U.S. Department of Commerce and U.S. Embassies Promote Innofone.com Globally
Thursday June 29, 11:54 pm ET
SANTA MONICA, CA--(MARKET WIRE)--Jun 29, 2006 -- Innofone.com Inc., (OTC BB:INFN.OB - News), the first public company to focus exclusively on the global market for IPv6 (also known as the New Internet), which includes opportunities for improved voice, video, data, and wireless communications, announced today that the United States Department of Commerce will assist in promoting Innofone.com products and services to additional international market segments, with a strong emphasis on Asia. Innofone.com's goal -- with the support of U.S. Department of Commerce and U.S. Embassies -- is to become the leader in the New Internet market by developing and consolidating an array of IPv6 products and services for governments and corporations around the world. The United States Federal Government and the United States Department of Defense have mandated transition to IPv6 by 2008. The Japanese Government estimates the total market size for IPv6-related products and services to total $1,550 billion dollars by 2010.
Alex Lightman, Innofone.com Chairman & CEO, stated, "With the assistance and advocacy of the U.S. Department of Commerce's export promotion agency, the U.S. Commercial Service, and the U.S. Embassies, Innofone.com is launching a major drive by presenting its IPv6-related products and services to government agencies, defense departments, academic and research centers, and IT companies in leading Asian markets. We welcome the support of the Department of Commerce and its partners, and thank them for the pivotal role they are playing in the development of our international corporate relationship and business development activities. Our meetings throughout Asia will include presentations by very high level local leaders, to enable us to set up a true dialogue with them. This will engender a dramatic and important opportunity for technology diplomacy throughout the region."
"The U.S. Commercial Service is pleased to be working with Innofone.com, Inc.," noted Maura Kim, International Trade Specialist from the agency's Los Angeles office. "Our worldwide network of professional trade specialists, which are based in U.S. Embassies in 80 countries, helps U.S. businesses like Innofone.com expand into additional international markets and find new strategic partners." The agency is assisting Innofone.com with capabilities presentations this July in the Philippines, China, South Korea, Japan and India, to aid Innofone.com in presenting both its products and services as well as an update on IPv6 technology, to major governments, companies and associations. The U.S. Commercial Service organizes, promotes and publicizes these overseas events, as well as delivers logistical support.
For more information on the United States Department of Commerce and its U.S. Commercial Service, please visit www.export.gov.
About Innofone.com, Inc.
Innofone.com, Inc. (OTC BB:INFN.OB - News), with its wholly owned subsidiary, IPv6 Summit, Inc., is currently the only public company to focus exclusively on Internet Protocol version 6 (IPv6). Innofone.com organizes world-class conferences and offers training, testing and consulting services and a broad range of products related to IPv6 for government and commercial customers, especially IT and wireless departments. For more information, see www.innofone.com and www.usipv6.com.
IPv6, also known as The New Internet, is a major upgrade to the existing Internet (Internet Protocol version 4, in service since 1973), and offers always-on security, high-quality video-over-Internet and other important new features that will profoundly influence a broad range of consumer, commercial and military devices. The Office of Management and Budget (OMB) recently mandated IPv6 for use by the US Federal Government, joining the US Department of Defense, which has already started transitioning to the new format.
"SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: The statements contained in this release which are not historical facts are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks and uncertainties include the Company's entry into new commercial businesses, the risk of obtaining financing, recruiting and retaining qualified personnel, and other risks described in the Company's Securities and Exchange Commission filings. The forward-looking statements in this press release speak only as of the date hereof, and the Company disclaims any obligation to provide updates, revisions or amendments to any forward-looking statement to reflect changes in the Company's expectations or future events.
Innofone.com Director, Investor Relations