<"It seems that the industry has finally reached a consensus that the future of global telecommunications is VoIP," said Ofer Gneezy, president and CEO of iBasis. "Carriers of all types are now trying to find the most efficient means of migrating current traffic to VoIP and planning for future expansion.>
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March 30, 2004 07:01 AM US Eastern Timezone
iBasis DirectVoIP Service Simplifies VoIP Interconnections for International Voice Service
Spring VON 2004
SANTA CLARA, Calif.--(BUSINESS WIRE)--March 30, 2004--
Service Combines iBasis Expertise and Multi-vendor Interoperability to Accelerate Migration and Help Carriers Realize Cost Savings of VoIP
At the Voice on the Net (VON) Conference today, iBasis, Inc. (OTCBB: IBAS), the leader in Internet-based voice communications, announced DirectVoIP(TM), a service designed to simplify and accelerate carriers' implementation of direct VoIP interconnections to the iBasis global network for international voice service. Carriers that implement DirectVoIP interconnections benefit from the lower capital and operational costs of VoIP and immediate access to iBasis' global VoIP network, which comprises more than 90 on-net countries and carries billions of minutes of international traffic. One of the ten largest carriers of international voice traffic in the world, iBasis carries more than 14% of international VoIP traffic(1).
Carriers taking advantage of DirectVoIP also leverage iBasis' interoperability with a broad range of VoIP infrastructure equipment. Gateways, gatekeepers, softswitches, and session border controllers from more than 20 vendors have been DirectVoIP Certified following testing in iBasis' interoperability labs and are being used in international traffic exchange over the iBasis Network today.
"It seems that the industry has finally reached a consensus that the future of global telecommunications is VoIP," said Ofer Gneezy, president and CEO of iBasis. "Carriers of all types are now trying to find the most efficient means of migrating current traffic to VoIP and planning for future expansion. DirectVoIP allows them to leverage the operational expertise, proprietary technology, and vendor relationships iBasis has developed over more than seven years experience implementing VoIP interconnections and providing high quality international service over the Internet."
DirectVoIP Provides:
-- Rapid direct VoIP interconnects with international VoIP deployments completed and activated in a matter of days in contrast to weeks typically required for interconnect times to TDM telecommunication carriers;
-- Cost-effective and scalable VoIP interconnects to carriers and providers eliminating the need for increased capital expense associated with fixed TDM circuits, local loops, digital cross-connect switches and gateway ports in global interconnect facilities and data centers;
-- Enhanced Call Signaling control using standards-based VoIP protocols such as H.323 and SIP, allowing operability to multi-vendor gateways, gatekeepers, proxy servers, session border controllers, softswitches, and IP Phones;
-- Simplified network peering using signaling interoperability through protocol proxies and session border controllers;
-- Access to the iBasis Network, a leading source of international minutes for termination revenue, and international call completion to thousands of destination breakouts.
About DirectVoIP Certification
VoIP equipment undergoes testing in the iBasis interoperability lab and in the field before being deployed as a part of the iBasis network. As of March 2003, gateways, gatekeepers, session controllers, softswitches, and SIP proxies from more than 20 different equipment vendors including Cisco Systems, Sonus Networks, NexTone, MERA Networks, MediaRing, Quintum, and VocalTec have been tested and connected to the iBasis network.
About iBasis
Founded in 1996, iBasis (OTCBB: IBAS) is a leading provider of wholesale international telecommunications services. iBasis is a preferred provider for many of the largest carriers in the world, including AT&T, Cable & Wireless, China Mobile, China Unicom, MCI, Sprint, Telefonica, Telenor, and Telstra. iBasis has carried more than eight billion minutes of international voice traffic over its global Cisco Powered Network(TM), and is one of the ten largest carriers of international voice traffic in the world(2). In addition to its wholesale international telecommunication services, iBasis provides retail international prepaid calling cards through major calling card distributors. For two consecutive years service providers have named the company as the best international wholesale carrier in Atlantic-ACM's annual International Wholesale Carrier Report Card(3). iBasis was ranked the #1 fastest-growing technology company in New England in the 2002 and 2003 Technology Fast 50 programs sponsored by Deloitte & Touche. The company can be reached at its worldwide headquarters in Burlington, Massachusetts, USA at 781-505-7500 or on the Internet at www.ibasis.com.
Assured Quality Routing, ConnectPoint, and iBasis are registered marks, The iBasis Network, Internet Central Office, Internet Branch Office, and IP CallCard are trademarks of iBasis, Inc. Cisco and Cisco Powered Network are registered trademarks of Cisco Systems, Inc. All other trademarks are the property of their respective owners.
Except for historical information, all of the expectations, projections and assumptions contained in the foregoing press release, including those relating to the company's current expectations regarding revenue growth, sources of revenue, margin improvement and future capital expenditures constitute forward-looking statements under the Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties. Important factors that could cause actual results to differ materially from such forward-looking statements include, but are not limited to, (I) the extent of adoption of the company's services and the timing and amount of revenue generated by these services; (ii) fluctuations in the market for and pricing of these services; and (iii) the other considerations described as "Risk Factors" in iBasis' most recent Forms 10-K and 10-Q, and the company's other SEC filings. We have no current intention to update any forward-looking statements.
(1) Based on international traffic data from Telegeography 2004 and iBasis annualized Q4 2003 traffic.
(2) Telegeography 2004 data compared with iBasis 2003 traffic volume.
(3) Atlantic-ACM International Wholesale Carrier Report Card -- 2002 & 2003
Contacts
iBasis, Inc.
Media:
Chris Ward, 781-505-7557
cward@ibasis.net
Investors:
Richard Tennant, 781-505-7409
ir@ibasis.net
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