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Technology Stocks : Voice-on-the-net (VON), VoIP, Internet (IP) Telephony -- Ignore unavailable to you. Want to Upgrade?


To: Frank A. Coluccio who wrote (2845)9/8/1999 10:02:00 AM
From: Crash  Read Replies (1) | Respond to of 3178
 
Frank,
Along those same lines I discovered this article which provides a little insight into the actual penetration of VoIP to date.

Enjoy,
Crash

Continuous Growth in the Business Telephone Industry
Posted September 07, 1999 10:00 AM PDT

Sales of business telephone systems increased slightly in the second quarter of 1999, and once again showed that the traditional business telephone systems are not dead yet in spite of the continuous talk about Voice over Internet Protocol (VoIP).

U.S. sales increased to 4.04 million lines in the second quarter, representing a 0.2% increase compared to the previous reporting period. Analysis of quarter over quarter growth indicates that Total New Lines increased 2.6% and Add-On Lines decreased 6%. At the same time, sales of Systems increased by 1.9%, indicating continuous growth in the market for business telephone systems otherwise known as PBX and Key/Hybrid Systems. This is as reported in the newly released 2Q99 Monitor Report, prepared by The Eastern Management Group.

PBX Market Analysis

Total PBX System shipments rose 4.3% over the prior reporting period with a total of 8,814 Systems shipped. Second quarter 1999 PBX Total Line shipments decreased 2.7% over first quarter 1999 resulting in 2.1 million Lines shipped.

Lucent captured the number one position in Total Lines sold with a 33.2% market share and the number two position in Systems sold with a market share of 23.6%.

Nortel held the number one spot in Systems sold with a market share of 24.8% and had a strong number two position in Total Lines with a market share of 31.7%.

Mitel claimed the number three spot in Systems with 16.6% of the market, followed by NEC with 11.4% market share. Siemens was number three in Total Lines sold with 8.5% of the market. Mitel and NEC were next with 7.5% and 7.1% respectively.

Key / Hybrid Market Analysis

Sales of smaller phone systems known as Key/Hybrid Systems were up 1.7% over last period with a total of 103,161 Systems shipped. Total Stations (lines) experienced a significantly stronger growth of 3.6% to 1.92 million over the first quarter.

Lucent once again secured the number one spot in sales of both Total Stations and Systems with a 23.8% and a 25.2% market share respectively. Nortel was a strong number two with 22% of the Total Stations market and 20.5% of the Systems market. Panasonic experienced robust growth in the Systems market and was number three with a market share of 10.7%. Inter-Tel remained in the number three position for Total Stations with 9.9% of the market.

Other strong performers in the Systems market were Nitsuko with 8.3% of the market and Inter-Tel with 7.4%. Toshiba and Comdial did well in the Total Stations market with 8.8% and 6% of the market respectively.



To: Frank A. Coluccio who wrote (2845)9/29/1999 8:18:00 AM
From: Frank A. Coluccio  Respond to of 3178
 
ITXC Announces Initial Public Offering

September 29, 1999

PRINCETON, N.J.--(BUSINESS WIRE) via
NewsEdge Corporation -- ITXC Corp.
(Nasdaq:ITXC) today commenced an initial
public offering of 6,250,000 shares of
Common Stock at a price of $12.00 per
share through underwriters led by Lehman
Brothers, Inc., CIBC World Markets and
First Analysis Securities Corporation.

All of the shares are being offered by the
Company. The Company has granted the
underwriters an option to purchase an
aggregate of up to 937,500 additional
shares of Common Stock to cover any
over-allotments. The Company's stock will
be quoted on the Nasdaq National Market
under the symbol "ITXC".

ITXC Corp. is a leading global provider of
high quality Internet-based voice and fax
services. It has developed and deployed
ITXC.net, an actively-managed network
overlayed on the Internet.

Its WWeXchange(sm) service provides
international carriers, ISPs and Internet
telephony service providers with
international call completion over the
Internet and enables them to offer their
own customers phone-to-phone global
voice services. Key carrier affiliates include
China Telecom, Bell Atlantic and Korea
Telecom, among others.

A copy of the prospectus relating to the
offering may be obtained form Lehman
Brothers, Inc., c/o Automatic Data
Processing, Prospectus Fulfillment, 55
Mercedes Way, Edgewood, NY 11717,
telephone number 516/254-7106, facsimile
number 516/254-7268.

Except for historical information, all of the
expectations, projections and assumptions
contained in the foregoing press release
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, the considerations
described as "Risk Factors" in the
Company's filings with the SEC.

This press release shall not constitute an
offer to sell or a solicitation of an offer to
buy, nor shall there be any sale of these
securities in any state or jurisdiction in
which such offer, solicitation or sale would
be unlawful prior to registration or
qualification under the laws of such state
or jurisdiction.

<<Business Wire, 09-28-99, 08:21
Eastern>>

CONTACT: ITXC Corp. | Edward B. Jordan,
609/419-1500 | ejordan@itxc.com |
www.itxc.com