HOLMDEL, N.J., March 14, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Vonage and Motorola today announced the release of a new wireless router that will make it easy for customers to use fax, telephone and Internet services at the same time. Motorola, known for its innovation and leadership in wireless and broadband communications, developed the VT2542 to meet the sophisticated needs of Vonage's customers. The VT2542 enables Voice-over-IP (VoIP) telephony and includes a 4-port wired and 802.11 b/g wireless access point for home networking connectivity. This new device is available at http://www.vonage.com for $59.99 after a $40 instant rebate ($99.00 -$40.00 =$59.99) (a $9.95 shipping and handling fee and a $29.99 activation fee is charged).
The Motorola VT2542 Internet Phone Adapter & Wireless Router can connect up to two (2) Vonage lines, including telephone and fax, through a high-speed Cable or DSL Internet connection. It also contains four Ethernet Local Area Network (LAN) ports and an 802.11b/g Wireless port for additional computers or other network devices. The Motorola VT2542 enables customers to use their Internet connection for their computer and phones at the same time, and is perfect for consumers who want the added advantage of easily setting up a secure wireless network.
"The Motorola VT2542 is just the latest innovation that gives our customers more options to meet their communication needs," said Vonage CEO Mike Snyder. "Vonage's successful relationship with Motorola has produced ground-breaking devices that help our customers communicate, when, where and how they choose."
Voice-over-data prioritization, which allows users to talk on the phone while using the Internet with no reduction in voice quality, is one of the stand-out features of the Motorola VT2542. Other features include Virtual Private Network (VPN) pass-through support, a secure web based user interface and full support of standard Vonage features, such as conference calling, call forwarding, call transfer, and call waiting.
"As Vonage continues to expand its footprint and reach new users, Motorola products are making it easy for customers to add functions and realize more value," said Alan Lefkof, corporate vice president and general manager, Motorola Broadband Solutions Group. "With the Motorola VT2542 Internet Phone Adapter & Wireless Router, Vonage will now make it easy for anyone to incorporate high-quality VoIP service with additional home networking capabilities and advanced security features in their home."
Motorola is known around the world for innovation and leadership in wireless and broadband communications. Inspired by our vision of seamless mobility, the people of Motorola are committed to helping you connect simply and seamlessly to the people, information, and entertainment that you want and need. We do this by designing and delivering "must have" products, "must do" experiences and powerful networks -- along with a full complement of support services. A Fortune 100 company with global presence and impact, Motorola had sales of US $42.9 billion in 2006. For more information about our company, our people and our innovations, please visit http://www.Motorola.com. MOTOROLA and the Stylized M Logo are registered in the US Patent & Trademark Office.
Vonage (NYSE: VG) is a leading provider of broadband telephone services with over 2 million subscriber lines. Our 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.
Our 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, please visit 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.
This press release contains forward-looking statements relating to our relationship with Motorola. In addition, statements in this press release that are not historical facts or information may be forward-looking statements. The forward-looking statements in this release are based on information available at the time the statements are made and/or management's belief as of that time with respect to future events and involve risks and uncertainties that could cause actual results and outcomes to be materially different. Important factors that could cause such differences include, but are not limited to, our history of net operating losses and our need for cash to finance our growth; the competition we face; our dependence on our customers' existing broadband connections; differences between our service and traditional phone services, including our 911 service; uncertainties relating to regulation of VoIP services; system disruptions or flaws in our technology; our ability to manage our growth; the risk that VoIP does not gain broader acceptance; and other factors described in the "Risk Factors" section of our Quarterly Report on Form 10-Q for the period ended June 30, 2006, and in our subsequent periodic reports filed with the SEC. While we may elect to update forward-looking statements at some point in the future, we specifically disclaim any obligation to do so, and therefore, you should not rely on these forward-looking statements as representing our views as of any date subsequent to today.
SOURCE Vonage; Motorola
John Yocca of Vonage, +1-732-365-1447, John.Yocca@vonage.com; or Kalia Farrell of Motorola, +1-215-323-1059, Kalia.Farrell@motorola.com; or Jeff Gordon of Weber Shandwick, +1-212-445-8064, Jeff.Gordon@webershandwick.com
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