnership with Destia Communications means that everyone who uses the service via Freeserve can cut their phone bills overnight." Freeserve, a part of the Dixons group, was launched in 1998 and was the first company to offer a fully featured free Internet service UK wide. Destia is a facilities-based provider of domestic and international long distance telecommunications services in North America and Europe. Destia provides its customers with a variety of retail telecommunications services, including international and domestic long distance, calling card and prepaid card services, and wholesale transmission services. About Freeserve Limited: -- Freeserve, a part of the Dixons Group, was launched on 22nd September 1998. It was the first company to offer a fully featured free internet service UK wide and is now the country's largest 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. . -- Freeserve is available on a free CD in all Dixons, Currys, PC World, The Link and @jakarta stores in the UK and is primarily intended for home users and small office/home office See SOHO. business users. -- Freeserve has won the 1998 Best Internet Product or Service Award, presented by Future Publishing's PC Plus, Retail Week's new product launch of the year award and the best consumer ISP at the 1999 ISPA ISPA International School Psychology Association ISPA Internet Service Providers Association ISPA Instituto Superior de Psicologia Aplicada (Portugal) ISPA International Spa Association ISPA Istituto di Scienze delle Produzioni Alimentari awards, the Yahoo! new media marketeer of the year award at the Revolution awards ceremony and the Online Service Provider award at the PC Direct Awards 1999 For further information on Freeserve contact: Cara Tavinor/Sarah Miles Justine Moon Marbles Dixons Group Press Office Tel: 01491 411789 Tel: 01442 354515 Email: ctavinor@marbles.co.uk Email: justine.moon@dixons.co.uk smiles@marbles.co.uk Certain statements herein are "forward-looking statements" (as such term is defined in 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). These statements are based upon the belief of Destia's management, as well as assumptions made beyond information currently available to Destia's management. Because such "forward-looking statements" are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such "forward-looking statements". Factors that could cause results to differ materially from those expressed or implied by such "forward-looking statements" include, but are not limited to, highly competitive market conditions; general economic conditions; the rate of expansion of Destia's network and/or customer base; inaccuracies in Destia's forecasts of telecommunications traffic or customers; changes in the availability of transmission facilities; customer retention and credit risk; changes in or developments under laws, regulations, licensing requirements or telecommunications standards; currency fluctuations; changes in retail or wholesale telecommunications rates; changes in international settlement rates; the loss of the services of certain members of Destia's senior management and other factors discussed in filings made by Destia with the Securities and Exchange Commission. The foregoing review of important factors should not be construed as exhaustive; Destia undertakes no obligation to release publicly the results of any future revisions it may make to any forward-looking statements to reflect events or circumstances after the date hereof, including the occurrence of unanticipated events. This release, and prior releases, are available on the KCSA KCSA Krannert Center Student Association KCSA Kentucky Crushed Stone Association (Frankfort, KY) KCSA Kyiv City State Administration KCSA Kalamazoo Christian School Association KCSA Kentucky-Canadian Studies Association Public Relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most Worldwide website at www.kcsa.com. |
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