Popular Telephony Launches Peerio 444

May 26, 2004

 

Company will be the first to integrate true peer-to-peer technology in a free Voice Over Internet Protocol (VoIP) product for consumers; expects to introduce competitively priced peer-to-peer telephony product for the enterprise based on this technology later this year.

NEW YORK–(BUSINESS WIRE)–May 26, 2004 Popular Telephony Inc., a telecommunications middleware company, today announced Peerio444(TM) — the first Voice Over Internet Protocol (VoIP) application powered by true serverless peer-to-peer technology. Peerio444 marks the company’s introduction of a consumer application for serverless peer-to-peer telephony, with plans to introduce a separate enterprise application based on this technology at SuperComm 2004, Chicago, IL, June 22-24, 2004. Expected to completely transform traditional telecommunication infrastructures by eliminating the need for servers and associated hardware, the patent-pending technology behind both applications will also address previous scalability, security, redundancy and system issues inherent in a peer-to-peer network.

Currently in beta testing on a limited basis and expected to be generally available via free download at www.peerio.com in the coming weeks, Peerio444 turns a PC into a fully functioning telephone that allows users to make unlimited, free calls via the Internet to other PCs, as well as low-cost PC-to-phone calls. Inspired by the principles of peer-to-peer computing, the forthcoming enterprise application will enable companies to create and deploy a wide-scale serverless IP telephony network. Popular Telephony’s groundbreaking technology will enable application developers to create VoIP-enabled applications to bring peer-to-peer telephony to a wide audience.

“We anticipate that within ten years there will only be peer-to-peer calls placed over the telephony network, making it the de-facto standard for next generation telecommunications,” said Dmitry Goroshevsky, Chairman and Chief Executive Officer, Popular Telephony Inc. “Built on open standards and inspired by the principles of true peer-to-peer computing, we expect the enabling technology behind Peerio444 to become a basic platform for peer-to-peer telecommunications. Peerio444 will be forever free to consumers and is phase one of Popular Telephony’s plan to become the leader in peer-to-peer telephony.”

Calls placed using Peerio444 technology will be connected to any PC or telephone number — including mobile phones, 800 and international numbers — via a built-in telephony interface. The technology is currently compatible with Windows and Linux operating systems, with plans to add Macintosh compatibility later this year, and provides users with more free features than a traditional landline phone, including voicemail, call waiting, call hold, call transfer, contact management and filters. Unlike existing peer-to-peer VoIP technology, Peerio444 is not monitored by switchboards or Spyware, does not contain Adware or other backdoor profit tools and does not restrict users to call only other standard VoIP applications.

Compatible with industry standards for VoIP, including H.323 and Session Initiation Protocol (SIP), Peerio444 is relevant to both consumers and application developers:

— For consumers, the technology can be applied as ready-to-use, downloadable, standards-based, feature-rich client software for peer-to-peer communication.

— For developers, the open source application and the proprietary Peerio444 core library will enable them to create an enhanced peer-to-peer application for voice communications. The highly portable core library will be supported by a dedicated team at Popular Telephony, ensuring a high level of technical support, product updates, roadmaps and documentation.

“With VoIP services gaining significant momentum in today’s markets, evidenced by the number of legacy telecommunications firms that have recently launched VoIP divisions, Popular Telephony is helping to bring a cutting-edge technology to a wider audience,” said Stanley Blau, Managing Director of PS Capital, a member of the Board of Directors of the Telecommunications Industry Association (TIA) and Vice Chair of the Enterprise Communications Association (www.encomm.org). Blau, who is also a member of Popular Telephony’s advisory board, added, “This move, coupled with additional growth plans in 2004, strongly positions Popular Telephony as a leader in the peer-to-peer telephony market.”

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