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Technology Stocks : Deltathree.com Inc - (DDDC)

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To: Bobby Berry who wrote (55)9/13/2000 9:03:01 AM
From: Rob C.   of 80
 
NEW YORK--(BUSINESS WIRE)--Sept. 13, 2000--deltathree, Inc.
(Nasdaq: DDDC.O), the IP telephony network and provider of Hosted
Communications Solutions for service providers worldwide, today
announced it has been chosen by JSC Mastak (SITEK), a major
telecommunications technology company in Russia, to begin providing
its suite of Internet-based products and services to SITEK to
merchandise to its customers throughout Russia.
As the first phase of the deal, deltathree will provide SITEK with
branded Phone-to-Phone calling cards for distribution to its
customers, allowing them to place calls between Russia and the rest of
Europe. In addition to providing the roaming cards, deltathree will
also provide customer service tools, billing and PIN generation for
SITEK to support the service.
Also as part of the agreement, all international IP telephony
calls placed by SITEK users will be carried over deltathree's managed
network. Currently SITEK, which has been providing IP telephony
services since mid-1999, occupies a 10% share in the Russian VoIP
market. Recently SITEK expanded its presence into Ukraine, Moldova and
other Russian territories, further expanding the scope of deltathree's
carrier network and providing service in the cities of Moscow, Saint
Petersberg, Nijni Novgorod, Samara, Saransk, Voronezsh, Kishinev and
Kiev.
"We are very pleased that SITEK has decided to feature our Hosted
Communications Solution so prominently as they expand across Russia
and Europe," said Noam Bardin, president and CEO of deltathree. "Not
only will SITEK be able to provide a greater breadth of services to
their customers, they'll be able to realize higher margins due to the
inexpensive nature of IP telephony."
The deal with SITEK is the latest to be announced as part of
deltathree's Hosted Communications Solution offering, through which
deltathree provides its suite of Internet-based communications
products and services to service providers to brand and provide to
their own customer bases.

About deltathree

A provider of cutting edge Internet telephony services and
infrastructure for service providers worldwide, deltathree's global
network consists of a full range of Internet-based communication
products and services. The company's customizable Hosted
Communications Solution enables any company to develop branded
telecommunications services without having to build infrastructure,
billing, customer service and e-commerce systems to support them. All
these services are provided by deltathree in addition to the company's
suite of Internet-based communication products that include
PC-to-Phone calling, Phone-to-Phone calling, unified messaging (which
allows users to manage their emails, faxes and voicemails using a
single account), and ClickIT(TM) (which enables visitors to a website
to place a call to a customer service representative using their PC).
deltathree's experience in providing innovative products and
services is based on the development of its own customer base of over
3.2 million users through its consumer division iConnectHere.com
(www.iConnectHere.com).
deltathree currently routes IP telephony traffic to over 160
countries and for 14 international telecommunications carriers. The
company's network consists of 107 Points of Presence in over 40
countries. deltathree recently received the Best Built Public Network
Award for excellence in IP services/applications at SUPERCOMM 2000, a
major industry commendation, and was named the best IP telephony
provider by Smart Money magazine.
For more information on deltathree, contact Josh Epstein or Wilson
Cleveland at Clifford Public Relations, (212) 358-0800. For investor
relations contact Erik Knettel at Thomson Financial Investor
Relations, (212) 701-1963.

About JSC Mastak

JSC Mastak was founded in 1996 and has branches throughout Russia
including offices in Moscow, St. Petersberg and Samara. The company
features a host of services including Internet access, IP telephony,
web hosting, regional network development and overall local
telecommunications services.

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--dc/ny*

CONTACT: Clifford Public Relations, New York
212/358-0800
Josh Epstein x28
josh@cliffordpr.com
Wilson Cleveland x25
wilson@cliffordpr.com

KEYWORD: NEW YORK RUSSIA INTERNATIONAL EUROPE
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS INTERNET
TELECOMMUNICATIONS MARKETING AGREEMENTS

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