SOURCE: Innovative Communications Technologies, Inc.

December 06, 2007 09:30 ET

ICT Adds Apple iPhone to "Cannes Project" Voice and Data Platform

SEATTLE, WA--(Marketwire - December 6, 2007) - Innovative Communications Technologies, Inc. (PINKSHEETS: ICTN) announces the addition of Apple's iPhone to the "Cannes Project" integrated voice and data platform. ICT's selection of the iPhone was based upon the popularity of the product and the user profile. This platform will enable the 1 million iPhones reported sold as of September 26, 2007 to send voice and data between any broadband capable mobile devices, the over 246 million Skpe users and all VoIP carriers without using cellular plan minutes and not requiring a cellular carrier wherever WiFi/WiMAX is present. The "Cannes Project" platform is intended to be a browser-less platform but in the case of the Apple iPhone, ICT will adhere to Apple's requirement to develop applications through the iPhone Safari browser.

"ICT believes through initial research that a proof-of-concept/beta can be achieved within a relatively quick timeframe with further capabilities to follow," said Joel Edwards, Director of Business Development with Innovative Communications Technologies. "The timing is now given the special excitement and popularity surrounding the iPhone and expected cost efficiencies this product will deliver to iPhone users."

The ICT Product Development Group intends this integrated voice and data platform to connect any broadband mobile device, broadband land line or personal computer for free. All other mobile device and landline connections are expected to have the ability to connect at a projected 60% reduced cost over present mobile, VoIP and telecom carriers.

About Innovative Communications Technologies

Innovative Communications Technologies is a communications specific technology development company and, since 1989, has been a pioneer in the development and positioning of private telecommunications networks for businesses. Innovative has a proven track record of developing communications specific technologies within the telecommunications, media and wireless industries. Innovative owns 21% of ReelTime Rentals, Inc. (PINKSHEETS: RLTR) (www.reeltime.com), 30% of Exosphere Aircraft Company, Inc. (PINKSHEETS: EXSA) (www.flyexosphere.com) and 100% of privately held ICT Private Networks and the Cannes Project.

Safe harbor statement under the private Securities Litigation reform Act of 1995

This news release contains forward-looking statements, including statements regarding Innovative's expectations about successfully expanding its GPTN business and securing significant additional customers for its products or services. Such forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from future results expressed or implied in such statements. These risks and uncertainties include the inability to manage expected growth, the loss of a large customer, the failure to realize the increased revenues and improved operating margins that the Company has associated with sales of GPTN, the loss of any key personnel, tightening regulation of the communications technologies and channels used in our systems, our inability to introduce new services that are accepted by the market, the loss or non-performance of our sales representatives, unfavorable results of existing and potential litigation, and the possibility that competitors could develop or acquire technology that could erode Innovative's technical advantages. The Company disclaims any obligation to update any such factors or to announce publicly the results of any revisions to any of the forward-looking statements contained in this news release.

Contact Information

  • Contact:
    Joel Edwards
    Director of Business Development
    Innovative Communications Technologies, Inc.
    206-219-6860
    Email Contact
    www.ict.net