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Technology Stocks : Deltathree.com Inc - (DDDC)

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To: zakaran who wrote (51)9/14/2000 8:46:50 AM
From: Rob C.   of 80
 
NEW YORK--(BUSINESS WIRE)--Sept. 14, 2000--deltathree, Inc.,
(Nasdaq: DDDC.O), the IP telephony network and provider of Hosted
Communications Solutions for service providers worldwide, today
announced an agreement with 1stUp.com. 1stUp.com, with more than four
million subscribers, is a leading provider of private label Internet
access solutions and a majority-owned operating company of CMGI, Inc.
Through this agreement, 1stUp.com customers will now have access to
iConnectHere.com (www.iConnectHere.com), deltathree's communications
portal, through a button integrated into the 1stUp.com navigation bar.
With more than 3.2 million customers, iConnectHere.com
streamlines the complete suite of deltathree's popular Internet-based
communications products, including unified messaging, PC-to-Phone
calls, Phone-to-Phone calling cards, multilingual services and desktop
faxing, among others.
"1stUp.com and iConnectHere.com customers have a lot in common,"
said deltathree CEO and President Noam Bardin. "People use
iConnectHere.com to save money on their communications - whether it's
making a long distance phone call, faxing a document, or picking up
their voicemail. People come to 1stUp.com for cost effective, high
quality Internet access solutions. With iConnectHere.com, 1stUp.com
customers will discover an entirely new way to enhance their everyday
lives."

Bringing Two Major Networks Together

Just as deltathree manages one of the world's largest private
networks devoted solely to Voice and Fax-over internet protocol,
1stUp.com manages the largest ISP network in North America. A pioneer
of the "Free ISP" movement, 1stUp.com also powers Internet access
solutions for leading brands like Alta Vista, Excite@Home, Lycos,
Fox's, The Simpsons, and more than 130 additional brands.
"At 1stUp.com, we are dedicated to bringing our customers the
latest innovations on the Net," said Charles Katz, president and CEO
of 1stUP.com. "We selected deltathree's iConnectHere.com products
because of their superior performance and cutting edge technology. Our
distribution partners rely on us to provide their consumers with the
highest quality features and our agreement with deltathree enables us
to do that."

About iConnectHere.com

iConnectHere.com is deltathree's consumer products division.
Powered by deltathree's international Voice over Internet Protocol
network and infrastructure, iConnectHere.com serves more than 3.2
million customers worldwide. iConnectHere.com's products include
PC-to-Phone calling, Phone-to-Phone calling, and unified messaging
(which allows users to manage their emails, faxes and voicemails using
a single account).

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. deltathree's corporate
website can be accessed at corp.deltathree.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 iConnectHere.com and deltathree, 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.

About 1stUp.com

1stUp.com, a majority-owned operating company of CMGI, Inc., is a
market leader in providing online and offline brand names with private
label Internet access solutions and innovative advertising technology.
1stUp.com's patent-pending technology enables its distribution
partners to brand, market and distribute free, premium and broadband
Internet services to their customers. Multiple leading ISP's support
1stUp.com's extensive ISP network to provide reliable connectivity.
The 1stUp.com network is the largest in North America based on total
dial-up numbers and delivers reliable Internet access to more than 95
percent of the United States and Canada. 1stUp.com powers Internet
access solutions for leading brands like AltaVista, Excite@Home,
Lycos, and more than 130 additional brands. By aggregating the more
than 4 million registered subscribers of its distribution partners,
1stUp.com is able to pass along the benefits of optimal connectivity
costs and advertising revenues to those distribution partners.
For more information, visit 1stup.com. 1stUp.com
Corporation is located at 575 Market St., Suite 1000, San Francisco,
CA 94105. Telephone: 415-293-4700.

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. These forward-looking statements address a variety of
subjects including, for example, the expected benefits of the
agreement between 1stUp and deltathree's iConnectHere.com and the
expected capabilities of iConnectHere.com to offer free Internet
access and related services. The following important factors and
uncertainties, among others, could cause actual results to differ
materially from those described in these forward-looking statements:
1stUp's products and technologies may not successfully interoperate
with those of third parties; 1stUp's business model is dependent upon
advertising and may be adversely affected by the adoption of new laws
and regulations affecting the provision of Internet advertising
services, including laws and regulations covering privacy, pricing and
content; and increased competition and technological changes in the
markets in which 1stUp competes. For a detailed discussion of these
and other cautionary statements, please refer to deltatree's and
CMGI's filings with the Securities and Exchange Commission, including
deltathree's and CMGI's Annual Report on Form 10-K for the most
recently ended fiscal year.

--30--lp/ny*

CONTACT: Clifford Public Relations, New York
Josh Epstein, 212/358-0800 x28
josh@cliffordpr.com
or Hannah Shay, 212/358-0800 x17
hannah@cliffordpr.com
- or -
1stUp.com, San Francisco
Jennifer Giles, 415/293-4774
jgiles@1stup.com

KEYWORD: NEW YORK CALIFORNIA
INDUSTRY KEYWORD: TELECOMMUNICATIONS INTERNET NETWORKING
MARKETING AGREEMENTS

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