[January 03, 2005] Vocalscape Announces License Agreement and Partnership with Netfone Services Inc. Tweet KATONAH, N.Y., Jan. 3 /PRNewswire-FirstCall/ -- Vocalscape Inc.(TM) (Pink Sheets: VCSC.PK), announces the company has entered into a licensing agreement with Netfone Services Inc. to license Vocalscape's proprietary Eyefon, an award winning VoIP soft phone and Vocalscape's pre-paid calling card cluster solution. The terms of the agreement include a five year license of Vocalscape's Eyefon, revenue sharing from long distance revenue, Netfone's agreement to distribute Vocalscape's pre-paid calling card solution to other Wholesale clients and Carriers, and Vocalscape's access to Netfone's network services and other value-added products. In addition, Vocalscape has agreed to provide network consulting services to support Netfone's VoIP network. Dr. Rafeh Hulays, Netfone's President, when asked of the partnership, stated, "We believe the Vocalscape's prepaid calling card solution and Eyefon is ahead of the competition. We especially like being able to offer a private label Eyefon to our client base and we appreciate the scalability of the product. The partnership between our businesses is a perfect fit: Vocalscape is a poised to be a leader in VoIP applications and Netfone is a leader VOIP service provider. This platform enables us to provide differentiated services into the market and develop services that can be marketed in the US and globally." Vocalscape's President Ron McIntyre says of the relationship "The VoIP marketplace is developing and Netfone team has had foresight in the very early stages to implement a VoIP network. Together with Netfone's experience and presence, this relationship should prove to be lucrative." About Netfone Services, Inc. (http://www.netfone.ca/) Netfone Services, Inc. provides voice over internet services in Canada to both the residential and business markets. Netfone is rolling out its service to more than 24 markets in Canada in the next few months covering 90% of the population. Netfone offers its services directly to end users, channel partners and service providers. About Vocalscape, Inc. Vocalscape, Inc. is an emerging developer of interactive communication software. The Company has created software and interactive solutions revolving around global communications and Data Voice Convergence. Vocalscape focuses on adding to customers website and customer support centers by integrating website solutions that enable real human assistance, live interaction services such as instant messaging, voice over the Internet (VOIP) and interactive desktop solutions sharing solutions. http://www.vocalscape.com/ Safe Harbor Act Disclaimer: This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations, are generally identifiable by the use of words such as "believe," "expect," "intend," "anticipate," "estimate," "project," or similar expressions. These forward- looking statements relate to, among other things, expectations of the business environment in which the Company operates, projections of future performance, potential future performance, perceived opportunities in the market, and statements regarding the Company's mission and vision. The Company's actual results, performance, and achievements may differ materially from the results, performance, and achievements expressed or implied in such forward-looking statements. The Pink Sheets does not require companies whose securities are quoted upon its systems to meet any listing requirements. With the exception of a few foreign issuers, the companies quoted in the Pink Sheets tend to be closely held, extremely small and/or thinly traded. Most do not meet the minimum listing requirements for trading on a national securities exchange, such as the New York Stock Exchange or the Nasdaq Stock Market. Many of these companies do not file periodic reports or audited financial statements with the SEC, making it very difficult for investors to find reliable, unbiased information about those companies. For all of these reasons, companies quoted in the Pink Sheets can be among the most risky investments. That's why you should take extra care to thoroughly research any company quoted exclusively in the Pink Sheets. Be aware that some broker-dealers are required by SEC Rule 15c2-11 to have some information about the issuer. Ask your broker-dealer whether it has any Rule 15c2-11 information before you invest. Contact: Ron McIntyre Vocalscape, Inc. 1-877-285-5587 Netfone Services, Inc., Vancouver Investor Relations, 604-676-3412 [email protected] Vocalscape, Inc. CONTACT: Ron McIntyre of Vocalscape, Inc., 1-877-285-5587; or InvestorRelations of Netfone Services, Inc., Vancouver, +1-604-676-3412,[email protected] Web site: http://www.vocalscape.com/http://www.netfone.ca/ [ Back To TMCnet.com's Homepage ]