[March 20, 2005] Yap International Inc, a VoIP Technology Provider, Enters Final Interoperability Testing Before Deployment Tweet LOS ANGELES, March 20 /PRNewswire-FirstCall/ -- Yap International Inc. announced today that through its exclusive Central and South American distributor Representaciones Gorbea SA (RGSA) that final interoperability testing of the Nomad VoIP CPE (customer premise equipment) operating over Asterisk based soft switches will begin the week of April 5, 2005. Gorbea SA has secured a contract to deploy 200,000 VoIP customer premise devices for Guatemala with the second largest telecommunications carrier in the region. Upon completion of these interoperability tests Yap International expects to see revenues in the next 90 days. "We are very excited for Yap International and its investors. We have the very real opportunity to grow 3 times the amount of paying customers that AT&T CallVantage service garnered in its first year, and a similar amount to Vonage in its first year, without spending in excess of a hundred million dollars in advertising, or having the telecommunications giant's (AT&T) brand name recognition. In fact, our marketing expense to date has relied entirely upon decades of relationships in the international telecommunications arena, and of course a better mouse trap," states Joseph Weaver, President and Chief Operating Officer of Yap International. About Asterisk Asterisk is a complete software based PBX and soft switch developed primarily by Digium. It runs on Linux and provides all of the features you would expect from a PBX and more. Asterisk does voice over IP in three protocols, and can interoperate with almost all standards-based telephony equipment using relatively inexpensive hardware. Asterisk provides Voicemail services with Directory, Call Conferencing, Interactive Voice Response, Call Queuing, among many other telephony features. It has support for three-way calling, caller ID services, ADSI, SIP and H.323 (as both client and gateway). About Representaciones Gorbea S.A. Representaciones Gorbea, S.A. (RGSA) has a major presence in the telecommunications sector in Central and South America. RGSA has entered into an exclusive contractual agreement with the second largest carrier in the region for 200,000 VoIP units to be deployed throughout Guatemala in 2005. The contract represents in excess of $52,000,000 USD and Yap International expects that its products will comprise the largest share of the order. Upon the successful completion of this Guatemalan trial - El Salvador, Bolivia, Paraguay will be added in Central and South America. On the African continent VoIP services will be deployed in Ghana, Mauritius, Senegal, Sierra Leone and Tanzania, representing a population in excess of 73.9 million. RGSA is also the exclusive representative for Level 3 (LVLT-Nasdaq) in Central America. About Yap International Inc. Yap International, Inc. is a development stage Internet Communications Company. The Company has entered into a Letter of Intent that upon reaching a definitive agreement will provide the exclusive rights to a revolutionary VoIP product line called NOMAD SYSTEMS that offers Dial-up, Broadband, DSL, Cable, Satellite and Wireless capabilities. The Company plans on targeting: 1) National fixed line II & III Tier carriers which are interested in effectively competing with the dominant carrier in their marketplace, 2) Large multinational corporations which need to have US or European presence by having, (for example), a United States number ringing in their offices in Guatemala or London- offering business partners a more economical way to communicate, and 3) Immigrants in North America, a means of significantly lowering their communication expense with their relatives in their country of origin. The Company is headquartered in Las Vegas with administrative offices in Vancouver and consultants that maintain, on behalf of the Company, sales offices in San Francisco and Newport Beach California. To learn more about Yap International, Inc. please visit us at http://www.yapint.com/ This release contains forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: our ability to continue as a going concern, adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of wireless networks or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law. For further information please contact: Yap International Inc. Investor Relations 23rd Floor, 1066 West Hastings Street Vancouver, B.C. Canada, V6E 3X2 Tel: (604) 601-8432 Email: [email protected] Url: http://www.yapint.com/ Yap International Inc. CONTACT: Yap International Inc., Investor Relations, +1-604-601-8432,[email protected] Web site: http://www.yapint.com/ [ Back To TMCnet.com's Homepage ]