MOBICLEAR INC
MOBICLEAR INC ("MOBI-L")
- Contracts With Worldwide Internet Telephony Service Provider
- For Telephonic Connectivity MANILA, Philippines, LAGUNA HILLS,
- Calif. and HARRISON, N.Y., Oct. 20
mobiclear, Inc. (
http://www.mobiclear.com
) , owner of the unique, patent
pending Personal Identification Verification solutions system to help
eliminate credit and debit card fraud, announced that it has contracted
with Telwise Corporation, Harrison, New York, a full service Internet
Telephony Service Provider, for Telwise to provide telephonic connectivity
for mobiclear.
Founded in 2004, Telwise offers Voice over IP (VoIP) and Virtual Private
Network solutions over managed IP networks. mobiclear will utilize
Telwise's VoIP system to send telephone calls for the users of credit cards
utilizing mobiclear's PIV security.
"mobiclear's PIV technology requires an immediate PIN confirmation by
phone from the card holder for a credit card transaction to be approved.
This provides an extraordinary new level of protection to eliminate credit
card fraud or misuse," said Stephen P. Cutler, mobiclear CEO. "We are
pleased with the service provided by Telwise and believe they will be an
excellent partner for us as we move forward in providing our services."
Jaime Dula-Mallari, V.P. of Management Information Systems, Telwise
Corporation, said, "Integrating Telwise's unique solutions with mobiclear
PIV technology has extended the requirements and securities to fight credit
card frauds. Our innovative solution will help to expand and reach the
market for both companies and drive new revenue to our customers. These
ventures have combined the strength of both parties, mutually beneficial to
each other and bring a cost-effective solution to the marketplace."
About Telwise Corporation:
Telwise Corporation (Harrison, New York). (
http://www.telwise.us
), is a
n FCC telecom licensed operator offering Service Providers, Enterprise
customers and select partners a suite of next generation voice and data
solutions. Our innovative solutions enable service providers to build
converged network and to offer network based "plug and play" voice and data
services for their residential and enterprise markets. Enterprise customers
also deploy Telwise services within their own networks to take advantage of
the obvious economies of a single multi-purpose IP network. Telwise has
built a robust, reliable IP network infrastructure around the globe, with
our own managed POPs in the U.S., Canada, Philippines, UK, Hong Kong, China
and with our select partners as well as our global strategic alliance.
About mobiclear:
mobiclear, Inc. (OTC BB: MOBI; Frankfurt: B3CA), (http://www.mobiclear.
com), headquartered in Manila, Philippines, offers a range of solutions to
credit card and debit card fraud based on its patent-pending Personal
Identification Verification system. It also offers products to ensure
against fraud in all electronic transactions, including telephone and
Internet transactions.
Note: Certain statements in this news release may contain
"forward-looking" information within the meaning of rule 175 under the
Securities Act of 1933 and Rule 3b-6 under the Securities Act of 1934 and
are subject to the safe harbor created by those rules. We use words such as
"anticipate," "believe," "expect," "future," "intend," "plan," and similar
expressions to identify forward-looking statements. These statements
including those related to being in a large and growing market, exhibiting
rapid growth characteristics, and having a growth strategy, are forward
looking statements. These forward looking statements are only predictions
and are subject to certain risks, uncertainties and assumptions. Some of
the risks, uncertainties and assumptions that could cause actual results to
differ materially from estimates or assumptions in this press release
include the risk that we will not be able to grow our revenues and market
share, the risk that our prices do not remain competitive and the risk that
we will not achieve profitability. Additional risks are identified and
described in the Company's public filings with the Securities and Exchange
Commission, including our most recent Report on Form 10-KSB, and Reports on
Form 10-Q and Form 8-K. Statements made herein are as of the date of this
press release and should not be relied upon as of any subsequent date. The
Company's past performance is not necessarily indicative of its future
performance. The Company does not undertake, and the Company specifically
disclaims, any obligation to update any forward-looking statements to
reflect occurrences, developments, events, or circumstances after the date
of such statement.
