NeTrue Announces European Capacity as Clearinghouse Expands.Business Editors & High Tech Writers LOS ANGELES--(BUSINESS WIRE)--Sept. 26, 2001 NeTrue Communications Inc. (CDNX CDNX See Canadian Venture Exchange (CDNX). :NTU NTU - Network Termination Unit .U) today announced availability of cellular and fixed European routes as the reach and capacity of the N-Gage clearinghouse expands. NeTrue launched the clearinghouse with an established customer base in Asia. Recognizing the opportunity for both fixed and cellular 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 traffic in Eastern and Western Europe Western Europe The countries of western Europe, especially those that are allied with the United States and Canada in the North Atlantic Treaty Organization (established 1949 and usually known as NATO). NeTrue has focused on bringing in partners to the clearinghouse that can provide the key termination points in this market. NeTrue now offers more than 25 fixed and cellular routes in Eastern and Western Europe including popular routes such as UK cellular and Turkey and Russia. "The clearinghouse is an ideal solution in the current economy," said Eric Gurr, Chief Executive Officer, NeTrue Communications. "The market is demanding that companies move beyond selling products and provide business solutions. The clearinghouse does that by allowing customers to expand their network without additional investment." Launched on May 1, 2001 the N-Gage clearinghouse brings together Regional Service Providers from around the world to exchange Voice over IP traffic. N-Gage utilizes Open Settlement Protocol to provide a secure and anonymous environment for clearinghouse members. The clearinghouse routes traffic according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. customer established rules, Least Cost or Best Value routing. NeTrue provides clearinghouse members with weekly settlement reports and provides billing services to customers around the world. "The value of the NeTrue clearinghouse is its ability to add network capacity without changing member's current method of business," said Ken Williams There are various persons named Ken Williams, which include:
"As we solidify our presence in Asia and Europe, we will move forward to target the enormous opportunity for VOIP in the Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. region," added Mr. Williams. About NeTrue Communications Inc. NeTrue Communications Inc. (CDNX:NTU.U) is a provider of end to end IP-based communications solutions. NeTrue's core technologies include the N-Solutions, flexible modules for the management of voice and data over IP and N-Gage, the NeTrue clearinghouse. N-Gage is a community of VOIP providers around the world, sharing VOIP traffic on member networks. For more information please visit www.netrue.com THE CANADIAN VENTURE EXCHANGE The Canadian Venture Exchange (CDNX) is now a defunct stock exchange having been acquired by the TSX Group in 2001 and renamed the TSX Venture Exchange. History of the Canadian Venture Exchange (CDNX) INC. HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. |
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