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Media Calls
Whitney Fleming Environics Communications 203-325-8772, ext. 11 Wfleming@environics-usa.com |
Xpedite
Marion Bartholomew Xpedite/messageREACH 800-333-0568, ext. 7387 m.bartholomew@xpedite.com |
XPEDITE INTRODUCES SHORT TEXT MESSAGE BROADCAST SERVICE FOR GSM PHONES
New SMS Capability to Help Accelerate messageREACHSM International Growth
EATONTOWN, N.J. (March 28, 2001) - Xpedite (www.xpedite.com), a global leader in multimedia information distribution and a business unit of Ptek Holdings, Inc. (NASDAQ: PTEK; www.ptek.com), today announced the introduction of its Short Message Service (SMS) for GSM phones in Europe and South Asia. Xpedite's new SMS Broadcast service allows text messages to be broadcast to GSM phones using existing Xpedite access methods, which includes a dedicated Xpedite SMS Broadcast Web page, ftp access, PC-Xpedite software, or Simple Mail Transfer Protocol (SMTP). The SMS Broadcast service targets Xpedite's expanding European and South Asian markets.
The service enables Xpedite's customers to upload any list of GSM phone numbers and a corresponding short text message for distribution. Messages can be sent immediately or be scheduled for later delivery. After the messages have been sent, a detailed transmission report will be provided to the customer in a choice of formats. No peripheral devices or additional software are necessary to use the Xpedite SMS Broadcast service.
"We have the technology in place to leap ahead in the SMS marketplace here in Europe," said John Stone, Managing Director, Europe, for Xpedite. "We can leverage the rapid growth of messageREACH, our high volume e-mail services, in Europe to accelerate the deployment of our Xpedite Broadcast SMS service."
"We recently used Xpedite's messageREACH e-mail services, along with their new SMS service, to invite potential customers to attend a promotional event that tied in with a consumer product campaign," said Hans-Jurgen Curdt, General Manager of iQ.Serve, a German marketing company. "These services were a good way to extend the reach of our direct marketing program and we were very pleased with the favorable response."
According to the GSM Association, a leading industry group based in London and Dublin, there were more than 300 million GSM customers by the end of last year. The Association projected that in December 2000, there were 10 billion SMS messages sent to GSM phones. As GSM technology becomes more available in North America, Xpedite plans to roll out similar services in the United States and Canada.
About Xpedite
Xpedite (www.xpedite.com) is a global leader in multimedia messaging and a business unit of Ptek Holdings, Inc. (NASDAQ: PTEK). The company offers a full range of electronic-, voice-, and fax-based information distribution and data messaging services using the company's worldwide network. Xpedite processes up to eight million messages a day, and was named by IDC as the worldwide leader in fax-based messaging. The company's messageREACHSM (www.messagereach.com) service offers the most robust outsourced e-mail applications available, providing control, tracking, security, personalization and automated administration for high volume e-mail distribution. Xpedite's diverse client base includes such industry leaders as Boeing, Bank One, Marriott, Merck, Xerox, Chase Manhattan; almost half of the Fortune 500 companies. Xpedite has sales offices in 30 locations throughout the United States and 25 international offices, including Tokyo, London, Sydney, Seoul, Singapore, Brussels, Munich,Paris, Milan, Hong Kong Taipai and Kuala Lumpur.
About Ptek Holdings, Inc.
Ptek Holdings, Inc. (NASDAQ: PTEK) is a leading provider of communications and data services, including conference calling and Web-based collaboration; high-volume fax, e-mail and voice message delivery; and personal communications management systems that handle voice mail, e-mail and personal content. Ptek's business units include Premiere Conferencing, Xpedite and Voicecom. The company's PtekVentures investment unit has ownership interests in various new technology companies.
Ptek Holdings corporate headquarters is located at 3399 Peachtree Road NE, The Lenox Building, Atlanta, GA 30326. Additional information can be found at www.ptek.com.
Editor’s Note: For investor relations inquiries, please contact Eric Martin, (404) 504-2461 or eric.martin@ptek.com
Statements made in this press release, other than those concerning historical information, should be considered forward-looking and subject to various risks and uncertainties. Such forward-looking statements are made pursuant to the 'safe harbor' provisions of the Private Securities Litigation Reform Act of 1995 and are made based on management's current expectations or beliefs as well as assumptions made by, and information currently available to, management. A variety of factors could cause actual results to differ materially from those anticipated in PTEK's forward-looking statements, including the following factors: PTEK's ability to manage its growth and to respond to rapid technological change, the development of alternatives to PTEK's products and services and risk of obsolescence of its products, services and technology; new products and services must gain acceptance in the marketplace; PTEK's strategic investments in early stage companies, which have limited operating histories and are subject to significant risks, may not be successful and returns on such strategic investments, if any, may not match historical levels; the value of PTEK's business may fluctuate because the value of some of PTEK's strategic equity investments fluctuates; PTEK's strategic investments in companies that are subject to Securities Exchange Act of 1934 reporting requirements are subject to the risks disclosed by those companies in their public filings; PTEK may incur significant costs and be forced to make disadvantageous business decisions to avoid investment company status, and PTEK may suffer adverse consequences if it is deemed to be an investment company; PTEK's ability to develop effective marketing, pricing and distribution strategies for new products and services; competitive pressures among communications services providers, including pricing pressures, may increase significantly; costs or difficulties related to the integration of businesses and technologies, if any, acquired or that may be acquired by PTEK may be greater than expected; expected cost savings from past or future mergers and acquisitions may not be fully realized or realized within the expected time frame; revenues following past or future mergers and acquisitions may be lower than expected; operating costs or customer loss and business disruption following past or future mergers and acquisitions may be greater than expected; the success of PTEK's strategic and other distribution relationships, including the amount of business generated and the viability of the strategic relationships, may not meet expectations; PTEK may experience adverse results of pending or future litigation or adverse results of current or future infringement claims; failure of the platforms and network infrastructure utilized in providing its services could cause an interruption in PTEK's services due to the; risks associated with expansion of PTEK's international operations; general economic or business conditions, internationally, nationally or in the local jurisdiction in which PTEK is doing business, may be less favorable than expected; legislative or regulatory changes may adversely affect the business in which PTEK is engaged; and changes in the securities markets may negatively impact PTEK.
For a detailed discussion of these and other cautionary statements and factors that could cause actual results to differ from the Company's forward-looking statements, please refer to the Company's filings with the Securities and Exchange Commission, especially in the "Factors Affecting Future Performance" included in the Management's Discussion and Analysis section of the Company's Form 10-K for the fiscal year ended December 31, 1999 and in subsequent filings filed with the Securities and Exchange Commission.
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