Looks pretty good,This has pulled back since it had a nice run last week,Might just be ready again as it's sitting at support levels::::
CLIXME Prepared for European Debut, Click to Call Market Grows in the US Monday June 26, 8:22 am ET
PROVIDENCE, RI--(MARKET WIRE)--Jun 26, 2006 -- VOIP5000, Inc. (Other OTC:VPFV.PK - News), today announced that its wholly owned subsidiary CLIXME.COM has nearly completed work on its platform for a near term launch in the German Internet market. "As part of our new growth initiatives for the company, I feel that penetrating the growth available in the international market will give us a jump on our competition here in North America", said CEO Fotis Georgiadis. "Based on its 21% share of overall European Internet users, we've decided that Germany will be the springboard for our European launch," continued Mr. Georgiadis. According to www.internetworldstats.com (http://www.internetworldstats.com/stats9.htm#eu), the German market is expected to grow from 48 million users in 2005 to over 86 million users in 2006. The country has the largest population of Internet users among all European Union members.
US CLICK TO CALL MARKET EXPECTED TO GROW TO OVER $4 BILLION
Several different reports from companies like IDC and Forrester research are forecasting that the click to call market will grow to over $4 billion in North America alone. Although there are very little statistics to base the value of the international click to call market on, indicators such as Internet usage and increased growth in business usage of the Internet internationally point to favorable numbers.
"Since our May 1st launch, we watched much of our speculation about the need for a service like Clixme validated by the overwhelming interest in the service", said Mr. Georgiadis. "We feel that much of what we speculate to be true in the international market will be validated as well as we prepare for our European launch," he continued.
In other company news, work continues on the company's carrier class data center in Providence RI. It expects to bring the facility on line near to or by the end of August which in turn will cut costs and increase capacity to meet demand for the Clixme service. The facility benefits from the diversity of provider interconnects that are available there. "We have access to the backbones of every major US carrier in our new facility. Unless the Internet goes down as a whole, we'll still be able to fulfill click to call requests for our customers," said Mr. Georgiadis.
Note: All statements, other than 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. The Company cautions that such matters necessarily involve significant risks and uncertainties that could cause actual operating results to differ materially from such statements, including, without limitation: (i) competition, (ii) fluctuations in demand and supply of our target markets, including Internet based telephone operations (iii) risks associated with new business ventures. Investors are advised to seek professional advice and conduct a complete due diligence regarding this, or any other company being considered for investment purposes. Investing in securities, particularly in issues priced at less than $1 per share, involves substantial risk and may result in a partial or complete loss of investment capital. Press releases issued by the company should not be interpreted as an offer to sell or a solicitation to buy company stock.
-------------------------------------------------------------------------------- Source: VOIP5000, Inc.
Posted by Dustoff101 on :
Nearly completed work? Yicks! could be another Ouch!
Posted by BullzeBob on :
Looks like a nice opportunity on this dip
Posted by Dustoff101 on :
Folks are getting so they sell an run on PR'S like this...Not like the old days, Oh' well.
This is one tuff market...The preverbial " hard nut to crack"..LOL
Posted by BullzeBob on :
Dustoff...looks like selling has ceased. Should get some buying in on today's news - I see a LOT of revenues on the way soon with entry into GERMAN market.... And they announced the US data center to open soon. Just think it's a strong play from this level.
Posted by Dustoff101 on :
Don't ya know it, soon as you called bottom it dropped nearly a penny..LOL
Damn stocks! Geezz, now your calling um like me! Hope I didn't jinx ya..
Posted by Dustoff101 on :
Looks like it's turning now a bit..Almost pulled the trigger at .06
Posted by BullzeBob on :
Yup...I was suprised to see todays' dip, with such STRONG news out..but the .06 mark should be good support, as buying pressure begins to take over. Nice bounce from that area over last few days. Double-bottom here.