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PSC Wireless Set to Launch the Preferred Voice Platform on August 1
Wireless Carrier to Provide Voice Dialing Services to All Subscribers
DALLAS, TX - (June 24, 2002) - Preferred Voice, Inc. (OTC Bulletin
Board: PFVI), said today that PSC Wireless, a privately held wireless carrier
based in Columbus, Georgia has agreed to offer Voice Dial and Safety Talk
services to all of its subscribers beginning August 1, 2002.
The company
said the PSC deployment would begin producing substantial new revenues for
Preferred Voice beginning in the month of September, 2002.
According to
Bill Schereck, President of Preferred Voice, "the PSC deployment represents a
key piece of our strategy to achieve positive cash flow this fall. From contract
signature to revenue collection, we expect this deployment to be the fastest,
and the most cost effective in our history."
Kelly Bond, General Manager
for PSC Wireless, said "PSC decided to deploy the Preferred Voice platform to
provide customers with the most convenient and safest wireless experience
possible, and to create an important new revenue stream for our company."
"For the fist time since September 11, we are beginning to get a feeling
from wireless customers, like PSC, that market conditions are stabilizing, and
deployment of new revenue generating services, such as voice dialing, can go
forward," stated Schereck.
Voice Dialing allows a subscriber to access a
"Personal Dialing Directory" via a speed access code such as ** or #0. After
gaining access to the directory, the subscriber can speak the name or the phone
number they want to call. Preferred Voice will be utilizing its private SS7 VoIP
network to deliver speech driven services to PSC Wireless. This network-based
approach offers important advantages for both wireline and wireless customers.
The PSC market launch is one of a series of scheduled deployments Preferred
Voice has completed this year as part of an aggressive expansion plan. The
company is installing and launching services with carrier partners on a weekly
basis over the next two months.
About Preferred Voice
Based in
Dallas, TX, Preferred Voice, Inc. (OTC BB: PFVI) is a leading voice recognition
technology company. Through its Carrier Services Group, Preferred Voice markets
its products and services to wireless, ILEC and CLEC companies across the United
States. These enhanced voice services include Safety Talk voice activated
dialing, Emma TR the telephone receptionist, the Information Gateway which
provides voice accessed content, email management and BusinessConnect voice
directory assistance. Preferred Voice's Network Services Group provides carrier
connectivity, call management, provisioning and service delivery solutions for
carriers, voice portal providers, wireless application providers and other
enhanced features providers. Preferred Voice has signed agreements with 48
telecom carriers. These telecom carriers serve more than 5.5 million subscriber
lines in 36 states. For more information please visit www.preferredvoice.com.
About PSC Wireless
PSC Wireless is a wholly-owned subsidiary of
Public Service Communications, a privately-owned corporation providing
conventional and wireless telephone, internet, cable television and long
distance services to Georgia, Alabama, and South Carolina. As the first provider
of cellular telephone services to Columbus, Georgia, PSC Wireless began
operations as Public Service Cellular in September 1987 with only one tower and
one sales associate. Today, PSC Wireless serves a 10,000+ square mile active
service area in Georgia, Alabama, and South Carolina. PSC Wireless provides
customer service, wireless phone sales, professional installation and service
through more than 100 retail outlets
SOURCE: Preferred Voice, Inc.
This press release contains forward-looking statements. Since all
statements about Preferred Voice's plans, estimates and expectations are based
on current projections that involve risks and uncertainties, and are subject to
change at any time, the company's actual results may differ materially from
expected results. Readers should consider these risks and uncertainties, which
are discussed in documents filed by Preferred Voice, Inc., with the Securities
and Exchange Commission. These documents identify important factors that could
cause the actual results to differ materially from those contained in the
forward-looking statements. Preferred Voice, Inc. expressly disclaims any
obligation to update any forward-looking statements.
Company
Contact:
Bill Schereck
President / COO
(214) 265-9580
wschereck@preferredvoice.com
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