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Technology Stocks : Deltathree.com Inc - (DDDC)

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To: zakaran who wrote (77)6/14/2001 9:02:23 AM
From: Rob C.  Read Replies (1) of 80
 
NEW YORK, June 14 /PRNewswire/ -- deltathree, Inc. (Nasdaq: DDDC), the IP
communications network and provider of hosted communications solutions for
service providers worldwide, today announced a large-scale market trial of
Broadband Phone service in China. Through its marketing partner, Innostar,
deltathree has access to one of the fastest growing telecommunications markets
in the world. This international trial follows deltathree's successful
domestic launch of the Broadband Phone service under its consumer brand,
iConnectHere.com.
deltathree's Broadband Phone is an innovative service offering, which
allows users to connect their regular telephones to their broadband Internet
connection, whether that connection is DSL, cable modem, or fixed wireless,
via a voice-enabled device. It has the full inbound and outbound
functionality of a traditional phone, including features such as Caller ID,
Call Block, Voicemail, and an Online Address Book. All calls are routed over
deltathree's award-winning global network. Additionally, with the phone line
effectively residing on the Internet, the number can ring anywhere. Thus,
Broadband Phone provides a lifetime portable phone number that follows users
regardless of geographic boundaries.
"With the first ever launch of a commercial broadband VoIP offering
successfully rolled out in May, we are now entering the international
broadband VoIP services market with great optimism. China has been one of the
early adopters of Voice over IP technology, and obviously represents a very
large market opportunity. Innostar is a well-known and highly respected
company in China. They will be taking the Broadband Phone to market with
industry expertise, marketing savvy, and a vast array of contacts. We have
worked with Innostar for several years, and they have helped us acquire major
customers such as China Telecom, Unicom and Jitong, among others, for our
other IP telephony services. We look forward to similar success with the
Broadband Phone," said Noam Bardin, CEO of deltathree.
When commenting on the announcement, Jack Zhao, Innostar's CEO of
International Operations, said, "We are extremely confident that deltathree's
Broadband Phone will be a huge success in China. In fact, six broadband
service providers have already agreed to participate in this trial, starting
immediately. Every broadband service provider can benefit from this service,
and it greatly compliments deltathree's existing and robust suite of IP
telephony offerings. Several years ago, Innostar successfully implemented the
first VoIP connection in China with deltathree. Going forward, our
partnership will allow us to meet the growing demands of service providers,
and their customers, throughout the country."
For end-users, Broadband Phone enhances the core inbound and outbound
phone experience by providing extremely competitive rates, and advanced
features not possible with traditional phones, such as a seamless integration
with Unified Messaging.
For service providers, Broadband Phone represents a turnkey voice solution
that drives new revenue directly to their bottom line. Service providers can
deliver this value-added service to their customers immediately, without
adding significant capital expenditure, since deltathree hosts the entire
solution. Furthermore, deltathree can private label Broadband Phone for those
service providers that want to leverage their own brand.
As with all of deltathree's products, Broadband Phone is supported by
deltathree's comprehensive back-end services including Billing, Reporting,
Customer Care, and Account Provisioning.

About deltathree, Inc.
Founded in 1996, deltathree, Inc. (Nasdaq: DDDC), is an IP communications
network and leading provider of IP-based products and services. The company's
Hosted Communications Solution enables customers to strengthen their brands
and improve shareholder value by hosting voice services and providing the
means to support them. In addition to its VoIP product offerings, deltathree
provides back-end VoIP support services including Billing, Operations
Management, Marketing Support, and Network Management. deltathree routes IP
telephony traffic to over 160 countries and for 18 international
telecommunications carriers. The company received the Best Built Public
Network Award for excellence in IP services/applications at SUPERCOMM 2000,
and was named the best IP telephony by SmartMoney magazine and PC World
Magazine.

About Innostar:
Innostar Hi-tech Enterprises, Ltd. (Innostar) is a state-owned corporation
which was set up in 1994 as a joint venture between two well established major
corporations of China: Technological Innovation Corporation of China attached
to the China Academy of Engineering (formerly to the State Science and
Technology Commission) and Beijing Northstar Industrial Group of the Municipal
Government of Beijing. In the telecommunications arena, Innostar has
established partnerships with many major carriers and broadband providers in
China such as China Telecom, China Unicom, China Netcom, China JiTong,
GreatWall Broadband, and others. The President of Innostar, Jinsong Zeng, was
selected as entrepreneur of the year for 2001 in a documentary film, In Search
of China, which was broadcast in the US by PBS. For more information on
Innostar, please contact Jack Zhao at 202-329-6661 and visit their web site at
innostar.com.cn.

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SOURCE deltathree, Inc.
-0- 06/14/2001
/CONTACT: Jarrett Bens of deltathree, Inc., 212-500-4869; Investor - Erik
Knettel of Thomson Financial-Carson, 212-701-1963, for deltathree, Inc./
/Web site: corp.deltathree.com
innostar.com.cn
(DDDC)

CO: deltathree, Inc.; Innostar Hi-tech Enterprises, Ltd.
ST: New York, China
IN: TLS CPR
SU: PDT

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