Ojo video phone receives 2006 Product of the Year Award from Communications Solutions
TREVOSE, Pa. — June 26, 2007 — WorldGate Communications, Inc., (NASDAQ: WGAT) a leading provider of personal video phones and related technology, announced today that it has completed distribution agreements in Italy with B.F. Automation and in the Caribbean with People’s Telecom Jamaica LTD. In addition, Technology Marketing Corporation’s (TMC) Communications Solutions (www.tmcnet.com/comsol) has named the Ojo Shadow personal video phone as a recipient of a 2006 Product of the Year Award.
B.F. Automation, based in Verona, Italy, is a provider of a variety of automation and communications products for businesses. The company was started in 1994 and has developed a solid reputation for providing dependable and leading technology for automation and data transmission. The company offers integrated solutions using broadband networks. Ojo is expected to satisfy a variety of needs for existing and prospective customers of the company.
People’s Telecom Jamaica LTD was founded in 2003 as an affordable communications solution for the people of the Caribbean. The company has expanded its reach gaining significant market share in the Caribbean region as well as in several locations in North America. With strong distribution in numerous countries, the company is expecting the Ojo to immediately impact the way Caribbean nationals communicate. “We see Ojo as an important product to differentiate ourselves from the rest of the communications services offered in the Caribbean,” said Michael Dawson, CEO, People’s Telecom. He added, “Ojo stands out as a unique way to offer our customers the best experience using the latest technology. We are very excited by the strong demand we are already seeing and this will certainly increase after we formally launch this summer”
“The new opportunities we have in Italy and the Caribbean are further evidence of the growing adoption of video telephony as the new standard for communication in the digital world and specifically of Ojo’s desirability in the marketplace,” commented Hal Krisbergh, CEO, WorldGate Communications. “We are also both proud and honored that the Ojo Shadow personal video phone has received the 2006 Product of the Year Award from Communications Solutions. ”
“Ojo has been recognized with a 2006 Product of the Year Award for its excellence in technological advancement and application refinement,” said Rich Tehrani, TMC President and Group Editor-in-Chief of Communications Solutions. “With the Ojo Shadow personal video phone, WorldGate has proven they are committed to quality and excellence in solutions that benefit the customer experience as well as ROI for the companies that use them. I am pleased to honor their hard work and accomplishments and look forward to more innovative solutions from them in the future.”
The seventh annual Communications Solutions Product of the Year Award recognizes the vision, leadership and attention to detail that are the hallmarks of the prestigious award. The most innovative products and services brought to market in 2006 have been selected as recipients of this year’s Communications Solutions Product of the Year Award for their groundbreaking achievement.
The 2006 Product of the Year Award winners can be found on the Communications Solutions website (www.tmcnet.com/comsol).
More information on WorldGate and Ojo Personal Video Phones can be accessed at www.WGATE.com .
About WorldGate Communications Inc.
WorldGate Communications, Inc. designs, manufactures, and distributes the Ojo line of personal video phones. Ojo video phones offer high quality, real-time, two-way video communications with video messaging. The Ojo video phones are designed to conform to industry standard protocols and utilize enhancements to the latest technology for voice and video compression to achieve superior quality at data rates as low as 80 Kbps. WorldGate has been awarded patents for its distinctive design and technology and has other patents pending. This unique combination of functional design, advanced technology and use of broadband networks provides real-time video communication experiences that bring families and friends closer together, and for the first time provides consumers with a high-quality, affordable video phone. WorldGate is traded on NASDAQ under the symbol WGAT. WorldGate and Ojo are trademarks of WorldGate Service Inc. Any other trademarks used in this document are the property of their respective owners.
About TMC
Technology Marketing Corporation (TMC) publishes four print publications: Customer Inter@ction Solutions, INTERNET TELEPHONY Magazine, IMS Magazine and Unified Communications (launching summer 2007). TMCnet, TMC’s Web site, is the leading source of news and articles for the communications and technology industries. Ranked in the top 0.003 percent of sites in the world by alexa.com*, TMCnet serves nearly two million unique visitors each month, according to WebTrends. TMC is also the first publisher to test new products in its own on-site laboratories, TMC Labs. In addition, TMC produces INTERNET TELEPHONY Conference & EXPO, Communications Developer Conference, IMS Expo and Call Center 2.0 Conference. TMCnet.com publishes more than 15 topical online newsletters. (*alexa.com is an amazon.com company that ranks Web sites by their traffic levels. Neither alexa.com nor amazon.com is affiliated with TMCnet.)
For more information about TMC, visit www.tmcnet.com.
This press release may contain forward-looking statements that are made pursuant to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Expressions of future goals and similar expressions including, without limitation, expressions using the terminology ” may, “” will, ” believes, “” plans, “” expects, “” anticipates “” predicts, “” forecasts, ” and expressions which otherwise reflect something other than historical fact are intended to identify forward- looking statements. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, the ability to fund operations or raise additional capital if needed and the other factors described in the Company ‘ s filings with the Securities and Exchange Commission. The actual results may differ materially from any forward-looking statements due to such risks and uncertainties. No obligation is undertaken to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
