TeliPhone Expands Public Wireless Access Coverage Zones With Experience Wifi of Montreal
MONTREAL, March 14, 2005 — United American Corporation (NASD OTCBB:UAMA) wholly owned subsidiary TeliPhone Inc. has further expanded its public access zones for its wireless internet phone devices with Montreal-based Experience Wifi. This brings the total number of Montreal and Toronto locations to over 100 where TeliPhone subscribers can make calls from their wireless internet phone devices for free. The agreement permits TeliPhone and Experience Wifi to authenticate TeliPhone subscriber's phones within Experience Wifi's hot spot locations. Most notable addresses include the Java U chain of coffee shops and restaurants throughout the downtown Montreal core, with particular focus on University locations.
About Experience Wifi.
Experience Wifi is a cutting edge wireless network solution provider, employing strategic alliances with a wide range of businesses to provide high-speed wireless Internet access. Experience Wifi's service permits secure, user-friendly internet connectivity in public, commercial and private venues. Experience Wifi is a member of the Wi-Fi Alliance, for more information visit our company website at www.experiencewifi.com.
About TeliPhone, Inc.
TeliPhone Inc. is a wholly owned subsidiary of UAC. Since 2001, the company has pioneered Voice over Internet Protocol (VoIP) in Canada. The company was the first Canadian VoIP service provider to offer a nation-wide telecommunication local call coverage service. The company has developed a powerful back office system that provides an integrated web-based personal portal to their subscribers as well as administrative support to the company, and constitutes the core technology of today's mobile TeliPhone™ services. TeliPhone™ operates its own Main CO (Central Office) in Montreal, where all worldwide TeliPhone™ devices are controlled, thus giving the company the advantage of centralized operations and cost reductions. The company has also established a CO in Manhattan. For more information, visit the company website at www.teliphone.us.
United American Corporation has announced the spin-off of Teliphone Inc. with a 1 for 1 shareholder stock dividend for shareholders of record effective April 15, 2005. (See UAMA.OB press release dated March 9, 2005.)
About United American Corporation
United American Corporation is a holding and management company of next generation Voice over Internet Protocol (VoIP) based telecommunication Company. The organization currently has five subsidiaries. Each subsidiary operates in a specific niche market in a fast growing global worldwide IP-based telephony network. The company has created a network, which provides services from local IP-based telecommunication to international telecommunication carriers. TeliPhone™, Inc. operates sophisticated extended local communication VoIP central office, while United American Telecom, Inc. operates CaribbeanONE™, a state-of-the-art International telecommunication route & gateway. For more information, visit the company website at www.unitedamericancorp.com.
This news release contains forward-looking statements that are subject to various risks and uncertainties. The Company's actual results could differ materially from those anticipated in such forward-looking statements as a result of numerous factors that may be beyond the Company's control. Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made, and the Company assumes no obligation to update forward-looking statements should circumstances in management's expectations or opinions change. |