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8-K - WORLDGATE COMMUNICATIONS INC | v195137_8-k.htm |
EX-99.1 - WORLDGATE COMMUNICATIONS INC | v195137_ex99-1.htm |
FOR
RELEASE ON AUG 24, 2010
MEDIA CONTACT:
Susan
Donahue
Skyya
Communications
Ph:
646-454-9378
susan.donahue@skyya.com
WorldGate
Receives Formal Acceptance of Certification Testing from ACN for Ojo Vision
Digital Video Phone Clearing the Way for Purchase of 300,000 Units
More
Than $7.8 Million of Ojo Vision Units Shipped Second Quarter to ACN and its
Global Network of Independent Sales Agents under the Agreement
TREVOSE, Pa. (August 24, 2010)
WorldGate
(OTCBB: WGAT.OB); a leading provider of digital voice and video phone services
and next generation video phones; today announced it has received official
notice of certification and technical acceptance of the Ojo Vision digital video
phone (sold as the IRIS V by ACN), from ACN; the world's largest direct
seller of telecommunication services with operations in 20 countries spanning
North America, Europe, Australia and New Zealand. The notice of
acceptance clears the last remaining condition for ACN’s commitment to purchase
300,000 Ojo Vision video phones from WorldGate on an OEM basis.
“Overcoming
all the technical obstacles to delivering reliable, high quality, real-time
video communications for the consumer market has been difficult for many vendors
over the last decade, but I believe WorldGate’s new Ojo Vision video phone with
Ojo Quality has achieved this goal and is undeniably the best video phone on the
market today,” said Greg Provenzano, ACN president &
co-founder. “We are pleased to provide formal notice of acceptance
following our certification testing of the exceptional Ojo Vision video
phone.”
In April,
2009, ACN signed an agreement to purchase a minimum of 300,000 Ojo Vision video
phones to be marketed and sold by ACN’s global network of independent sales
agents. The agreement was contingent upon WorldGate achieving several
critical milestones, including passing formal technical acceptance by
ACN. Today’s announcement removes the last remaining condition to
full execution of this OEM purchasing commitment. Last quarter
WorldGate shipped over $7.8 million of Ojo Vision phones to ACN under this
contract with thousands more units being ordered and shipped to ACN each
month.
“Our
vision is, and will continue to be, to enrich the lives of people around the
world through our commitment to delivering state-of-the-art video phone communications
services,” said Allan Van Buhler, senior vice president of sales and
marketing for WorldGate. “ACN has been a true partner and
collaborator in the development and testing of our new Ojo Vision video phone,
and today’s announcement brings WorldGate one step closer to the realization of
our vision.”
For more
information or to order the Ojo Vision digital video phone and service, please
visit www.ojophone.com.
About
WorldGate
Founded
in 1996, WorldGate is a leading provider of digital voice and video phone
services and next generation video phones. In today’s increasingly
busy world where family and friends are spread throughout the globe, WorldGate
unites the lives of people in an effortless and affordable way using next
generation video communications technologies. Ojo Labs designs and
develops innovative digital video phones featuring high quality, real-time,
two-way video. In addition to offering the latest in video
technology, Ojo Services also provides a turn-key communication services
platform supplying complete back-end support services with best-in-class
customer service. This unique combination of functional design,
advanced technology and use of IP broadband networks provides true-to-life video
communication. As a result, Ojo Quality video brings family and
friends closer together by offering a new way to experience
communication—through an immediate video connection allowing them to instantly
hear and see each other for a face-to-face conversation. For more
information, please visit www.ojoservices.com
or www.ojophone.com.
###
This
press release may contain forward-looking statements that are made pursuant to
the safe-harbor provisions of the Private Securities Litigation Reform Act of
1995. Expressions of future goals and similar expressions including, without
limitation, expressions using the terminology "may," "plans," "expects,"
"anticipates," "forecasts," and expressions which otherwise reflect something
other than historical fact, including the purchase of 300,000 Ojo Vision Video
Phones by ACN are intended to identify forward-looking statements. These
forward-looking statements involve a number of risks and uncertainties,
including the factors described in the Company's filings with the Securities and
Exchange Commission. The actual results may differ materially from any
forward-looking statements due to such risks and uncertainties. No obligation is
undertaken to revise or update any forward-looking statements in order to
reflect events or circumstances that may arise after the date of this
release.
Additional
Links:
Twitter:
http://twitter.com/ojophone
Facebook:
http://www.facebook.com/home.php?#!/pages/WorldGate-Communications/130218167762?ref=ts
Media
Resources: www.ojoservices.com/news/media