NEW YORK, NY (PRESS RELEASE – January 20th, 2009) – M5 Networks, the leader in “Voice as a Service” business phone communications, today announced official certification as an e-rate provider. This certification allows non-profit private schools, public schools and libraries to receive discounts of up to 90% on their monthly telecommunications costs, subsidized by the government.
M5 Networks delivers phone systems as an on-demand managed service, with set monthly recurring costs based on the number of phone profiles. M5’s pricing model is optimal for schools and libraries looking to spend a set amount per month on communications.
E-rate provides discounts of 20 % to 90 % for eligible telecommunications services, depending on the economic need and location (urban or rural) of the school or library. The level of discount is based on the percentage of students eligible for participation in the National School Lunch Program or other federally approved alternative mechanisms. (Non-public schools and others not participating in the National School Lunch Program can use federally approved alternative mechanisms contained in the Improving America’s Schools Act. Details of such mechanisms may be found in “Alternative Discount Mechanisms” on the Schools and Libraries Division (SLD) homepage.
About M5 Networks
M5 Networks is the leader of “Voice as a Service,” a breakthrough solution for business phone communications. M5 Networks allows clients to acquire phone system capabilities as an on-demand, managed service over an IP network optimized for voice. M5 serves a rapidly growing base of mid-sized businesses. Our solution is distinguished by rich capabilities and unmatched service that one would expect from an industry leader.
M5 Networks provides business-strength Voice-over-IP phone systems, delivered as a disaster-proof Internet-based hosted service. M5’s delivery model facilitates the rapid deployment of advanced phone system functionality and drives a consistent voice experience as businesses become increasingly dispersed, malleable and 24/7. M5’s simple pricing model offers companies a low cost-of-entry to a feature set that has traditionally required large capital expenditure and dedicated IT resources. Customers offload phone system support and maintenance hassles to M5’s experts. As an Internet-based application, M5’s voice platform frees all voice-related data and commands to mash with other applications, driving business intelligence, improving customer service, and enhancing enterprise application effectiveness. M5 has over 900 customers, numerous industry awards and recognitions, and is headquartered in New York City. To learn more about M5, please visit www.m5net.com.
About the e-Rate Program
The E-rate program is administered by the Schools and Libraries Division (SLD) of the Universal Service Administrative Company (USAC). The program was set up in 1997 when the Federal Communications Commission (FCC) adopted a Universal Service Order implementing the Telecommunications Act of 1996. The Order was designed to ensure that all eligible schools and libraries have affordable access to modern telecommunications and information services. Discounts can be applied to commercially available telecommunications services, Internet access and internal connections. Eligible services range from basic local and long distance phone services and Internet access services to acquisition and installation of equipment to provide internal connections.
Under the E-rate program up to $2.25 billion is available annually to provide eligible schools and libraries with discounts for authorized services. For more information pleas visit the SLD site.