SMRT.L Regulatory News (SMRT)

2 Oct 2007 07:00

COMS PLC ("Coms", or "the Company") Following the update provided in our Interim Statement where we reported thatour three principle internet telephony revenue lines (consumer, business anddistribution) are all growing, the Board would like to highlight the successfulintegration of VComm (UK) Limited ("VComm") which has contributed to an enhancedtrading performance for the Group as a whole such that internet telephonyminutes have gone up by over 80 % in the last quarter and the Group's revenuesare ahead of the management's forecast for the current quarter. "The resources of Coms and expertise of the management team is giving confidenceto internet telephony (VoIP) product manufacturers to distribute their productsthrough this specialist Vcomm channel" said Jason Drummond, Executive Chairman.He continued "the sale of and distribution of handsets drives our core internettelecoms business and provides Coms with the opportunity to sell connections toour internet telephony (VoIP) service which in turn builds a recurring revenuestream". \* TContact Coms plcRichard Bennett +44 (0)20 7148 3148 HB CorporateRod Venables +44 (0)20 7538 1166 Square1 Consulting LtdMark Longson +44 (0)20 7929 5599\* T About Coms Coms was founded by Jason Drummond in 2000 with the vision of using the Internetto carry and deliver voice telephone calls. Voice over IP (VoIP) is changing theway consumers and businesses make and receive their telephone calls. Coms offersa low-cost VoIP service that can be combined with services provided by broadbandInternet suppliers to make and receive telephone calls. Coms subscribers canmake high quality calls over the Internet wherever a high-speed Internetconnection is available, including in wireless hotspot as they are allocatedtheir own location free unique user telephone number. Subscription is availablein a range of packages. See www.coms.com for more information. Coms is an Ofcom authorised Public Electronic Communications Network (PECN) anda member of the Internet Telephony Service Providers Association (ITSPA). Coms is listed on the London Stock Exchange AIM market (LSE:COMS) Copyright Business Wire 2007