TREVOSE, Pa., Feb. 21 /PRNewswire-FirstCall/ -- WorldGate Communications announced today that it will conduct an investor conference call tomorrow morning to discuss its plans for the marketing and distribution of the Company's Ojo personal video phone as a result of the announced end of the Motorola distribution agreement.
The conference call will be held on Wednesday, February 22, 2006 at 8:30 a.m. EST. The conference call telephone number is 877-329-9147 and the conference ID is 5671473. A replay of the conference call will be available for one week after the call at 706-645-9291 using the same ID number.
About WorldGate Communications Inc.
WorldGate is in the business of developing, manufacturing and distributing video phones for personal and business use, to be marketed with the Ojo brand name. The Ojo video phone is designed to conform with industry standard protocols, and utilizes enhancements to the latest technology for voice and video compression. Ojo video phones are designed to operate on the high speed data infrastructures provided by cable and DSL providers. WorldGate has applied for patent protection for its unique technology and techno-futuristic design that contribute to the functionality and consumer appeal offered by the Ojo video phone. WorldGate believes that this unique combination of design, technology and availability of broadband networks allow for real life video communication experiences that were not economically or technically viable a short time ago.
More information on WorldGate and the Ojo Personal Video Phone can be accessed at http://www.wgate.com/. WorldGate is traded on NASDAQ under the symbol WGAT. WorldGate and Ojo are trademarks of WorldGate Service, Inc.
This press release may contain forward-looking statements that are made pursuant to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Expressions of future goals and similar expressions including, without limitation, expressions using the terminology "may," "will," "believes," "plans," "expects," "anticipates," "predicts," "forecasts," and expressions which otherwise reflect something other than historical fact are intended to identify forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, the ability to fund operations or raise additional capital if needed and the other factors described in the Company's filings with the Securities and Exchange Commission. The actual results may differ materially from any forward-looking statements due to such risks and uncertainties. No obligation is undertaken to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
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