Elephant Talk Announces Heads of Agreement with Telecombination International BV
December 08 2008 - 3:04PM
PR Newswire (US)
SCHIPHOL, Netherlands, Dec. 8 /PRNewswire-FirstCall/ -- Elephant
Talk Communications, Inc. (OTC:ETAK) (BULLETIN BOARD: ETAK) ,
announced that it has signed a Heads of Agreement contract with
Telecombination International BV. Telecombination will become a
mobile virtual network operator (MVNO) initially for the Dutch
market. As an MVNO, Telecombination will launch its product during
the spring of 2009 and will focus on both residential and business
customers by using the state-of-art technology of Elephant Talk's
mobile virtual network enabler (MVNE) platform. "With the
innovative technology of Elephant Talk's platform and the marketing
power of our partnership with one of the largest media groups in
Europe, we believe that we will create a unique proposition to the
Dutch market, soon to be followed by the rest of Europe," said Jaap
Nieuwenhuijs, together with his brother, Gert Jan Nieuwenhuijs,
director of Telecombination. "To compete in a market purely on
price is not a winning strategy anymore," said Gert Jan
Nieuwenhuijs. "We believe that developing new business models and
distribution channels will be the key to success." "We are proud
that we can serve Telecombination and help them to realize their
success," said Martin Zuurbier, CTO/COO of Elephant Talk. "This is
yet another example of a unique proposition with the flexible
capabilities of our platform. As we have one of the most advanced
IN platforms in the world, including a direct integrated flexible
CRM/Billing solution resulting in a wide ranging line of
possibilities, we are entering the next phase in the industry; new
MVNO's request complex integration of different systems, like
banking, media and converged technologies without getting a higher
upfront investment requirement or substantial operational
expenses." About Telecombination International BV Telecombination
International BV was established in January 2005 and will become a
new MVNO in the Netherlands. Telecombination has its roots in
Sweden, where a Telecombination sister company has successfully run
an MVNO model since 2001. The Company focuses on providing
cutting-edge mobile technologies and innovative business models to
the Dutch wireless market. Telecombination will not compete on
price but will launch new business models and distribution. These
new business models and distribution will attract the mobile
business market as well as the consumer market. About Elephant Talk
Communications Elephant Talk Communications is positioning itself
as an international telecom operator and enabler/systems integrator
to the multimedia industry by facilitating the distribution of all
forms of content as well as mobile and fixed telecom services to
global telecommunications consumers. The Company provides
traditional telecom services, media streaming, and distribution
services primarily to the business-to-business (B2B) community
within the telecommunications market where it has a presence. The
Company's global footprint as a fully licensed carrier, supported
by its propriety IN (Intelligent Network) and Billing/CRM (Client
Relationship Management) Systems, has been designed to offer
cutting-edge solutions to the increasingly competitive global
multimedia industry. Elephant Talk's telecommunications platform
eliminates the usual limitations caused by national borders,
networks, devices or media and, therefore, enables its B2B
customers to operate as independent telecom and multimedia
distribution organizations. Elephant Talk is also a system
integrator and developer for mobile telecom and content
distribution solutions; and, as a Mobile Virtual Network Enabler
(MVNE), the company has positioned itself as the premier
outsourcing partner for both Mobile Network Operators (MNO's) as
well as for Mobile Virtual Network Operators (MVNO's). At the same
time, Elephant Talk assists its MNO partners to more efficiently
provide a broad range of sophisticated services to their own
existing base of MVNO's. Elephant Talk is positioning itself as the
preferred MVNE partner of the larger, global Mobile Operators and
currently operates sophisticated networks in over a dozen markets
in Europe, Asia Pacific, and the Middle East. The Company was
ranked fifth on the Orange County 2008 Deloitte Technology Fast 50.
For more information, visit: http://www.elephanttalk.com/.
Forward-Looking Statements Certain statements contained herein
constitute "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995. These
forward-looking statements are based on current expectations,
estimates and projections about the Company's industry,
management's beliefs and certain assumptions made by management.
Readers are cautioned that any such forward-looking statements are
not guarantees of future performance and are subject to certain
risks, uncertainties and assumptions that are difficult to predict.
Because such statements involve risks and uncertainties, the actual
results and performance of the Company may differ materially from
the results expressed or implied by such forward-looking
statements. Given these uncertainties, readers are cautioned not to
place undue reliance on such forward-looking statements. Unless
otherwise required by law, the Company also disclaims any
obligation to update its view of any such risks or uncertainties or
to announce publicly the result of any revisions to the
forward-looking statements made here; however, readers should
review carefully reports or documents the Company files
periodically with the Securities and Exchange Commission. For media
enquiries, please contact: Telecombination International BV Mr.
Jaap Nieuwenhuijs Tel: +31 6 22907792 E-mail: Elephant Talk
Communications, Inc Mr. Steven van der Velden Tel:+ 31 20 653 59 16
E-mail: http://www.elephanttalk.com/ Elephant Talk Investor
Relations: RedChip Companies Inc. Jon Cunningham 1-800-REDCHIP
(733-2447), Ext. 107 http://www.redchip.com/ DATASOURCE: Elephant
Talk Communications, Inc. CONTACT: Mr. Jaap Nieuwenhuijs,
Telecombination International BV, +31-6-22907792, ; Mr. Steven van
der Velden, Elephant Talk Communications, Inc., +31-20-653-59-16, ;
Elephant Talk Investor Relations: Jon Cunningham, RedChip Companies
Inc., +1-800-REDCHIP (733-2447), Ext. 107, Web Site:
http://elephanttalk.com/
Copyright