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LOS ANGELES, March 20 /PRNewswire-FirstCall/ -- Yap International Inc.
(OTC: YPIL.PK) announced today that through its exclusive Central and South
American distributor Representaciones Gorbea SA (RGSA) that final
interoperability testing of the Nomad VoIP CPE (customer premise equipment)
operating over Asterisk based soft switches will begin the week of April 5,
2005.
Gorbea SA has secured a contract to deploy 200,000 VoIP customer premise
devices for Guatemala with the second largest telecommunications carrier in
the region. Upon completion of these interoperability tests Yap International
expects to see revenues in the next 90 days.
"We are very excited for Yap International and its investors. We have the
very real opportunity to grow 3 times the amount of paying customers that AT&T
CallVantage service garnered in its first year, and a similar amount to Vonage
in its first year, without spending in excess of a hundred million dollars in
advertising, or having the telecommunications giant's (AT&T) brand name
recognition. In fact, our marketing expense to date has relied entirely upon
decades of relationships in the international telecommunications arena, and of
course a better mouse trap," states Joseph Weaver, President and Chief
Operating Officer of Yap International.
About Representaciones Gorbea S.A.
Representaciones Gorbea, S.A. (RGSA) has a major presence in the
telecommunications sector in Central and South America. RGSA has entered into
an exclusive contractual agreement with the second largest carrier in the
region for 200,000 VoIP units to be deployed throughout Guatemala in 2005. The
contract represents in excess of $52,000,000 USD and Yap International expects
that its products will comprise the largest share of the order. Upon the
successful completion of this Guatemalan trial - El Salvador, Bolivia,
Paraguay will be added in Central and South America. On the African continent
VoIP services will be deployed in Ghana, Mauritius, Senegal, Sierra Leone and
Tanzania, representing a population in excess of 73.9 million. RGSA is also
the exclusive representative for Level 3 (LVLT-Nasdaq) in Central America.
About Yap International Inc.
Yap International, Inc. is a development stage Internet Communications
Company. The Company has entered into a Letter of Intent that upon reaching a
definitive agreement will provide the exclusive rights to a revolutionary VoIP
product line called NOMAD SYSTEMS that offers Dial-up, Broadband, DSL, Cable,
Satellite and Wireless capabilities. The Company plans on targeting: 1)
National fixed line II & III Tier carriers which are interested in effectively
competing with the dominant carrier in their marketplace, 2) Large
multinational corporations which need to have US or European presence by
having, (for example), a United States number ringing in their offices in
Guatemala or London- offering business partners a more economical way to
communicate, and 3) Immigrants in North America, a means of significantly
lowering their communication expense with their relatives in their country of
origin. The Company is headquartered in Las Vegas with administrative offices
in Vancouver and consultants that maintain, on behalf of the Company, sales
offices in San Francisco and Newport Beach California. To learn more about Yap
International, Inc. please visit us at http://www.yapint.com
.:. Simon P. Ditner, Asterisk nut, http://uc.org/asterisk .:.
