Voip-Pal.Com Inc. 4th Quarter 2012 Corporate Update
BELLEVUE, Wash., Sept. 18, 2012 /PRNewswire/ -- Voip-Pal.Com Inc. ("Voip-Pal") (OTC Pink sheets: VPLM) is pleased to provide the following Fiscal 4th Quarter update on its Patent Portfolio:
Voip-Pal.Com has completed the beta testing of its five specific patents which contain competitive and licensable technologies. The newly acquired patents are RBR (Routing, Billing and Rating), Lawful Intercept, Short Code/Emergency Dialing, Mobile Gateway, and Advanced Interoperability Solutions and have been successfully integrated onto Voip-Pal's Cloud Server. Voip-Pal.Com anticipates a full retail launch of its patents to the public on its proprietary VoIP soft switch platform before the 2012 calendar year.
In conjunction with the retail launch of the patents on its Cloud Server, Voip-Pal will launch a new user-friendly website designed to increase traffic and subscribers. In addition, the new VoIP soft switch platform with which the five patents are integrated is proprietary and more reliable and scalable than its current licensed VoIP soft switch platform.
Voip-Pal will continue to provide VoIP solutions for the casual and business international travelers who must rely on their smartphones, laptops or tablets in order to communicate. The integration of the five patents and the proprietary soft switch will allow an additional income stream from its licensing program.
"Once the newly integrated VoIP soft switch has been launched to the retail public," states Dennis Chang, President of Voip-Pal, "we can begin a joint venture marketing campaign with leading airlines and rewards programs to allow users to purchase long distance minutes from Voip-Pal through their accrued airline points instead of using cash or credit card. With the launch of our new soft switch and integrated patents we will have completed a major potential breakthrough for our company and this should herald an exciting time for our Company and its shareholders."
About Voip-Pal.Com Inc.
Voip-Pal.Com Inc. is a broadband VoIP telecom company offering local and long distance VoIP services to consumers and business owners. The company also provides VoIP communication and reseller solutions for its partners. Voip-Pal.Com Inc. is the enabler of international calls using VoIP technology on the internet, smart cell phones and PC Tablets. Voip-Pal's goal is to provide a quality, high-speed and cost-effective telephone solution for the casual and business international traveler who must rely on their smartphones, laptops or tablets in order to communicate. Voip-Pal.Com, through its wholly owned subsidiary "Digifonica (International) Limited Gibraltar", is a technical leader in the VoIP services market which had revenues of $58 Billion in 2011 and is experiencing double digit year-over-year growth. The addition of Digifonica Gibraltar's patent portfolio greatly enhances shareholder value and will contribute to significant revenue growth for Voip-Pal.Com.
Retail Website: www.pointsphone.com.
Corporate Website: www.voip-pal.com
Company Contact: Dennis Chang, CEO: email@example.com
Stock Quote: www.otcmarkets.com/stock/VPLM/quote
All statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.
SOURCE Voip-Pal.Com Inc.