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Virtual PBX Reduces International Dialing Rates by as Much as 80 Percent

SAN JOSE, CA — (Marketwire) — 12/06/11 — Virtual PBX , inventor and leading supplier of hosted PBX services, announced today that it is reducing the cost of international calling in all of its plans by up to 80 percent. With this change, calls to multiple international locations — such as land lines in London and Buenos Aires, and mobile phones in Hong Kong — are as low as 1.9 cents per minute. The new rates are available now with no added fees or plan changes to all existing and new Virtual PBX customers on all plans.

 

Virtual-PBX-Systems

“Virtual PBX is always working to find ways to save money for our customers,” said Paul Hammond, CEO of Virtual PBX. “We already offer local numbers in over 40 countries for clients that want an international presence and want their callers to avoid the high costs of international dialing. Now we’ve made it possible for our customers to call out to international destinations with very low costs as well.”


The new international rates build on the company’s extensive history of providing cost-effective voice services to reach and receive vital business calls to and from locations around the world.

Virtual PBX, a U.S.-based company, started offering outbound dialing to international destinations when it developed the first hosted PBX in 1996. Now, clients can make calls out to international numbers or have employees receive calls on non-U.S. phones with a much lower rate per minute. And using the company’s Open Systems Initiative, calls can be routed to VoIP phones anywhere, for free.

In December 2009, Virtual PBX started offering local inbound numbers to their clients in thousands of cities worldwide, providing clients the ability to publish local numbers in these cities while maintaining business operations in the location of their choice. The combination of low outbound rates to international phone numbers, free VoIP calling anywhere, and local inbound numbers in both the U.S. and other countries makes Virtual PBX a strong hosted PBX choice for companies with personnel, clients or business activities in almost any global location.

Specific rate information can be found on the company’s website.

About Virtual PBX
Virtual PBX believes you never get a second chance to make a good first impression, especially when it comes to serving your customers. Our hosted PBX phone service gives businesses a professional, fully automated call answering and routing solution that can be up and running in a matter of minutes. Forget the hassles and costs of buying and maintaining your own PBX hardware. With Virtual PBX, your employees, whether in one location or far-flung, can focus on serving your customers while we provide the advanced features and responsiveness that give you a competitive edge. We also offer a backup phone service to ensure your business stays up and running should disaster strike.

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Posted by CheapVOIPs - December 11, 2011 at 7:21 pm

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Low Maintenance Costs, Greater Flexibility Will Drive VoIP Market Growth Over 9 Percent CAGR Thru 2024

Persistence Market Research today released a new  market report that shows VoIP growing steadily over the next eight years driven mainly by factors such as low maintenance cost, with higher flexibility and minimum staff support, along with wider connectivity

According to the latest market report published by Persistence Market Research, the global VoIP services market was valued at US$ 85.9 Bn in 2015 and is anticipated to increase at a CAGR of 9.5% over 2016 – 2024, to reach US$ 194.5 Bn by 2024. 

Currently, the global VoIP services market is mainly driven by factors such as low maintenance cost with higher flexibility and minimum staff support, along with wider connectivity, increasing internet penetration in semi-urban and satellite cities as the internet is a basic tool and a global platform to make a business grow fast and in a more economical way. However, factors such as fluctuations in internet quality may affect market growth and can be a prominent restraint. During peak hours, the network may be congested due to many subscribers using internet services in a locality through single-cable network line and unsatisfactory contract proposals are some of the major factors expected to restrain growth of the global VoIP services market during the forecast period.

In this report, the global VoIP services market has been segmented on the basis of call type, end use, configuration, services, and region. The APAC VoIP services market is expected to account for the highest market value share in the global VoIP services market by 2024 end, followed by Europe. The Latin America VoIP services market is expected to be the fastest growing market over the forecast period. Growth of the Europe VoIP services market is primarily attributed to the introduction of a large number of small and medium-sized enterprises. Also, expansion of the unified communication market in Belgium is expected to support growth of the VoIP service market in Europe over the forecast period. The VoIP services market in Europe is expected to increase at a CAGR of 8.4% in terms of value over the forecast period.

