The document discusses Fibernetics' digital PBX phone system which can reduce operating costs by 50-80% compared to traditional phone systems. It provides business-grade voice quality over IP networks through proprietary technology that allows them to manage the voice path end-to-end. The system offers survivability through network redundancy and the ability to automatically reroute calls in the event of an outage. Key benefits included controlling the entire call path, visibility at all points, multi-site connectivity, and a full set of business phone features.