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WorldGate Receives First Purchase Order For New Digital Video Phones From ACN

 

WorldGate (OTCBB: WGAT), a leading provider of digital voice and video phones and services, has announced that the Company has received the first purchase order for its new digital video phone from ACN, Inc., the world's largest direct seller of telecommunication services. ACN operates in 20 countries spanning North America, Europe, Australia and New Zealand.

The first purchase order from ACN has been executed for 15,000 of the new video phones, which are scheduled to be delivered to ACN concurrent with their final QA testing and technical acceptance. ACN has agreed to purchase a minimum of 300,000 video phones on an OEM basis over a two year period.

“We believe ACN’s commitment to our new video phone product line is a strong endorsement of our best-in-class video telephony expertise,” said George E. Daddis, Jr., CEO of WorldGate. “With customers like ACN selling 15,000 to 20,000 video phones per month, we see a marketplace that is proven, but as of yet, untapped. Leading the development of seamlessly installed devices and crystal clear video calls at incredible price points, we believe WorldGate is well positioned to capitalize on this rapidly emerging video telephony market.”

“ACN is excited to partner with WorldGate and their incredible video phones featuring world-class engineering and manufacturing along with Ojo Quality,” said Robert Stevanovski, Co-Founder and Chairman of ACN. “With outstanding video quality at an affordable price point, we believe the growth potential for video phones is tremendous. We look forward to growing our mutual relationships as demand for the video phone increases.”

ACN’s new video phone features a brilliant high resolution screen with amazing video quality, a full suite of advanced telephony features and rich video applications with advanced networking technology that delivers a stunning user experience. Future enhancements include three-way video conferencing making it even easier to bring family, friends and multiple business locations together at one time.

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