ORLANDO, Fla., Sep 18, 2006 (BUSINESS WIRE) -- Vonage Network Inc., a subsidiary of Vonage Holdings Corp. (NYSE:VG), a leading broadband telephony provider, today announced that it has extended its contract with 3PV(R) as its exclusive provider of third party verification services through 2009. This relationship further enhances Vonage's Local Number Portability (LNP) process.
Continuing its partnership with 3PV enables Vonage customers to expedite completions of the necessary paperwork required to port their number from their existing carrier. 3PV's patent-pending eLOA(R) product permits Vonage customers to complete a binding letter of agency on-line, during the subscriber's account orders process or via email from a customer care agent. eLOA allows for shorter provisioning time and less expensive transaction costs due to the elimination of document handling fees.
"Vonage initially selected 3PV as we recognized its track record and reputation as technology innovators and regulatory experts. In our 18 months working with them, they've lived up to that reputation," said Michael Tribolet, president of Vonage America Inc. "By leveraging proprietary technology, 3PV has improved our customer experience and increased our completion rates for verifications. Expanding our relationship is a win-win for Vonage."
"We are delighted that we'll be Vonage's verification partner for another three years," said 3PV's CEO, David Brinkman. "We enjoy working with a company that is as innovative as Vonage. They challenge us to push the envelope and to use our insight, imagination and innovation to solve complex business challenges. That's always been a hallmark of our company and a core part of what we do. Having a business partner who draws on that strength is very rewarding."
About 3PV(R) - Third Party Verification Inc.
3PV is the leader in speech-enabled, live-agent and online third party verification (TPV) and call-recording services for the cable and telephony industries, including both circuit switch and VoIP customers. The company is the first to employ speech-enabled verification, an integrated call-back solution, and a patent-pending eLOA(TM) (electronic letter of agency). With documented industry-leading completion rates higher than 95%, all 3PV verification solutions meet or exceed FCC, FTC and state requirements for carrier, utility and commercial services. 3PV's state-of-the-art carrier-grade facility ensures service uptime, security and reliability. Visit http://www.3PV.com for more information.
Vonage (NYSE:VG) is a leading provider of broadband telephone services with over 2 million subscriber lines. Its award-winning technology enables anyone to make and receive phone calls with a touch tone telephone almost anywhere a broadband Internet connection is available. We offer feature-rich and cost-effective communication services that offer users an experience similar to traditional telephone services.
Its Residential Premium Unlimited and Small Business Unlimited calling plans offer consumers unlimited local and long distance calling, and popular features like call waiting, call forwarding and voicemail - for one low, flat monthly rate. Vonage's service is sold on the web and through national retailers including Best Buy, Circuit City, Wal-Mart Stores Inc. and Target and is available to customers in the U.S., Canada and the United Kingdom. For more information about Vonage's products and services, visit http://www.vonage.com.
Vonage Holdings Corp. is headquartered in Holmdel, New Jersey. Vonage(R) is a registered trademark of Vonage Marketing Inc., a subsidiary of Vonage Holdings Corp.
For 3PV, Orlando JM Communications Inc. Jackie MacKay, 407-814-0014 407-496-1770 cell email@example.com or Vonage Mitchell Slepian, 732-528-2677 Mitchell.firstname.lastname@example.org
Copyright Business Wire 2006
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