USA's First VoIP Retail Store to Open Featuring Twister Networks VoIP ProductsIRVINE, Calif. --(Business Wire)-- June 22, 2004 -- Twister Networks Inc. (Pink Sheets:TWTN) today announced that with one of its key U.S. distributors, the company is opening what is believed to be the country's first retail store dedicated solely to Voice Over Internet Protocol (VoIP) products and services.
Twister Networks provides VoIP Internet phone calling devices and services worldwide, with its primary markets targeted at Asia, the United States, and Europe.
The retail store is located in the Orange County, Calif. area in the town of Garden Grove, with a Grand Opening scheduled for July 7, 2004 at 10 a.m. The retail store will feature Twister Networks VoIP Internet phone models i100, i300, and i400, as well as the upcoming i350, which is scheduled for release in the next 30-60 days.
Bruce Thomsen, Twister Networks' CEO, commented: "This is believed to be the first retail store in the United States solely dedicated to VoIP products and services. Although this first retail opening serves as a test, we believe that there may be a great opportunity in assisting our dealers and distributors in retail operations.
"Twister's business model is to sell our VoIP Internet phones and services in lots of 500 to upwards of 25,000 at a time as we distribute our phones to dealers, distributors, and corporations worldwide. Assuming operations of this first store are successful, the company could pursue an additional distribution channel through these company-assisted retail stores which could potentially support the order sizes we are seeking."
For worldwide dealer, distributor, and wholesale purchasing opportunities, please contact Steven Dao at 866-780-0224 or [email protected].
ABOUT TWISTER NETWORKS
Twister Networks Inc. (Pink Sheets:TWTN) provides Voice Over Internet Protocol (VoIP) communications solutions to Asian, Chinese, U.S., and European business marketplaces by leveraging Internet infrastructure and IP communications devices to provide low-cost, crystal-clear calling solutions worldwide.
Twister's Internet phones work very much like standard telephones, but rather than using phone lines, they connect through computer USB and Ethernet ports to establish a communications channel through the Internet.
Twister Networks currently offers three IP-Phone models: the i100, i300, and i400. For more information about Twister's VoIP phones and Internet telecommunications services, please visit http://www.TwisterNetworks.com.
To receive an Investor Kit for Twister Networks, or to join the company's mailing list, please contact Twister Networks' Investor Relations at 866-780-0224 or [email protected].
Cautionary Statement for the Purpose of the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995: Forward-looking statements in this news release are made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Certain important factors could cause results to differ materially from those anticipated by the forward-looking statements, including the impact of changed economic or business conditions, the impact of competition, the success of existing and new product releases, the management of our growth, other risk factors inherent in the telecommunications industry, and other factors discussed from time to time in reports filed by the company with the Securities and Exchange Commission. Twister Networks Inc. has and continues to institute changes to its strategies, operations and processes to address these risk factors and to mitigate their impact on Twister Network's results of operations and financial condition. However, no assurances can be given that Twister Networks will be successful in these efforts.