Twister Networks Executes Agreement To Sell VoIP Internet Phones & Services In Vietnam.IRVINE, Calif. -- Twister Networks, Inc. (Pink Sheets:TWTN) today announced that it has signed an agreement with Vietnam's VASC VASC Virginia Air and Space Center VASC Vision and Autonomous Systems Center VASC VeriFone Authorized Service Contractor VASC Voice and Access Systems Certification (Sprint) VASC Versatile Assign Signature Checking , a state-owned Software and Media subsidiary of Vietnam Post and Telecommunications. The agreement allows Twister Networks to implement its VoIP Internet phones and services in the country of Vietnam in cooperation with VASC. The agreement outlines a cooperative effort for Twister Networks and VASC to implement and market Twister's VoIP Internet calling See Internet telephony. solutions in the country of Vietnam. As a preferred VASC vendor, Twister Networks has been granted the right to appoint a Vietnam-based agent who is licensed to import Twister's products and services into the country of Vietnam. Bruce Thomsen, 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. of Twister Networks, commented: "Executing this agreement was the final stage to begin selling our VoIP products and services in the country of Vietnam. "We are excited to be working with the Vietnam government, VASC, and Vietnam Post and Telecommunications to bring our Internet calling solutions to the people of Vietnam. Now that we have been granted `clearance' to sell our solutions there, and having appointed our Vietnam-based agent, we are ready to begin sales in that country. "Execution of this agreement is in line with our business model to sell VoIP Internet calling devices in large lots of 500 to 25,000 at a time to distributors, wholesalers, and corporations around the world, specifically focused on the Asian, U.S., and European markets." For worldwide dealer, distributor, and wholesale purchasing opportunities, please contact Steven Dao at 866-780-0224 or sales@twisternetworks.com. To receive an Investor Kit for Twister Networks, or to join the Company's mailing list An automated e-mail system on the Internet, which is maintained by subject matter. There are thousands of such lists that reach millions of individuals and businesses. New users generally subscribe by sending an e-mail with the word "subscribe" in it and subsequently receive all new , please contact Twister Networks' Investor Relations Investor relations The process by which the corporation communicates with its investors. at 866-780-0224 or investors@TwisterNetworks.com. ABOUT VASC AND VIETNAM POST AND TELECOMMUNICATIONS CORPORATION VASC Software and Media Company is a subsidiary of Vietnam Post and Telecommunications (VNPT VNPT Vietnam Post and Telecommunication Corporation ). It is an information technology company and is known as a prestigious communications agency through its e-newspaper, Vietnam Net (www.vnn.vn), which attracts over 300 million visitors per month. Established in 1995, VNPT is the largest state-owned post and telecommunications company See telecom company. in Vietnam, with revenue in excess of $1.6 billion. The company operates the national backbone telecommunications system, as well as occupying a dominant market share in end-user services. For more information on VNPT, go to www.vnpt.com.vn. ABOUT TWISTER NETWORKS Twister Networks, Inc. (Pink Sheets:TWTN) provides Voice Over Internet Protocol See Internet and TCP/IP. (networking) Internet Protocol - (IP) The network layer for the TCP/IP protocol suite widely used on Ethernet networks, defined in STD 5, RFC 791. IP is a connectionless, best-effort packet switching protocol. (VoIP) communications solutions to Asian, Chinese, U.S., and European business marketplaces by leveraging Internet infrastructure and IP communications devices to provide low cost, crystal clear calling solutions worldwide. Twister's Internet phones work very much like standard telephones, but rather than using phone lines, they connect through computer USB USB in full Universal Serial Bus Type of serial bus that allows peripheral devices (disks, modems, printers, digitizers, data gloves, etc.) to be easily connected to a computer. and Ethernet ports to establish a communications channel through the Internet. Twister Networks currently offers three IP-Phone models: the i100, i300, and i400. For more information about Twister's VoIP phones and Internet telecommunications services, please visit http://www.TwisterNetworks.com. Cautionary Statement for the Purpose of the Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. 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: Forward-looking statements in this news release are made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Certain important factors could cause results to differ materially from those anticipated by the forward-looking statements, including the impact of changed economic or business conditions, the impact of competition, the success of existing and new product releases, the management of our growth, other risk factors inherent in the telecommunications industry, and other factors discussed from time to time in reports filed by the company with the Securities and Exchange Commission. Twister Networks, Inc. has and continues to institute changes to its strategies, operations, and processes to address these risk factors and to mitigate their impact on Twister Network's results of operations and financial condition. However, no assurances can be given that Twister Networks will be successful in these efforts. |
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