CMA Expands Cable Telephony Agreement with Net2Phone; Net2Phone to Bring VoIP Services to Four Additional CMA Markets.
Earlier this year, CMA and Net2Phone signed an agreement to deliver digital phone services to CMA customers in Belle Chasse, Louisiana, a suburb of New Orleans. The Belle Chasse deployment has been delayed due to Hurricane Katrina damaging CMA's plant in Belle Chasse. Since September the companies have worked together to provide free VoIP calling to Belle Chasse residents impacted by the hurricane at the FEMA/Red Cross Center, but now anticipate deploying residential phone services in both the rebuilt Belle Chasse market and the new markets in Texas and Nevada in 2006. Combined, the five markets represent approximately 50,000 homes.
"Being able to bring our customers a high-quality, affordable telephony service in addition to our digital cable television and high-speed Internet offerings, furthers our commitment to the communities we serve" said Doug Bridges, President of CMA. "Working with Net2Phone after Hurricane Katrina to provide the vital service in Belle Chasse allowed us to appreciate the value of the partnership as well as the ease of launching this service."
"We're pleased to expand on our previous relationship with CMA in Louisiana and bring our feature-rich product to these communities in Louisiana, Nevada and Texas," says Net2Phone CEO Liore Alroy. "Our affiliation with the NCTC is further proof of Net2Phone's expertise in providing telephony solutions to cable operators in markets of all sizes."
CMA is a member of the National Cable Television Cooperative (NCTC), a purchasing group that represents more than 1,100 US cable operators. Net2Phone's Master Purchasing Agreement (MPA) with the NCTC offers members a way to quickly and easily offer telephony services to their customers.
CMA is a privately held cable television operator based in Dallas. CMA owns and operates over 40 cable systems in Mississippi, Louisiana, Texas and Nevada and provides a broad variety of product offerings including digital cable television, high definition television, high speed internet and commercial business services. CMA anticipates becoming a leading provider of internet-based telephone service in these markets over the next few years. Learn more about CMA Communications at cmaaccess.com.
Net2Phone provides PacketCable, SIP and wireless VoIP solutions around the world. As a leader in turn-key hosted VoIP telephony services, Net2Phone has routed billions of VoIP minutes globally, servicing more than 100,000 users in the US as well as hundreds of thousands of more overseas. Net2Phone provides partners with a SIP-based broadband telephony solution, calling cards, prefix dialing and enterprise services in over 100 countries. Net2Phone's PacketCable platform provides cable operators with the ability to deliver a high quality primary line-type service with features such as emergency calling. For more information about Net2Phone's products and services, please visit www.net2phone.com.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements involve risks and uncertainties and actual results could differ materially from those discussed in the forward-looking statements. For this purpose, any statements contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. Factors which may affect the Company's results include, but are not limited to, the Company's ability to satisfy in a timely manner the requirements of Section 404 of the Sarbanes-Oxley Act and the rules and regulations adopted pursuant thereto, the Company's ability to expand its customer base, the Company's ability to develop additional and leverage its existing distribution channels for its products and solutions, dependence on strategic and channel partners including their ability to distribute the Company's products and meet or renew their financial commitments, the Company's ability to address international markets, the effectiveness of the Company's sales and marketing activities, the acceptance of the Company's products in the marketplace, the timing and scope of deployments of the Company's products by customers, fluctuations in customer sales cycles, customers' ability to obtain additional funding, technical difficulties with respect to the Company's products or products in development, the need for ongoing product development in an environment of rapid technological change, the emergence of new competitors in the marketplace, the Company's ability to compete successfully against established competitors with greater resources, the uncertainty of future governmental regulation, the Company's ability to manage growth, obtain patent protection, and obtain additional funds, general economic conditions and other risks discussed in this Press Release and in the Company's filings with the Securities and Exchange Commission. All forward-looking statements and risk factors included in this document are made as of the date hereof, based on information available to the Company as of the date thereof, and the Company assumes no obligation to update any forward-looking statement or risk factors.
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|Date:||Dec 5, 2005|
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