Â By Sharla Sikes
VoIP-PAL.com, a telecommunications products, announced the termination of an agreement between it and Big Apple Consulting USA.
â€œWe have had many inquiries asking us if we have an investor relations firm working with us,â€ said Richard Kipping, chief executive officer of VoIP-PAL.com. â€œSo to clarify, we thought we should announce that VoIP-PAL.com, Inc. suspended its agreement with BigApple Consulting USA on October 17, 2007 for a three-month period pending clarification on certain matters relating to the agreement. After an internal review we decided to terminate the agreement.â€
VoIP-PAL and WorldTel Xchange Inc. announced an alliance in April. The two companies will be jointly marketing an â€œexciting new productâ€ through VoIP-PALâ€™s Niche Sales Channel, according to a news release.
Steve Lipman, pesident of WorldTel Xchange, Inc., said, â€œThe combination of VoIP-PALâ€™s relationship with the Airline Points Program and WorldTelâ€™s new â€˜1ButtontoWiFiâ€™ patented cellular/VoIP 1-touch technology will have a tremendous impact with consumers that have accumulated thousands of unused miles.â€
The new product aims to capture the â€œuntapped market of 3.2 billion cell phones worldwide,â€ and is purported to turn any cell phone, PDA or Smartphoneâ€”including the iPhoneâ€”into a WiFi phone.
VoIP-PAL.com offers local and long distance voice over IP phone services for both retail and business customers, as well as turnkey solutions through its Partners for the Loyalty Transactional platform, according to officials.