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Dardadog
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High-Tech Writers / Business Editors

DALLAS--(BUSINESS WIRE)--IPVO--


Acquisition of Digital Computer Integration Corp Puts IPVoice Six
Months Ahead of Merger and Acquisition Plans for 2004

IPVoice Communications, Inc. (OTCBB:IPVO) today announced entering
into a Letter of Intent to acquire fifty-one percent of Digital
Integration Corp (DCI). DCI is a fourteen-year-old corporation located
in Plano, Texas that specializes in the development of non-standard
products for use in the United States and Allied military applications
as well as homeland security and public safety applications. Custom
solutions have included mission critical command and control
computers, emergency vehicle mobile computing solutions and WIFI
systems. DCI was recently awarded a $1.5 million contract with L-3
Communications (Nasdaq:LVLT) to provide customized computing systems
for the Naval Air Systems Command.
"The DCI acquisition will put IPVoice six months ahead of our
merger and acquisition plans," states Philip Verges, CEO of IPVoice.
"IPVoice planned to expand systems integration capabilities into Latin
America and expand the current emerging communications technology
specialization beyond Voice over IP into the health care and homeland
security markets by July of 2004. At that time the Company planned to
change its name to NewMarket Technology to better represent this
emerging communication technology market expansion. The name change
timing remains the same, but the market expansion is well ahead of
schedule. Our recent success with new capital formation has
accelerated the expansion through the acquisition of RKM in Venezuela,
Medical Office Software in Florida and now DCI. Our recent progress in
new capital formation that has supported the market expansion has been
key to our success. The specific details of this innovative access to
capital will be delineated soon."

About IPVoice Communications, Inc.

IPVoice is a six-year-old company that has reported as a research
and development concern for most of its history. In 2002, IPVoice
launched a new business plan, which has resulted in the Company
posting five consecutive profitable quarters and establishing an
annualized $10 million in revenue. The Company is actively acquiring
early-stage proprietary technology companies and financially
distressed systems integration companies in specific global markets.
In 2003, IPVoice acquired Infotel Technologies in Singapore and IP
Global Voice, led by CEO Peter Geddis, a former Executive Vice
President and Chief Operating Officer of Qwest Communications
(NYSE:Q). IPVoice plans to acquire additional companies similar to
Infotel and IP Global Voice.
This press release contains statements (such as projections
regarding future performance) that are forward-looking statements as
defined in the Private Securities Litigation Reform Act of 1995.
Actual results may differ materially from those projected as a result
of certain risks and uncertainties, including but not limited to the
risks inherent in the integration of Infotel Technologies into IPVoice
Communications, Inc business, the ability of IPVoice to restore and
stabilize the client base of Infotel and re-establish relationships
with key suppliers, the development and market acceptance of the
products and services of the combined companies, demand for the
telecommunication and other products and related services, domestic
and foreign government spending, budgetary and trade policies,
economic and political changes in the domestic and international
markets where the Company competes, successful deployment of advanced
technologies, competitive product and pricing pressures as well as
other risks and uncertainties, including but not limited to those
detailed from time to time in the Company's filings with the
Securities and Exchange Commission.

KEYWORD: TEXAS
INDUSTRY KEYWORD: TELECOMMUNICATIONS E-COMMERCE INTERNET GOVERNMENT AEROSPACE/DEFENSE MERGERS/ACQ
SOURCE: IPVoice Communications, Inc.


CONTACT INFORMATION:
IPVoice Communications, Inc., Dallas
Investor Relations, 972-386-3372 ext. 211
ir@ipvoice.com www.ipvoice.com

------------------
DaDog


Posts: 1656 | Registered: Sep 2004  |  IP: Logged | Report this post to a Moderator
   

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