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Enron Mail |
*** STOCK ALERT ***
from STOCKFIRST & TheInvestorOnline www.stockfirst.com www.theinvestoronline.com ______________________________________ Press Release eLEC Communications Brings DSL-P Network Online in Northeast, Adding Over 200 Addressable Central Offices to Its DSL-P Network Expects to Begin Marketing UNE-P/DSL-P Bundles Across Its Territory This Week eLEC Communications Corp announced that it has successfully added more than 200 additional central offices to its digital subscriber line platform (DSL-P) network. The new central offices are located throughout Verizon's northeast territory. This new territory adds to eLEC's existing DSL-P network in BellSouth and SNET territories. eLEC CEO Paul Riss stated, ``We now have the multi-regional capabilities in DSL that we have had in local and long distance voice services. Through the combination of UNE-P for voice and DSL-P for broadband, we can now bundle voice and broadband services throughout a large portion of our territory. This unique capability gives eLEC the ability to provide a truly complete communications solution to our customers.'' eLEC will begin selling communications bundles this week consisting of local services at a 10% discount to the respective incumbent local exchange carrier's (ILEC) retail prices, 5.9 cent state-to-state long distance and DSL services as low as $59 per month. ``With our expanded DSL-P footprint, we can now begin focusing more resources on the marketing of UNE-P/DSL-P bundles'', continued Mr. Riss. ``We believe that we can improve the efficiency of our marketing operation, significantly increase revenue per customer, and more completely bond our customer to us through this powerful combination.'' DSL-P is a way to deliver and control DSL services with neither the expense of purchasing and collocating equipment in central offices nor the additional staffing cost for maintenance. Similar to UNE-P, DSL-P gives eLEC national presence and quick time to market, without any additional financial burden. eLEC's DSL-P offering gives small business broadband capacity, messaging, and web presence needed for their entire office. eLEC Communications Corp. is a publicly-traded integrated communications provider that is taking advantage of the convergence of the current and future competitive technological and regulatory developments in the Internet and telecommunications markets. eLEC provides an integrated suite of communications services to small and medium-sized business customers, including voice, data and broadband services. This release contains forward-looking statements that involve risks and uncertainties. eLEC's actual results may differ materially from the results discussed in the forward-looking statements. Factors that might cause such a difference include, among others, availability of management; availability, terms, and deployment of capital; eLEC's ability to successfully market its services to current and new customers, generate customer demand for its product and services in the geographical areas in which eLEC can operate, access new markets, negotiate and maintain suitable interconnection agreements with the incumbent local exchange carriers, and negotiate and maintain suitable vendor relationships, all in a timely manner, at reasonable cost and on satisfactory terms and conditions, as well as regulatory, legislative and judicial developments that could cause actual results to vary in such forward-looking statements. ----------------------------------------------------------------- Contact: eLEC Communications Corp Ursula D Natusch, 203/229-2454 Manager of Marketing and Communications unatusch@elec-corp.com ------------------------------------------------------------------- IMPORTANT DISCLAIMER TheInvestorOnline is an independent electronic publication providing information on selected public companies. 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