Yak Communications Inc.

Yak Communications Inc.

June 07, 2006 08:00 ET

Yak Communications Inc. to Market VoIP Services Through Intel's Latest PCI Phone Adapter

MIAMI, FLORIDA and TORONTO, ONTARIO--(CCNMatthews - June 7, 2006) - Yak Communications Inc. (NASDAQ:YAKC), a provider of legacy and VoIP telephony services to residential and business customers announced today that it has signed a Software License and Distribution Agreement with Intel. Yak will offer its WorldCity VoIP® product suite in conjunction with the roll out of the Intel® 600SM PCI Phone Adapter.

Aimed at simplicity and ease of use, the new Intel® 600SM PCI Phone Adapter features an integrated Analog Telephone Adapter (ATA) that works seamlessly with Yak's VoIP premium telecommunication services: yakToAnyone™ and yakUnlimited™ services (http://www.yak.com/yakworldcity/wc).

"Yak is thrilled to deliver a turnkey, easy to use VoIP solution in conjunction with the Intel® 600SM PCI Phone Adapter which makes it easier for our VoIP customers to access and enjoy our premium VoIP services," stated Charles Zwebner, Chairman and CEO of Yak Communications Inc. "This relationship serves to both optimize our products for compatibility with phone ready PCs and provide a distribution model that will help us accelerate our execution plans on our VoIP business strategy."

Participating in the expected high growth VoIP market on PC platforms and the roll out of the Intel® 600SM PCI Phone Adapter through its strong distribution engine of over 150,000 small and medium systems builders/integrators worldwide is a compelling marketing opportunity for Yak," stated David Hurwitz, President of Yak WorldCity VoIP. "This is an opportunity for Yak to increase its customer base and end-user awareness by delivering an easy-to-use VoIP solution to our customers. End-users who purchase a phone ready PC based on the Intel® 600SM PCI Phone Adapter will be presented with a special offer to subscribe to yak VoIP services - yakToAnyone and yakUnlimited", added Hurwitz.

"We are pleased to announce our work with yak Communications on our upcoming new desktop client focused VoIP product, the Intel® 600SM PCI Phone Adapter. The exponential growth of the worldwide VoIP telephony market will allow small business and residential customers to realize the significant cost-saving benefits traditionally associated with the Enterprise segment," says Philip Chen, Marketing Director, Intel. "VoIP subscribers will benefit from the increased performance of Intel® dual-core technology in PCs. Intel dual-core platforms are uniquely suited to handle the performance demands of VoIP applications by improving system responsiveness during VoIP calls, while preserving call quality", added Chen.

About Yak Communications:

Yak Communications Inc. (NASDAQ:YAKC - News) is an Integrated Communications Provider (ICP) offering residential long distance (1+, dial-around, calling cards and cellular long distance) and VoIP services to residential customers in Canada and the United States and a full array of telecommunications services to small and medium-sized businesses in Canada, including local lines, toll services and data services. Yak currently serves approximately 850,000 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

  • Yak Communications Inc.
    David B. Hurwitz
    President WorldCity VoIP
    1 (267) 688-2128