The North America VoIP services market is expected to witness moderate growth over the forecast period; it accounted for 27.0% value share of the overall market in 2015 and is expected to register a moderate CAGR of 8.5% in terms of value over the forecast period. Increasing adoption of bring your own device (BYOD) policy is a major factor expected to drive growth of the VoIP services market in North America.

The report provides detailed information about various market trends and offers analysis and insights about the potential of the global VoIP services market. Furthermore, the VoIP services market is segmented on the basis of call type into international long-distance VoIP calls and domestic VoIP calls.  International long-distance VoIP services segment is estimated to be the highest contributor to the global VoIP services market in terms of value share by 2016 end, followed by domestic VoIP call segment.

The VoIP services market has also been segmented on the basis of end use into Individual User and Corporate User. Individual User segment is expected to be the fastest growing segment in the end-use category over the forecast period. The segment is expected to increase at a CAGR of 9.2% over the forecast period in terms of revenue.

  Source: PR Newswire

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Posted by CheapVOIPs - May 26, 2016 at 6:07 am

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Gartner Names AGNITIO a Cool Vendor in VoIP Authentication

AGNITIO has been named one of Gartner’s Cool Vendors in Unified Communications, the company has announced. Issued this month, Gartner’s “Cool Vendors in Unified Communications, 2016” report highlights VoIP caller authentication solutions providers targeting the government and enterprise markets.

Gartner Names AGNITiO a Cool Vendor in VoIP AuthenticationThe recognition is for AGNITIO’s voice ID technology, which uses voice biometrics to enable identification and authentication. It also validates AGNITIO’s success in targeting government and enterprise server-based applications, a focus of the company since it sold its mobile assets to Cirrus Logic late last summer.

And, of course, it validates the company’s technology. In a statement, AGNITIO CEO Emilio Martinez said, “We consider our inclusion in the Cool Vendor report by Gartner as confirmation of the leadership of our best of breed server-based voice ID technology,” adding that the recognition “will be a motivation for the AGNITIO Team to continue on its path to launch a revolutionary new generation of technology in the upcoming year.”

That encouragement is well-founded, given that previous Cool Vendors such as NuData have gone on to attain considerable success since receiving the distinction.

May 25, 2016 – by Alex Perala

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Posted by CheapVOIPs - May 25, 2016 at 10:45 pm

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VoIP Services Poised for Steady Growth Through 2024

PRESS RELEASE — NEW YORK, May 25, 2016 /PRNewswire/ — According to the latest market report published by Persistence Market Research, the global VoIP services market was valued at US$ 85.9 Bn in 2015 and is anticipated to increase at a CAGR of 9.5% over 2016 – 2024, to reach US$ 194.5 Bn by 2024. 



Currently, the global VoIP services market is mainly driven by factors such as low maintenance cost with higher flexibility and minimum staff support, along with wider connectivity, increasing internet penetration in semi-urban and satellite cities as the internet is a basic tool and a global platform to make a business grow fast and in a more economical way. However, factors such as fluctuations in internet quality may affect market growth and can be a prominent restraint. During peak hours, the network may be congested due to many subscribers using internet services in a locality through single-cable network line and unsatisfactory contract proposals are some of the major factors expected to restrain growth of the global VoIP services market during the forecast period.

Browse the full VoIP Services Market report at http://www.persistencemarketresearch.com/market-research/voip-services-market.asp

In this report, the global VoIP services market has been segmented on the basis of call type, end use, configuration, services, and region. The APAC VoIP services market is expected to account for the highest market value share in the global VoIP services market by 2024 end, followed by Europe. The Latin America VoIP services market is expected to be the fastest growing market over the forecast period. Growth of the Europe VoIP services market is primarily attributed to the introduction of a large number of small and medium-sized enterprises. Also, expansion of the unified communication market in Belgium is expected to support growth of the VoIP service market in Europe over the forecast period. The VoIP services market in Europe is expected to increase at a CAGR of 8.4% in terms of value over the forecast period.

