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Technology Stocks : IDT *(idtc) following this new issue?* -- Ignore unavailable to you. Want to Upgrade?

To: orkrious who wrote (9237)	6/14/1999 9:12:00 AM
From: vinh pham	Read Replies (2) \| Respond to of 30916

IDT is launching DSL connections to businesses via Northpoint Comms. here's the news: Monday June 14, 8:30 am Eastern Time Company Press Release IDT to Add DSL to its Suite of Internet Services NorthPoint Selected as Preferred Provider HACKENSACK, N.J.--(BUSINESS WIRE)--June 14, 1999--IDT Corporation (NASDAQ: IDTC - news) has selected NorthPoint Communications (NASDAQ: NPNT - news) as its preferred provider to offer high-speed Internet access to businesses in the Tri-State Area. Beginning today, IDT will offer NorthPoint's Digital Subscriber Line (DSL) services in the New York and New Jersey areas, and expects to initiate DSL Internet access nationwide within 3-6 months. DSL is ideally suited for small and mid-sized businesses and telecommuters because it provides fast, ''always on'' and affordable Internet access using existing copper telephone lines. ''We are very excited to partner with IDT to provide leading Internet solutions to businesses in the Tri-State area,'' said John Stormer, Vice President of Marketing. ''The Internet applications that are creating new market opportunities and dramatically improving business productivity depend on high-speed connectivity that was once cost-prohibitive for small and midsize businesses. NorthPoint DSL puts high-speed access and the Internet revolution within reach of companies of all sizes.'' ''By supplementing our line of Internet services with NorthPoint's DSL, we can effectively offer our business customers a variety of solutions that can be customized to their needs,'' said Michael Fischberger, Senior Vice President of Domestic Telecommunications and Internet services. ''We look forward to providing our customers with top quality service and high speed Internet connections.'' DSL, or Digital Subscriber Line, uses standard telephone lines to provide access to the Internet at speeds up to 1.5 Mbps. Once limited to dial-up modem connections and speeds of 56 Kbps at best, DSL offers small and midsize businesses Internet access that is always on at speeds that will support advanced applications once reserved only for large businesses able to afford expensive ''T-1'' connections. IDT has established itself as a leader in the ISP business since 1994. The Internet division has over 700 points of presence across 46 states with a nationwide customer base. The company was the first ISP to introduce a flat-fee rate for customers. Additionally, the company provides a full suite of corporate solutions, including 56K-T3 access, virtual private networks, corporate dedicated voice services, e-commerce applications, web hosting and web design. NorthPoint DSL uses Symmetric Digital Subscriber Line (SDSL) technology, which provides two-way symmetric bandwidth to support the full spectrum of today's ''push'' and ''pull'' enterprise applications. NorthPoint's SDSL service ideally matches business usage patterns and supports a range of business applications including intranets, extranets, virtual private networks (VPNs), email, electronic commerce, Web hosting, and more. In addition, businesses can easily migrate to higher speeds as their Internet applications grow and their bandwidth needs increase. NorthPoint Communications, based in San Francisco, is a national, facilities-based competitive local exchange carrier dedicated to providing affordable, dedicated high-speed Internet access over existing phone lines using digital subscriber line (DSL) technology. The company operates DSL-based local networks in 19 markets and will expand its service to 28 markets by the end of 1999. Upon completion of its planned expansion, NorthPoint's DSL network will pass 4 million businesses and 30 million homes. NorthPoint provides DSL-based Internet access service -- at speeds up to 1.5 Mbps, more than 25 times faster than common dial-up modems -- through national and regional Internet service providers, CLECs, long distance carriers, value-added resellers and other partners. For additional information, visit www.northpointdsl.com. 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, and Internet access. For more information about IDT's services, please visit www.idt.net. 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, changes of rates of all related telco rates and services and 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. -------------------------------------------------------------------------------- biz.yahoo.com