Digifonica Announces Three New Strategic Licensed Partnerships and Granting of Stock Options



    BURNABY, BC, June 2 /CNW Telbec/ - Digifonica International Inc.
(TSX-V: DIL) ("Digifonica" or the "Company"), a leading, global developer of
patent pending Internet telephony technologies is pleased to announce three
new strategic license agreements with partners that represent a total combined
target subscriber base that is in excess of 2 million customers, initially
spanning Europe, Africa, and North American markets. The new licensees,
Simplified Broadband, WD3Tel Inc., and Golden Dimensions Ltd., will be
utilizing the same patent pending core technology that has been licensed under
agreement with organizations such as Nokia Corporation (NYSE:   NOK), Persuasion
Lab Marketing (Pty) Ltd., and Intertainment Media Inc., (TSX.V: INT)., and
further demonstrate Digifonica's ability to extend traditional and mobile
telecommunications over IP infrastructure, to virtually anywhere in the world.
    Announcing the new license agreements, Dr. Colin Tucker, Chairman of
Digifonica, stated, "The short term goal of Digifonica has been to identify
key licensees that demonstrate the Company's ability to extend existing
network and solutions, increase sales, and reduce customer churn. We believe
that the licence agreements announced today go a long way towards meeting that
goal, and further demonstrate to carriers and mobile network providers that
Digifonica has the solutions to seamlessly bridge customers on legacy
telecommunications infrastructure with emerging digital communications
technologies."
    Digifonica is also continuing to work with other potential license
partners including the possible extension of its joint venture relationship in
China to provide emergency communications network solutions based on a
combination of traditional telephony and wireless (WiMAX) technologies.

    About Simplified Broadband
    http://www.simplifiedbroadband.com

    Simplified Broadband, Ontario, Canada, is an Internet and Voice over IP
Service Provider with service available to residences and businesses
throughout Ontario. Using the DF-API (Digifonica-Application Programming
Interface) tools, Simplified Broadband is able to monitor, manage and control
subscribers through their own head office management system and provide a
digital telecommunications solution package that is both competitive in
pricing, and quality, to those offered by cable service providers in the
region.

    WD3Tel Inc.
    http://www.wd3tel.us

    WD3Tel Inc., Denmark, is an international communications company offering
IP telecommunications solutions primarily across Eastern and central Europe,
the United States and Canada. WD3Tel provides telephony solutions to
residential, small business owners and provides a combined communications
suite that is designed to be marketed through some of the largest network
marketing agencies in the world. WD3Tel always strives to deliver a
transparent solution that is capable of addressing the complex and stringent
telecommunications regulations worldwide, whilst providing the high quality,
and low cost telecommunications solutions.

    Golden Dimensions Ltd.
    http://www.GoldenVOIP.com

    Golden Dimensions Ltd., UK, is a professional services company that has
grown to more than 200 professionals worldwide. Golden Dimension has been
providing niche telecommunications solutions since 2003, and has recently
launched a competitive IP based telecommunications solutions branded as
"Golden-VOIP". Golden-VOIP takes advantage of Digifonica's leading, patent
pending telecommunications technology to extend their telecommunications
services across UK, Europe and to countries such as Nigeria, Ghana and
Cameroon.

    Digifonica further announces that it has retained the services of Renmark
Financial Communications Inc. to handle its investor relation's activities. In
consideration of the services to be provided, the Company has agreed to pay a
monthly retainer of $6,000.00 for a one-year contract to Renmark Financial
Communications Inc. Renmark Financial Communications does not have any
interest, directly or indirectly, in Digifonica International or its
securities, or any right or intent to acquire such an interest.
    Digifonica further announces that it has granted a total of
1,348,816 stock options to directors, officers, consultants and employees of
the Company. All stock options are valid for a period of 5 years. An aggregate
of 481,816 stock options have been granted to directors of the Company at an
exercise price of $1.10 and all of these stock options vest immediately. An
aggregate of 867,000 stock options have been granted to officers, consultants
and employees of the Company at an exercise price of $1.00 vesting over a
three year period.
    Digifonica further announces that it has granted, and the TSX Venture
Exchange has approved, an extension on the expiry date of 99,666 agent's
options previously granted in conjunction with the Digifonica's Qualifying
Transaction, the terms of which were disclosed in a press release dated May 9,
2007. The expiry date of the agent's options has been extended for a period of
one year and will now expire on May 8, 2009.

    About Digifonica
    http://www.digifonica.com

    Digifonica is a leading, global distributor of patent pending IP
Telecommunication technologies that have been developed and designed to
integrate into traditional fixed line and mobile carrier networks, and as such
provides the quality and regulatory compliance of carrier class service while
harnessing the benefits and cost savings of internet based infrastructure. The
Company offers a suite of solutions that can be licensed to Internet Service
Providers, subscriber based affiliations/organizations, hardware manufactures
and traditional Voice and Wireless carriers. Digifonica's patent pending
technology platform has been built with the tools necessary to deliver
end-to-end customer support, self-service partner billing and rate
administration, and the ability to provide E911 (999 or 112 in the UK)
enhanced emergency services support. Currently, Digifonica has offices and
data centers in North America and Europe based on a proprietary, scalable, and
resilient Internet telephony framework.

    This news release contains forward-looking statements which involve known
and unknown risks, delays and uncertainties not under the Company's control
which may cause actual results, performance or achievements to be materially
different from the results, performance or expectations implied by these
forward-looking statements. Forward-looking information is frequently
characterized by words such as "plan", "expect", "project", "intend",
"believe", "anticipate", "estimate" and other similar words, or statements
that certain events or conditions "may" or "will" occur. Forward-looking
statements are based on the opinions and estimates at the date the statements
are made, and are subject to a variety of risks and uncertainties and other
factors that could cause actual events or results to differ materially from
those anticipated in the forward-looking statements. There are uncertainties
inherent in forward-looking information, including factors beyond the
Company's control. The Company undertakes no obligation to update
forward-looking information if circumstances or management's estimates or
opinions should change except as required by law. The reader is cautioned not
to place undue reliance on forward-looking statements.




For further information:

For further information: Investor Relations: Digifonica International
Inc.: (604) 628-8900, Fax: (604) 430-3591, ir@digifonica.com; Web:
www.digifonica.com; Renmark Financial Communications Inc.: Barry Mire:
bmire@renmarkfinancial.com; Barbara Komorowski:
bkomorowski@renmarkfinancial.com; (514) 939-3989, Fax: (514) 939-3717,
www.renmarkfinancial.com

Organization Profile

DIGIFONICA INTERNATIONAL INC.

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890