Yak Communications (NASDAQ:YAKC)
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Sophisticated Prepaid VoIP Feature Provides yakForFree Members
With Easy Means for Upgrading to Local/Long-Distance VoIP-to-PSTN
Services
Yak Communications Inc. (NASDAQ:YAKC), a provider of
telecommunications services to residential and business customers,
announced today that it has joined forces with Emergent Network
Solutions, Inc. and DaVinci Integration Inc. to provide users of its
new yakForFree VoIP service (www.yakforfree.com) with an easy means
for upgrading to local/long-distance VoIP-to-PSTN services. This
sophisticated, prepaid VoIP capability is a standard feature of the
new yakForFree virtual videophone service, which debuts today.
The new prepaid yakForFree VoIP capability is provided through a
partnership between Emergent and DaVinci, whereby Emergent's
innovative open systems platform, ENTICE, enables the feature and
DaVinci integrates it. Yak expects that the new yakForFree service
represents a "disruptive force" in the VoIP arena, offering the first
free member-to-member voice AND video online service and enticing
users to move to VoIP as the primary means for communicating with
colleagues, friends and family around the world.
"The collaboration with Emergent and DaVinci has helped to put
our revised VoIP business strategy on the map," said David Hurwitz,
President of VoIP Initiatives of Yak Communications. "To remain
competitive in the VoIP space, we had to adapt quickly to rapidly
evolving market conditions. DaVinci's expertise combined with
Emergent's ENTICE platform provided us with the essential operational
elements to help bridge the gap between our existing VoIP
infrastructure and the enhanced yakForFree system."
"Yak and DaVinci required a durable, scalable and
easily-integrated prepaid capability for this critically important
function. The ENTICE enhanced services platform is designed
specifically for such applications," said Nathan Franzmeier,
President of Emergent Network Solutions. "This technology will fully
support Yak's needs now, while also giving it a base for additional
value-added services in the future."
"We believe yakForFree has the potential to reach millions of
people worldwide, establishing Yak as a premier global VoIP
provider," said Charles Zwebner, Chairman and Chief Executive
Officer. "Using Emergent's ENTICE enhanced services platform provides
us with a fast, cost-effective method for capitalizing on the higher
margins and faster cash flow made possible by prepayment. We
anticipate a significant number of consumers to sign up for this free
communications alternative that requires only a PC, camera and a
broadband connection. Once they subscribe, the Emergent/DaVinci
solution makes it easy for members to upgrade to the prepaid
yakToAnyone service."
yakForFree users can place free online videophone calls only to
other yakForFree members. yakToAnyone, an upgrade service available
to yakForFree members, will be able to place VoIP calls from their
VoIP videophone to non-member local and long distance numbers in the
United States and Canada for just $.02 per minute. Calls can also be
placed to international numbers at highly competitive prices.
For more information about yakForFree, yakToAnyone, and other
popular yak VoIP services, visit www.yak.com.
About Emergent Network Solutions, Inc.:
Emergent Network Solutions (ENS) is a leading provider of
advanced telecommunications software for the emerging communications
networks. ENS offers a broad portfolio of solutions based on its
cutting-edge ENTICE (Emergent Networks Telecommunication
Infrastructure Control Environment) technology. The ENTICE portfolio
includes a softswitch, session controller, VoIP gateway, converged
tandem/ international gateway and various enhanced service solutions.
All ENTICE solutions are open allowing deployment today with room for
opportunistic innovation in the future. Emergent's products,
services, and expertise allow carriers to adapt swiftly to changing
industry conditions and maximize their current and future networks.
The company is privately owned. For more information, visit
www.emergent-netsolutions.com.
About DaVinci Integration:
DaVinci Integration is a leader in VoIP integration solutions and
the premier authority on VoIP. The management team is comprised of
technical and business VoIP and telecom veterans from Excel
Switching, Lucent, NexTone and ITXC. The company provides global
carriers and service providers with network consulting as well as
cost-effective voice over IP outsourcing and best of breed technology
solutions for any size network. For more information about DaVinci
Integration, please visit http://www.davincint.com/.
About Yak Communications
Yak Communications Inc. (NASDAQ:YAKC - News) is an Integrated
Communications Provider (ICP) offering a full array of long distance
(1+, toll free and dial-around), local lines, travel cards, cellular
long distance, data services, and broadband voice (VoIP) to
residential and small businesses in North America over high speed
internet access. Yak currently serves approximately 900,000 customers
for its traditional telecom services. For more information, visit
www.yak.com.
Forward Looking Statements:
Statements contained in this news release, which are not strictly
historical are forward looking within the meaning of the safe harbor
clause of the Private Securities Litigation Reform Act of 1995. Yak
Communications Inc. (the "Company") makes these statements based on
information available to it as of the date of this news release and
assumes no responsibility to update or revise such forward-looking
statements.
Editors and investors are cautioned that forward-looking
statements invoke risk and uncertainties that may cause the Company's
actual results to differ materially from such forward-looking
statements.
Words such as "projects", "believe", "anticipates", "estimate",
"plans", "expect", "intends", and similar words and expressions are
intended to identify forward-looking statements and are based on our
current expectations, assumptions, and estimates about us and our
industry. In addition, any statements that refer to expectations,
projections or other characterizations of future events or
circumstances are forward-looking statements. Although the Company
believes that such forward-looking statements are reasonable, we
cannot assure you that such expectations will prove to be correct.
Our actual results could differ materially from those anticipated in
such forward-looking statements as a result of several factors, risks
and uncertainties. These factors, risks and uncertainties include,
without limitation, our ability to satisfactorily address any
material weaknesses in our internal financial controls, our success
in integrating the operations of any newly-acquired businesses, and
associated reduction in costs, the successful implementation of our
business plans including growth of existing product offerings,
strategic acquisitions and development of broadband telephony
products, the successful integration of new management team members,
continued and increased demand for our services, the successful
deployment of new equipment and realization of material savings there
from, competition from larger and/or more experienced
telecommunications providers, our ability to continue to develop our
markets, general economic conditions, changes in governmental
regulation, and other factors that may be more fully described in our
literature and periodic filings with the Securities and Exchange
Commission. You are urged to carefully review and consider these
disclosures, which describe certain factors that affect our business.
Yak Communications Inc. (NASDAQ:YAKC)