The North America VoIP services market is expected to witness moderate growth over the forecast period; it accounted for 27.0% value share of the overall market in 2015 and is expected to register a moderate CAGR of 8.5% in terms of value over the forecast period. Increasing adoption of bring your own device (BYOD) policy is a major factor expected to drive growth of the VoIP services market in North America.

The report provides detailed information about various market trends and offers analysis and insights about the potential of the global VoIP services market. Furthermore, the VoIP services market is segmented on the basis of call type into international long-distance VoIP calls and domestic VoIP calls.  International long-distance VoIP services segment is estimated to be the highest contributor to the global VoIP services market in terms of value share by 2016 end, followed by domestic VoIP call segment.

The VoIP services market has also been segmented on the basis of end use into Individual User and Corporate User. Individual User segment is expected to be the fastest growing segment in the end-use category over the forecast period. The segment is expected to increase at a CAGR of 9.2% over the forecast period in terms of revenue.

To View Sample Report: http://www.persistencemarketresearch.com/samples/4710

Key players in the global VoIP services market include Vonage Holdings Corporation, 8×8 Inc., ShoreTel Nextiva Inc., RingCentral Inc., West Corporation, Verizon Communications Inc., Thinking Phone Networks, Inc., Inphonex LLC, and Phone Power LLC.

To View Full Report TOC: http://www.persistencemarketresearch.com/toc/4710

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Posted by CheapVOIPs - May 25, 2016 at 9:45 pm

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Brightway Insurance Replaces Legacy PBX System With RingCentral Solutions to Support 120 Offices in 11 States

BELMONT, Calif.–(BUSINESS WIRE)–RingCentral,
Inc.
(NYSE:RNG), a leading provider of cloud business communication
and collaboration solutions, today announced that Brightway
Insurance
, the nation’s seventh largest privately held Personal
Lines insurance agency, has replaced its legacy, on-premise system with
RingCentral’s flagship product, Office,
and RingCentral
Contact Center
. Removing their dependency on an aging legacy PBX
system, Brightway Insurance wanted a solution that was more consistent
with the company’s other technology initiatives in the cloud.

“We have a distributed workforce across more than 100 offices in 11
states,” said Tim Lash, director of Business Analytics at Brightway
Insurance. “As an insurance agency and service organization, our ability
to provide an exceptional customer service experience is at the core of
our business. Given our scale and growth, a cloud-based business
communications solution was the only option for employees to work
effectively across all locations. We chose RingCentral because of its
quality, reliability and scalability to power effective communication
with our customers.”

Based in hurricane-prone Florida, Brightway Insurance also had to ensure
business continuity to effectively serve the nearly 300,000 policies its
120 Agency Owners have written for their customers. Recognizing the
flexibility of the cloud, Brightway Insurance searched for a
best-in-class solution that would address their opportunities to provide
an even greater level of service, ensure greater customer engagement,
and enable a mobile workforce.

RingCentral Contact Center is differentiated from any other solution on
the market due to its direct network integration with RingCentral
Office. This means call center agents are empowered with a fully
featured cloud contact center solution that supports multi-channel
communications (e.g. voice, chat, SMS, email and fax) along with a full
suite of advanced call center capabilities (e.g. advanced routing,
queuing, CRM integration, analytics and reporting). When combined with
RingCentral Office, call center agents have a seamless end-to-end
communications experience with direct extension dialing to stay
connected with the rest of their organization. By selecting RingCentral,
Brightway Insurance is seeing an increase in customer satisfaction,
better communication within their organization, and faster response
times.

“Brightway’s selection of RingCentral reflects the massive shift of
larger enterprises moving their business communications to the cloud and
streamlining their business processes along the way,” said Marco
Casalaina, vice president of Contact Center Integrations at
RingCentral. “We’re happy to see a leading franchise like Brightway
fully leveraging the RingCentral Contact Center and Office solutions to
enable their delivery of world-class service.”

