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Technology Stocks : RSL Communications Ltd (RSLCF)

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To: jean who wrote (137)4/24/2000 9:22:00 AM
From: Rob C.   of 178
 
NEW YORK--(BUSINESS WIRE)--April 24, 2000--

Deal Will Expose Millions of Users Throughout Asia
to Internet-Based Communications Services

deltathree.com (Nasdaq: DDDC.O), a global provider of Internet
telephony services and other enhanced, web-based communications
services to individuals and businesses worldwide, today announced it
has entered into a Memorandum of Understanding with chinadotcom
corporation (Nasdaq: CHINA.O, website: www.corp.china.com) to
incorporate deltathree.com's Internet communication services on
chinadotcom's portals.
The deal represents a tremendous opportunity for deltathree.com to
expose millions of users throughout Asia, one of the world's fastest
growing markets for Internet-based services, to the benefits of IP
telephony. It also represents deltathree.com's first strategic
partnership in the region, where the company already has a significant
presence due to its network hubs in Beijing, Shanghai and Hong Kong.
Under the partnership, deltathree.com will make available its
current and future Internet communication services to users of
chinadotcom's portals which include china.com, cww.com, hongkong.com
and taiwan.com. The companies will also work together to develop a
co-branded Chinese language communications portal that will be
accessible directly from the World Wide Web and through links located
on chinadotcom's portals and the deltathree.com web site.
The partnership also provides that the parties will work together
to co-brand deltathree.com's Internet communication services for
resale via the chinadotcom distribution channel. The co-branded
deltathree.com services will be translated and marketed on
chinadotcom's portals.
"chinadotcom is the ideal venue for the introduction of our
innovative Internet telephony products to millions of international
Web users," said Noam Bardin, president and CEO of deltathree.com. "We
believe our services and technology will offer significant benefits to
chinadotcom's portal users and will expose millions of individuals to
the benefits of our cutting edge Internet communication services."
deltathree.com is the only "Next-Gen Telco" with the
infrastructure in place to handle the routing of hundreds of millions
of minutes of Internet telephony calls through its private network of
privately-owned and leased lines. Because deltathree.com does not rely
on the public Internet, it is able to maintain an exceptional quality
of service. deltathree.com currently routes Internet telephony traffic
from more than 2 million subscribers in over 160 countries including
11 international telecommunications carriers. The company manages one
of the world's largest networks dedicated entirely to the transport of
Voice over Internet Protocol and handles 17 percent of the world's
Internet telephony traffic. Currently the Company offers free
PC-to-Phone calling to United States and Canadian destinations. The
company's other services include:

- D3Box(TM) - A unified messaging system that aggregates email,
voicemail and faxes in one inbox, accessible online or by phone
from anywhere in the world.

- ClickIT(TM) - Allows visitors to a website to click on an icon and
speak directly with a customer service representative or contact
in their online address book via their PC. ClickIT is currently in
use on CNET's Shopper.com site and Yahoo!'s Phone Booth.

- Calling Cards - Customers are able to make phone-to-phone calls
anywhere in the world over deltathree.com's managed network,
resulting in savings of up to 90 percent compared to traditional
telecommunications services.

- Global Roaming - Enables customers to use a single account number
to access the deltathree.com network throughout the world using
country-specific, toll-free access numbers.

About deltathree.com

deltathree.com is a global provider of IP telephony services and
other enhanced web-based communications services to individuals and
businesses worldwide. The company's interactive communications portal,
www.deltathree.com, is a single online source for the communications
needs of users anywhere in the world. By combining user-friendly,
web-based access with the advanced functionality of its
privately-managed, global IP telephony network, the company offers
users a comprehensive solution for high-quality, low-cost IP
communications services. Such services currently include: PC-to-phone;
D3 Box(TM), a unified messaging service; ClickIT(TM), an e-commerce
tool; calling cards; and global roaming for accessing the
deltathree.com network from locations throughout the world.
deltathree.com is a subsidiary of RSL Communications, Ltd. (Nasdaq:
RSLC).

For more information on deltathree.com, contact Josh Epstein or
Hannah Shay at Clifford Public Relations, (212) 358-0800. For investor
relations contact Erik Knettel at Thomson Financial Investor
Relations, (212) 701-1963.

This press release contains forward-looking statements within the
meaning of the "Safe Harbor" provisions of the Private Securities
Litigation Reform Act of 1995. These statements are based on
management's current expectations or beliefs and are subject to a
number of risks and uncertainties that could cause actual results to
differ materially from those set forth in the forward looking
statements. For a detailed discussion of these cautionary statements,
risk factors and uncertainties, please refer to the Company's filings
with the Securities and Exchange Commission

--30--mjr/ny*

CONTACT: Clifford Public Relations
Josh Epstein (x28)
Hannah Shay (x17)
212/358-0800
josh@cliffordpr.com
hannah@cliffordpr.com

KEYWORD: NEW YORK INTERNATIONAL ASIA PACIFIC
INDUSTRY KEYWORD: HARDWARE INTERNET NETWORKING
COMPUTERS/ELECTRONICS SOFTWARE TELECOMMUNICATIONS MARKETING AGREEMENTS
PRODUCT

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