GRAND RAPIDS, Mich., June 9 /PRNewswire-FirstCall/ --
BestNet Communications Corporation (OTC Bulletin Board: BESC), a provider of
patented internet-based communication solutions, today announces revenue
results for the Third Quarter ending May 31, 2003. Revenues reached a new
record achieving a 22% increase over the Second Quarter of 2003. Total
revenues were over $387,000 USD. In addition for May 2003, revenue was up 15%
compared to April 2003.
Robert A. Blanchard, President and CEO of BestNet Communications
Corporation commented: "We are pleased with our third quarter growth. It is
consistent with our plans to surpass break even and become EBITDA positive.
We have produced new highs in the core components of our business which are
revenue, minutes on our network and new corporate clients using our services
for this fiscal year. I am particularly encouraged by the acceptance of our
new ClicktoPhone(TM) service. Since our recent launch we continue to see
acceptance and use by both existing and new customers. We believe
ClicktoPhone(TM), available through our new web-site http://www.ClicktoPhone.com , is
enabling businesses on a pay-per-call basis, to add the intimacy of voice to
their web sites, email promotions, and banner ads without capital investment."
About BestNet
BestNet Communications is an Internet-based provider of long distance,
conference calling, ClicktoPhone(TM) and e-commerce communication services.
BestNet's services are accessed via the internet and delivered using standard
phone lines. This results in a cost effective high quality service for both
businesses and consumers.
Under the brand name Bestnetcall(TM) ( http://www.Bestnetcall.com ) the patented
service offers clients premium quality calls and conference calling, at
significantly lower rates. Calls and conference calls can be launched by web
based and desktop applications or handheld devices including Palm(TM), Pocket
PC(R) and Blackberry(TM) and used with any standard or wireless phone. In
addition the company's new ClicktoPhone(TM) service ( http://www.ClicktoPhone.com )
enables clients to add secure and anonymous voice communication connectivity
anywhere in the world to web sites, web banners, pictures, electronic
documents, and customized e-mail calling buttons.
Contact BestNet at: investors@bestnetcom.com
This release contains forward-looking statements within the meaning of
Section 21E of the Securities Exchange Act of 1934, as amended, which are
intended to be covered by the "safe harbor" created thereby. These statements
include the plans and objectives of management for future operations,
including plans and objectives. The forward-looking statements herein are
based on current expectations that involve judgments with respect to, among
other things, future economic, competitive and market conditions and future
business decisions, all of which are difficult or impossible to predict
accurately and many of which are beyond control of the company. Although the
company believes that the assumptions underlying the forward-looking
statements are reasonable, any one of the assumptions could be inaccurate and,
therefore, can be no assurance that the forward-looking statements included in
this release will prove to be accurate.
SOURCE BestNet Communications Corporation
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Related links:
http://www.ClicktoPhone.com
http://www.Bestnetcall.com
CONTACT:
BestNet, investors@bestnetcom.com
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