PVI expects to commercially deploy service with a U.S.
carrier in the next 60 days
DALLAS, TX-September 15, 2004 - Preferred Voice, Inc (PVI).
(OTCBB: PFVI), a leading provider of personalization services, today announced
Rockin' Ringback, its new network-based service that enables users to choose an
audio file that callers will listen to while the phone is ringing. PVI's
ringback service provides wireless carriers with a new way to increase average
revenue per user (ARPU) and decrease churn while providing advanced
customization and personalization services for subscribers. PVI's ringback
service is compatible with any phone and across any network - wireless or
landline.
Built on PVI's proven architecture, which has been successfully deployed for
19 carriers in the U.S., Rockin' Ringback extends its end-to-end personalization
services capabilities to include mobile music services. PVI's "My Phone
Services" Mobile Personalization Services Suite is available to wireless
carriers who are seeking proven, reliable and scalable solutions to attract and
retain subscribers and increase ARPU.
PVI's Rockin' Ringback service allows subscribers to personalize their
dialing experience and entertain their callers with favorite music tracks, sound
effects and self-created messages. For example, a subscriber could assign a
ringback to her boyfriend so when he calls he hears Jessica Simpson's "Take My
Breath Away" until he answers the phone or assign Will Smith's "Parents Just
Don't Understand" to play for her parents when they call. One can also further
select the tune to be heard on a particular day of the week and/or time of the
day.
The market opportunity for ringbacks is substantial. Ringbacks are already
experiencing tremendous success in Asia. Korea's No. 1 wireless provider, SK
Telecom has achieved more than 30% penetration in just 2 years. According to
Ovum, by 2008 mobile music content could account for 28% of total music sales,
up from less than 1% last year.
"Our Rockin' Ringback service provides users with an exciting new mobile
experience that will further enhance the level of customization and
personalization," said Latif Nathani, CEO of Preferred Voice. "PVI is already
established as a strong partner for end-to-end managed service delivery for 19
carriers in the U.S. which gives us the competitive edge in offering this new
service to existing and new carriers and partners quickly and cost-effectively."
Rockin' Ringback is part of an integrated suite of mobile personalized
services. PVI's "My Phone Services" suite for wireless carriers announced today
enables a new breed of wireless applications that enable user-centric
communications. The suite includes tightly integrated products including the
Advanced Network Address Book, Network Voice Activated Dialing, SmartLine,
Push2Connect and Rockin' Ringback.
About Preferred Voice
Based in Dallas, TX, Preferred Voice, Inc. (OTC BB: PFVI) is a leading voice
recognition technology company. Preferred Voice markets its products and
services to wireless, ILEC and CLEC companies across the United States. Services
include Safety Talk voice activated dialing, Emma TR the telephone receptionist,
and Push2Connect conferencing on demand. Preferred Voice also provides carrier
connectivity, call management, provisioning and service delivery solutions for
carriers, voice portal providers, wireless application providers and other
enhanced features providers. For more information visit www.preferredvoice.com .
Media may contact:
Joni Hanson
DrivePoint Communications for Preferred Voice, Inc.
(206) 972-6823 or
joni@drivepointcomm.com
Except for historical information contained in this press release,
statements contained herein may constitute forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. These
forward-looking statements are subject to certain risks and uncertainties that
could cause actual results to differ materially from what is set forth in this
press release, as more fully described in the Company's filings with the SEC.
The Company does not intend to update any of such statements.