TUCSON, Ariz.--(BUSINESS WIRE)--Sept. 15, 2005--Cell Wireless Corp. (OTCBB: CLWL, CLWLE) announced today the international launch of the company's CW VoIP software technology.
John Bohringer, CEO and president of Cell Wireless Corp., said, "CW VoIP is an extremely exciting development for consumers with unlimited potential in the coming years. This will introduce new profit centers by increasing new memberships to Cell Wireless and will allow the company to receive new extra call charges income from PC to landlines or cellular phones.
"The company will provide the CW VoIP software free of charge to all 80,000 existing members and to all new members on Monday, Sept. 19, 2005. This new VoIP state-of-the-art technology allows all members to make PC-to-PC calls anywhere in the world to any other Cell Wireless member free of charge using an Internet connection to make calls rather than using the traditional telephone network," explained Bohringer.
Cell Wireless Corp. is one of the fastest-growing telecommunication multilevel marketing companies in the world providing discounted telephone minutes to the global community. Cell Wireless Corp. has developed a dynamic marketing and sales program designed to create exceptional growth and currently has more than 80,000 members in 260 country telephone destinations throughout the world.
Bohringer said, "That VoIP technology is creating dramatic industry changes highlighted by the announcement of eBay, whose company executives said Monday that eBay plans to pay $1.3 billion in cash and $1.3 billion in stock to the global VoIP communications company Skype. It has agreed to hand over up to an extra $1.5 billion, for a total payout of more than $4 billion, if Skype meets certain financial criteria targets by 2008, according to a presentation to investors on Monday morning."
World industry expert Frost & Sullivan (2001) stated, "VoIP traffic is projected to account for approximately 75 percent of the world's voice traffic by 2007," and the prestigious Forester Research Group said, "That by the year 2020, virtually all regular and cellular calls will go through the Internet."
"CW VoIP software technology will be offered to other Internet service providers, Internet search engines, and shopping networks with large Internet databases on a strategic alliance and joint venture basis," said Bohringer. He further explained, "Any new project could be operational within seven days of signing an agreement.
"These sales opportunities will allow companies to enter the VoIP market immediately without the huge capital outlay for buying an existing company or for the high software development cost whilst offering their online customers net phone VoIP services on a real-time voice platform," Bohringer further explained.
Note: Certain statements in this news release may contain "forward-looking" information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than the statements of fact, included in this release may include forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will be accurate, and actual results and future events could differ materially from those anticipated in such statements. CLWL undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances, or to reflect unanticipated events or developments.
Contacts
Cell Wireless Corp., Tucson David Shorey, 520-603-6979
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