SOURCE: Innovative Communications Technologies, Inc.

March 06, 2007 09:00 ET

Innovative Communications Technologies Deploys Private Calling Card Product

SEATTLE, WA -- (MARKET WIRE) -- March 6, 2007 -- Innovative Communications Technologies, Inc., (PINKSHEETS: ICTN), announces the deployment of its Private Calling Card (PCC) product as its newest addition to their Private Network Product Suite. The PCC platform allows customers to initiate calls from anywhere in the North American Numbering Plan (NANP) to anywhere in the NANP as part of their fixed cost lease. The product applies the existing Private Network business model by typically reducing costs by 50% and establishing a fixed cost lease payment for business customers. The PCC product was released from beta after a year of practical testing and marks yet another innovative telecommunications product for the company.

Innovative completed the beta testing recently with the assistance of Educational Service District 113 (ESD 113) as one of the initial beta clients. ESD 113 is a long standing client with Innovative since March 2005, serves approximately 2600 classrooms spanning 45 school districts in five counties within Washington State and began using the PCC product in March 2006.

"ESD 113 is pleased to be a part of this process. Innovative was responsive to our needs and we are satisfied with the result. We will continue to use this product and highly recommend it," said Mark Greear, Educational Service District 113, Olympia, Washington.

"I am excited to have seen another Innovative technology product through beta and now to release," says Joel Edwards, Director of Sales, Innovative Communications Technologies. "We plan to deploy the PCC product as part of Innovative's present Private Network Product Suite to our business customers."

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 approximately 21% of ReelTime Rentals, Inc.

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:

    Barry Henthorn
    Innovative Communications Technologies, Inc.
    (206) 812-3500