New Concept Available- Business Use Prepaid Long Distance Service - Allows for 80% Savings

New service specifically designed for small/ medium size business: Prepaid long distance. Savings of 80% over traditional plans. Only pay for the minutes used, no additional taxes, fees, maintenance charges or hidden fees of any kind, ever. Use from any phone - great for office, travel special "SmartPlug" software allows you to make international calls directly from your SmartPhone at savings of 80%.

Lake Oswego, OR, December 09, 2008 --(PR.com)-- Prepaid Long Distance – Specifically Designed For SMB Sector.

SetRate.com, provider of Global Communication products and services, announced a new product launch today through a strategic alliance with Tel3, a leading provider of pre-paid long distance plans. Through this alliance they will offer a new service for small/ medium size business; high quality, low cost prepaid long distance specifically designed for business use at rates not seen before. Unlike traditional long distance service, this plan can be used from any phone, including cell / smart phones, while traveling, etc.

The last decade has seen substantial growth in the small and mid-sized business sector of the U.S. economy, and technology has been a major contributor to this trend. The growing digital infrastructure has reduced the costs of starting and running a small business, lowered competitive barriers and opened new markets and industries to small businesses. In 2006 alone, there were more than 245,000 exporters (source: US Department of Trade) and more than 754,000 importers (source: US Customs data) in the US and a large majority of them (97%) are small to medium-size companies. (source: US Department of Trade).

The economic impact is impressive. The growth of exports in 2006 has been three times faster than the overall economy. (source: The Small Business Administration report). Yet there is remarkable room for business expansion as businesses connect with other foreign markets. Currently only 33% of small U.S. businesses participate in International trade per a recent study by UPS, and IFTF (Institute for the Future) estimates that nearly half of small U.S. businesses will be involved in global trade in the next decade. In addition, according to Internet World Stats, (http://www.internetworldstats.com/stats2.htm), 82% of internet use is now outside of the US with the growth from 2000 to 2008 at a staggering 336.1%.

“The need for high quality and affordable international and domestic long distance service is reaching all time highs in our industry, particularly in our current economic situation as businesses search for ways to cut costs and expand market and customer share” states Steve Barrow, Founder and President of SetRate.com. “By offering long distance to business in a pre-paid format, business will only pay for what they use, nothing more. Unlike traditional long distance plans, our plan has no monthly fees or taxes and allows the user the ability to set specific spending limits by department or division. While the SetRate.com – Tel3 Business Plan obviously offers a reliable network, high quality service and dependable coverage area, we are completely different from anything you have ever experienced before”.

SetRate.com also offers a plan for personal/ consumer use at only 1.9 cents per minute and another new product launch, the SetRate-Tel3 plan for mobile/ SmartPhones. The Business Plan will also allow customers to make international calls directly from their smart phone; over 400 models including Blackberry, iPhone, Treo, etc., for savings in excess of 80% compared to their standard cell phone carrier rates. The rate for domestic long distance in the US and Canada is only three cents per minute.

As a service to their customers, SetRate has provided a tab on their home page, https://www.setrate.com/Facts___Figures.html, where visitors can view the latest facts, figures and articles of interest about the telecom industry. SetRate also encourages their customers to contribute to this section by sending in relevant information as they come across it. To learn more about SetRate’s product offerings, please view their instructional videos via the links provided below:
Business Use Plan: http://www.youtube.com/v/p2ETDtGREpM
Mobile/ Smart Phone Plan: http://www.youtube.com/v/q4wYvzaPWqU
Benefits of SetRate – Tel3 Business Plan:

Flexible online account management module
24/7 live customer support
Comprehensive usage reports
Smart-Card automatic account recharge
Use from any phone with no switching of existing carriers
Use SetRate.com - TEL3Business from the U.S. and Canada at same rate
Real-time account data
PIN-Free Dialing and Instant Access Numbers
30-day money back guarantee
Create up to 100 sub accounts
Includes new smart phone “SmartPlug” software/ plan

Sign up is available via phone or on-line. For more information please visit www.setrate.com, email general questions to customerservice@setrate.com or call 1-800-557-8402.

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About SetRate.com
For over a decade, SetRate.com has been providing cutting edge communication products and services, including prepaid long distance plans and interpretation / translation programs for small/ medium size business and personal use. SetRate specializes in establishing discounted programs for business, group and association use. Please visit www.setrate.com or call 1-866-581-3555 for the general information line. For all media inquiries, please call SetRate.com at 503-246-1133.

About Tel3 Business
TEL3™ was created in 1994 and is a service that provides users with unprecedented low international and domestic calling rates. TEL3™ serves more than 100,000 customers and is known as one of the fastest rising long distance service providers in the industry. We take pride in being able to give small to mid size companies the ability to prosper in today’s economy, and look forward to helping them stay effortlessly connected. For more information please visit http://www.tel3advantage.com/business/index.jsp?AgentNumber=469994 or call 1-800-557-8402.
Contact
SetRate.com
Steve Barrow
503-245-5793
www.setrate.com
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