VOIP phone service provider Coms lists today on the AIM market of the London Stock Exchange

September 6, 2006

2 Min Read

LONDON -- Voice Over Internet Protocol (VoIP) phone service provider Coms lists today on the AIM market of the London Stock Exchange ("AIM"). This is to raise funds to launch the first broadband telephony service in the UK that will allow users to choose their own personal telephone number and use it to make low cost, high quality phone calls wherever a high-speed internet connection is available.

The team behind Coms is a group of entrepreneurs harnessing their experience of building successful technology companies - including Virtual Internet, JFAX and Gaming Corporation - to focus on the Voice Over Internet Protocol (VoIP) market.

Jason Drummond, Executive Chairman of Coms, created Virtual Internet in 1995, which became a global provider of Internet naming, hosting and e-commerce services, and is a founder and director of other AIM quoted companies including Gaming Corporation. "VoIP is changing the way consumers and businesses make and receive their telephone calls. It also creates a major opportunity for an innovative telecoms company such as Coms," said Jason Drummond, Executive Chairman of Coms.

Drummond continues: "We have proprietary technology and an exceptionally experienced board including Terry Martin, previously sales director of Apple Computers (UK) Limited, and Richard Bennett, a co-founder of JFAX/J2 Inc, the leading unified messaging telecoms service, who was also a director of Virtual Internet." Coms has been authorised as a Public Electronic Communication Network by Ofcom. Ofcom has allocated Coms 1.4 million numbers in the top 178 UK geographic area codes by population which Coms will use to launch its service in late September 2006.

"The company will build a user base through direct, channel and wholesale customer acquisition programmes", commented Richard Bennett, corporate development director. He added: "We will also use our quoted equity to grow by acquisitions and consolidate this sector".

Coms.com

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