AMEI acquires VoIP telephony system developer with 6500 committed subscribers

AMEI acquires VoIP telephony system developer with 6500 committed subscribers 


VANCOUVER, Nov. 5  /PRNewswire-FirstCall/ -- All America Casting International
Inc. (Symbol: AMEI-OTC-Pinks-BB) today announced that it has acquired Faubourg
Voice Video & Data Services Inc., a private British Columbia corporation.
Through a share transaction, All America has acquired all outstanding shares of
Faubourg, including its assets, technologies, management expertise, advisory
board and several major business opportunities that will radically affect the
Company's future as a leading provider of VoIP (Voice over Internet Protocol)
technology in North America.

During the past three years, Faubourg has developed and perfected a working
model of a communications bundle created expressly for MDU's (Multiple Dwelling
Units) and MBU's (Multiple Business Units) to an existing, committed subscriber
base of 6500 dwelling units. AMEI's communications bundle will be one of the
most comprehensive packages offered anywhere in North America. It will include
local and long distance dialtones, discounts of up to 60% on long distance
calls, Internet access at three speeds, video on demand, in-suite security and
nanny cams. The Company expects that first stage gross revenues will average
between $ 80.00 and $ 120.00 Cdn. per month per suite, which will be shared
between AMEI and the property management company. Monthly gross revenue will be
approximately $ 140,000 Cdn.

AMEI's VoIP bundle is unique because it offers a complete, flexible telecom
infrastructure, together with service at a minimal cost to property management
groups. This complete powerline network solution includes management software
that allows for remote control in each suite. There are no intrusive
installation requirements, and AMEI's system will be seamlessly operational
within 60 days. AMEI's package represents a new revenue-producing opportunity,
not only for property management groups, but for industries such as the
hospitality sector and other commercial and individual applications, too.

The Company is now proceeding to install its communications bundle into the
first 144 dwelling units in Edmonton, Alberta, with subsequent installations in
Montreal and Vancouver. In addition, AMEI is proceeding with complete installs
in two Vancouver area hotels totaling 191 units.

"Our acquisition of Faubourg Voice Video and Data and its committed base of 6500
subscribers provides a giant leap forward for the Company, as well as giving us
an immediate revenue stream in our quest to become a leading provider of VoIP
technology," stated Richard Kipping, Chairman and CEO of All America.

All America Casting International Inc. is a broadband VoIP telecom company
offering local and long distance services and video on demand to residential and
commercial clients. For more information please contact Richard Kipping (604)
723-8750 or Paul Davey [phone]. 

DATASOURCE: All America Casting International Inc.



CONTACT: Richard Kipping, 604-723-8750 or Paul Davey, 604-669-2850

Copyright