Press Release Telecommunications

MyNetFone keeps PennyTel & iVoisys customers connected

On the 17th October 2013, PennyTel and iVoisys entered into provisional liquidation, jeopardising the continued supply of services to their customers.

MyNetFone Steps In

MyNetFone has reached agreement with the court appointed provisional liquidator Rodgers Reidy Chartered Accountants and Pennytel and iVoisys’s key suppliers to ensure continuity of service to Pennytel and iVoisys’s Mobile, VoIP, Broadband and Business customers.

MyNetFone is an ASX-listed, profitable & reliable provider that operates Australia’s largest VoIP network and provides voice service to not only residential, but also business, enterprise and government customers. Therefore, you can be confident that we can provide the reliability & longevity in services.

“We are here to help”, said Rene Sugo, CEO of MyNetFone. “Our priority is continuity of service - ensuring there is no disruption to end-users is critical from our perspective. Our team are confident that we can smooth out the experience for PennyTel and iVoisys customers, who have faced a lot of uncertainty in the past week.”

Next Steps

The current focus for MyNetFone is to ensure services remain operational. Once this is achieved, we will look to integrate the network and billing platform in order to provide the best level of service functionality to these end-users.

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About MyNetFone Limited

MyNetFone Limited, (ASX:MNF) is Australia’s leading provider of hosted voice and data communications services for residential, business and enterprise users. My Net Fone was first founded in 2004, was listed on the ASX in mid 2006, has 62.46 million shares on issue, has operated profitably since 2009 and has paid dividends to its shareholders every six months since September 2010.

The company has a reputation for quality, value and innovation, having won numerous awards including the Deloitte Technology Fast 50 (2008, 2009, 2010 and 2012), PC User Product of the Year (2005), Money Magazine Product of the Year (2007) and many others.

MyNetFone’s wholly owned subsidiary, Symbio, owns and operates Australia’s largest VoIP network, providing wholesale carrier services to the Australian industry, including number porting, cloud-based hosted PBX services, call termination, call origination and many other infrastructure enabled services. The Symbio network carries over 3 Billion minutes of voice per annum.

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