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Technology Stocks : AboveNet Communications, Inc. (ABOV)

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To: KS who wrote (784)7/22/1999 10:22:00 AM
From: KS  Read Replies (1) of 835
 
July 22, 1999 10:14

Crys-Tel Plans for Expansion into Multimedia and
Wireless IP Telephony using Abovenet Network

SAN DIEGO--(BUSINESS WIRE)--July 22, 1999--Crys-Tel
Telecommunications.com, Inc., (OTC Bulletin Board: CYSS) an international
carrier utilizing the Internet to provide economical international
telecommunications services, announced today plans to expand its IP
Telephony services to support unified messaging, video conferencing,
on-demand multimedia, and the wireless transmission of data and telephony.

A key component of these plans is Crys-Tel's use of AboveNet's (Nasdaq:
ABOV) global Internet network, which provides Crys-Tel with superior Internet
connectivity and bandwidth on-demand.

Crys-Tel, one of the leading innovators in Internet telephony, is aggressively
opening points of presence in multiple cities in Europe, and has created a
global presence through partnerships with two other IP telephony carriers,
TeleMatrix of Tokyo, and Abacus Telecom of Paris. Crys-Tel routes Internet
traffic to AboveNet's Internet Service Exchange (ISX) in San Jose, California,
where its partners TeleMatrix and Abacus are also co-located. These three
companies, all of whom use Nokia IP telephony gateways, exchange traffic
through a private peering agreement, and together they form a global IP
network. AboveNet provides Crys-Tel and its partners with access to significant
bandwidth, which currently totals10.5 Gbps, and access to more 257 private
and public peering agreements with leading ISPs in the U.S. and worldwide.
This capacity, combined with Crys-Tel's agreements with TeleMatrix and
Abacus, is allowing the company to enter new service areas that require high
bandwidth, low latency, fault-tolerant Internet connectivity.

"Crys-Tel is now poised to bring IP telephony service to the next stage of
development," said Lorenzo Musa, President and CEO of Crys-Tel. "Our
partnerships with TeleMatrix and Abacus, combined with the network
performance and bandwidth on-demand from AboveNet are enabling us to
leverage innovations in such areas as broadband transmission of video, and
wireless data."

Unified messaging, one of the new services Crys-Tel plans to offer, allows
users access to fax, email and voice messages in a single list from a choice of
devices including a PC computer or a telephone. Wireless transmission will
enable users to connect portable and notebook computers to the Internet
without a telephone jack.

"AboveNet is very pleased to be an integral part of Crys-Tel's plans to 'push the
envelope' for IP Telephony," said David Rand, Chief Technology Officer of
AboveNet. "We see tremendous opportunities for IP Telephony as mobile and
handheld devices become more widely used, and as satellite
telecommunications technology becomes more tightly integrated into the
Internet."

About AboveNet Communications, Inc.

AboveNet Communications Inc. (Nasdaq: ABOV) is a premier provider of
co-location and Internet connectivity solutions for high-bandwidth and
mission-critical operations. AboveNet is the architect of the Internet Service
Exchange (ISX)-a world class network that provides co-location services for
content provider, Application Service Providers, and ISPs interested in
developing business and strategic partnerships.

The unique global One-Hop network design delivers fast, reliable connections to
the Internet and improves the Internet experience for end-users. With its Tier 1
status and ISO 9002 certification, AboveNet is positioned to serve the global
community of the Internet. For more information on AboveNet and its service
offerings, call 800/475-2733 or visit the company's Web site at www.above.net.

About Crys-Tel Telecommunications.com, Inc.

Crys-Tel Telecommunications.com Inc., based in San Diego, California,
(OTCBB:CYSS) is a facilities-based international carrier utilizing the Internet to
provide economical international telecommunications services. The company
operates both as a wholesaler carrier for international long distance resellers
and as a retail carrier, servicing its own network and marketing the use of its
network to consumers in designated areas. Crys-Tel combines advanced
engineering and system integration along with the high resiliency of Nokia's
solution to ensure users' high quality services over the Crys-Tel Network. For
more information, visit the Crys-Tel website at www.crys-tel.com.

CONTACT: Crys-Tel Telecommunications.com, Inc.
Investor Relations, 619/244-2024
anthony@crys-tel.com
Website: www.crys-tel.com
or
The Weber Group (for AboveNet)
Tiffany Francis, 650/463-8642
tfrancis@ca.webergroup.com
AboveNet Website: www.above.net

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