VCOM.COM Announces the Launch of Microsoft Passport at its E-commerce Web Site
VCOM.COM Corporation announced today the formation of a strategic relationship with Microsoft Corp., the worldwide leader in software for personal computers. This relationship gives VCOM.COM the opportunity to reach the Microsoft Passport customer base of over 40 million people.
By joining the new Passport program, VCOM.COM customers can now have added privacy and security while signing up for and purchasing services. Passport substantially reduces the number of steps necessary to buy services on the VCOM.COM web site. A single click takes members directly to their Passport wallet for a streamlined, consistent purchase process.
"We expect this strategic relationship to boost awareness of the VCOM.COM brand and help to drive traffic from Microsoft's loyal customer base," said Robert Stark, President and co-founder of VCOM.COM. "Microsoft has dedicated customers, so our agreement not only exposes VCOM.COM to a wider online audience, but we also hope it plays a role in increasing loyalty among VCOM.COM users."
"Microsoft Passport lowers barriers to e-commerce for the millions of online consumers," said Josh Herst, Group Product Manager, Consumer and Commerce Group, Microsoft Corp. "We're excited that VCOM.COM is using the Passport service to deliver a better experience for their customers."
VCOM.COM is harnessing the power of the Internet for use in distributing both traditional and emerging communications services. The Company owns and operates its e-commerce web site at http://www.vcom.com. This web site offers a superstore approach to the sale and management of communications services. It is the first self-service communications center geared for a mass market of customers.
From this web site, the Company also offers numerous free services. Such services include Internet-initiated calling, a national telephone directory, email, online address book, and calendar.
About Microsoft Passport
Microsoft Passport is an e-commerce service that makes using the Web and purchasing online easier, faster and more secure. Passport allows consumers to use a single sign-in name and electronic wallet at participating sites, reducing the amount of information they need to remember or retype. Using strong encryption and privacy policies, Passport also helps ensure the security of consumers' personal information and online transactions.
Microsoft Passport is the first example of a "megaservice" available for businesses from Microsoft. Megaservices are a new breed of service that extend the Web's capabilities by directly linking applications, services and devices with one another over the Internet. Passport provides online merchants with customizable and easy-to-implement e-commerce services that improve their customers' experience by streamlining purchasing and simplifying registration across a network of Web sites and services.
About VCOM.COM
VCOM.COM Corporation is a next-generation telecommunications company focused on the sale of services over the Internet. VCOM.COM is partnering with the Internet's most popular web sites and providing private-label communications services. Headquartered in New York, NY, the company offers domestic and international long distance, prepaid and postpaid calling card, toll-free, wireless, and directory services. The company's proprietary technology includes web-based provisioning and billing systems, call reporting, and support tools. This online approach to distribution and management allows VCOM.COM to provide premium services to a worldwide community of people.
Certain statements contained in this release may contain forward-looking information with respect to plans, projections or the future performance of VCOM.COM, the occurrence of which involves certain risks and uncertainties, including, but not limited to, the difficulties in conducting international operations, product and market acceptance risks, the impact of competitive pricing, competitive products, product development, commercialization and technological difficulties, and other risks detailed in the Company's Private Placement Memorandum.
Contact:
Wendie Makoujy
Spector & Associates, Inc..
636 Morris Turnpike
Short Hills, NJ 07078
973.467.5858 tel.
973.467.3211 fax
wendie@spectorpr.com email
Seth Grudberg
VCOM.COM Corporation
210 East 49th Street, 3rd Floor
New York, NY 10017
212.758.2087 ext. 160 tel.
212.758.2088 fax
sgrudberg@vcom.com email
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