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2006-06-01
IP Applications Corp. Inks With US LEC
US LEC Corp. (Nasdaq: CLEC), a full-service provider of IP, data and voice solutions to businesses and enterprise organizations throughout the Eastern United States, today announced Vancouver, Canada-based IP Applications Corp. (TSX-Venture: IPX), a leading provider of back-office systems to Internet Service Providers (ISPs), signed an agreement to resell US LEC’s MegaPOP Dial Internet services to its entire North American dial-up access customer base.
“IP Applications’ dial-up customers require a solutions provider that can help them evolve in a competitive business climate,” said Darren Dumba, executive vice president of sales and marketing for IP Applications. “With MegaPOP Dial Internet services, IP Applications can offer a competitively-priced service to help customers grow without sacrificing service quality or reliability.”
Under the agreement, IP Applications will resell MegaPOP Dial Internet services, which cover all 50 states and the District of Columbia to its ISP customers. In addition to dial-up Internet services, IP Applications also provides ISPs with critical back-office support including applications, systems and support.
“Companies like IP Applications find value in US LEC’s MegaPOP network because of its broad deployment and value in Dial Internet services,” said Russ Intravartolo, president of Internet telephony and ISP Operations for US LEC. “With nearly 42 percent of US households still choosing dial-up services to access the Internet and fewer national providers, MegaPOP is positioned well for market share growth.”
US LEC’s MegaPOP network delivers a diverse set of solutions over one network to businesses across North America. MegaPOP Dial provides ISPs with a total dial-up Internet access solution from local number availability to back-office reporting. MegaPOP Dial is available in all 50 states and the District of Columbia. MegaPOP VoIP provides VoIP Service Providers (VSPs) a full suite of services across 30 states and the District of Columbia. Based on customer requirements, MegaPOP VoIP provides either a complete platform that allows customers to provide a ready-to-use service or just a backbone platform, with the customer developing its own VoIP brand, pricing and subscriber services.
About US LEC
Based in Charlotte, N.C., US LEC is a full service provider of IP, data and voice solutions to medium and large businesses and enterprise organizations throughout 16 Eastern states and the District of Columbia. US LEC offers advanced, IP-based, data and voice services such as MPLS VPN and Ethernet, as well as comprehensive Dynamic TSM VoIP-enabled services and features. The company also offers local and long distance services and data services such as frame relay, Multi-Link Frame Relay and ATM. US LEC provides a broad array of complementary services, including conferencing, data backup and recovery, data center services and Web hosting, as well as managed firewall and router services for advanced data networking. US LEC also offers selected voice services in 27 additional states and provides enhanced data services, selected Internet services and MegaPOP® (local dial-up Internet access for ISPs) nationwide. For more information about US LEC, visit www.uslec.com.
About IP Applications
IP Applications Corp. is uniquely positioned to serve companies that are bringing online products, services, content, and Internet access to market. IP Applications provides a flexible combination of technology, systems and expertise for customers who have identified channels and products but who lack the delivery and support capabilities. IP Applications’ integrated Operational Support System, Help Desk and Network Monitoring Systems dramatically reduce the cost, complexity and time to market for online products and services.
Except for the historical information contained herein, this report contains forward-looking statements, subject to uncertainties and risks, including the demand for US LEC’s services, the ability of the Company to introduce additional products, the ability of the Company to successfully attract and retain personnel, competition in existing and potential additional markets, uncertainties regarding its dealings with ILECs and other telecommunications carriers and facilities providers, regulatory uncertainties, the possibility of adverse decisions related to reciprocal compensation and access charges owing to the Company, as well as the Company’s ability to begin operations in additional markets. These and other applicable risks are summarized in the “Caution Regarding Forward-Looking Statements” and “Risk Factors” sections and elsewhere in the Company’s Annual Report on Form 10-K for the period ended December 31, 2005, and in subsequent reports, which are on file with the Securities and Exchange Commission.
US LEC is a registered service mark of US LEC Corp. US LEC and Design (R) is a registered service mark and trademark of US LEC Corp. StarNet(TM) and MegaPOP(R) are service marks of US LEC Corp.
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