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Crown Equity Holdings Inc. announced that its subsidiary Crown Tele Services Inc. has entered into a letter of intent with AVIX Technologies, Inc., which sets forth terms by which AVIX Technologies, Inc. will acquire an exclusive licensing agreement for Canada and a non-exclusive global licensing agreement in the hospitality, foodservice and tourism industries for telecommunications including VoIP (Voice over Internet Protocol) telecom innovation systems for residential and commercial services, calling card and cellular phone applications.

Crown Tele Services Inc. is a provider of affordable, world class communications solutions and is a wholly owned subsidiary of Crown Equity Holdings Inc.

VoIP systems demonstrate cost-effectiveness much better than traditional voice networks. As VoIP innovation evolves, the cost ratio to benefit is bound to increase. Some of the advantages of VoIP innovation are as follows:

New Integrated applications: VoIP is digital and hence it may offer features and services in other words not possible with a traditional phone.

Cost Reduction: No call tolls even when you use an Internet connection. Use the service to call anyone without having to pay anything for it as long as you have an Internet connection. You can as well talk with many people simultaneously together without having to shell extra bucks which imply low-cost conferencing.

Single unified network: As voice is converted into data, the packets are sent over data network and hence there is no need of a voice network at all.

HealthStream, Inc. provides Internet-based learning and technology solutions in the United States. The company operates in two segments, HealthStream Learning and HealthStream Technology.