About RingCentral

RingCentral, Inc. (NYSE:RNG) is a leading provider of cloud-based
business communications and collaboration solutions. RingCentral’s cloud
solution is easier to manage, and more flexible and cost-efficient than
legacy on-premise communications systems. It meets the needs of modern
distributed and mobile workforces spanning SMB to Enterprises globally.
RingCentral, Business Communications Made Simple. RingCentral is
headquartered in Belmont, Calif. RingCentral, RingCentral Office, and
the RingCentral logo are trademarks of RingCentral, Inc.

About Brightway Insurance

Founded in 2003, Brightway is now the nation’s seventh largest privately
held Personal Lines insurance agency in the U.S. In 2015, the company
was named the nation’s No. 1 Franchise to Buy in the U.S. by Forbes.
Most recently, the company has been named to Franchise Gator’s list of
the 50 Fastest Growing Franchises, and was named a Franchise Gator Top
100 Franchise and a Top 100 Best Overall Franchise by
FranchiseRankings.com. Brightway is the only independent agency
franchise company to be listed in these rankings.

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Posted by CheapVOIPs - May 25, 2016 at 1:41 pm

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Global VoIP Services Market is Expected to be Valued at US$ 194.5 Bn by 2024, PMR

NEW YORK, May 25, 2016 (PR Newswire Europe via COMTEX) — NEW YORK, May 25, 2016 /PRNewswire/ —

According to the latest market report published by Persistence Market Research, the globalVoIP services marketwas valued at US$ 85.9 Bn in 2015 and is anticipated to increase at a CAGR of 9.5% over 2016 – 2024, to reach US$ 194.5 Bn by 2024.

Currently, the global VoIP services market is mainly driven by factors such as low maintenance cost with higher flexibility and minimum staff support, along with wider connectivity, increasing internet penetration in semi-urban and satellite cities as the internet is a basic tool and a global platform to make a business grow fast and in a more economical way. However, factors such as fluctuations in internet quality may affect market growth and can be a prominent restraint. During peak hours, the network may be congested due to many subscribers using internet services in a locality through single-cable network line and unsatisfactory contract proposals are some of the major factors expected to restrain growth of the global VoIP services market during the forecast period.

Browse the fullVoIP Services Marketreport athttp://www.persistencemarketresearch.com/market-research/voip-services-market.asp

In this report, the global VoIP services market has been segmented on the basis of call type, end use, configuration, services, and region. The APAC VoIP services market is expected to account for the highest market value share in the global VoIP services market by 2024 end, followed by Europe. The Latin America VoIP services market is expected to be the fastest growing market over the forecast period. Growth of the Europe VoIP services market is primarily attributed to the introduction of a large number of small and medium-sized enterprises. Also, expansion of the unified communication market in Belgium is expected to support growth of the VoIP service market in Europe over the forecast period. The VoIP services market in Europe is expected to increase at a CAGR of 8.4% in terms of value over the forecast period.

The North America VoIP services market is expected to witness moderate growth over the forecast period; it accounted for 27.0% value share of the overall market in 2015 and is expected to register a moderate CAGR of 8.5% in terms of value over the forecast period. Increasing adoption of bring your own device (BYOD) policy is a major factor expected to drive growth of the VoIP services market in North America.

The report provides detailed information about various market trends and offers analysis and insights about the potential of the global VoIP services market. Furthermore, the VoIP services market is segmented on the basis of call type into international long-distance VoIP calls and domestic VoIP calls. International long-distance VoIP services segment is estimated to be the highest contributor to the global VoIP services market in terms of value share by 2016 end, followed by domestic VoIP call segment.

The VoIP services market has also been segmented on the basis of end use into Individual User and Corporate User. Individual User segment is expected to be the fastest growing segment in the end-use category over the forecast period. The segment is expected to increase at a CAGR of 9.2% over the forecast period in terms of revenue.

