Fonix Telecom Now Certified in Georgia and Florida to Provide Local Exchange and Long Distance Services.ATLANTA -- Fonix Telecom, 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 Fonix(R) Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :FNIX), an integrated communications carrier providing telecommunications services and value-added speech technologies, received its Interexchange Company (IXC) and Competitive Local Exchange Carrier(CLEC (Competitive Local Exchange Carrier) An organization offering local telephone service that is not one of the traditional telephone companies. The Telecommunications Act of 1996 allowed competition to the incumbent telcos (ILECs), enabling new companies (CLECs) ) Certifications from Georgia Public Service Commission (GPSC) and Florida Public Service Commission Florida Public Service Commission (FPSC) is an independent regulatory agency serving the public of Florida by managing its public utilities such as telecommunications, electricity, natural gas, water, and wastewater. (FPSC) to provide local exchange and interexchange, specifically intrastate long distance and associated access services. Fonix Telecom will begin providing facilities-based, local telephone service and interconnection services in Georgia and Florida. As a facilities-based network provider, Fonix Telecom is able to simultaneously support traditional voice subscribers without the reliance upon the Incumbent Local Exchange Carrier ILEC, short for incumbent local exchange carrier, is a local telephone company in the United States that was in existence at the time of the break up of AT&T into the Regional Bell Operating Companies (RBOCs) also known as the "Baby Bells". (ILEC) switched services such as Unbundled Network Element Unbundled Network Elements (UNE) are a requirement mandated by the United States Telecommunications Act of 1996. They are the parts of the telecommunications network that the incumbent local exchange carriers (ILECs) are required to offer on an unbundled basis. -- Platform (UNE-P UNE-P Unbundled Network Element - Platform ). "These approvals enable our strategy to deliver multiple high-quality end-to-end telephone services as a facilities-based telecommunications company," says Dale Smith, Senior VP and GM, Fonix Telecom. "The addition of these licenses to these markets further strengthens Fonix Telecom's role as a leading provider of traditional and advanced products and services to residential and business customers in these states." About Fonix Telecom Fonix Telecom, Inc. is a facilities-based provider of retail and wholesale VoIP, Broadband and BPL communications services. Fonix Telecom is wholly owned subsidiary of Fonix Corporation and is based in Atlanta, Georgia. Visit www.fonixtelecom.com for more information, or call 866-486-4733. About Fonix Based in Salt Lake City, UT, Fonix Corporation. is an innovative communications and technology company that provides integrated telecommunications services and value-added speech technologies through Fonix Telecom Inc., LecStar Telecom, Inc. and The Fonix Speech Group Fonix Speech, Inc., offers “voice technology solutions” for mobile phone and wireless devices, interactive video games, toys, appliances, computer telephony systems and vehicle telematics. . The combination of interactive speech technology and integrated telecommunications services allows Fonix to provide customers with comprehensive cost-effective solutions to enhance and expand their communications needs. Visit www.fonix.com for more information, or call 801-553-6600 and say "Sales." Statements released by Fonix that are not purely historical are forward-looking within the meaning of the "Safe Harbor" 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, including statements regarding the Company's expectations, hopes, intentions and strategies for the future. Investors are cautioned that forward-looking statements involve risk and uncertainties that may affect the Company's business prospects and performance. The Company's actual results could differ materially from those in such forward-looking statements. Risk factors include general economic, competitive, governmental and technological factors as discussed in the Company's filings with the SEC on Forms 10-K, 10-Q and 8-K. The Company does not undertake any responsibility to update the forward-looking statements contained in this release. |
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