Press ReleasemagicJack™ Explodes Out of Beta with Skyrocketing SalesMake and Receive Local and Long Distance calls from around the World and Save Thousands Las Vegas, Nevada – 2008 International CES – Jan. 7, 2008 – After three years of development, personal investment and beta testing, telecommunications veteran and founder of YMax Corp. Daniel Borislow introduces the 1.0 version of his prized invention, the magicJack™. You simply plug the magicJack into your computer’s USB connection and then plug in any corded, cordless or portable phone. It is up and running in seconds, ready to make and receive free local and long distance calls to anyone in the US and Canada from anywhere in the world. For only $39.95, customers (USA/CANADA. Other markets prices differ) get the magicJack, their own phone number for life, free local and long distance calling on the company’s new nationwide network and a host of valuable features for an entire year. Additional years are just $19.95 per year. This can amount to savings of more than $1,000.00 a year. Since its beta launch in September, magicJack sales have steadily increased by 25% a week. Borislow has over 20 years experience in the telecommunications industry including past success with AOL Long Distance where he revolutionized low-cost long distance calling for over four million customers. His company, Talk.com, won the coveted J.D. Power and Associates Award for Customer Satisfaction in its first year of operation. "This time around I have achieved my customers’ desire to completely eliminate monthly telephone bills forever,” said Borislow who has coined this era ‘Telecom Revolution Part II.’ "YMax Corp. is a phone company with real network assets and the easy-to-use magicJack serves as the on-ramp to that highway. Because of this, we offer the highest quality voice at the lowest cost. All of these ingredients – the magicJack, our software and network, patents and our talented personnel - will help us reach our ultimate goal of selling millions of magicJacks and expanding our products and services.”
The magicJack™
"The secret sauce is our proprietary system-on-a-chip and our millions of lines of software code. It’s little, but it surely packs a punch,” added Borislow. "magicJack is not only for the home, second home, and small business, it is also perfect for wherever you travel, including Europe, Canada, Mexico, Asia, South America – anywhere. Users can call anyone in the United States and Canada from any country or to any other magicJack user in the world and the call is free.” Also, parents can use magicJack as an inexpensive way to give their kids their own phone number and prevent them from racking up mobile and long distance minutes. The magicjack is certified with the Federal Communications Commission and has five patents pending and one approved.
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YMax Voice Network: Newer and Bigger is Better
magicJack is the only device of its kind backed by its own network. With 42 gateway switches in major metropolitan U.S. cities and interconnection agreements across the country, YMax Voice is one of the newest and largest U.S. phone networks and can therefore offer the highest quality voice service at the lowest cost in the industry. The YMax Voice network is one of the only competitive local exchange carrier (CLEC) networks in the U.S. certified in all 50 states. "As proud as I am of my invention the magicJack, it takes a backseat to the network we built and all the interconnections set up. The network is what took three years to accomplish. It is something no other company has ever done before and it would be very difficult to replicate. This is the core of YMax,” Borislow said.
"Consumers want the same high quality voice experience they have come to expect from using their traditional home or business phones, but with much lower cost and added mobility,” said Patrick Monaghan, a senior analyst with Yankee Group’s consumer research group. "A USB telephony device backed by a real phone network takes a much needed approach to bringing the end-user a level of service they expect.”
About YMax Corp.
YMax Corp. is a modern phone company with one of the largest newly deployed CLEC networks in the United States. Led by telecommunications veteran Daniel Borislow, YMax provides high quality, low-cost phone calls via the innovative magicJack USB device and YMax Voice network that puts an end to monthly phone bills. magicJack LP is a wholly owned subsidiary of YMax Corp. YMax also owns SJ Labs, the world leader in VoIP software, and offers its customized softphone solution with all magicJacks. YMax is a private company based in Palm Beach, Florida. Additional information about YMax can be found at www.ymaxcorp.com.