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Corridor Communications Corp Signs 8x8 Wholesale Agreement for
Packet8 Voice and Video Over IP Offerings (VOIP)
MESA, Ariz., Oct. 25 /PRNewswire-FirstCall/ -- Corridor Communications Corp.
(CORR.OB) announced today that they have entered a wholesale agreement to bring
Packet8 broadband voice over internet protocol (VOIP) and videophone
communications services allowing Corridor to private label the Packet8 VOIP
products and services and provide customized web interfaces applicable to
Corridor customers.
The Packet8 service (http://www.packet8.net/) enables high speed internet users
to subscribe to monthly voice over internet protocol (VOIP) telephone and
videophone communications service. For $19.95/month, Packet8 subscribers can
make unlimited calls to any telephone number in the United States and Canada,
and unlimited calls to any other Packet8 subscriber anywhere in the world. All
Packet8 accounts come with voice mail, caller ID, call waiting, call waiting
caller ID, call forwarding, hold, line-alternate, 3-way conferencing, web
access to account controls, and real-time online billing. The Packet8
VideoPhone, introduced in June 2004, delivers high-quality, full-motion video
and clear, delay-free audio over any broadband (high-speed Cable, DSL or
corporate LAN) Internet connection. Using 8x8's Packet8 broadband phone
service, Packet8 VideoPhone subscribers receive unlimited video calling and
regular voice calling in the U.S. and Canada for $29.95/month as well as
unlimited worldwide video and audio-only calling to other Packet8 subscribers.
The Packet8 Virtual Office service allows users anywhere in the world to group
multiple Packet8 lines into a virtual business telephone system that includes
extension-to-extension dialing, auto attendants, conference bridges, ring
groups and a host of other business class PBX features. Packet8 Virtual Office
subscribers also enjoy unlimited phone calls anywhere in the United States and
Canada and the same low, per-minute international rates available in Packet8's
residential plans
"With our recent acquisition of Eagle West Communications, Ash Creek Wireless
and Quik Internet, which brings our total combined subscriber base to nearly
9,000, we are looking to increase the number of services we can provide," said
J. Michael Heil, Chief Executive Officer of Corridor Communications Corp. "The
Packet8 VOIP service has gained a reputation for high quality and reliability,
and we are convinced that this is the ideal product for us to market to our
subscribers as an additional value added service. Many of our rural customers
have limited domestic calling options, and we believe this is a perfect fit.
The goal to provide video, voice and data to our customers can now be met."
About Corridor Communications
Headquartered in Mesa, Arizona with operations in Oregon, Nevada and Arizona,
Corridor Communications, Inc. is an integrated wireless Internet service
provider (WISP) and Cable television provider offering high-speed Internet,
free and pay television, and data services to residents and businesses. The
Company plans to implement a growth-through-acquisition strategy by targeting
small to mid size Cable providers and Dial Up Internet Service Providers (ISP)
in areas underserved by current broadband multi system operators. The growth
strategy will also focus on creating partnerships with existing hot spot
management companies while building company owned hotspots to create ubiquitous
coverage or "Hot Zones" that encompass entire cities.
Corridor's IP-Based technology supports all hardware meeting Wi-Fi 802.11(x)
standards operating in an unlicensed spread spectrums (2.4 GHz and 5.7 GHz),
and can be deployed far less expensively than comparable copper and cable
technologies. The company also plans to leverage its network build out for
other services that may include voice and video. For more information about
Corridor Communications, please visit the Company's web site at
http://www.corridorcommunications.com/
"Safe Harbor" statement under the Private Securities Litigation Reform Act of
1995: This release contains forward-looking statements that are subject to
risks and uncertainties, including, but not limited to, the impact of
competitive products and pricing, product demand and market acceptance, new
product development, reliance on key strategic alliances, availability of raw
materials, the regulatory environment, fluctuations in operating results and
other risks detailed from time to time in the company's filings with the
Securities and Exchange Commission. Our forward-looking statements are based on
currently available information which management has assessed but which is
dynamic and subject to rapid and even abrupt change due to risks and
uncertainties that affect our business, including the unpredictability of
future revenues and limited visibility into future demand on which to base our
forecasts; the current uncertainty in our marketplace which may impact expected
demand, customer selection criteria and sales cycle; our ability to execute on
product deliverables and major customer contracts, slower economic growth
generally, slower adoption of broadband technology, or cutbacks in information
technology spending; and factors beyond our control such as power outages or
work stoppages at key customers.
CONTACT: Investor Relations of Corridor Communications Corp., +1-480-380-5855,
or .
DATASOURCE: Corridor Communications Corp.
CONTACT: Investor Relations of Corridor Communications Corp.,
+1-480-380-5855, or
Web site: http://www.corridorcommunications.com/