Voiceglo, eDonkey Partner to Offer Internet Phone Service to Millions of eDonkey Users
Voiceglo's PC-Based Phone to Be Distributed Throughout P2P Network
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--July 26, 2004--Voiceglo, a global, full-service Voice over Internet Protocol (VoIP) communications company, today announced an exclusive strategic distribution agreement for its innovative PC and Web-based phone product - the GloPhone - with eDonkey, a leading global P2P network provider. Through this partnership, GloPhone will now be available on the eDonkey network, enabling its customers to use the Internet to make and receive low cost - even free - phone calls throughout the world.
Along with the Mp3, video and data files shared on the P2P network, over 2.7 million eDonkey users worldwide will now be able to also download the GloPhone and connect with friends and family anywhere - without experiencing the high phone bills that traditionally accompany long distance calling. eDonkey is currently the leader for P2P networking in Asia, Europe and Africa and is becoming the dominant P2P provider in the United States.
"With eDonkey's dominant global presence in the peer-to-peer community, we will be able to expand VoIP offerings even further, giving more people throughout the world the opportunity to communicate more often and for less money," said Edward Cespedes, president, Voiceglo. "Members of the peer-to-peer community already interact with each other through the sharing of music and movies. Now the GloPhone will give them one more way to communicate with one another in a more personal and cost-effective way."
"We are excited to be able to help get GloPhone out to the end users," said Sam Yagan, president, eDonkey. "Peer to peer technology offers software companies an unsurpassed method of distribution reaching millions of consumers willing and able to try new technology."
Voiceglo assigns all GloPhone customers a U.S. phone number that can be used through any Internet-enabled computer anywhere in the world for local, long distance and international calling. Through its proprietary patent-pending GloPhone product, Voiceglo provides subscribers with a way to call each other for free (i.e. peer-to-peer calling) through their broadband or dial-up Internet connection.
Through upgraded calling plans, customers can call or receive calls from anyone outside of their peer-to-peer network, using GloPhone much like a traditional telephone. Subscribers can opt for conventional phone features such as voice mail, call waiting, call forwarding, missed call information, caller ID and conference calling for significantly lower cost than traditional phone company services.
About Voiceglo
Headquartered in Fort Lauderdale, Fla, Voiceglo (http://www.voiceglo.com) is a global full-service Voice over Internet Protocol (VoIP) communications company. Since its inception in 2002, Voiceglo has grown to provide telecommunications service to thousands of customers worldwide. Voiceglo is a subsidiary of theglobe.com (OTCBB:TGLO), founded by Michael S. Egan (founder of Alamo-Rent-a-Car and Certified Vacations) and Edward A. Cespedes, a former investment banker with J.P. Morgan. Voiceglo's strategy is to provide phone numbers to an unlimited number of consumers and business customers - whether free or paid - and for these customers to use their phone number on any Internet-enabled computer anywhere in the world to make local, long distance and international calls. Through its proprietary patent-pending technology, Voiceglo recently launched its award-winning GloPhone product (www.glophone.com), which provides a way for subscribers to call each other while online (i.e. peer-to-peer calling) - as well as call and receive calls via traditional landline or wireless phones via a broadband or dial-up connection.
About eDonkey
eDonkey is a peer to peer network that supports file sharing, communication and data storage. Millions of users around the world connect directly to other peer computers and safely share files with each other. The eDonkey network is the second largest proprietary P2P network in the world, and the largest in Europe, Africa and Asia. eDonkey's innovative transfer protocol enables faster download speeds and a more enjoyable user experience. eDonkey is developed by MetaMachine, Inc. For more information on eDonkey, please visit www.eDonkey.com.
Safe Harbor
This press release includes forward-looking statements related to theglobe.com, inc. that involve risks and uncertainties, including, but not limited to, risks and uncertainties relating to integration of newly acquired businesses and assets, product delivery, product launch dates (particularly as they pertain to our Voiceglo services), the Internet, development and protection of technology, the management of growth, market acceptance of our Voiceglo VoIP products, our ability to compete successfully against established competitors with greater resources, the uncertainty of future governmental regulation (particularly as it pertains to the Internet and the provision of telephony services using the Internet) and other risks. These forward-looking statements are made in reliance on the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995. For further information about these and other factors that could affect theglobe.com's future results and business plans, please see the Company's filings with the Securities and Exchange Commission, including in particular our Registration Statement, as amended, on Form SB-2 and our Quarterly Report on Form 10-QSB for the quarter ended March 31, 2004. Copies of these filings are available online at http://www.sec.gov. Prospective investors are cautioned that forward-looking statements are not guarantees of performance. Actual results may differ materially and adversely from management expectations.
Contacts
Voiceglo, Fort Lauderdale
Michele Merrell, 954/769-5956
mmerrell@voiceglo.com
or
(For eDonkey) RLM Public Relations
Michael Raisanen, 310/207-9200 x111
mraisanen@RLMpr.com
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