PingTone Provides Insight Into 2006 Growth Rates

HERNDON, VA (January 10, 2007)—PingTone Communications recently provided insight into 2006 growth rates while CIO Today and Network World reported in December that new industry wide VoIP deployments outsold digital PBX systems for the first time. New VoIP deployments at Bank of America, New York Times and Amazon.com together with market statistics from Synergy Research Group for the first time indicate VoIP (Voice over IP) is outselling digital PBX systems as organizations continue to adopt VoIP as an alternative to traditional PRI’s and phone lines.

PingTone knows first hand how the adoption rate of VoIP phone systems is accelerating. PingTone has provided hosted Cisco VoIP service to business and government customers since 1999 when VoIP was still a new technology. “The first quarter of 2006 appears to have been the turning point for VoIP beginning to outsell traditional PBX systems” commented Bill Smedberg, President of PingTone. “In our Mid-Atlantic markets for example, which include Baltimore, Washington DC and Virginia, PingTone service deployments in 2006 were up 80%. And the majority of these new customers were leaving traditional PBX systems from Avaya, Nortel and others.”

Vice President of Service Operations at PingTone Robyn Smith noted, “When you see companies like The New York Times and Bank of America adopting VoIP across their entire organizations, it suggests that more businesses will be following suit. Cisco’s recent announcement marking the sale of their ten millionth IP phone and our own rate of PingTone customer installations support the research from Synergy Research Group and others regarding the market shift to VoIP.”

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