Innofone.com Announces Major Business Successes and Expanded Operations in IPv6, the New Internet, After Concluding Sixth Successful US IPv6 Summit13 December 2005
Innofone.com, Inc. (OTC: INFN), currently the first public company to focus exclusively on IPv6 (Internet Protocol version 6), announced today the successful completion of its US IPv6 Summit 2005 in Reston, VA, with record attendance and a world-class list of speakers, sponsors and attendees, with coverage from online and print press coverage. "We are thrilled to have successfully organized six IPv6 Summits, each almost exactly six months apart, something that has never been accomplished by any other company in the world, and we did so in the most important economy in the world. These IPv6 Summits were probably the single most influential factor in creating the groundswell of demand for the US government to mandate a move to IPv6 by 2008," said US IPv6 Summit 2005 chairman Alex Lightman, who has chaired and organized all six of the previous US IPv6 Summits over the last 30 months.
The US IPv6 Summit 2005 included presentations of breakthroughs by Innfone.com clients and partners following the successful completion of consulting services for international and US customers, which resulted in the delivery and acceptance of Plans and Best Practices for the Successful Transition to IPv6 for Juniper Networks. Innofone's success in the US is having international ramifications, as coalition partner nations seek to build on the US government momentum for IPv6 by joining as partners for their respective agencies. For instance, at the US IPv6 Summit 2005, representatives from the governments of Japan and Taiwan summarized their IPv6 achievements and offered to partner with US government agencies and companies, including Innofone.com.
"The recent mandate and CIO guidance by the Office of Management and Budget for the entire US Government to make the transition to IPv6 capability by mid-2008 has led to an immediate demand from many elements of government and industry for services that Innofone.com and its IPv6 Summit and v6 Transition subsidiaries offer. These newly hot sectors for IPv6 include our consulting, training and forthcoming test center in Northern Virginia. Agencies are asking for assistance ranging from summaries of the features and benefits up to near turn key implementation of best practices in an IPv6 transition program," said Alex Lightman, CEO and President of Innofone.com. "With a skilful team of experts and experience in both government and corporate needs in making the switch to the new standard, Innofone.com, Inc. can offer customers a complete set of solutions to support every aspect of transitioning an enterprise to IPv6." Innofone.com conducts consulting, training and related services through its wholly owned subsidiarry, v6 Transition, Inc.
Highlighted Links http://www.usipv6.com http://www.innofone.net
Mr. Lightman further stated that "Innofone.com currently derives revenue from the following sources:
Sponsorships - The Company receives over 50% of the total global sponsorships for IPv6, derived historically from over 50 major IT companies. This number of companies sponsoring IPv6 Summits organized by Innofone.com is expected to grow as more major companies enter the IPv6 field.
Attendee Fees - The Company believes it has generated more in attendee fees for IPv6 conferences than any other business entity. It intends to expand the number of IPv6 conferences in 2006 by entering international markets.
Training Fees - The Company believes it has put more people through its IPv6 trainings than any other company outside of Asia. It will soon begin to expand both the number and types of training products and services that it offers. An example is the series of Federal CIO workshops to be held monthly in Washington, DC, through 2008.
Consulting to Governments - The Company has been one of only a very few contractors to the US Dept. of Defense IPv6 Transition Office. It intends to increase its consulting contracts in 2006 for clients in both US and overseas governments."
He added, "We are adding new sources of revenue during the 2006-2007 periods as follows:
Business Consulting to Corporations - The Company will fulfill the need for companies seeking to understand the new sources of business and profit from the many features provided by the New Internet, in the areas of IT, aerospace, homeland defense, medicine, area security, entertainment, consumer electronics and manufacturing.
Technical Consulting to Corporations - Innofone will offer best practices and customized consulting for corporate CIOs and their staffs.
Testing and Evaluation - The Company will start to conduct different levels of testing and evaluation of IPv6-related products for its clients.The announcement that v6 Transition and Spirent Federal were teaming up to create the world's premier IPv6 test facility was well received by the government, industry, and press people that we spoke with."
Global products and services enabled by the New Internet are expected to total about $1.55 trillion dollars in 2010, according to a study conducted by the Japanese government. "Innofone.com will help both major corporations and new startups grow and succeed in the upcoming boom in the IPv6-related market, and intends to share in that growth," according to Mr. Lightman. "We are also proud that our team was the single major force for IPv6 promotion in the United States and for the Coalition Partners of the US to move to IPv6 at the same time, with the same definition of IPv6."
About Innofone.com, Inc.
Innofone.com, Inc. (OTC: INFN), with its wholly owned subsidiaries, IPv6 Summit, Inc., and v6 Transition, Inc., is currently the first public company to focus exclusively on Internet Protocol version 6 (IPv6), also known as the New Internet. Innofone.com organizes world-class conferences and offers training and consulting related to IPv6 for government and commercial customers, especially IT and wireless departments. The Company is dedicated to providing a broad range of services and products for the New Internet, as well as supporting an international forum for advancing the knowledge, development and implementation of New Internet technologies, applications and policies. IPv6 Summit, Inc. organized the successful IPv6 Summits in San Diego (June, 2003), Arlington (Dec., 2003), Santa Monica (June, 2004) and Reston (Dec., 2004), the Coalition Summit for IPv6 in May, 2005 (which attracted delegates from 30 countries), and IPv6 events in cooperation with the Consumer Electronics Show (CES), the largest trade show in North America. For more information, see http://www.usipv6.com and http://www.innofone.net.
IPv6, also known as The New Internet, is a major upgrade to the existing Internet (Internet Protocol version 4, in service since 1973), and offers always-on security, high-quality video-over-Internet and other important new features. The Office of Management and Budget (OMB) recently mandated IPv6 for use by the US Federal Government, joining the US Department of Defense, which has already started transitioning to the new format. Details of the New Internet are available at Innofone.com's websites, www.usipv6.com and www.innofone.net.
"SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: The statements contained in this release which are not historical facts are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks and uncertainties include the Company's entry into new commercial businesses, the risk of obtaining financing, recruiting and retaining qualified personnel, and other risks described in the Company's Securities and Exchange Commission filings. The forward-looking statements in this press release speak only as of the date hereof, and the Company disclaims any obligation to provide updates, revisions or amendments to any forward-looking statement to reflect changes in the Company's expectations or future events.
For additional information, contact: Leah Thompson Innofone.com, Inc. 1431 Ocean Ave., Suite 1500 Santa Monica, CA 90401, USA Tel: +1 310-458-3233 leah@usipv6.com SOURCE: IPv6 Summit Inc.
Source: marketwire
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