| [August 18, 2008] |
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Etelos Marketplace Partner MTP Adds VoIP and Web Conferencing Offerings
SAN MATEO, Calif. --(Business Wire)-- Businesses looking for an integrated Web and telephone conferencing system need only to look to the Etelos Marketplace(TM) as Etelos, Inc. (OTCBB:ETLO) today announces the release of two new solutions from its Marketplace partner, MTP.
A new hosted-VOIP service and hosted Web conferencing solution are making their debuts. They join MTP's existing teleconferencing application in the Etelos Marketplace.
"MTP has seen the value that the Etelos Marketplace provides not only for application providers, but for application users," said Jeffrey L. Garon, Etelos President & CEO. "Etelos is out to create a Marketplace that is capable of addressing any issue or problem a business may face and address it with the best possible solution."
MTP Hosted VoIP Service, powered by Global Phone, is a business-grade hosted PBX system using Voice Over Internet Protocol (VoIP) that provides your business with a reliable alternative to costly PBX, IP PBX or Centrex lines. MTP is using the Dimdim platform to deliver Web conferencing as well. Dimdim is an open source Web conferencing service where you can share your desktop, show slides, share documents, collaborate, chat, talk and broadcast via Web cam with absolutely no download required for attendees.
"MTP has been selling IT and telecom solutions since 1983 so we have first-hand experience with every type of sales channel imaginable," MTP CEO Thomas A. Capone said. "Etelos provides MTP with an efficient way to deliver best-of-breed solutions to clients anywhere in the world, with excellent customer service and support. Half the battle in selling any type of IT product or service is getting customers to experience the savings, and the promised ROI of the offer. Etelos makes that problem disappear from the sales cycle."
For more information about MTP's products or the Etelos Marketplace, please visit www.etelos.com.
About Etelos, Inc.
Etelos provides on-demand browser-based applications on the hosting environment that you choose. Etelos(TM) technology for developing and deploying on-demand applications is revolutionizing the world of software distribution. The Etelos Marketplace(TM) gives developers an easy way to license, distribute and host their applications, and businesses a wide selection of fully customizable, on-demand applications. Etelos, Etelos CRM(TM), Etelos Projects(TM), and Etelos Marketplace are trademarks of Etelos, Inc.; other trademarks are the property of their respective owners. For more information about Etelos, please visit www.etelos.com.
About MTP
MTP is one of the fastest growing telecommunications companies in the United States. MTP boasts a management team composed of telecommunications industry veterans, most of whom have 20+ years experience in the competitive telecommunications business. MTP is a wholly owned subsidiary of the TAC family of companies. Since 1983, TAC has delivered significant savings and quality of service on the voice, data, wireless, IT, telecom and technology products and services used by Fortune 500 companies world-wide. TAC is one of the world's premiere information technology resources. TAC's core values of integrity, knowledge, innovation, flexibility and caring - guide us to exceed the expectations of our co-workers, partners and customers. For more information, please visit www.MTP-USA.com.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Etelos' business which are not historical facts may be "forward-looking statements" that involve risks and uncertainties. Forward-looking statements include, among other things, statements concerning the company's partnership with MTP and specifically this service or its success in the Etelos Marketplace, as well as the service's reliability and uptime, the future financial performance of our company, the acceptance of our products and services, the success and timeliness of our product and platform roll-out and other statements qualified by words such as "anticipate," "believe," "intend," "may" and other words of similar import. These statements are neither promises nor guarantees, but involve risks and uncertainties that could cause actual results to differ materially from those set forth in the forward-looking statements, including, without limitation: For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's reports that Etelos files periodically with the Securities and Exchange Commission. All forward-looking statements are qualified in their entirety by this cautionary statement, and Etelos undertakes no obligation to update publicly any forward-looking statement for any reason, except as required by law, even as new information becomes available or other events occur in the future.
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