MediaCom Enables Corporations to Cut Remote Workers' Phone Bills Through Least Cost Call Routing Service; Volume Buying Program Reduces Cost of Telecommuting By 40 Percent.BEDFORD, Mass.--(BUSINESS WIRE)--Aug. 16, 1999-- MediaCom Telesystems, Inc. the leader in advanced least-cost call routing solutions for business and private phone systems, is enabling businesses to take control of their employee's telecommuting telecommuting, an arrangement by which people work at home using a computer and telephone, transmitting work material to a business office by means of a modem and telephone lines; it is also known as telework. expenses through use of the PhoneGenie(TM) least-cost call routing device. PhoneGenie, through it's ability to do multi carrier least cost routing A feature of a telephone system that automatically connects an outgoing telephone call with the telephone service that costs the least to that location at that time of day. Depending on how it is programmed, least cost routing will either drop down to the second most-efficient service if right from the device itself, delivers significant telephony Meaning "sound over distance," it refers to electronically transmitting the human voice. In the beginning, telephony dealt only with analog signals in the circuit-switched networks of the telephone companies. cost savings to companies with remote, home office and field office workers without the need for expensive private networks to take advantage of corporate home office discounts. MediaCom is now offering a program where companies can purchase PhoneGenie units at a volume discount and distribute them to employees for use in home or satellite offices. PhoneGenie users will be able to take full advantage of rates that are equivalent to those enjoyed by large companies through MediaCom's patent pending least cost routing technology. "For businesses with large numbers of teleworkers, phone expenses have skyrocketed as hundreds of long distance calls and faxes are made by employees during the busiest and most expensive part of the work day," said Bob Pokress, MediaCom 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. and Chairman. "With PhoneGenie, we are able to deliver great rates on all calls all the time; companies will not have to pay retail prices at home or in satellite offices nor worry about overpaying on their remote office phone bills. About PhoneGenie The PhoneGenie is a least cost routing device that searches through a database of carriers contained within the unit and automatically chooses the best option as each call or fax is dialed, all without any intervention by the user. Callers simply pick up the phone and dial a voice or fax call as usual. PhoneGenie units are automatically updated each month to take into account new carriers added to the database at new lower rates. In addition, the only installation required is that of plugging the PhoneGenie into a phone jack. Once it is installed, it will support each phone in the house or office that uses that number. The calls are then billed to a credit card account and an itemized statement is sent to the user or manager. MediaCom's least cost routing technology serves as a smart gateway between a phone and the multiplicity mul·ti·plic·i·ty n. pl. mul·ti·plic·i·ties 1. The state of being various or manifold: the multiplicity of architectural styles on that street. 2. of phone networks and new network technologies now available as a result of industry deregulation Deregulation The reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry. Notes: Traditional areas that have been deregulated are the telephone and airline industries. . Smaller than a deck of cards, the PhoneGenie contains all the functionality needed to deliver true least cost call routing of toll, long distance and international calls and the ability to update itself automatically with new carrier and routing information. MediaCom's core technology, embodied em·bod·y tr.v. em·bod·ied, em·bod·y·ing, em·bod·ies 1. To give a bodily form to; incarnate. 2. To represent in bodily or material form: in PhoneGenie, selects the appropriate carrier on a call-by-call basis and makes the connection by the selected phone network almost instantaneously in·stan·ta·ne·ous adj. 1. Occurring or completed without perceptible delay: Relief was instantaneous. 2. and without special dialing by the caller. By creating a single purpose information appliance See Internet appliance. (hardware) Information Appliance - (IA) A consumer device that performs only a few targeted tasks and is controlled by a simple touch-screen interface or push buttons on the device's enclosure. dedicated to performing least cost routing of phone calls, MediaCom has made it simple for a company and it's employees to use PhoneGenie and obtain its significant economic benefits. By using the PhoneGenie, managers can expect to reduce their phone bills by half. This means huge savings for companies that have many employees that are telecommuting. In addition, when a company purchases the PhoneGenie in bulk, they will save on the initial cost of the product. Once the product is purchased, there are no additional fees or hidden costs making it more profitable for employees to work from home. "PhoneGenie provides the missing piece in the telecommuters IT arsenal," Pokress said. "By combining easy-to-use technology with a cost-busting service, PhoneGenie allows companies to get a handle on costs, helping further reduce work-at-home or field office operations costs. About MediaCom MediaCom Telesystems Inc., the leading provider of least-cost routing computer telephony See CTI, VoIP and IP telephony. Computer Telephony - Computer Telephone Integration products and services, is a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. located in Bedford, Massachusetts Bedford is a town in Middlesex County, Massachusetts, United States. It is within the Greater Boston area, some 15 miles north-west of the city of Boston. The population of Bedford was 12,595 at the 2000 census. . Founded in 1995 by a team of telecom industry veterans and pioneers of the computer-telephony industry, the company's mission is to bring easy-to-use products and services that eliminate the confusion of the phone industry and take the guess work out of getting the best phone rates to the small business, home office and residential markets. MediaCom can be found on the World Wide Web at http://www.phonemiser.com. |
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