Ring Plus: No More Revenue from Traditional Phone Calls, A Change of Business Model for Telecoms.

Dhawal Makes Unlimited Free Calls Around the World, Do You?

LOS ANGELES -- Ring Plus:

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Tens of thousands of US residents like Dhawal enjoy daily calls to friends and families for free. Over 150 countries worldwide are served from ringplus.net, "[t]he

best free international voip call anywhere in the world," according to VoIP Guides. But VoIP Guides is not the only blog raving about the quality of Ringplus. A quick search shows more than 1,050 websites and blogs raving about the new calling service offered by ringplus.net. Ring Plus is probably the fastest growing VoIP provider today. After successfully conducting its beta test (which was reported in Entrepreneur Magazine August edition 2008) Ring Plus has consistently shown a daily growth rate beating the 2% mark.

To use the service, callers simply have to subscribe to Ring Plus by setting up their profile at www.ringplus.net. Subscribers enter their information such as name, email address, phone number, date of birth, income, type of car, and hobbies. Hobbies they can choose from include being lazy, exercising, "My Work IS My Hobby," partying, reading, shopping, television and traveling. Once they sign up, Ring Plus then uses their information (without disclosing it) to enable advertisers to target their ads to their desired demographics.

So what is the business model from this energetic young company?

Karl Seelig, CEO and co inventor of the ringplus patent, proved with his new technology and business model that the phone industry has to change. Ringplus' unique model of financing its free phone calls by replacing the ring back signal with ads is a powerful business model, especially because ringplus and its parent company PromoTel received two US patents on this technology, which includes playing advertisements, songs, and any other sound presentation in place of the traditional ringing tone.

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Ring Plus is currently available to call over 150 countries from the U.S. Actual call times vary by the country called.

References:

Links to Ring Plus Media:

Entrepreneur Magazine:

http://www.usnews.com/articles/business/small-business-entrepreneurs/2008/08/07/phone-20.html

NBC 56:

http://www.ketknbc.com/home/ticker/7968732.html

IP Law 360: