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

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To: Stephen B. Temple who wrote (2068)12/8/1998 8:40:00 PM
From: Stephen B. Temple   of 3178
 
VIP Calling Partners With Siemens Business Services to Provide IP Telephony Solutions to Carriers in Asia

December 8, 1998

BURLINGTON, Mass.--(BUSINESS WIRE)

VIP Calling Broadens Asian Presence and
Helps Siemens Offer

Innovative Solutions for its Customers

VIP Calling, Inc., the leading wholesale
provider of international IP telephony
services, today announced a strategic
alliance with Siemens Business Services
(SBS) to provide IP telephony solutions to
carriers in the Asia Pacific region. The
partnership expands VIP Calling's Asian
footprint and complements Siemens' services
to its customers.

As part of Siemens Business Services' (SBS)
commitment to its carrier partners in Asia,
Siemens will take advantage of the VIP
Calling Network(TM) , a state-of-the-art IP
telephony network providing PSTN-level
quality. Carriers will increase their profitability
by using this cutting-edge technology - a
saving that they can pass on to their
customers in the form of lower rates. This
agreement will help carriers in Asia to gain
economic advantage in the global
telecommunications market.

"We are working aggressively to improve our
offerings, and recognize the benefits of VIP
Calling's toll quality, wholesale service," said
Huw Hampson-Jones, vice president Siemens
Business Services Telecom Solutions division.
"This alliance is part of our continuing efforts
to offer leading edge technology to our
customers and to help them achieve their
business goals."

"We're excited that Siemens has selected VIP
Calling," said Ofer Gneezy, president and CEO
of VIP Calling. "This alliance with a premier
telecommunications and technology company
adds significant momentum as we widen our
footprint and solidify our commitment to offer
wholesale IP telephony solutions in Asia and
throughout the world."

"In the past three months, VIP Calling has
partnered with leading IP telephony provider
ICG Netcom and Korean long distance carrier
Dacom," said Hillary Mine, executive vice
president, Probe Research. "The addition of
Siemens Business Services as a partner is
another significant validation of the VIP
Calling Network, and its emphasis on QoS."

About Siemens Business Services

Siemens Business Services Telecom Solutions
combines the company's strength as a leader
in European systems integration with
telecommunication consultancy skills in areas
such as customer care and billing, business
intelligence, network management systems,
business operations and enhanced telecoms
services. Siemens Business Services Telecom
Solutions is part of the approximately $30
billion turnover Siemens Information and
Communications business, and has the skills
and resources to support the world's major
satellite, mobile, cable and fixed network
providers.

About VIP Calling

VIP Calling, Inc., based in Burlington, Mass.,
is a leading facilities-based carrier utilizing
the Internet to provide wholesale
international telecommunication services.
Founded in 1996, the company has leveraged
its engineering and telecommunications
expertise to deploy the VIP Calling Network,
a state-of-the-art IP telephony network
providing PSTN-level quality. The VIP Calling
Network has gateway and switching facilities
in New York and Los Angeles, a Network
Operations Center in Burlington, Mass., and
high capacity points of presence (POP) in
Asia, the Middle East, Europe and South
America. VIP Calling enables carriers, prepaid
card operators and telephony resellers to
reduce costs and increase profit margins.
The company can be reached at
781-229-0011 or at www.vipcalling.com.

VIP Calling is a registered trademark of VIP
Calling, Inc. All other brand names and
trademarks are properties of their respective
owners.
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