Quantum Telecom Inc.: Forumtel Launches a Field Trial-of its "Sticky SIM"

Dec 22, 2011, 07:08 ET from Forum Mobile

NEW YORK, December 22, 2011 /PRNewswire/ --

Quantum Telecom Inc. d/b/a Forum Mobile (Nasdaq: QTMI) announced today that Forumtel, the US MVNO for the travel industry, has started field trials with their "Sticky SIM" offering. The trial began in Miami, Florida as a part of Forumtel's overall long distance communication campaign directed primarily towards the Latin American community. As part of the trial, Forumtel began offering its "Sticky SIM" to Miami based customers calling Mexico. The new "Sticky SIM" offering will give customers the ability to dial directly from their mobile handsets without need for calling cards or access number dialing while still offering competitive pricing.

The trial is the first phase of a comprehensive program launch. Forumtel's turnover from this project in 2012 is estimated by it at $5-10 Million.

"We are anxiously waiting to fully launch our offering" said Mr. Ami Segal, Forumtel Chairman and owner of the Forum Group. "The investments made during the past year result in our current ability to rapidly integrate telecommunication platforms".

The success of the trial was enabled by Forum Mobile ability to deliver a custom, turnkey solution. Through the knowledge and expertise of its technical team and partners, Forum Mobile provided an integrated flexible and redundant switching and billing web-based platform. Earlier this month Forum mobile started the implementation of an MVNO in Israel.

Mr. Benny Yehezkel, Executive VP of Forum Mobile, said: "We work with each of our partners and customers to help them reach their business goals. We are proud to be able to launch this trial within two months."

About Forum Mobile (http://www.forum-mobile.com)

Quantum Telecom, Inc. d/b/a Forum Mobile is a global Mobile Virtual Network Enabler (MVNE) with International presence in the USA, China, and UK. Forum Mobile provides MVNOs with a turn-key solution portfolio and service needed for their operations, market position and business expansion - starting with infrastructure and IT through MNO agreements, applications and handsets.

About Forumtel (http://www.forumtel.com)

Forumtel, as affiliated company of Forum Mobile, is a leading mobile virtual network operator in the international travel and hospitality marketplace. Forumtel specializes in high quality handsets and international cellular services, and provides global travelers and their agents with the lowest costs available for local, international calling, texting and group travel communications services. Forumtel customers include AssistCard, Virgin Holidays, hotel chains like HYATT, WYNN, MGM. Forumtel is headquartered in the USA with regional offices around the world.

Forward Looking Statement

This press release contains forward-looking statements concerning our marketing and operations plans. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. All forward-looking statements in this press release are made based on management's current expectations and estimates, which involve risks, uncertainties and other factors that could cause results to differ materially from those expressed in forward-looking statements. These statements involve a number of risks and uncertainties including, but not limited to, risks related to the MVNO market, our ability to successfully market and sell our products in South America, USA and the UK, general economic conditions and other risk factors. We do not undertake any obligation to update forward-looking statements made herein.

For more information Quantum Telecom, Inc. Ms. Yael Greenberg Forum@forum-group.com Tel: +1-212-888-9350

SOURCE Forum Mobile