To View Sample Report:http://www.persistencemarketresearch.com/samples/4710

Key players in the global VoIP services market include Vonage Holdings Corporation, 8×8 Inc., ShoreTel Nextiva Inc., RingCentral Inc., West Corporation, Verizon Communications Inc., Thinking Phone Networks, Inc., Inphonex LLC, and Phone Power LLC.

To View Full Report TOC:http://www.persistencemarketresearch.com/toc/4710

 Contact Persistence Market Research U.S. Sales Office: 305 Broadway, 7th Floor New York City, NY 10007 United States USA - Canada Toll-Free: 800-961-0353 Email: sales@persistencemarketresearch.com 

Web: http://www.persistencemarketresearch.com

LinkedIn: https://www.linkedin.com/company/persistence-market-research–consulting

Twitter: https://twitter.com/persistence_mkt

Copyright (C) 2016 PR Newswire Europe

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Posted by CheapVOIPs - May 25, 2016 at 1:41 pm

Categories: VOIP News   Tags:

VoIP Services Come in Handy For Small Business

The VoIP services offered today, have not only made communication much easier and far more efficient, they have also greatly helped in bringing down the cost of communication. You no longer have to worry about rushing through an international call to avoid the high bill; you can now take your time, whether it is family, friend, or business when you make the call. Whether it is for business use, and the possibility of expansion, or for a family that needs a means of communications with family and friends that live over seas, you are going to find much cheaper, clearer, and easier communications with VoIP services.

How it works –

When you get connected with VoIP services and providers, the calls are made over the internet through broadband technologies. You do not need to keep a PC on all day long to make and receive calls; as long as you have a wireless signal, you can do so. Just like with your cell phone, as long as you have a wireless signal you can connect to the internet, the same works when it comes to VoIP calling.

Features –

The many features you receive make the calling much easier and more effective; some of these are:

– Video screen, so you can see and speak to the individual (or business) on the other line.

– Call waiting features, call recording, and ability to track service calls within your business.

– Three way calling; and,

– Most other features you receive with traditional phone lines, like messaging, recording, and phone storage, to keep track of numbers and contacts in the business setting.

With more features, and the ability that you can see clients or business partners face to face, even if you are thousands of miles away, communications are much easier with these phones today.

The savings –

With VoIP services, you are also going to save on the overall price of traditional business (or home) phone services. With these systems, international calls are virtually pennies for longer duration, and depending on the plan you get, are sometimes free. And, with VoIP service, you can use one line, for all businesses; this means if you have several offices, you only need one line, meaning only one bill. In turn, this is effectively going to cut your phone bills; in many cases you can also get internet services, and other services with the most advanced companies, which means you can bundle, and save even more on the plan that you choose to get.

Technologies today allow business owners to truly branch out, work with international clients, and work on a continuous non stop basis, with these phone services. No matter what time of the day you want to do business, or which office you are doing business with, you can really cut costs with the right VoIP services company. So, shopping around, comparing the plans, and finding out which companies and VoIP phones offer the most features, are things you should do, in order to really find the best deals and save.

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Posted by CheapVOIPs - May 25, 2016 at 5:28 am

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XDSL launches VoIP Partner Program

South Africa’s XDSL is launching a new Voice Partner Programme. With per-minute rate discounts and the full functionality of XDSL’s Porta 1 VoIP platform, it’s a programme XDSL believes will attract resellers looking to grow their business. XDSL’s aim is to provide new opportunities to its partners and to build XDSL’s market share in the competitive VoIP market in the next 12 months. 

The programme includes Level 1 Partners (existing agents) and Level 2 Partners (existing resellers). Level 1 Partners act as an extension of XDSL’s sales team and they will not be responsible for billing or any support. Level 2 partners ‘own’ the customer and will be required to handle first and second line support.

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Posted by CheapVOIPs - May 24, 2016 at 6:13 pm

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Top 5 VoIP security tips for businesses

VoIP security is something every business should be on top of. Here’s 5 tips to get you started.


