/24-7PressRelease/ - SAN FRANCISCO, CA, October 23, 2006 - VoIP TalkFree's world position is substantially enhanced and has reached a new milestone in the third quarter. This week the company announced it has achieved its first profitable month in less than a year of its launch. It has done this by uncompromisingly focusing on and continuously improving its several advantages in the Africa, Asia, the Middle East, South America & the Caribbean Basin regions.
With international telecommunications expanding exponentially in emerging countries and Internet access now reaching beyond a 70% average annual growth rate, this huge under served market currently only entertains an approximate Internet penetration of 10%, compared to 60% penetration in the industrialized countries. (Source: International Telecommunications Union.) It is the 90% unmet demand that TalkFree bases its growth on. It has meets the challenge in several unique but proven ways. Paul Falchi, CEO of TalkFree, stated that, "We're proud that the distribution of our web based applications and tools and our business model have been so readily accepted by local environments in emerging markets. We're exporting the latest Silicon Valley VoIP small business solutions and introducing revolutionary, low-cost pricing telecom services. TalkFree's unique combination of technology and service provides an incredible opportunity to regions which still are facing legacy, monopoly tariffs."
TalkFree's success revolves around these five points. First, the company eliminates local and regional access problems by overcoming technical characteristics of the developing countries it enters. Second, it delivers to its distributors a complete VoIP Business in a Box without requiring a significant cash outlay. Third, it provides vendors and partners with the telecommunications industry's finest and brightest tools coupled with round-the-clock support in the vendor's native language. Fourth, the in-country distributors use their local knowledge and experience to create Internet business centers and a myriad of other telecommunications business systems that deliver worldwide telecommunications links to end users. Fifth, and a bedrock component to TalkFree's success, is all transactions are in local currency, no credit card is required, thus ensuring ease of access and repeat use by end users.
In business terms TalkFree's proven combination of marketing and advanced technology result in an uncommon ease-of-access for end-users; self-funding businesses generating cash streams spring-up virtually over night delivering both profits and rapid growth for vendors, thus ensuring a high-profit return for TalkFree and its investors.
TalkFree's success in emerging world markets is based on these features:
- Elimination of local and regional technical access problems
- A simple but effective marketing and distribution strategy using a vast network of local in-country distributors
- Unequalled web-based applications to help distributors and partners manage and grow their businesses
- Use of effective, economical open-source technologies in its network and business systems
- Effective instant business processes with transaction in local currencies resulting in fast cash response and return
- Rapid and high yield for its resellers and distributors
TalkFree is a socially responsible investment-based company composed of a diverse team of people with a profound understanding of the countries they serve. TalkFree is led by CEO Paul Falchi who brings over 25 years experience in international telecommunications and Internet-based services to the company.
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