YAKC Yak Communications

Yak Communications Inc. (NASDAQ:YAKC), a provider of telecommunications services to residential and business customers, announced today the launch of its yakUnlimited Calling Plan for $19.99U.S. a month. This product offering is in addition to the other VoIP services offered by Yak, including yakForFree peer-to-peer Virtual VideoPhone and yakToAnyone PC-to-PSTN Calling. The yakUnlimited Calling Plan offers subscribers a U.S. (where 911 service is available) or Canadian local phone number to facilitate unlimited outbound and inbound calling with "full feature" functionality for only $19.99USD/$24.99CAD per month. "Our product roster presents a unique approach to marketing VoIP services to the consumer," said Charles Zwebner, Chief Executive Officer of Yak Communications. "We offer consumer-based products on both ends of the spectrum, whether a Skype or Vonage-type offering or a crossover hybrid in between, with an easy migration process. Everything from free member-to-member calling, purchasing prepaid PC-to-PSTN calling, to North American based local line replacement." "We have built a very compelling value proposition for our customers," said David Hurwitz, President of Yak WorldCity VoIP. "Residential consumers looking to maximize the benefits of their IP communications will see real value in using both a yak Virtual VideoPhone and Phone Adapter tied to a single account. Yak's WorldCity VoIP service combines both of these critical access device components tied to a very competitive rate." Yak WorldCity VoIP Services - yakForFree (www.yakforfree.com) is a software telephone with video and instant messaging capabilities, with all of the features of modern telephones, including hold, and conferencing. Instead of making calls over traditional copper, fiber-optic, cellular, or satellite telephone networks, calls made using yakForFree are routed over the Internet using high speed Internet connectivity (DSL or cable modem). yakForFree members can make and receive free calls from any other yakForFree member on their Virtual VideoPhone. - yakToAnyone (www.yaktoanyone.com) is a prepaid add-on feature allowing outbound PC-to-PSTN calling to anyone, anywhere, anytime. Subscribers can buy prepaid minutes for outbound long distance to the U.S.A. and Canada at $.02 per minute. Calls placed to international numbers using this service are extremely competitively priced. - yakUnlimited (www.worldcity.com) is a pre-subscribed service offering unlimited inbound and outbound USA and Canada calling for $19.99USD/$24.99CAD. yakUnlimited provides a local North American phone number for incoming calls (where 911 is available) and numerous features, some of which include: voice mail, unified messaging, caller ID, call waiting, and conference calling. "We are very pleased with the recent product launches. During the past month we have experienced over 15,000 downloads of our free PC-to-PC product with over 1,000 consumers upgrading to a paying service. Our marketing efforts are planned to increase substantially over the next few months and now, with our Unlimited product offering available, we believe the value proposition to our consumer is really attractive," added Zwebner. 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. 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)