SOURCE: Nettel Holdings

January 17, 2007 15:29 ET

PhoneZoo Becomes a Wholesaler of Prepaid Calling Cards

PORTLAND, OR -- (MARKET WIRE) -- January 17, 2007 -- PhoneZoo, a wholly owned division of Nettel Holdings, Inc. (OTCBB: NTTL), Berlin and Frankfurt Stock Exchanges (NT7, WKN 727487), has completed development and testing of a proprietary new system to provide distributors with prepaid phone card systems rather than the cards themselves. This will enable the distributors to market exactly what they want in terms of brand name and features. Now that the distributors will be handling their own customer service, PhoneZoo expects to grow more quickly, but at the same profit margin per PIN sold as before.

Previously, PhoneZoo sold prepaid calling cards with fixed rates, fees, and also handled incoming customer service calls. Under the new system, PhoneZoo will charge each distributor a monthly fee for access to PhoneZoo's gateways, phone lines, bandwidth, access numbers, and wholesale long distance network. Each PINs distributor will be able to create PINs batches, view usage, and perform other administrative tasks online, and each will set its own rates, service fees, billing increments, and handle all incoming customer service calls. Distributors will also be involved in designing and producing the phone card under their own brand name, and will be incurring the up front expense of printing the phone cards.

During the past four months several distributors have tested the new system. The results have been positive, with the distributors being very satisfied with the efficiency, benefits and voice quality of the PhoneZoo system.

Account managers will be contacting distributors in the US and other countries to help them get setup on the new system. New distributors may contact us at sales@phonezoo.net.

Contact Information

  • Contact:
    Investor Relations
    503-336-5098