VoIP, short for Voice over Internet Protocol, allows businesses to make free, or very low-cost, telephone calls over the Internet. This works anywhere in the world, regardless of the equipment that the other person is using.

While VoIP is a valuable tool for businesses, it is not without its problems. If the right security measures are not put in place, you could be subject to identity fraud and several other cybersecurity threats. Here’s what you need to know about securing your business.

Enabling Data Encryption

Data encryption refers to the act of changing electronic information into an unreadable state via the use of complicated algorithms and ciphers. Encryption should be an essential part of your overall cyber security strategy. Since VoIP data can travel over numerous networks, making it more susceptible to the possibility of being intercepted, it is particularly important here. The most popular tool for encrypting VoIP calls is Zfone, a free program that works on Windows, Mac, and Linux machines.

Implementing Authentication Techniques

Service abuse and toll fraud are among the most common cases of VoIP attacks. This allows individuals to make premium rate service calls to their own services, often located outside the country, and then charge the cost back on to your business. Implementing mutual authentication protocols between parties is one of the best ways to prevent this. This could be done through a password, pin, or other classified information.

Improving Password Credibility

However, these changes will be for nothing if your password strength isn’t up to the task. Malicious third-parties can break weak passwords easily by brute forcing through the possible combinations. You should always change your default password or pin that was established by your network provider, and then look to modify your passwords on a regular basis. While it can be frustrating to have to change a password having just gotten use to it, it’s in company’s best interests.

24/7 Monitoring

According to a recent report from Nettitude, 88% of VoIP attacks occur outside normal working hours. This means that it can be difficult for your in-house I.T. staff to try and rectify the problem in good time. Third-party security firms can ping your servers every hour on the hour to check that they are functioning as they should. If they find any problems, they can immediately try the fix the situation and then pass on the information they’ve gathered to your employees

Establishing Strong Firewalls

Finally, firewalls are used to create barriers between your system and cybersecurity threats, like malware. The servers that control your central communication system can have firewalls installed to guard all of the devices connected, including VoIP. Service providers like Gradwell can help you to configure your setup to your needs and ensure that your firewall isn’t blocking any VoIP traffic it shouldn’t. As with any software, you should make sure that you update to the latest version so that you have the most up-to-date protection.


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Posted by CheapVOIPs - May 24, 2016 at 5:13 pm

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Voip-Pal.com Inc. Agrees to Extension of Time for Apple, Verizon and AT&T to Respond to the Complaints in the $7 … – Virtual

Voip-Pal.com Inc. (“Voip–Pal”, the “Company”) (OTC Pink: VPLM) announces
their agreement to stipulate to a 60-day extension of time from May 31,
2016 to July 29, 2016 for Apple, ATT and Verizon (collectively the
“Defendants”) to answer or otherwise respond to Voip-Pal’s Second
Amended Complaint in its patent infringement lawsuits against the
Defendants. Individual requests for an extension of time were made by
Apple, Verizon, and ATT. In an effort to coordinate the requests,
Voip-Pal agreed to allow a 60-day extension to each of the Defendants.

Emil Malak, CEO of Voip-Pal stated, “We felt it was appropriate to
stipulate to their requests for an extension of time. Our discussions
with Apple, ATT and Verizon thus far have been very amicable, and we
hope to continue that same tone as we work towards reaching a fair
settlement for our shareholders that properly reflects the value of our
patents.”

Financing Initiatives

The Company announces that it has begun the application process for
equity crowdfunding, expecting to launch an initial capital raise at an
anticipated price of US$0.05 per restricted common share through a
crowdfunding platform. Use of proceeds from successful crowdfunding will
be exclusively for the Company’s operating expenses, as legal expenses
associated with the current patent infringement lawsuits are paid
through a contingency arrangement with the Company’s litigation
attorneys. More information on the Company’s crowdfunding initiative
will be forthcoming on the Company website at www.voip-pal.com
and during the upcoming shareholder conference call.

