| DTI
Announces Strategic Expansion in Asia-Pacific Market
Los Angeles, California -Dial-Thru
International Corporation (OTC BB: DTIX) and PT Ambhara Perdana (Ambhara)
today announced that they have entered into a joint venture agreement to
offer a variety of DTIX telecommunications services through Ambhara's
distribution channels in Indonesia. This estimated $7 billion market has
not yet been de-regulated, and DTIX will become one of only a handful of
companies that has gained entry.
John Jenkins, President of DTIX, said, "This venture gives us immediate
access to the Indonesian market at great costs savings. We expect to do
well with DTIX products and Ambhara's established presence in this market
of over 225 million people, one of the lowest rates of telecom penetration
in the region, and estimated growth of 25% annually."
The JV company will be known as PT DTI-Perdana, and will offer a wide
range of VoIP products, including ISP, ASP, Unified Messaging, and other
enhanced Internet telephony services. The JV company also announced plans
for immediate distribution of its jointly developed DTI-TelePINÔ service.
This is a calling-card product that allows customers to place direct dial
calls to all parts of the world utilizing the DTI IP telephony network.
Customers will also be able to call back to Indonesia using the DTI-TelePINÔ
card from any telephone when traveling. These cards are available via the
Internet or within Indonesia at a wide variety of locations including post
offices, universities, airports, bookstores, and other retail outlets.
Abiwibawa Halim, President Director of Ambhara, added, "The DTI-TelePINÔ
product is ideal for customers in this market. We expect to use this to
establish recognition for DTI-Perdana, and quickly expand to offer many
additional services to businesses in Indonesia. We look forward to a long
and profitable partnership with DTIX."
Dial-Thru International Corporation, DTIX, is a facilities-based provider
of telecommunications products and services. The Company provides a
variety of international telecommunications services including
international dial-thru, re-origination, Internet fax services, e-Commerce
services, wholesale carrier services, and prepaid phone cards. The Company
is developing a private IP Telephony network and utilizes Voice over
Internet Protocol (VoIP) packetized voice technology and other compression
techniques to improve both cost and efficiencies of telecommunications
transmissions. The Company utilizes state-of-the-art digital fiber optic
cable, oceanic cable transmission facilities, international satellites and
the Internet to transport its communications.
DTIX selectively targets emerging international markets with demand for
services that can be derived from IP technologies. DTIX is establishing
partnerships in emerging Asian, African and South American markets to
build super-regional networks that link customers and provide high margin,
value-added services within these areas that will uniquely position the
Company for long-term growth.
DTIX is aggressively pursuing international partnerships and targeting the
corresponding segment that resides and transacts business in the U.S. DTIX
calls this approach the "Bookend" strategy, and is successfully executing
this strategy, giving it better access to higher margin business segments
and further improving margins through cooperative cost-sharing with
international partners. Finally, DTIX focuses on "owning" the customer
relationship through its direct billing and sales capabilities, giving the
Company better access and the ability to market a portfolio of enhanced
voice and data services to small and medium sized businesses.
PT Ambhara Perdana is a well established privately held telecommunications
company located in Jakarta, Indonesia. Ambhara holds licensing from the
Government of Indonesia to market the TelePIN product line.
This release contains forward-looking statements within the meaning of the
Securities Exchange Act of 1934, which represents the Company's
expectations or beliefs concerning, among other things, future operating
results and various components thereof and the adequacy of future
operations to provide sufficient liquidity. The Company cautions that such
matters necessarily involve significant risks and uncertainties that could
cause actual operating results and liquidity needs to differ materially
from such statements, including, without limitation: (i) increased
competition in the telecommunications business, (ii) the price-sensitive
nature of consumer demand, (iii) the Company's dependence upon favorable
pricing from its carriers and suppliers and (iv) other risks indicated
herein and in filings with the Commission, including the Form 10-K for the
fiscal year ended October 31, 2000, which was filed on January 29, 2001
with the SEC. |