posted
2004-12-29 10:15:05 Cybertel Communications Ships Its CyberPhone to Iraq; Cybertel's CyberPhone to Take on AT&T for Overseas Calls by the Military
SAN DIEGO--(BUSINESS WIRE)--Dec. 29, 2004-- Cybertel Capital Corporation (OTCBB:CYBT) announced today that its wholly owned subsidiary, Cybertel Communications Corporation, has launched its CyberPhone using the latest in VoIP Telephony. Cybertel began shipping its VoIP telephones to the military personnel stationed in Iraq for calls home during the holidays. Cybertel plans to make its CyberPhone available to all the military worldwide via exchange stores and general distribution. This positions Cybertel to provide long distance services to the military for far less cost than the current AT&T calling cards offered via the Exchanges. The current costs to troops calling home from Iraq averages about 50 cents per minute. The CyberPhone, which attaches to a UBC port on a computer, will be free to the troops when they purchase 500 minutes at a cost of 10 cents per minute. Subsequent minutes can be purchased at 4.9 cents per minute, via the Internet or at the Exchanges, at an estimated savings of about 40 cents per minute. The CyberPhone eliminates the need for high cost per minute phone banks and makes it easy for our troops to make calls back home. Currently there are approximately 140,000 Marines, Soldiers, Sailors and Airmen serving in the Middle East. The CyberPhone will be used by military personnel overseas as well as their families here in the U.S.
About Cybertel Capital
Cybertel Capital is a holding company that acquires interests in privately held companies. Cybertel Capital also acts as an incubator for profitable companies that would like to go public in the near future. Cybertel Capital provides services to these companies and investments into their infrastructure that enables them to become publicly traded entities through dividend distribution to the shareholders of Cybertel Capital.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements which are not historical facts contained in this advertisement are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, governmental approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the Company's filings with the Securities and Exchange Commission. -0- *T For more information contact:
KEYWORD: NORTH AMERICA CALIFORNIA UNITED STATES INDUSTRY KEYWORD: TECHNOLOGY GOVERNMENT DEFENSE NETWORKS TELECOMMUNICATIONS COMMUNICATIONS MARKETING CONTRACT/AGREEMENT PRODUCT/SERVICE SOURCE: Cybertel Capital Corporation
CONTACT INFORMATION: Cybertel Richard Mangiarelli, 858-646-7410
Could move, alot of buyers here after the news was released.Level 2 also looked good.
posted
If they are successful in getting overseas troops to use their product rather than AT&T calling cards, then I belive this stock has a great future. IMO of course.
quote:Originally posted by overand: Does anyone see this stock going anywhere?
quote:Originally posted by Brooklynite: I just added more. Looking for a quick run EOD.
Be careful! They said, "At September 30, 2004, we had total current assets of $184,784, including cash of $147,170. Management believes that our current cash on hand will be insufficient to meet our expenses during the next 12 months.
We will need to raise more cash by selling debt or equity securities to continue our operations. There can be no guarantee that the required funds will be raised."
posted
This Could go agian, alot of buying and news just out!
Business Editors / Technology Writers
SAN DIEGO--(BUSINESS WIRE)--Dec. 30, 2004-- Cybertel Capital Corporation (OTCBB:CYBT) announced today that its wholly owned subsidiary, Cybertel Communications Corporation, has shipped its VoIP (Voice over the Internet) CyberPhones(TM) to our troops in Iraq loaded with over 6,000 hours of long distance calling time. Based upon its successful benchmark over the holidays, when Cybertel first made its VoIP telephones available to our GI's for calls back home to their families, Cybertel's VoIP telephone is being shipped to the Marines in Iraq for calls home over the New Year Holidays. The calls are being made available free of charge to our Marines through Cybertel's donation. Retired U.S. Marine Corps. Colonel and CEO of Cybertel, Richard Mangiarelli, said: "I know what is for our young men and women to be away from home in remote places on the globe for long periods of time, and I've seen the look on their faces after days in battle waiting to call home and tell their families they are safe and sound. It's an honor to be able to make this VoIP service available to our troops. With the look, feel, size and shape of a cellular phone, the CyberPhone(TM) could one day be in every backpack with a call to home just minutes away." The CyberPhone(TM), which attaches to a USB port on a computer, will be free to the troops when they purchase 500 minutes at 10 cents per minute. Subsequent minutes can be purchased at 4.9 cents per minute over the Internet Cybertel is in the process of making the purchase of minutes available through many of the Military Exchanges worldwide. The CyberPhone(TM) makes it very easy for any soldier with access to a computer with an internet connection to make calls back home and be able to talk with their loved ones. First shipments of the CyberPhone are to Iraq with plans to expand throughout the Middle East and extend its access to the entire armed forces worldwide. Currently there are approximately 140,000 Marines,soldiers, sailors and airmen serving in the Middle East.
About Cybertel Capital
Cybertel Capital is a holding company that acquires interests in privately held companies Cybertel Capital also acts as an incubator for profitable companies that would like to go public in the near future. Cybertel Capital provides services to these companies and investments into their infrastructure that enables them to become publicly traded entities through dividend distribution to the shareholders of Cybertel Capital.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements which are not historical facts contained in this advertisement are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, governmental approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the Company's filings with the Securities and Exchange Commission. -0- *T For more information contact:
KEYWORD: NORTH AMERICA AFRICA/MIDDLE EAST CALIFORNIA UNITED STATES IRAQ INDUSTRY KEYWORD: TECHNOLOGY GOVERNMENT DEFENSE INTERNET TELECOMMUNICATIONS PRODUCT/SERVICE SOURCE: Cybertel Capital Corporation
CONTACT INFORMATION: Cybertel Richard Mangiarelli, 858-646-7410
posted
"The CyberPhone(TM), which attaches to a USB port on a computer"
Ahh, much better than a "UBC port". I'm glad to see they corrected that. I have faith in these guys. If the troops decide to use these guys , this bad boy could boom. IMO of course.
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
