Yak Communications Inc. (NASDAQ:YAKC), a provider of telecommunications services to residential and business customers, will utilize CommPartners, Inc.'s VoIP network and enhanced applications to deliver its Unlimited Calling Plan as part of the Yak WorldCity VoIP (www.worldcity.com) service offering. The yakUnlimited Calling Plan will offer subscribers a U.S. or Canadian local phone number to facilitate unlimited outbound and inbound calling with features including Caller ID, Unified Messaging and Voice Mail for only $19.99usd/$24.99cad per month. The yakUnlimited Calling Service will offer robust telephony solutions through IP-based systems technology. The partnership with CommPartners provides a VoIP network infrastructure and enhanced applications that expands Yak WorldCity VoIP's current coverage area within the United States and Canada and enhances its yakForFree (www.yakforfree.com) service to include Local Number Portability (LNP) and 911 emergency and domestic termination services at a lower price point. "Our collaboration with CommPartners presents a unique approach for offering VoIP services to the marketplace," said Charles Zwebner, Chief Executive Officer of Yak Communications. "Instead of spending significant sums of money to duplicate a network infrastructure for the YakUnlimited Calling Service, we are partnering with CommPartners to deliver a VoIP technology solution offering the widest coverage area integrated into Yak's current VoIP systems. With the support of CommPartners, we will be able to offer additional advancements in the near future. We expect that our relationship with CommPartners will enable us to generate increased loyalty, expand our customer base, and ultimately provide Yak with a higher return on its investment." Currently, CommPartners offers one of the broadest IP-based network coverage for residential, SMB and enterprise-hosted VoIP services, with over 5,000 rate centers in the continental U.S. and Hawaii. CommPartners has applied for, and expects to obtain, Competitive Local Exchange Carrier (CLEC) status in all 50 states by next year, which will classify it as one of the largest networks of its type in the U.S. CommPartners has built its network for business-quality VoIP services, 911 emergency services capabilities and CALEA compliance - emerging issues that pose challenges to many VoIP service providers. The CommPartners' solution includes the CommPartners Management System (CMS) proprietary OSS platform for automated provisioning, billing, user interface and back office support capabilities. In addition, CommPartners offers hosted features including simultaneous ring, voicemail-to-e-mail, feature activation via the Web, and four-digit dialing. CommPartners provides VoIP facilitation services such as Subscriber Endpoint Control, Connectivity to the Public Switched Telephone Network ("PSTN"), Long Distance services, and Subscriber Management. "Through our alliance with Yak Communications, CommPartners will deliver yakForFree customers an immediate VoIP solution upgrade that provides unlimited service and allows them to reach a significantly larger calling area than before," said Dave Clark, President, CEO and Director of CommPartners. "We are excited to be a partner in this innovative initiative and to be a part of Yak's much expected success in the marketplace." About Yak Communications: Yak Communications Inc. (NASDAQ:YAKC) is an Integrated Communications Provider (ICP) offering a full array of long distance (1+, toll free and dial-around), local lines, travel cards, cellular long distance, data services, and broadband voice (VoIP) to residential and small businesses in North America over high speed internet access. Yak currently serves approximately 900,000 customers for its traditional telecom services. For more information, visit www.yak.com. About CommPartners CommPartners, Inc. was formed to "Enable the VoIP Promise" by offering hosted Voice over Internet Protocol services, including IP Centrex, hosted PBX and conferencing functionality and IP to PSTN connectivity to broadband and service providers. CommPartners' hosted VoIP services are designed for Internet Service Providers (wireline and wireless), IT Integrators, Multiple Service Organizations, Private Cable Operators, Independent Operating Companies, Fiber-To-The-Home and Overbuilding Entities. Founded and operated by industry veterans, CommPartners has a belief in optimizing packet-based protocols in a distributed architecture to facilitate VoIP connectivity and service offerings for broadband and service providers. For more information, call 702-367-VOIP (8647) or visit CommPartners' website at www.commpartners.us. Forward Looking Statements: Statements contained in this news release, which are not strictly historical are forward looking within the meaning of the safe harbor clause of the Private Securities Litigation Reform Act of 1995. The Company makes these statements based on information available to it as of the date of this news release and assumes no responsibility to update or revise such forward-looking statements. Editors and investors are cautioned that forward-looking statements invoke risk and uncertainties that may cause the Company's actual results to differ materially from such forward-looking statements. Words such as "projects", "believe", "anticipates", "estimate", "plans", "expect", "intends", and similar words and expressions are intended to identify forward-looking statements and are based on our current expectations, assumptions, and estimates about us and our industry. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances are forward-looking statements. Although the Company believes that such forward-looking statements are reasonable, we cannot assure you that such expectations will prove to be correct. Our actual results could differ materially from those anticipated in such forward-looking statements as a result of several factors, risks and uncertainties. These factors, risks and uncertainties include, without limitation, our ability to satisfactorily address any material weaknesses in our internal financial controls, our success in integrating the operations of any newly-acquired businesses, and associated reduction in costs, the successful implementation of our business plans including growth of existing product offerings, strategic acquisitions and development of broadband telephony products, the successful integration of new management team members, continued and increased demand for our services, the successful deployment of new equipment and realization of material savings there from, competition from larger and/or more experienced telecommunications providers, our ability to continue to develop our markets, general economic conditions, changes in governmental regulation, and other factors that may be more fully described in our literature and periodic filings with the Securities and Exchange Commission. You are urged to carefully review and consider these disclosures, which describe certain factors that affect our business. Yak Communications Inc. (NASDAQ:YAKC)
Yak Communications (NASDAQ:YAKC)
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