GRAND RAPIDS, Mich., Sept. 17 /PRNewswire-FirstCall/ -- BestNet
Communications Corporation (OTC Bulletin Board: BESC), a provider of patented
internet-based communication solutions, will announce today at the annual
meeting of its shareholders that revenue for its fourth quarter ending August
31, 2003 increased 19.3% over the third quarter. Fourth quarter revenue from
all sources totaled $462,930. Revenue for Fiscal Year 2003 was up over 38% as
compared to Fiscal 2002.
Robert A. Blanchard, President and Chief Executive Officer of BestNet
Communications Corporation commented: "I am encouraged and pleased with the
growth we have seen in the second half of 2003 and we are seeing this trend
continuing at an even greater pace. Our client base continues to grow
substantially and we are pleased with results being achieved by select channel
partners around the world. In 2003 BestNet added over 500 new business
clients and over 5,600 new individual accounts. We continue to focus our
efforts on growth, specifically profitable growth consistent with our
targets."
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 , or 1-616-977-9933.
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.Bestnetcall.com
CONTACT:
BestNet Communications, +1-616-977-9933 ,
investors@bestnetcom.com
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