SOURCE: Tradequest International

October 13, 2008 08:00 ET

Tradequest Outlines Strategic Plan

MIAMI, FL--(Marketwire - October 13, 2008) - Tradequest International (PINKSHEETS: TRDQ) doing business as IP1 Network, Corp., is pleased to report that it is on track and progressing as expected and plans to begin generating revenues after lighting its telecommunications network.

"Our network topology was built to ensure 100% redundancy for all network elements with some of the world's best domestic and foreign routes. Additionally, our network backbone and high quality IP based communication services essentially turn each of our partners into a fully functional IP based communications company overnight and allows them to offer a turn-key spectrum of telephony services solutions to their end users at competitive prices," said Luis Alvarez, the Company's CEO and Chairman.

Most telecom companies using IP technology market directly via retail prices to enterprise and consumer users or they market wholesale minutes to other smaller VoIP providers, as is the case with Vonage, AT&T, Packet 8, etc. IP1 Network differs in that the Company markets to partners directly, thus allowing each one to determine the markup or commission, while utilizing all of IP1's systems, processes and network in a fully branded fashion. In essence, these distributors become miniature telephone companies in their own countries or in the U.S.

Partners maintain the ability to attract enterprise and consumer users in their countries/regions while utilizing IP1 Network's infrastructure. Services are all pre-paid by the partners, with no ability to make calls unless a deposit has been pre-paid. Partners receive training as well as a turn-key infrastructure which allows them to sell telephony based IP services in a matter of days.

Key benefits enjoyed by partners are:

1. Partners know their local market better than anyone else. We provide the tools, infrastructure and technical support; they just concentrate on sales and service.

2. Customer and Partner satisfaction. Our systems are user friendly; they are branded by the Partner and with technicians available to assist.

3. Quality. We are fully redundant in our network infrastructure with worldwide quality routes.

4. Great price. We provide partners the ability to sell long distance and other IP based services at lower rates than the incumbent telephone companies, thus providing them with a competitive advantage.

5. Pre-paid. We reduce our risk through pre-payment via our partner support suite.

6. Product Mix. We have services geared to both enterprise and consumer users such as SIP Trunking, hosted PBX solutions, ANI recognition, MPLS, long distance, toll free services, video conferencing, enhanced fax services, international telephone numbers in over 65 countries and local telephone services, along with broadband services in the U.S.

About IP1 Network Corp.

IP1 Network Corp. is an Enhanced Applications Services Provider that offers worldwide enhanced, internet based services, including digital telephony and other IP based services to medium and large size synergistic businesses that can offer such IP services to their client base in the U.S. and Latin America. The company's operations are located in South Florida. For further information please visit www.ip1network.com.

This document includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding Tradequest International or IP1 Network, Corp., and their affiliates, including, without limitation, expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, as well as statements that include words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and other similar expressions are forward-looking statements. Such forward-looking statements are inherently uncertain, and readers must recognize that actual results may differ materially from expectations or projections. Neither Tradequest International nor IP1 Network, Corp., undertakes any duty to update such forward-looking statements. Factors that may cause actual results to differ materially from those in the forward-looking statements include the ability to fund operations, actions of competitors, consumer acceptance of existing and new product offerings, and changes in general economic conditions. Many of these factors are outside of the control of Tradequest International and IP1 Network, Corp.

Contact Information

  • CONTACT:

    Investor Relations
    Michael Wilson
    Email Contact
    (305) 446-1380