ROCKVILLE, Md., Dec. 30 /PRNewswire-FirstCall/ -- WorldTeq Group International Inc. (BULLETIN BOARD: WTEQ) , a full-service solutions provider of Long Distance, Toll-Free services, and Financial Services announces a partnership with an established company in the VoIP marketplace.
"Beginning in January, our new sales team will begin aggressively marketing our expanded VoIP services. While we have previously offered some VoIP services, the accepting marketplace is allowing us to focus more resources in this area. Bandwidth availability has increased ten-fold in the last few years, resulting in a quality of service that is near perfect. VoIP is a more profitable business segment. We expect to see an additional $3,000 - $5,000 in additional monthly profits from VoIP very shortly after the program is initiated with continued acceleration throughout the year. By the end of 2005 we expect VoIP revenues and resulting profits to surpass our regular long distance services," stated Jeff Lieberman, CEO of WorldTeq.
"VoIP is starting to gain mass acceptance. Currently about 400,000 residents and hundreds of thousands of businesses use a VoIP solution for their communication needs. In 2004 alone, VoIP penetration in the business community grew from 3% to 14% of all business telephone traffic. By 2009 it is predicted that 12.1 million American households, nearly 17% of all households, will use VoIP technology to carry their voice traffic. It is expected that business usage of VoIP technology will be nearly 100% by this time," continued Lieberman.
About WorldTeq Group International
WorldTeq Group International offers a wide range of telecommunications, merchandising and financial services with related products via independent agents, associations, sales organizations and affiliate marketing.
For more information visit the company's Web Site at http://www.worldteqgroup.com/.
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements.
Certain information included in this press release (as well as information included in oral statements or other written statements made or to be made by WorldTeq) contains statements that are forward-looking, such as statements relating to consummation of the transaction, anticipated future revenues of the company and success of current product offerings.
Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ materially from those expressed in any forward-looking statements made by or on behalf of WorldTeq Group International.
Contact Information: WorldTeq Group International Inc., Jeff Lieberman, 888-263-7776, 413-513-1260 fax, jlieberman@worldteq.com
WorldTeq Group International Inc.
"Beginning in January, our new sales team will begin aggressively marketing our expanded VoIP services. While we have previously offered some VoIP services, the accepting marketplace is allowing us to focus more resources in this area. Bandwidth availability has increased ten-fold in the last few years, resulting in a quality of service that is near perfect. VoIP is a more profitable business segment. We expect to see an additional $3,000 - $5,000 in additional monthly profits from VoIP very shortly after the program is initiated with continued acceleration throughout the year. By the end of 2005 we expect VoIP revenues and resulting profits to surpass our regular long distance services," stated Jeff Lieberman, CEO of WorldTeq.
"VoIP is starting to gain mass acceptance. Currently about 400,000 residents and hundreds of thousands of businesses use a VoIP solution for their communication needs. In 2004 alone, VoIP penetration in the business community grew from 3% to 14% of all business telephone traffic. By 2009 it is predicted that 12.1 million American households, nearly 17% of all households, will use VoIP technology to carry their voice traffic. It is expected that business usage of VoIP technology will be nearly 100% by this time," continued Lieberman.
About WorldTeq Group International
WorldTeq Group International offers a wide range of telecommunications, merchandising and financial services with related products via independent agents, associations, sales organizations and affiliate marketing.
For more information visit the company's Web Site at http://www.worldteqgroup.com/.
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements.
Certain information included in this press release (as well as information included in oral statements or other written statements made or to be made by WorldTeq) contains statements that are forward-looking, such as statements relating to consummation of the transaction, anticipated future revenues of the company and success of current product offerings.
Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ materially from those expressed in any forward-looking statements made by or on behalf of WorldTeq Group International.
Contact Information: WorldTeq Group International Inc., Jeff Lieberman, 888-263-7776, 413-513-1260 fax, jlieberman@worldteq.com
WorldTeq Group International Inc.
© 2005 PR Newswire
