i2 Telecom International, Inc. (ITUI.OB) is a telecommunications service provider that has developed a proprietary Voice over Internet Protocol (VoIP) technology. The company has used this proprietary technology to develop Internet access devices that allow business phone systems and residential phone systems to make and complete calls through the Internet.
i2 Telecom’s two primary products are VoiceStick® and MyGlobalTalk™. VoiceStick® is a patented product that features plug-and-play ability, portable ability, and a convenient key chain-size. The device is able to plug into the USB port of desktop computers and notebook computers as well as PDAs. VoicStick® can be used to initiate VoIP calls throughout the world. MyGlobalTalk™ uses the VoiceStick™ technology to provide Internet telephony to mobile phone users. MyGlobalTalk™ is compatible with any wireless carrier technology and any wireless carrier voice and data plan.
i2 Telecom’s VoiceStick® product was named 2004 “Product of the Year” by Internet Telephony Magazine and 2005 “Best of Show” at the Internet telephony products industry event in Miami. Later, the company’s MyGlobalTalk™ was named 2007 “Product of the Year” and “Best of Show” at the 2008 industry conference.
i2 Telecom reported revenue sales from VoiceStick® grew 15% in 2007. The company predicts and anticipates the VoIP market will triple by the year 2011 from the $15.8 billion in 2006.
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