STOCK MARKET ALERT: ICTN Reports Revenues UP in all segments of its Businesses
OTC FIRST ALERT - New Public Company of the Month Symbol: ICTN Market: PK Sector: ICTN Pioneering Proprietary Technology at Forefront of $300 Billion Telecom Industry BREAKING NEWS: SEATTLE, Feb 9, 2004 (BUSINESS WIRE) -- Innovative Communications Technologies, Inc., (ICTN) reports gross revenue increased 21.6% from November 2003 to December 2003, and increased 29.7% December 2003 to January 2004. BREAKING NEWS: SEATTLE, Jan 29, 2004 (BUSINESS WIRE) -- Innovative Communications Technologies, Inc., (ICTN) wireless division announces the signing of additional sub-dealers to their National Premier VAR Dealer Agreement to promote and sell wireless products and data and voice services for T-Mobile USA, Inc. Technology and telecommunications stocks are back in play. They remain the top two sectors in Value Line's technical and timelines rankings, leading the entire stock market in growth in part of 2003. "It's difficult to imagine a major rally without the support of technology and telecom stocks", says Value Line. "They account for more than 20% of the stock market's capitalization." ICTN's proprietary technology and alliances with industry leaders have place ICTN at the forefront of the telecommunications industry. * ICTN's the only company offering businesses the ability to double their call capacity for long distance and toll free usage, while generally cutting bills in half and paying one fixed monthly lease cost. ICTN accomplishes this by implementing their proprietary GPTN (Global Private Telecommunication Network) product, a technology similar to but of higher quality than Voice Over Internet Protocol (VoIP). * ICTN builds its unique proprietary self-contained private telecommunications network, known as GPTN, then leases it to its business customers allowing voice to travel between calling areas as if they were local. Traditionally, using the Internet to place phone calls has quality issues. The solution is GPTN, which utilizes Voice Over Packetization Technology (VOPT), a leading-edge technology specifically designed to carry voice calls over private networks. This is a revolutionary and proven product that is different from any alternative in the market today. ICTN developed it, owns it, and has been successfully marketing it across North America for over a decade to the upturning $50 billion Business telecom sector. BREAKING NEWS: 2/09/04: ICTN Reports Revenues UP in all segments of its Businesses - UP 51.3% from 11/03 to 01/04. ICTN'S SECOND MARKET ICTN's second market within the telecom sector is the growing wireless market that is expecting a 9.1% compound annual growth rate from 2004 to 2007 Where does ICTN fit? ICTN is a company with a proven track record of strong cellular sales plus innovative and successful marketing strategies that changed the way wireless phones are sold. * 2/02/04: ICTN has recently signed an agreement with T-Mobile. * ICTN is the only National Premier VAR Dealer in the Pacific Northwest selling T-Mobile's wireless communications services and devices across the nation. Referring to ICTN's targeting of wireless data services with T-Mobile, "The possibilities are endless," says CEO Barry Henthorn. This may be especially true since the FCC's number portability rules went into effect, requiring wireless phone companies to allow customers to keep the same phone number when switching service providers. And T-Mobile is leading the battle to gain market share from this regulatory opportunity, adding a whopping 1 million subscribers from Q3. FINAL CONSIDERATIONS * ICTN has a proprietary technology, growing list of clients like the Auto Trader Magazine, and others including the northwest network, and strong alliances with Cisco Systems (NASD: CSCO) and others, which has helped position ICTN in the upturning $50 billion Business-telecommunications sector. * ICTN's technology is so popular that a backlog of customer demand exceeds the current resources of ICTN. No wonder. ICTN reduces telecom costs by an average of 50% allowing the customer to migrate to state-of-the-art technologies. * ICTN is the only company offering this type of product to business customers. * ICTN is positioned to grow with the current upturn in the $300 billion telecommunications sector and is strategically positioned as a private network provider. 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