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Preferred Voice Signs Four New Carriers
37 Wireless and Wireline Providers Now Under Contract
DALLAS, TX.
July 26, 2001-- Preferred Voice, Inc. (OTC BB: PFVI), which on July 12 announced
the goal of bringing 40 carriers online by the end of this year, said today it
completed agreements with four additional wireless and wireline carriers,
bringing the number of carriers that have signed multi-year, revenue-sharing
contracts to 37. The company said the four new carriers, Advantage Cellular,
Cell XL Associates, DeKalb Telephone, and Illinois Valley Cellular, are expected
to contribute significantly toward the company's goal of 500,000 billable
subscribers online before Dec. 31, 2001.
According to Bill Schereck,
Preferred Voice President and Chief Operating Officer, "With the addition of
these four new agreements, I am very confident that Preferred Voice is going to
meet its deployment goals for calendar 2001. "
Participating carriers
agree to share revenues with Preferred Voice and to use Preferred Voice as their
exclusive provider of speech-driven enhanced services including Voice Activated
Dialing, Voice Mail Navigation, Voice Directory Assistance, Voice Calling Cards,
and Emma, the Perfect Receptionist. As recently announced, Preferred Voice will
be delivering these services over the Internet through its VoIP network
supported and hosted by AT&T.
Initially these carriers will be
offering their subscribers Preferred Voice's voice dialing service called
"Safety Talk. Safety Talk encourages its users to keep both hands on the wheel
while they are driving. Preferred Voice's voice recognition services do not
require the subscriber to buy or install any extra equipment and simply overlays
on their existing calling plans.
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.
About Preferred Voice
Based in
Dallas, TX, Preferred Voice, Inc. (OTC BB: PFVI) is delivering a new generation
of voice-activated dialing (VAD) and auto attendant services to the American
people through an expanding network of participating independent telephone
companies. Marketing its services to wireless, ILEC and CLEC companies across
the United States, Preferred Voice's enhanced voice services include Voice
Activated Dialing, Voicemail Navigation, Voice Accessed Content, Voice Calling
Cards, and Voice Telephone Receptionist. All of these voice services overlay on
their existing wireless and wireline phones as a voice alternative to
touch-tone. Preferred Voice has signed agreements with 37 telecom carriers that
serve over 4.7 million subscriber lines in 35 states.
Company Contact:
Bill Schereck
President / COO
(214) 265-9580
wschereck@preferredvoice.com
Agency Contact:
Ira Weingarten
Equity Communications
(805) 897-1880
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