SOURCE: InZon Corporation

August 30, 2007 09:00 ET

InZon Forms Joint Network Alliance With NewCom International

DELRAY BEACH, FL--(Marketwire - August 30, 2007) - InZon Corporation (OTCBB: IZON), a global telecom, media and wireless company, and NewCom International, Inc., a privately held operator of multiple earth station satellite facilities and provider of turnkey services for content management and distribution utilizing satellite, internet and fiber, today announced an agreement to jointly operate neutral switching and facilities services and cross market their complimentary products. The joint venture will provide the network and total range of safe, neutral switching, connectivity, facility and technology services required by the spectrum of telecom carriers and users. These facilities will supply much needed solutions and major savings with economies of scale by providing centralized facilities and a central exchange for all related services. As part of the agreement, WorldHub Exchange Ltd., a wholly owned subsidiary of InZon, will install its state-of-the-art switching equipment in the telecom and satellite facilities in Miami owned by Newcom, where the parties will service the world's telecom needs.

About InZon

InZon is a Global Communications Company that utilizes its own modern hybrid worldwide VoIP/TDM network for both voice and data traffic for a wide range of telecommunication services. InZon's software application group, SAE, provides the same proprietary operation support software (OSS) that has been licensed to and used by an impressive range of clients from the broadcast, telecom, media, and satellite industries, such as NBC, CBS, Hughes Television Network, British Telecom, PanAmSat and many others. In addition, InZon's VeriCash Division is developing systems for Stored Value/Mobile Wallet payment technologies designed to allow users to send money from their cell phone and acts as a Virtual Point of Sale device via secure modes in most countries in the world.

InZon's proprietary switches and systems control both traditional legacy TDM (Traditional Time Division Multiplexing Voice Circuits) and IP Telephony technology (or Transitional Telecom technology). This provides the Company with a hybrid system that is the best of both worlds. The Company uses its own proprietary, leading edge monitoring and management software to thoroughly evaluate profitability in real-time and employ dynamic routing that will allow its systems to immediately react to changing network conditions and reroute based on key predefined criteria. For the majority of its traffic, the Company now utilizes Voice over Internet Protocol ("VoIP") technology to provide complete voice, fax, data and conference call services on an ASP platform. This gives the Company the ability to provide rapid "time to market" on new services and provide the most economical and flexible operations possible.

The company operates from executive offices in Delray Beach, Florida, and maintains redundant telecom equipment installations at its executive offices as well as at facilities at 60 Hudson Street, in New York, with fully redundant switching systems for international operations in London, and the announced central switching facilities and exchange services to be offered jointly with NewCom through its newly formed subsidiary, WorldHub Exchange (WorldHubX™).

About NewCom International, Inc.

NewCom International (http://www.newcom-intl.com) is an industry leader in the global transport of communications via satellite, IP and fiber, and an innovative communications company committed to the fast, efficient delivery of customized solutions for the businesses, governments and organizations it serves. Its unparalleled project management and engineering team, dedicated network operations center, and strategically located facility are at the heart of the services it provides -- ensuring a one-stop solution for global communication needs.

Cautionary Note Regarding Forward-Looking Statements

The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. This release or any other written or oral statements made by or on behalf of InZon and its subsidiaries may include forward-looking statements which reflect the Company's current views with respect to future events and financial performance. Forward-looking statements involve the Company's current assessment of risks and uncertainties, which may cause actual events and results and prospects to differ materially from those expressed or implied in these statements. Certain information regarding such risks and uncertainties is set forth in the Company's filings with the SEC. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Contact Information

  • For further information contact:

    David F. Levy
    President and CEO
    561-279-8200

    Richard Dea
    Chief Financial Officer
    561-279-8200
    http://www.inzon.net