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DLGI Digital Landscape Group Inc.

8.335
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Digital Landscape Group Inc. LSE:DLGI London Ordinary Share VGG2761A1057 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 8.335 7.95 8.72 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

VASC to Begin Offering IPN's VoIP Solutions to Vietnam

23/06/2004 5:30pm

PR Newswire (US)


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VASC to Begin Offering IPN's VoIP Solutions to Vietnam IRVINE, Calif., June 23 /PRNewswire-FirstCall/ -- IPN Communications, a majority-owned subsidiary of DataLogic International, Inc. (OTC Bulletin Board: DLGI; Berlin, Frankfurt Stock Exchange: 779612), today announced that it is shipping its first VoIP system to VASC Software and Media Company to begin offering IPN's VoIP solutions to the consumer and business users throughout Vietnam. VASC Software and Media Company is a wholly owned subsidiary of Vietnam Post and Telecommunications (VNPT). VNPT is the largest state-owned company in Vietnam with revenue in excess of USD $1.6 billion. The company operates the national backbone telecommunications system as well as occupying a dominant market share in end-user services. VASC is an Information Technology company and Vietnam's major communications agency. Its well-circulated e-newspaper, VietnamNet (http://www.vnn.vn/), currently attracts over 300 million hits per month. With their existing medium and VNPT telecommunications infrastructure, VASC is well positioned to market and distribute VoIP solutions throughout Vietnam. Vietnam is the second fastest-growing telecommunications marketplace in the world, according to the International Telecommunication Union. The country, with a population of more than 80 million people, represents a large market for cost-effective communication solutions. "We are excited to work with VASC, a subsidiary of the largest state owned company, in bringing our technologies to the commercial, governmental, and general consumers of Vietnam," commented Michael Wu, IPN's CEO. "This venture will further expand our market shares in the Asia Pacific regions and strengthen our position as an emerging dominant player in that area." About VASC and Vietnam Post and Telecommunications Corporation VASC Software and Media Company is a subsidiary of Vietnam Post and Telecommunications (VNPT). It is an Information Technology company and is known as a prestigious communications agency through its e-newspaper, VietnamNet (http://www.vnn.vn/), which attracts over 300 million visitors per month. Established in 1995, VNPT is the largest state-owned post and telecommunications company in Vietnam with revenue in excess of USD $1.6 billion. The company operates the national backbone telecommunications system as well as occupying a dominant market share in the end-user services. For more information on VNPT, go to http://www.vnpt.com.vn/. About IPN Communications, Inc. IPN Communications, Inc, a majority-owned subsidiary of DataLogic International, Inc., is a provider of voice over Internet protocol (VoIP) telephony products and services. The company targets consumers and business users on a worldwide basis who seek to reduce communication costs. IPN's product suite includes USB and Ethernet based VoIP phones, videophones, and turnkey servers that support in-network VoIP calling and VoIP to public-switch telephone networks (PSTN). For more information on IPN Communications, Inc., go to http://www.ipncom.com/. About DataLogic International Inc. DataLogic International, Inc. is a technology and professional service company dedicated to providing a wide range of Information Technology and Communications related products and services. For more information about DataLogic, go to http://www.dlgi.com/ or contact Investor Relations at or (888) 530-8228. This 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 and Exchange Act of 1934, as amended. Those statements include the intent, belief or current expectations of the company and its management team. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. Accomplishing the strategy described herein is significantly dependent upon numerous factors, many are not in management's control. Some of these factors include the ability of the company to raise sufficient capital, attract qualified management, attract new customers and effectively compete against similar companies. DATASOURCE: DataLogic International, Inc. CONTACT: Investor Relations, DataLogic International, Inc., +1-888-530-8228, Web site: http://www.ipncom.com/ Web site: http://www.vnpt.com.vn/ Web site: http://www.vnn.vn/ Web site: http://www.dlgi.com/

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