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Fusion Continues International Expansion with Launch of Fusion Jamaica
NEW KINGSTON, Jamaica and NEW YORK, Sept. 29 /PRNewswire-FirstCall/ -- Fusion announced today that its Jamaican subsidiary, Fusion Jamaica Limited, has achieved operational status in line with Company expectations. Fusion Jamaica is now positioned to offer Internet access and a full suite of advanced VoIP services to consumers and corporations throughout Jamaica, a $900 million telecommunications market.
Matthew Rosen, Fusion's President and Chief Operating Officer said, "We are very pleased with the initial feedback from Jamaican consumers and businesses. We believe there is a terrific opportunity to serve the Jamaican market through Fusion Jamaica's new suite of cost competitive, high quality, feature rich VoIP and Internet services. In the future, Fusion will offer VoIP services to the significant number of Jamaicans residing outside of Jamaica, allowing more cost efficient communication between friends and family around the world."
Commenting on the entry to the Jamaican market, Dr. Patrick Dallas, a partner in Fusion Jamaica noted, "In addition to our compelling suite of services and our commitment to excellence, Fusion Jamaica looks forward to providing consumers and businesses world class customer service."
The Honorable Phillip Paulwell, Minister of Commerce, Science, and Technology for Jamaica said, "We are very impressed with Fusion and are pleased to welcome them to Jamaica. The government looks forward to working closely to ensure the success of Fusion Jamaica and recognizes their long-term investment in our country. Fusion Jamaica's Internet and VoIP services will provide an opportunity for Jamaicans to communicate throughout our country and the world."
About Fusion:
Fusion provides its efonica branded VoIP (Voice over Internet Protocol) and other Internet services to, from, in and between emerging markets in Asia, the Middle East, Africa, the Caribbean and Latin America. Fusion currently provides a full suite of communications services to corporations, consumers, international carriers, government entities and Internet service providers in over 45 countries. For more information please go to http://www.fusiontel.com/ or http://www.efonica.com/.
(Logo: http://www.newscom.com/cgi-bin/prnh/20050705/NYTU073LOGO )
Statements in this Press Release that are not purely historical facts, including statements regarding Fusion's beliefs, expectations, intentions or strategies for the future, may be "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. All forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from the plans, intentions and expectations reflected in or suggested by the forward-looking statements. Such risks and uncertainties include, among others, introduction of products in a timely fashion, market acceptance of new products, cost increases, fluctuations in and obsolescence of inventory, price and product competition, availability of labor and materials, development of new third-party products and techniques that render Fusion's products obsolete, delays in obtaining regulatory approvals, potential product recalls and litigation. Risk factors, cautionary statements and other conditions which could cause Fusion's actual results to differ from management's current expectations are contained in Fusion's filings with the Securities and Exchange Commission and available through http://www.sec.gov/.
Fusion
CONTACT: Andrew Lewin of Fusion, +1-212-972-2000, alewin@fusiontel.com;or Investors: John Baldissera of BPC Financial Marketing, 800-368-1217
Web site: http://www.fusiontel.com/http://www.efonica.com/
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