SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : IDT *(idtc) following this new issue?*

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Hawaii60 who wrote (13386)8/24/1999 8:52:00 AM
From: Hawaii60  Read Replies (1) of 30916
 
(COMTEX) B: (CPQ) Net2Phone Signs Compaq as Distribution Partner; Pre
B: (CPQ) Net2Phone Signs Compaq as Distribution Partner; Presario Keyboard to
Feature Link

HACKENSACK, N.J., Aug 24, 1999 (BUSINESS WIRE) -- Net2Phone Inc.
(NASDAQ: NTOP) today announced an agreement with Compaq (NYSE: CPQ) to
offer their award-winning Internet telephony services to newCompaq
Presario customers in Canada, Latin America, Japan and Asia-Pacific.

Under the agreement, a button located on the Presario keyboard will
connect online users to a co-branded telephony services web site.
Called the Community Center button, it initially connects Presario
customers to a Compaq and Net2Phone joint web site which features free
downloadable PC-to-phone software, download instructions, and details
about Net2Phone's low calling rates. After downloading the software and
setting up an account, the user can launch the application and connect
via the Web to a phone anywhere in the world.

"Compaq has always been an advocate of providing value-added Internet
services to our customers world-wide, and our relationship with
Net2Phone reinforces that direction," said Robert W. Lund, Vice
President, Business Development, Compaq Computer Corporation. "We are
pleased to be able to offer communications and community services over
the Internet, enabling our customers to further leverage the power of
the Web."

Compaq is currently shipping Presario keyboards with this capability to
customers in Canada, Latin America, Japan, and Asia-Pacific. Net2Phone
has country specific web sites available in each market. For details of
the offer please visit net2phone.com.

"Compaq offers a powerful distribution channel to increase market
awareness and demand for Net2Phone," said Yonah Lloyd, Vice President
of Business Development, Net2Phone. "Compaq Presario users are now one
touch away from experiencing the best Internet telephony service
available."

Net2Phone has developed free software that routes calls over the
Internet from a computer to any phone in the world at significantly
reduced rates. Because calls are carried over the Internet until they
reach Net2Phone's switches, rates are not dependent upon the country of
origin. As a result, users can save up to 95% off their international
phone bill, and can also make US toll-free calls from anywhere in the
world.

Net2Phone is a leading provider of voice-enhanced Internet
communications services to individuals and businesses worldwide.
Net2Phone enables people to place low-cost high quality calls from
their computer, telephone, or fax machine to any telephone or fax
machine in the world. Net2Phone develops and markets technology and
services for IP voice and e-commerce solutions for the web and other IP
networks. For more information about Net2Phone's products and services,
please visit www.net2phone.com.

Compaq Computer Corporation, a Fortune Global 100 company, is the
second largest computer company in the world and the largest global
supplier of computer systems. Compaq develops and markets hardware,
software, solutions, and services, including industry-leading
enterprise computing solutions, fault-tolerant business-critical
solutions, enterprise and network storage solutions, commercial desktop
and portable products and consumer PCs. The company is an industry
leader in environmentally friendly programs and business practices.
Compaq products are sold and supported in more than 100 countries
through a network of authorized Compaq marketing partners. Customer
support and information about Compaq and its products are available at
compaq.com.

Except for historical information, all of the expectations and
assumptions contained in the foregoing are forward-looking statements
involving risks and uncertainties. Important factors that could cause
actual results to differ materially from such forward-looking
statements, include, but are not limited to, the competitive
environment for Internet telephony, changes of rates of all related
telco rates and services, legislation that may affect the Internet
telephony industry, Net2Phone's ability to operate the services
described on a large scale commercial level. For additional information
regarding these and other risks associated with the company's business
refer to the company's filings with theSEC.



Copyright (C) 1999 Business Wire. All rights reserved.
-0-
CONTACT: Net2Phone, Hackensack
Corporate Communications
Sarah Hofstetter, 201/928-2882
E-mail: sarah@net2phone.com
or
Public Relations
Lee Suravlas, 201/928-4464
E-mail: lee@net2phone.com

WEB PAGE: businesswire.com

GEOGRAPHY: NEW JERSEY INTERNATIONAL CANADA LATIN AMERICA ASIA
PACIFIC

INDUSTRY CODE: TELECOMMUNICATIONS
COMPUTERS/ELECTRONICS
COMED
INTERACTIVE/MULTIMEDIA/INTERNET

Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.

*** end of story ***
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext