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[September 27, 2004]
FoneFriend Plans to Acquire an Additional 40,000 VoIP Customers
LOS ANGELES, Sept. 27 /PRNewswire-FirstCall/ -- FoneFriend, Inc. (BULLETIN BOARD: FFRD) -- today announced that it plans to acquire 40,000 new Voice over Internet Protocol (VoIP) customers from InfiniCom Networks, Inc. during the month of October.
FoneFriend President, Robin Glanzl, commented, "As previously announced, we are committed to an aggressive expansion of our subscriber base. During October, we anticipate that our subscriber base will increase to over 110,000 customers, generating monthly recurring revenues of about $1.65 Million."
Karen Blevins, Vice President/Carrier Markets for InfiniCom Networks, Inc. said, "InfiniCom is deploying additional network assets to service the next 40,000 accounts anticipated during the month of October. We are extremely excited about the opportunity that this order represents as we surpass supporting 100,000 customers before the end of October."
About FoneFriend, Inc.
FoneFriend is a rapidly emerging company in the fast growing VoIP industry. The company provides its customers with access to extremely low cost, long-distance calling via the Internet, using only a standard telephone handset or their personal computer.
Contact: FoneFriend, Inc.
Forward Looking Statements
This release contains forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: our ability to continue as a going concern, adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of wireless networks or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law.
CONTACT: FoneFriend, Inc., +1-323-653-6110, email@example.com
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