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Technology Stocks : Voice-on-the-net (VON), VoIP, Internet (IP) Telephony

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To: Frank A. Coluccio who wrote (494)5/5/1998 8:29:00 AM
From: Frank A. Coluccio  Read Replies (1) of 3178
 

ICG and NETCOM to Offer Data and Voice Services Under New ICG Netcom Brand




May 5, 1998



ENGLEWOOD, Colo., May 4 /PRNewswire/ via NewsEdge Corporation -- ICG Communications, Inc., (Nasdaq: ICGX) announced today that its telecom division, ICG Telecom Group, and NETCOM On-Line Communication Services, Inc., the global Internet service provider it acquired in January, will begin to offer products and services under the brand name ICG Netcom. The new brand will encompass a full range of voice, data, and Internet products and services and further positions ICG Netcom as one of the nation's leading integrated communications providers (ICPs). ICG Communications, Inc., the parent company, will continue to trade its stock under the symbol ICGX.

With expertise in local, long distance telephone, data networking and Internet access, ICG Netcom provides customers with flexible, integrated and easy-to-use products at competitive prices. These solutions address the range and scale of integrated communications needs of individuals and small- to medium-sized companies across the United States.

ICG Netcom will introduce a branding campaign in selected markets beginning in early May. Using the theme of "Let's Talk About Your Business," this initiative will include print advertising and billboards with high- profile celebrity athlete endorsements. The initiative highlights the company's personal approach to working with small- to medium-sized businesses.

The athletes featured in the billboards will be: Larry Walker of the Colorado Rockies, Jerry Rice of the San Francisco 49ers, Eric Karros of Los Angeles Dodgers, Jaret Wright of the Cleveland Indians, and Greg Maddux of the Atlanta Braves.

According to Bryan, "The ICG Netcom name will be phased into company operations over the next year. The new brand name will highlight the synergy of the combined company and its unique position in the marketplace. It is part of our aggressive efforts to build the technology, financial strength and business foundation to better serve our existing customers and extend our new offerings."

Dave Garrison, CEO of Netcom, added, "Small- to medium-sized businesses face complex communication problems which require integrated solutions incorporating Internet access and data management as well as local and long distance telephone services. ICG Netcom is in a unique position to provide those solutions."

Synergy Products

In recent weeks, ICG and Netcom have announced a number of new, integrated communications products including IP Telephony and Bundled voice and data services. These, and future products and services developed with the integrated resources of both organizations, will use the ICG Netcom branding.

About ICG

ICG Communications, Inc. (Nasdaq: ICGX), headquartered in Englewood, Colo., is a leading Integrated Communications Provider (ICP) offering high- quality communications services under the brand name ICG Netcom. ICG has extensive switched fiber-optic networks and offers local, long distance and enhanced telephony and data services in California, Colorado, the Ohio Valley and parts of the southeastern United States. The company provides Internet communication solutions, connectivity and Website hosting to individuals and to small- and medium-sized businesses through its subsidiary, NETCOM On-Line Communication Services, Inc. Further information is available on ICG's Website located at icgcomm.com.

SOURCE ICG Communications, Inc.

/CONTACT: Alison Schwartz, Public Relations Manager, 303-414-5409, Alison_Schwartz@icgcomm.com, or Steve Smith, Director of Investor Relations, 303-414-5350, both of ICG Communications, Inc./ /Web site: icgcomm.com (ICGX



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