VASC to Begin Offering IPN's VoIP Solutions to Vietnam
24 June 2004 - 2:30AM
PR Newswire (US)
VASC to Begin Offering IPN's VoIP Solutions to Vietnam IRVINE,
Calif., June 23 /PRNewswire-FirstCall/ -- IPN Communications, a
majority-owned subsidiary of DataLogic International, Inc. (OTC
Bulletin Board: DLGI; Berlin, Frankfurt Stock Exchange: 779612),
today announced that it is shipping its first VoIP system to VASC
Software and Media Company to begin offering IPN's VoIP solutions
to the consumer and business users throughout Vietnam. VASC
Software and Media Company is a wholly owned subsidiary of Vietnam
Post and Telecommunications (VNPT). VNPT is the largest state-owned
company in Vietnam with revenue in excess of USD $1.6 billion. The
company operates the national backbone telecommunications system as
well as occupying a dominant market share in end-user services.
VASC is an Information Technology company and Vietnam's major
communications agency. Its well-circulated e-newspaper, VietnamNet
(http://www.vnn.vn/), currently attracts over 300 million hits per
month. With their existing medium and VNPT telecommunications
infrastructure, VASC is well positioned to market and distribute
VoIP solutions throughout Vietnam. Vietnam is the second
fastest-growing telecommunications marketplace in the world,
according to the International Telecommunication Union. The
country, with a population of more than 80 million people,
represents a large market for cost-effective communication
solutions. "We are excited to work with VASC, a subsidiary of the
largest state owned company, in bringing our technologies to the
commercial, governmental, and general consumers of Vietnam,"
commented Michael Wu, IPN's CEO. "This venture will further expand
our market shares in the Asia Pacific regions and strengthen our
position as an emerging dominant player in that area." About VASC
and Vietnam Post and Telecommunications Corporation VASC Software
and Media Company is a subsidiary of Vietnam Post and
Telecommunications (VNPT). It is an Information Technology company
and is known as a prestigious communications agency through its
e-newspaper, VietnamNet (http://www.vnn.vn/), which attracts over
300 million visitors per month. Established in 1995, VNPT is the
largest state-owned post and telecommunications company in Vietnam
with revenue in excess of USD $1.6 billion. The company operates
the national backbone telecommunications system as well as
occupying a dominant market share in the end-user services. For
more information on VNPT, go to http://www.vnpt.com.vn/. About IPN
Communications, Inc. IPN Communications, Inc, a majority-owned
subsidiary of DataLogic International, Inc., is a provider of voice
over Internet protocol (VoIP) telephony products and services. The
company targets consumers and business users on a worldwide basis
who seek to reduce communication costs. IPN's product suite
includes USB and Ethernet based VoIP phones, videophones, and
turnkey servers that support in-network VoIP calling and VoIP to
public-switch telephone networks (PSTN). For more information on
IPN Communications, Inc., go to http://www.ipncom.com/. About
DataLogic International Inc. DataLogic International, Inc. is a
technology and professional service company dedicated to providing
a wide range of Information Technology and Communications related
products and services. For more information about DataLogic, go to
http://www.dlgi.com/ or contact Investor Relations at or (888)
530-8228. This release contains forward-looking statements within
the meaning of Section 27a of the Securities Act of 1933, as
amended and section 21e of the Securities and Exchange Act of 1934,
as amended. Those statements include the intent, belief or current
expectations of the company and its management team. Prospective
investors are cautioned that any such forward-looking statements
are not guarantees of future performance and involve risks and
uncertainties, and that actual results may differ materially from
those projected in the forward-looking statements as a result of
various factors. Accomplishing the strategy described herein is
significantly dependent upon numerous factors, many are not in
management's control. Some of these factors include the ability of
the company to raise sufficient capital, attract qualified
management, attract new customers and effectively compete against
similar companies. DATASOURCE: DataLogic International, Inc.
CONTACT: Investor Relations, DataLogic International, Inc.,
+1-888-530-8228, Web site: http://www.ipncom.com/ Web site:
http://www.vnpt.com.vn/ Web site: http://www.vnn.vn/ Web site:
http://www.dlgi.com/
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