The Company has decided to launch the crowdfunding effort following its
recent successful capital raise of US$269,000 by way of the private
placement of 6,725,000 restricted common shares, completed in little
more than one week’s time to a small group of accredited investors.

Shareholder Conference Call

The Company is pleased to report that it has received over two hundred
questions from its shareholders via email for its upcoming conference
call with the Board of Directors, scheduled for Wednesday, May 25, 2016
at 12:00 PM ET. Those wishing to participate in the conference call
should dial toll-free, (855) 212-0212, and enter meeting ID
number 743560036#.

About Voip-Pal.com Inc.

Voip-Pal.Com, Inc. (“Voip-Pal”) is a publicly traded corporation (OTC
Pink: VPLM)
headquartered in Bellevue, Washington. The Company owns a portfolio of
patents relating to Voice-over-Internet Protocol (“VoIP”) technology
that it is currently looking to monetize.

Contacts

Voip-Pal.com Inc.
IR Contact: Rich Inza, 954-495-4600
Corporate
Website: www.voip-pal.com
IR
Inquiries: IR@voip-pal.com

Copyright (2016) Business Wire.
All Rights Reserved.

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Posted by CheapVOIPs - May 24, 2016 at 1:11 pm

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Voip-Pal.com Inc. Agrees to Extension of Time for Apple, Verizon and AT&T to Respond to the Complaints in the $7 …

BELLEVUE, Wash.–(BUSINESS WIRE)–Voip-Pal.com Inc. (“Voip–Pal”, the “Company”) (OTC Pink: VPLM) announces
their agreement to stipulate to a 60-day extension of time from May 31,
2016 to July 29, 2016 for Apple, ATT and Verizon (collectively the
“Defendants”) to answer or otherwise respond to Voip-Pal’s Second
Amended Complaint in its patent infringement lawsuits against the
Defendants. Individual requests for an extension of time were made by
Apple, Verizon, and ATT. In an effort to coordinate the requests,
Voip-Pal agreed to allow a 60-day extension to each of the Defendants.

Emil Malak, CEO of Voip-Pal stated, “We felt it was appropriate to
stipulate to their requests for an extension of time. Our discussions
with Apple, ATT and Verizon thus far have been very amicable, and we
hope to continue that same tone as we work towards reaching a fair
settlement for our shareholders that properly reflects the value of our
patents.”

Financing Initiatives

The Company announces that it has begun the application process for
equity crowdfunding, expecting to launch an initial capital raise at an
anticipated price of US$0.05 per restricted common share through a
crowdfunding platform. Use of proceeds from successful crowdfunding will
be exclusively for the Company’s operating expenses, as legal expenses
associated with the current patent infringement lawsuits are paid
through a contingency arrangement with the Company’s litigation
attorneys. More information on the Company’s crowdfunding initiative
will be forthcoming on the Company website at www.voip-pal.com
and during the upcoming shareholder conference call.

The Company has decided to launch the crowdfunding effort following its
recent successful capital raise of US$269,000 by way of the private
placement of 6,725,000 restricted common shares, completed in little
more than one week’s time to a small group of accredited investors.

Shareholder Conference Call

The Company is pleased to report that it has received over two hundred
questions from its shareholders via email for its upcoming conference
call with the Board of Directors, scheduled for Wednesday, May 25, 2016
at 12:00 PM ET. Those wishing to participate in the conference call
should dial toll-free, (855) 212-0212, and enter meeting ID
number 743560036#.

About Voip-Pal.com Inc.

Voip-Pal.Com, Inc. (“Voip-Pal”) is a publicly traded corporation (OTC
Pink: VPLM)
headquartered in Bellevue, Washington. The Company owns a portfolio of
patents relating to Voice-over-Internet Protocol (“VoIP”) technology
that it is currently looking to monetize.

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Posted by CheapVOIPs - May 24, 2016 at 9:08 am

Categories: VOIP News   Tags:

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