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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/