IDT Aggressively Launches Net2Phone Pro with Worldwide Reseller Program
Provides Drastic Reduction of Corporate Phone Bills by Routing PBX
Minutes Over the Internet
HACKENSACK, N.J--(BUSINESS WIRE)--Oct. 19, 1998-- IDT Corporation (NASDAQ:
IDTC - news) today launched an aggressive reseller program to distribute its Net2Phone Pro
services to international callers around the world.
Net2Phone Pro(R) is a hardware and software solution enabling both corporate and residential users
to make high quality phone calls through their phones and/or corporate PBX at significantly reduced
rates. A one-port gateway solution, Net2Phone Pro instantly converts voice into data for
transmission via the Internet to IDT's global network. Simultaneously, IDT's terminating gateways
convert the data back into voice and route the call as a standard toll-quality call to any telephone in
the world. Net2Phone Pro incorporates a specially developed version of Quicknet Technology's
Internet PhoneJACK(TM) to provide the plug-in for any regular phone system.
Through IDT's new reseller program, Net2Phone Pro will be sold wholesale to resellers and
distributors worldwide. The Company believes that the technically-oriented reseller is the ideal
channel to bring Net2Phone Pro to corporate customers. The Company has test marketed
Net2Phone Pro in three major international metropolitan areas with great response, and anticipates
the worldwide reseller program to be a success as well.
''Net2Phone Pro is perfect for an international reseller knowledgeable of the Internet and/or telecom
industry,'' says Jonathan Rand, Vice President, International Sales, Net2Phone. ''The installation of
Net2Phone Pro is simple but best provided by a local support team. The calling service is designed
to create a significant long-term revenue stream based on repeated international long distance calling.
IDT's test market of the Net2Phone Pro service has proven extremely successful both for customers
and our resellers.''
This is not the first innovative program brought to the communications arena by IDT. IDT invented
international callback and grew the service successfully throughout the world based on a reseller
program launched in 1992. IDT then introduced Net2Phone to the world over two years ago, the
first service to enable an end-user with a multimedia PC to call any phone through use of the
Internet. Net2Phone Pro is a natural extension of Net2Phone, creating a familiar calling environment
for the end-user, because they use a telephone to initiate calls. For more information about
Net2Phone Pro, please visit www.net2phonepro.com or call 201-928-2878.
IDT is a leading emerging multinational carrier that combines its position as an international
telecommunications operator, its experience as an Internet service provider and its leading position in
Internet telephony to provide a broad range of telecommunications services to its wholesale and
retail customers worldwide. The company provides its customers with integrated and competitively
priced international and domestic long distance, pre-paid calling cards, Internet access and, through
its Net2Phone product offerings, Internet telephony services including Net2Phone Direct, Net2Fax,
and Click2Talk. For more information about IDT's Internet telephony services, please visit
www.net2phone.com.
Except for historical information, all of the expectations and assumptions contained in the foregoing
are forward-looking statements involving risks and uncertainties. Important factors that could cause
actual results to differ materially from such forward-looking statements, include, but are not limited
to, the competitive environment for Internet telephony, changes of rates of all related telco rates and
services, legislation that may affect the Internet Telephony industry, IDT 's ability to operate the
services described on a large scale commercial level. For additional information regarding these and
other risks associated with the Company's business refer to the Company's reports filed with the
SEC. |
