Feb 05, 2008 (BUSINESS WIRE) -- Given that telemarketing is the lifeblood of any number of industries--real estate, insurance, travel & leisure, banking, to name a few --Do-Not-Call (DNC) list compliance is a crucial aspect of conducting business in America. In 2006, consumers in the U.S. purchased $900 billion worth of goods and services through telemarketers. This number was actually up 50% from $600 billion in telemarketing sales the year before federal legislation was passed in 2002, suggesting that, if anything, regulatory compliance has a resoundingly positive impact on telemarketing sales.
Based in Glen Cove, New York, Compliance Systems Corporation (OTCBB: COPI, http://www.callcompliance.com) is a developer of technology-based compliance solutions for the teleservices industry. The company's primary patented product, TeleBlock(R) Do-Not-Call Blocking System, automatically screens and blocks outbound calls against federal, state, and in-house DNC lists.
"Telemarketers can't just 'phone it in' when it comes to state and federal Do-Not-Call list compliance," says Dean Garfinkel, Chairman and CEO of Compliance Systems Corporation. "Inadvertently placing calls to numbers on these lists can result in fines of $11,000 per call, millions in legal fees, tarnished brands, and even revoked licenses for businesses."
If a company employee--an executive in a branch office, a freelancer working from home, or a salesperson in the field--tries calling an individual on one of these lists, the number will be screened against the TeleBlock database and the call will be blocked. TeleBlock users also have the ability to call consumers who may be on the DNC list but have given permission to be contacted based on established business relationships.
Utilizing both Voice over Internet Protocol (VoIP) technology and traditional phone service, TeleBlock is the only fail-safe solution that ensures 100% state and federal DNC list compliance. It requires no office installation, additional equipment, or set-up fees. TeleBlock is available from a variety of well-known telecom companies, including Paetec Communications, Qwest, and Verizon Business. To date, the company has processed over six billion calls, a number equal to the entire global population!
Compliance Systems also offers the Regulatory Guide, an up-to-date, online subscription service that provides a compilation of state and federal telemarketing laws. The only such directory of its kind, the Regulatory Guide is co-branded with the American Teleservices Association (ATA) and American Resort and Development Association (ARDA). For more information, log onto: www.callcompliance.com.
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