CONTACT:
Mostafa Razzak
JMR Worldwide
212.786.6036
m.razzak@jmrowrldwide.com
for release on January 27, 2010
XCast
Labs Reports 48% Revenue growth and surpasses 100k users ON THEIR Award-winning
dV&V VoIP platform
Global VoIP Joins Growing List of Communications Service Providers to Sign SaaS VoIP and
Video Leader
Puerto Rico (January 27, 2010) — XCast Labs (www.xcastLabs.com), a leading provider of hosted
digital Voice and Video Services over the Internet, today reported that in
2009, it achieved more than 48% revenue growth, and surpassed the 100,000-user
mark.
XCast Labs CEO, Cliff Rees, stated that, “Revenue grew by
48% in 2009, and we have been profitable since July – which we will continue to
be for the foreseeable future.” He continued,
“We topped the 100,000 total user mark in Q4 2009, and expect that number to
grow dramatically in 2010 as we continue to add more IP-PBX, SIP Trunk,
residential and Reseller customers.”
XCast Labs is unique in that its software-as-a-service
Digital Voice and Video offerings are based on its own proprietary platform.
Unified Communications functionality, 99.995% reliability and patented
Direct-RTP technology are among the true differentiators that enable XCast Labs
to support its position as a voice and video-over-IP leader (VoIP). Also
significant, is its ability to activate service for Reseller customers like
Cable TV operators and CLECs within 10-15 days, compared to other service providers
that need several months.
Among the growing list of XCast Labs customers is Global
VoIP, Inc (GVI). The Company’s
President, Matt Mirolla, provided the following insight into the decision to
work with XCast Labs over any other VoIP provider. “Global VoIP, Inc., was launched to fill the
communications needs of small-to-medium-sized businesses through hosted IP-PBX
and SIP Trunking solutions. Our core
base of clients and prospects was using aging PSTN technology so we needed to
find a reliable, cost-effective product to migrate these clients to VoIP.
“After researching several providers, Global VoIP decided on
XCast Labs. From past experience, GVI
found XCast’s proprietary Digital Voice & Video platform to be very
reliable as well as feature-rich. The white-label customer portal provides
excellent administrative abilities to our end-users, and we are confident that
that, with XCast as our partner, we will continue to provide our clients with
the exceptional products and services to which they have grown accustomed for
over 15 years.”
In addition to its presence at ITEXPO East 2010 in Miami, XCast Labs
will participate at the 2010 Caribbean Cable and Telecommunications Association
Annual Meeting in Puerto Rico.
ABOUT XCast Labs
XCast Labs is an
advanced SaaS (Software as a Service) provider that has developed a
comprehensive suite of software and hardware solutions that enable Cable
operators, CLECs, RLECs, ISPs, Telecom Resellers and marketing companies to
offer integrated IP-based services to their end-users. The company’s proprietary Digital Voice and
Video (DV&V) platform is a fully hosted, IP-based integrated solution that
delivers Class 5 switching with MIR (Most Intelligent Routing), Video
Telephony, IP-PBX, SIP Trunking and other advanced IP applications including
video conferencing.
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