Coms plc Acquires VoIP Distributor Vcomm UK Limited

Coms plc announces the acquisition of the entire issued share capital of Vcomm UK Limited.

London, UK (PRWEB) May 10, 2007 -- Coms plc ("COMS" or "the Company") announces the acquisition of the entire issued share capital of Vcomm UK Limited ("VCOMM"). VCOMM is a growing specialist distributor of business internet telephony (VoIP) equipment and services and its acquisition opens a new sales channel for COMS in this significant and rapidly growing sector, which is expected to grow to US$2.5 billion globally by 2012 (Jupiter Research). This is a significant strategic acquisition for COMS and underlines our stated intention to consolidate the fragmented internet telephony sector.

VCOMM and its resellers replace business PBXs that are attached to the PSTN network with IP PBX or IP Centrex solutions which are connected to VoIP service providers via the internet. A typical solution includes a VoIP PBX, handsets and connection to a VoIP service provider. VCOMM's customers include Richmond Borough Council, Mitel and Dimension Data.

the acquisition of VCOMM, following on from the recent acquisition of ExchangeXT is a further component of our strategy to build a leading provider of paid VoIP services and enabling technology to individuals and businesses.

VCOMM's specialist VoIP product range, industry knowledge and technical expertise is sold by over 150 telecom industry resellers. COMS expect to leverage this channel and sell its wholesale VoIP services to enterprise and SMBs alongside VCOMM's product range.

Scott Dobson, Managing Director of VCOMM, and the VCOMM management team entered into new executive service agreements with VCOMM whilst its existing Chairman retired from the VCOMM board.

Richard Bennett, Corporate Development Director, COMS said: "the acquisition of VCOMM, following on from the recent acquisition of ExchangeXT is a further component of our strategy to build a leading provider of paid VoIP services and enabling technology to individuals and businesses."

Scott Dobson, Managing Director, VCOMM said: "our acquisition by COMS gives me and my team the financial resources, increased management capabilities and other synergistic benefits to undertake larger distributor contracts and to rapidly build market share."

About Coms plc
COMS was founded by Jason Drummond in 2000 with the vision of using the Internet to carry and deliver voice telephone calls. Coms has developed their own VoIP (Voice of Internet Protocol) service which is used by both individuals and businesses and retails VoIP enabling equipment. Unlike Skype, COMS is based upon the industry standard SIP protocol which enables the widest possible connection of customers, devices and integrated Web 2.0 applications. COMS' subscribers can make high quality calls over the internet wherever a high-speed internet connection is available including in wireless hotspots

As well as the obvious cost saving implications for businesses and consumers, the expanding market will enable COMS to develop and offer innovative new convergent services such as video calling, IP Centrex, location independence and online presence.

COMS launched its consumer service in October 2006, and recently acquired ExchangeXT, a leading provider of business VoIP services, to enable COMS to enter the enterprise and SMB markets.

COMS is an Ofcom authorised Public Electronic Communications Network (PECN) and a member of the Internet Telephony Service Providers Association (ITSPA).

Coms plc joined the AIM market of the London Stock Exchange on 6 September 2006 (LSE:COMS.L / SEA:COMS)

About Richard Bennett
Richard Bennett is an executive director of Coms plc with responsibility for corporate development and mergers and acquisitions. Richard is a technology and clean-tech entrepreneur who was a co-founder of JFAX/J2 Inc, the leading unified messaging telecoms service, a founder of Green Riband and PZERO Limited.

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