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Technology Stocks : iBasis, Inc.

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To: Jim Oravetz who wrote (74)9/27/2000 11:40:16 PM
From: Jim Oravetz  Read Replies (1) of 211
 
Sept. 27, 2000--iBasis, Inc., (Nasdaq: IBAS, news, msgs), the leader
in advanced Internet-based communications, today announced that it has been recognized as "Most
Innovative Internet Service Provider" as part of Inter@ctive Week's Interop Infr@structure Awards. At a
ceremony held at the NetWorld + Interop 2000 conference in Atlanta, iBasis was honored for its
innovative IP-based communications services, including Internet telephony hosting, Service Level
Agreements and VoCore(SM) hosted Unified Communications solution for service providers.

According to IDC, the number of users using the Internet for voice communications will grow from 10
million in 1999 to 416 million in 2004. Since 1996, iBasis, has been building the global infrastructure to
enable this great shift in how we interface with the Web. As the only provider to guarantee service
quality for Voice over Internet Protocol, iBasis already enables more than 100 international service
providers, including 11 of the top 12 US international carriers to deliver toll-quality service to customers
in more than 60 countries.

"iBasis is the only IP-based communications service provider that offers service providers Internet
telephony hosting and a comprehensive Unified Communications solution and offers guarantees
backed by Service Level Agreements that ensure customers of call completion rates equal to or better
than those obtainable over traditional voice networks," said Carol Wilson, Infr@structure Award judge
and Net Economy editor-in-chief. "With these innovative global communications services, iBasis was
our clear choice for our prestigious most innovative service provider award."
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