VoIP-PAL.com is pleased to announce that the Company will be expanding its market to 50 million users by launching its first foreign e-commerce Web site to South Korea. The Web site will enable users in South Korea to purchase the Company's VoIP products online, which will build VoIP-PAL.com's customer base substantially.
VoIP allows voice and data transmissions to be sent across a wide variety of Internet networks, allowing users to talk to each other using PC phones over the Internet. Consumers and businesses will be able to utilize VoIP at home or at the office for all of their communications needs, providing them with an alternative to expensive long distance telephone costs, saving them up to 70 percent.
VoIP-PAL.com recently held a nationwide teleconference to update shareholders on recent developments, discuss the Company's unique contract to sell a leading VoIP product and its position on becoming an acquisition candidate.