
As customers worldwide continue to migrate away from traditional telephony systems to more advanced telecommunications solutions, our technological advantage makes our services increasingly attractive to carriers and end-users throughout the world. Our revolutionary technology gives us a proprietary and sustainable competitive advantage in efficiency and cost—allowing our customers to deliver highest-quality long-distance services at exceptional profit margins.
Our unique switchless calling platform terminates calls at 70% of the processing cost of, and ten times faster than, either the soft-switch technology now used by most major carriers or traditional switching systems. Our existing infrastructure and software platform has the capacity to terminate more than 1 billion call minutes per month without further capital equipment expenditure or any increase in our overhead expenses or other fixed costs. Our unique technology allows interconnection with new customers within an hour of contract execution rather than the days usually required for interconnectivity between most international telecommunications wholesalers and their new customers.
The Jupiter Communications Network is the private international network over which we deliver highest-quality international long distance voice and data telephony services at significant cost savings. In 2008, we transmitted more than 3 billion minutes of traffic over the network. In its present configuration, the network has capacity to transmit more than 12 billion minutes of traffic per annum. The network's architecture is scalable and proprietary, and we will increase capacity as demand increases. The Jupiter Communications Network consists of four principal elements