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Lit Fiber # four
Group: Lit Fiber
Posts: 22
Joined: Dec. 2003 Posted: May 27 2004,20:04

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Free to Low Cost VoIP Calling Worldwide; $15 Million Net Revenue Product

LitFiber Inc. (OTC: LTBI) announces the public release of iTALK2u, the premiere VoIP calling software solution. Litfiber's flagship product, iTALK, is a revolutionary Peer to Peer calling solution utilizing the latest in VoIP technology to deliver phone calls with voice quality superior to regular phone lines. iTALK envisions the ultimate convergence of communication -- a ubiquitous delivery of voice and data across a software solution, iTALK, that is device independent.

"With the release of iTALK, free-to-low-cost worldwide communication is a reality. iTALK will transform the telecom landscape by introducing a communication concept that is cheaper, clearer, and evolutionary," said John D. Jarvis, Chairman and CEO of Litfiber. "LTBI has product and service revenue streams; on the product side, we believe iTALK will produce $15 million in net revenue its first year."

Litfiber's Network is prepared for a million downloads in the first month. In a peer to peer VoIP solution, each download of iTALK increases the security and speed of the overall system. Visit http://www.litfiber.com/italk.

"Inquiries have already been received from several public and private companies, including some Fortune 500 corporations, regarding the availability and viability of transitioning to a VoIP solution," added Jarvis. "When IBM announced it was moving it's phone infrastructure to VoIP, it was a vindication of VoIP technology by the largest tech company in the world, signalling the beginning of the end for copper phone networks. Ma Bell can't compete with the features we're able to develop, and she certainly can't beat, or even match, our prices."

iTALK2u offers voice quality superior to regular phone lines and a rich set of features including:



-- H.323 Compliancy
-- PC to PC Calling
-- Instant Message
-- Caller Holding
-- User Search Tool
-- Full voice duplexing

iTalk2u is presently in development on these features:


-- Call waiting
-- Voicemail
-- File Transfer
-- Email-2-phone
-- Full motion video and
-- Plain-old Telephony System (POTS) connection

"POTS delivers the ability to phone anywhere in the world. Combined with our full motion video, we will offer an amazing phone experience for the home user, a collaborative experience for the corporate user, and a state-of-the-art experience for government and security clients," said Jarvis.
LitFiber is a full service, engineering based, Fixed Wireless, Web Development and Telecommunications Company. LTBI combines expertise in wireless business communication systems, system integration, computer telephony software deployment, IP telephony, data networking with unparalleled customer service. Founded by John D. Jarvis Jr., LitFiber built its business first and foremost by providing cutting edge solutions based on real world needs which could only be solved by custom design. Please visit www.litfiber.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements, other than the statements of historical facts may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risk and uncertainties, including, without limitation, demand and competition for the company's products and services, the availability to the company of adequate financing to support its anticipated activities, the ability of the company to generate cash flow from operations and the ability of the company to manage its operations.



Contact:
LitFiber Inc.
http://www.litfiber.com http://www.litfiber.com/italk
John D. Jarvis Jr.
Chairman/CEO
LitFiber Inc.
[e-mail]
Vox: 281.255-9424, ext. 100

Edited by ricky on May 27 2004,20:10
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