WEST PALM BEACH, Fla. and NETANYA, Israel, Aug. 19, 2016 — magicJack for BUSINESS, a division of leading cloud-based communications company, magicJack VocalTec, Ltd. (Nasdaq:CALL), created to deliver easy-to-use, highly reliable and cost effective Internet phone systems to small businesses, announced today the opening of its corporate headquarters in Alpharetta, Georgia. Located in the Northwinds planned development, the company will occupy the fourth floor of the Northwinds IV building, with plans to grow its team and hire up to 150 employees by the end of 2017.
magicJack for BUSINESS was launched by magicJack VocalTec, a pioneer in Voice over IP (VoIP) technology and services with a revenue of over $100M in 2015. Building off of magicJack’s success in the consumer market, magicJack for BUSINESS was created as a wholly owned subsidiary to meet the unique needs of small-to-medium sized businesses (SMBs) with an easy-to-use, highly reliable business Internet phone system. Its feature-rich, simplified flat rate offering was created for entrepreneurs and business owners who strive for the most reliable and clearest phone service to keep them professionally connected to their customers, while keeping expenses low.
The company selected Alpharetta for its close-knit business community, growing technology sector, abundance of talent, knowledge and experience, as well as its convenient proximity to Atlanta. Now home to more than 600 tech-based companies, Alpharetta was recently recognized by Forbes magazine as the number one place to relocate in the U.S., and highlighted in a recent report by NerdWallet and Entrepreneur Media as the best small city in the United States to start a business, based upon business climate, economic health and other factors.
“We are focused on small businesses and are excited to be headquartered in the heart of a community that is technology focused, embraces SMBs and supports our desire to help them grow and prosper,” said Keith Reed, Senior Vice President and General Manager at magicJack for BUSINESS. “We are looking forward to expanding our team with local talent and participating in Alpharetta’s technology circle.”
magicJack for BUSINESS is currently hiring for positions across the company including software development, sales and customer care.
Reed added, “We are staged for growth and bring a positive culture and significant opportunity for success. We believe our business will continue to flourish here by bringing revenue and employment opportunities to the community.”
About magicJack for BUSINESS
magicJack for BUSINESS, a subsidiary of VoIP pioneer magicJack VocalTec, Ltd. (Nasdaq:CALL), is the smart business choice for savvy SMBs. With global headquarters located in Alpharetta, Georgia, magicJack for BUSINESS leverages its ultra-low cost network infrastructure and proprietary telecom software to deliver an easy-to-use business internet phone system tailored to meet the unique needs of SMBs. For more information, please visit magicjackforbusiness.com or call 888-652-4976.
About magicJack VocalTec Ltd.
magicJack VocalTec Ltd. (Nasdaq:CALL), the inventor of magicJack and a pioneer in Voice over IP (VoIP) technology and services, is a leading cloud communications company. With its easy-to-use, low cost solution for telecommunications, the Company has sold more than 10 million award-winning magicJack devices, now in their third generation, and holds more than 30 technology patents. magicJack is one of the largest-reaching CLECs (Competitive Local Exchange Carrier) in the United States in terms of area codes available and number of states in which it is certified.
In March 2016, magicJack VocalTec Ltd. acquired Broadsmart, a leading hosted UCaaS (Unified Communication as a Service) provider for medium-to-large multi-location enterprise customers. Broadsmart has a track record of designing, provisioning and delivering complex UCaaS solutions to blue chip corporate customers on a nationwide basis. Broadsmart has expertise in servicing enterprises with hundreds-to-thousands of locations.
Forward Looking Statements
This press release contains forward-looking statements that involve substantial risks and uncertainties. All statements, other than statements of historical facts, contained in this press release, including statements about our launch of magicJack for BUSINESS; the ease of use and set up of magicJack for BUSINESS; its features, flat rate offering, connectivity uptime and customer support; our belief regarding the key benefits of the magicJack for BUSINESS offering; our expectation that magicJack for BUSINESS represents a new, organic revenue stream which leverages our core assets; and our belief that magicJack for BUSINESS will bring small-to-medium sized businesses a powerhouse solution of VoIP benefits while keeping their costs low and not sacrificing quality. Many factors could cause our actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements. These factors include, among other things: our ability to successfully monetize our magicJack for BUSINESS offering and market it globally; our customer acceptance rate and customer turnover rate; any factors that may adversely affect our connectivity uptime and the quality of our VoIP service; changes to our business resulting from increased competition; changes in general economic, business, political and regulatory conditions; availability and costs associated with operating our network and business and our ability to control costs; potential liability resulting from pending or future litigation, or from changes in the laws, regulations or policies; the degree of legal protection afforded to our products; and the various other factors discussed in the “Risk Factors” section of our Annual Report on Form 10-K, our Quarterly Reports on Form 10-Q and other filings with the Securities and Exchange Commission. Such factors, among others, could have a material adverse effect upon our business, results of operations and financial condition. We do not assume any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.