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The TR1034 sends and receives faxes up to 33.6 Kbps based on the V.34 fax standard . Not only can the TR1034 process fax at twice the speed of 14.4 Kbps fax boards, it also supports V.8 fast handshaking and advanced compression, which can cut call setup and session-management time by one third. In the end, a fax document that takes 1 minute with a 14.4Kbps intelligent fax board can now be sent in less than 30 seconds with the TR1034. This translates into significant savings on long distance toll charges.