Yak Communications Inc.

Yak Communications Inc.

November 16, 2005 08:30 ET

Free Voice-and Video-Internet Calling Launched by Yak Communications Inc.

MIAMI, FLORIDA and TORONTO, ONTARIO--(CCNMatthews - Nov. 16, 2005) -

Easy-to-use software allows users to call and "see" friends and family worldwide

Yak Communications Inc. (NASDAQ:YAKC), a provider of telecommunications services to residential and business customers, announced today the launch of yakForFree (www.yakforfree.com), a Voice over Internet Protocol (VoIP) service that allows users to make - and receive - free unlimited voice and video calls to and from other yakForFree members all over the World.

In a crowded and competitive VoIP marketplace, yakForFree is distinguished by its free video capabilities and ease-of-use. By downloading the free Virtual VideoPhone, which takes less than a minute, users can make free calls over the Internet using a high-speed connection.

"yakForFree has the potential to reach millions of people worldwide, establishing Yak as a premier global VoIP provider," said Charles Zwebner, Chairman and Chief Executive Officer. "With the video capabilities, friends and family who live anywhere in the World can now 'see' each other more frequently. The familiar PDA-like appearance of our Virtual VideoPhone and easy and intuitive download will appeal to even the most technophobic users."

Users with an off-the-shelf PC camera can take advantage of free, two-way video calling and streaming video. In addition to video and Instant Messaging capabilities, yakForFree has all of the features of traditional telephones, including: Audio Conference for 10, Unlimited Distributed Conferencing, Quad User Video Conference, Audio and Video Call Recording, Speaker Phone Mode, Call Transfer, Call Logs & Missed Call Indicator, Auto Answer & Conference and Do Not Disturb.

Users can search the Yak Community directory listing (www.yakcommunity.com) for friends and, with the Buddy List feature, see which contacts are online at any given time. For even more features and functionality, users can upgrade to one of Yak's three WorldCity VoIP (www.worldcity.com) paid services to make voice calls to traditional landline telephones and cellular telephones worldwide at exceptionally low rates.

"yakForFree will further demonstrate the quality and value of our VoIP capabilities and is expected to assist Yak transition from a legacy telephony company, with roots in providing long distance service to ethnically and geographically diverse communities that require an economical way to stay in touch with friends and family in other countries, into a next generation Internet based communications and commerce company," stated David B. Hurwitz Chief Operating Officer and President of VoIP Initiatives. "We believe that people who use yakForFree will be so pleased by the quality and cost of our video and calling services that they will upgrade to a pre-paid or subscriber based Yak VoIP service that will allow them to call people on their phone and/or cellular phones."

Yak WorldCity VoIP Pricing Plans and Features

In addition to yakForFree, the Company offers:

- yakToAnyone: Call family and friends who are not yakForFree members on their home, business and/or cellular phones. Purchase prepaid credits ($5.00 - $20.00 in $5.00 increments) to make outbound calls to any regular domestic or international landline or cellular phone number. Calls to the U.S. and Canada cost only $.02usd.

- yakBasic: A subscription service that lets you make calls anywhere in the World from any high-speed Internet connection around the globe, at extremely low rates. Use your yakForFree Virtual VideoPhone, and/or add a Yak Phone Adapter ($59.99usd + Shipping & Handling) to place outgoing calls from a standard telephone. Includes 10 hours of U.S. and Canada outbound calling for $9.99usd/$12.99cad. (available mid December 2005)

- yakUnlimited: yakUnlimited is an inexpensive replacement for your existing phone line, or an extremely cost-effective second phone line for your home or home office. It offers all of the features of yakForFree and yakBasic, plus a U.S. or Canadian local phone number to facilitate inbound calling. Unlimited inbound and outbound U.S. and Canada calling for $19.99usd/$24.99cad. (available mid December 2005)

International calls for yakToAnyone, yakBasic and yakUnlimited are billed on a per-minute basis at extremely competitive rates.

About Yak Communications:

Yak Communications Inc. (NASDAQ:YAKC) is an Integrated Communications Provider (ICP) offering a full array of long distance (1+, toll free and dial-around), local lines, travel cards, cellular long distance, data services, and broadband voice (VoIP) to residential and small businesses in North America over high speed internet access. Yak currently serves approximately 900,000 customers for its traditional telecom services. For more information, visit www.yak.com.

Forward Looking Statements:

Statements contained in this news release, which are not strictly historical are forward looking within the meaning of the safe harbor clause of the Private Securities Litigation Reform Act of 1995. The Company makes these statements based on information available to it as of the date of this news release and assumes no responsibility to update or revise such forward-looking statements.

Editors and investors are cautioned that forward-looking statements invoke risk and uncertainties that may cause the Company's actual results to differ materially from such forward-looking statements.

Words such as "projects", "believe", "anticipates", "estimate", "plans", "expect", "intends", and similar words and expressions are intended to identify forward-looking statements and are based on our current expectations, assumptions, and estimates about us and our industry. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances are forward-looking statements. Although the Company believes that such forward-looking statements are reasonable, we cannot assure you that such expectations will prove to be correct. Our actual results could differ materially from those anticipated in such forward-looking statements as a result of several factors, risks and uncertainties. These factors, risks and uncertainties include, without limitation, our ability to satisfactorily address any material weaknesses in our internal financial controls, our success in integrating the operations of any newly-acquired businesses, and associated reduction in costs, the successful implementation of our business plans including growth of existing product offerings, strategic acquisitions and development of broadband telephony products, the successful integration of new management team members, continued and increased demand for our services, the successful deployment of new equipment and realization of material savings there from, competition from larger and/or more experienced telecommunications providers, our ability to continue to develop our markets, general economic conditions, changes in governmental regulation, and other factors that may be more fully described in our literature and periodic filings with the Securities and Exchange Commission. You are urged to carefully review and consider these disclosures, which describe certain factors that affect our business.

Contact Information

  • The Communications Group Inc.
    David Eisenstadt
    Media Relations (Canada)
    1-416-696-9900 x 36
    The Global Consulting Group
    Kathy Price
    Investor Relations (US)
    Yak Communications Inc.
    Larry Turel
    Investor Relations
    1-305-933-8322 x 105
    Maranon & Associates
    Legia Maranon
    Media Relations (Spanish Markets)
    The Global Consulting Group
    Joe Korbel
    Media Relations (USA)