In addition to the three full scholarships that Borislow's donation will fund, Harris announced that the university would fund a fourth full scholarship. The scholarships will be available up to 20 years, or until all four scholarships are awarded. Eligible students may apply for the scholarship beginning in fall 2013. The last year of eligibility will be the 2032-33 academic year. Interested applicants are encouraged to contact Widener University at 610-499-4123 for more information.
Borislow has been in the telecommunications industry for more than 20 years and is recognized for pioneering and inventing the development of breakthrough technologies such as the magicJack TM. MagicJack TM is a free telephone service with over 11 million distributed. Most recently, magicJack TM was recognized with the most prestigious award for best voice-over-internet-protocol (VoIP) service in terms of quality, price, value and ease of use. Borislow's generous philanthropic efforts have supported numerous children's and women's causes.
About magicJack VocalTec Ltd.
magicJack VocalTec Ltd. (Nasdaq:CALL), the inventor of VoIP including the softphone and magicJack, has the goal of becoming the leading international provider of global voice over many platforms. The Company has achieved sales of over ten million of the easy-to-use, award-winning magicJack since the device's launch in 2008, and has the use of over 30 patents, some dating to when the Company invented VoIP. It is the largest reaching CLEC (Competitive Local Exchange Carrier) in the United States in terms of area codes available and certification in number of states, and the network has historically had uptime of over 99.99 percent.The VocalTec Communications Ltd. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=8568 The magicJack VocalTec Ltd. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=10116
CONTACT: Investor Relations Andrew MacInnes, President 561-749-2255 ir@magicJack.com Media Relations INK Public Relations for magicJack 512-382-8982 email@example.com
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