PRZOOM - /newswire/ -
Brighton, East Sussex, United Kingdom, 2006/05/05 - j2 Global Communications, Inc., a provider of outsourced, value-added messaging and communications services, has today announced its expansion into India [NASDAQ: JCOM] - j2Global.com.
The virtual messaging specialist has debuted its service by introducing local geographic numbers for its eFax® service in Mumbai, with other local numbers to follow.
India a key component in global expansion plans
India has always been an important market to j2 Global, and is a critical territory in its continued global expansion plans. j2 Global currently has a number of eFax® subscribers in the region who have previously had to take a number from outside their country.
Businesses to save considerable sums
With the high level of international corporations holding a portion of their portfolios in India, eFax® is set to save both local and global businesses significant investment as it eliminates the additional cost of phone lines and fax machines, and offers graded levels of online storage based on the businesses’ individual requirements.
eFax® is a seamless interface between every fax machine and e-mail account in the world. The service offers a local fax number to individuals and organisations of all sizes, and delivers all correspondence to an email account or fax machine.
Hemi Zucker, co-president and chief operating officer of j2 Global, said: “Strategically, India is a key market for us. The addition of Mumbai to our global network enables us to provide a local option to customers in India, in addition to the 2000 plus other locations around the globe.
“Economic and business growth in this emerging market is massive, and so there is a strong need for our eFax® service. By introducing localised geographic numbers for the Mumbai region, we will provide businesses with convenient, affordable email-to-fax services, as well as offering existing users the opportunity to switch to a localised number.
“India will play an increasingly important role in the global economy in the 21st century, and we are delighted to support this growth with our investment in the region.”
About j2 Global Communications
Founded in 1995, j2 Global Communications, Inc. (j2global.com) provides outsourced, value-added messaging and communications services to individuals and businesses around the world. j2 Global’s network spans approximately 2,000 cities in 29 countries on five continents. The Company offers faxing and voicemail solutions, document management solutions, Web-initiated conference calling, and unified-messaging and communications services. j2 Global markets its services principally under the brand names eFax®, j2®, jConnect®, JFAXTM, eFax Corporate®, Onebox®, Electric Mail®, jBlast®, eFax BroadcastTM, eVoice®, PaperMaster®, Consensus™, M4 Internet® and Protofax®. As of March 31, 2006 j2 Global had achieved 36 consecutive quarters of revenue growth and 17 consecutive quarters of growing operating earnings.
"Safe Harbor" Statement Under the Private Securities Litigation Reform Act of 1995: Certain statements in this press release are "forward-looking statements" within the meaning of The Private Securities Litigation Act of 1995. These forward- looking statements are based on management's current expectations or beliefs and are subject to numerous assumptions, risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These factors and uncertainties include, among other items: Subscriber growth and retention; variability of usage-based revenue based on changing conditions in particular industries and the economy generally; ability to obtain telephone numbers in sufficient quantities in desired locations on acceptable terms; protection of the Company's proprietary technology or infringement by the Company of intellectual property of others; the risk of adverse changes in the U.S. or international regulatory environments surrounding unified messaging and telecommunications, including but not limited to the imposition of additional taxation or regulatory-related fees; and other factors set forth in j2 Global's filings with the Securities and Exchange Commission ("SEC"). For a more detailed description of the risk factors and uncertainties affecting j2 Global, refer to the Annual Report on Form 10-K filed by j2 Global on March 27, 2006, and the other reports filed by j2 Global from time to time with the SEC, each of which is available at sec.gov. The forward-looking statements in this press release are based on limited information available to the Company at this time, which is subject to change. Although management's expectations may change after the date of this press release, the Company undertakes no obligation to revise or update these forward-looking statements.