GABULOUS, `Groundbreaking` Free Consumer VOIP Service, Seeks Buyer or Joint Venture Partner for Its Patent Pending Technology, Owner Announces

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Tue Jul 7, 2009 12:00pm EDT

WESTLAKE VILLAGE, Calif.--(Business Wire)--
GABULOUS.COM, the inventors of what it terms a "groundbreaking" free consumer
Voice Over Internet Protocol (VOIP) telecommunications service supported by
relevant advertising information, is seeking a buyer or joint venture partner
for its patent pending technology, announces Phil Shapiro, the owner. 

"The groundbreaking GABULOUS.COM technology brings free VOIP service to
consumers via an ad based, non-intrusive delivery system. Consumers will get
exactly what they want - free phone service, discounts and coupons on their
favorite goods and services. With over 24 million current VOIP subscribers
nationwide, and a projected double digit yearly growth, this represents the next
big play in the technology sector," Shapiro said. 

Among key features of the GABULOUS.COM VOIP service are patent pending
proprietary technology, "seamless integration of relevant advertisers, friendly
and intuitive consumer interface, and an elastic revenue model allowing for
affiliate and other ancillary revenue sources. This service will also be able to
be private labeled for use by any large consumer based organization who wishes
to offer its project to its customer and or subscriber base," Shapiro stated. 

Randall J. Barondess, C.B.B., director of Troop Business Services Division of
Westlake Village, CA, who represents the ownership, said they seek to either
sell their patent rights, enter into a partial sale, secure venture capital for
build out, or participate in a joint venture for an inventor/employment-equity
contract. Asking purchase price is $30 million (U.S. Patent & Trade Office
#20070274483). 

Barondess said that GABULOUS.COM will provide "a unique VOIP service that
combines community, content, commerce and culture in a way never before seen.
Meanwhile, it will deliver what people have been starving for - relevant ad
information, free VOIP services, and discounts and coupons for their favorite
products. The system will feature the newest, most advanced and reliable
broadband VOIP technology combined with a sophisticated advertising model
designed to generate revenue, promote user loyalty, and advertiser penetration."


A full executive summary, business plan, ramp up, and system drawings are
available, Barondess said. He added that GABULOUS.COM plans a "soft launch" of
its VOIP service as a Beta in Winter, 2010, followed by the launching of the
production version of the site in mid-2011. 

Troop Business Services is located in Westlake Village, CA, and can be visited
on the web at www.troopbusiness.com, or by phoning 805-990-9940. 







Troop Business Services
Randy Barondess, 805-990-9940
or
Ansoorian and Associates
Art Ansoorian, 805-653-1648 



Copyright Business Wire 2009

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