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XFONE's Israel '018' Selected as Exclusive International Long
Distance Provider at Israel's New Passenger Terminal at Ben Gurion Airport
Exclusive Agreement Signed Between XFONE Communication Ltd. and an Authorized
Contractor for the Israeli Airport Authority Makes '018' Default International
Long Distance Carrier for Airport Pay Phones;
LONDON and TEL AVIV, Israel, March 14 /PRNewswire-FirstCall/ -- XFONE
Communication Ltd., the majority owned Israel-based subsidiary of XFONE, Inc.
(OTC:XFNE) (BULLETIN BOARD: XFNE) , today reported that it has signed an
agreement with an authorized contractor of the Israeli Airport Authority
("IAA") giving XFONE Communication the exclusive right to provide international
long distance calling services at Ben Gurion Airport's new passenger terminal,
which is the main active terminal for international flights in Israel. In 2004,
over 7.5 million international passengers flew in and out of the Tel Aviv's Ben
Gurion Airport, Israel's largest international airport.
As a result of this exclusive agreement, all pay phones located in the new
passenger terminal will automatically default to XFONE Communication's '018'
system for all international long distance phone calls. Further, XFONE
Communication has been granted the exclusive right to market and sell
international long distance calling cards through vending machines, which are
situated in high-traffic areas throughout the terminal, thereby offering a wide
range of prepaid international long distance calling cards to international
travelers.
Rafi Dick, Managing Director of XFONE Communication, noted, "This is an
enormous step forward for XFONE Communication and its '018' international long
distance calling service. Aside from the revenue opportunity that this
agreement represents for us, we believe that the marketing exposure we will
receive will be enormous. Being selected to serve the international long
distance calling need for the millions of international travelers that pass
each year through Israel's largest airport is a strong endorsement of '018' and
the numerous benefits our services offer."
About '018'
Offered at a price per minute that is sometimes as much as 50% less than the
most competitive carrier in Israel, XFONE Communication's '018' is fast
becoming one of the preferred long distance calling services. XFONE
Communication also permits users to predetermine the cost per minute by dialing
"01800". Moreover, XFONE Communication has established a state-of-the- art web
site, found at http://www.018.co.il/ , where users may also access "real time"
detailed information relative to pricing, full service offerings, and general
information regarding system use. There are only six companies who have been
granted international long distance carrier licenses in the State of Israel.
About XFONE, Inc.
A U.S.-domiciled corporation, XFONE, Inc. is an international voice and data
communications services provider with operations in the United States, United
Kingdom, and Israel, and offers a wide range of services, which include: local,
long distance and international telephone services, prepaid and postpaid
calling cards; cellular services; VOIP services; reselling opportunities; and
email and fax broadcasting services. The Company serves customers in 75
countries across Europe, Australia, North America, South America, Asia and
Africa.
Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995: All information set forth in this news release, except historical and
factual information, represents forward-looking statements. This includes all
statements about the company's plans, beliefs, estimates and expectations.
These statements are based on current estimates and projections, which involve
certain risks and uncertainties that could cause actual results to differ
materially from those in the forward-looking statements. These risks and
uncertainties include issues related to the ability to: rapidly change
technology and evolving standards in the industries in which the Company and
its subsidiaries operate; obtain sufficient funding to continue operations;
maintain adequate cash flow; profitably exploit new business; license and sign
new agreements; the unpredictable nature of consumer preferences; and other
factors set forth in the Company's most recently filed annual report and
registration statement. Readers are cautioned not to place undue reliance on
these forward-looking statements, which reflect management's analysis only as
of the date hereof. The Company undertakes no obligation to publicly revise
these forward-looking statements to reflect events or circumstances that arise
after the date hereof. Readers should carefully review the risks and
uncertainties described in other documents that the Company files from time to
time with the Securities and Exchange Commission, including the Registration
Statement effective on November 12, 2004.
For More Information, Please Contact:
Elite Financial Communications Group
Stephanie Noiseux, 407-585-1080
DATASOURCE: XFONE, Inc.
CONTACT: Stephanie Noiseux, Elite Financial Communications Group,
+1-407-585-1080, or , for XFONE, Inc.
Web site: http://www.xfone.com/
http://www.018.co.il/