XFONE 018 SIGNS
NEW CORPORATE CUSTOMERS TO
"SIMPLE." CELLULAR SERVICE
JANUARY 24, 2007
Jackson, MS & Petach Tikva, Israel – January 24, 2007 – XFONE, Inc. (AMEX, TASE: XFN), an international diversified communications services company, today announced that its Israeli subsidiary, Xfone 018 Limited, has enrolled several significant corporate customers in the company's new international cellular service program, "SIMPLE.". New subscribers include Amdocs and Elbit Systems among other large Israeli corporations.
SIMPLE. is an innovative cellular service that significantly reduces international roaming costs, allowing Xfone customers to dial and receive calls in almost 100 countries around the world while conveniently using the same phone number.
Mr. Rafael Dick, Managing Director of Xfone 018, Xfone, Inc.'s Israeli subsidiary, said, "As more and more businesses rely on cellular service as their primary communications vehicle, the demand for seamless, cost effective international roaming is growing everyday. Xfone 018's SIMPLE. service positions us as a key player in the approximately $190 million roaming market in Israel."
Mr. Guy Nissenson, President and CEO of Xfone, Inc., commented, "We continue to focus on organic growth by providing cost-effective, innovative offerings to our customers. While SIMPLE. is limited right now to our Xfone 018 customers in Israel, we are pursuing opportunities to expand this valuable service into other markets around the world and expect that the appeal of this service will help drive our continued growth in 2007."
"SIMPLE." is a Registered Trademark of Xfone 018.
About XFONE, Inc.
A U.S.-domiciled corporation, XFONE, Inc. is an international voice, video and data communications services provider with operations in the United Kingdom, the United States and Israel that offers a wide range of services, which include: local, long distance and international telephony services; prepaid and postpaid calling cards; cellular services; Internet services; messaging services (Email/Fax Broadcast, Email2Fax and Cyber-Number); and reselling opportunities. The Company serves customers worldwide. For the Company’s website, please visit: www.xfone.com
This press release contains forward-looking statements. The words or phrases "should," "would be," "will allow," "intends to," "will likely result," "are expected to," "will continue," "is anticipated," "estimate," "project," or similar expressions are intended to identify "forward-looking statements." The Company's financial results reflected above should not be construed by any means as representative of the current or future value of its common stock. All information set forth in this press release, except historical and factual information, represents forward-looking statements. This includes all statements about the Company's plans, beliefs, estimates and expectations. These statements are based on current estimates and projections, which involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. These risks and uncertainties include issues related to rapidly changing technology and evolving standards in the industries in which the Company and its subsidiaries operate; the ability to obtain sufficient funding to continue operations, maintain adequate cash flow, profitably exploit new business, and license and sign new agreements; the unpredictable nature of consumer preferences; and other factors set forth in the Company's most recently filed annual report and registration statement. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's analysis only as of the date hereof. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. Readers should carefully review the risks and uncertainties described in other documents that the Company files from time to time with the U.S. Securities and Exchange Commission.
| For More Information,
Please Contact: |
| U.S. IR Contact |
Israel IR Contact |
Xfone Contact |
John Nesbett/Jennifer Belodeau
Institutional Marketing Services (IMS)
Phone: 1-203-972-9200
E-mail: jnesbett@institutionalms.com
|
Zvi Rabin
Kwan Communications
Tel: (Israel) +972 50 560 0140
E-mail: zvi@kwan.co.il |
Niv Krikov
Chief Financial Officer
Phone: + 972.39254446 (Israel)
E-mail: niv@xfone.com |
| |
|
|
|
