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Technology Stocks : Net2Phone Inc-(NTOP) -- Ignore unavailable to you. Want to Upgrade?

To: J Gunn who wrote (806)	10/4/1999 2:08:00 PM
From: Philip Williams	Read Replies (1) \| Respond to of 1556

I'm buying again here. Great news with AOL and ICQ today: from CBS.com Net2Phone and ICQ Launch Co-Branded Internet Phone Card Business Wire - October 04, 1999 09:26 DULLES, Va. and HACKENSACK, N.J.--(BUSINESS WIRE)--Oct. 4, 1999-- Low-cost virtual phone card is first in a series of joint Internet telephony offerings from ICQ and Net2Phone Net2Phone Inc. (NASDAQ: NTOP) the leading provider of Internet telephony services, and ICQ, the world's largest online communications community and an interactive brand from America Online (NYSE: AOL), today unveiled the "ICQ Phone Card Powered by Net2Phone," a virtual pre-paid calling card that routes calls over Net2Phone's IP network. The card, available at icqphone.icq.com, will initially offer telephone calls from the United States to anywhere in the world at rates up to 70% less than traditional phone cards. The companies plan to make the cards available to ICQ users in 19 additional countries in the coming months. This announcement is the first in a series of initiatives under a four-year agreement between Net2Phone and ICQ to provide a suite of Internet telephony services to ICQ customers, including PC-to-phone, PC-to-PC, and phone-to-PC services. ICQ Phone card users will be able to sign up for phone service online and check their account status online at www.icqphone.com, where they can access their call history and billing detail. Users will also be able to recharge their accounts online. Rates for the ICQ Phone card are 4.9 cents per minute for domestic calls using local access (currently available in most metro areas), and 7.9 cents per minute for domestic calls using toll free access. International rates are as low as 9 cents per minute. Users will receive 30 minutes of free domestic minutes after an initial $10.00 purchase. The ICQ Phone card will be marketed directly to ICQ users through links and banners from ICQ's home page at www.icq.com. Ariel Yarnitsky, Co-GM of ICQ Israeli Operations, said: "We're extremely pleased to offer this convenient and cost effective international phone service to ICQ registrants as the first in a series of Internet telephony offerings. ICQ and Net2Phone are poised to take instant communications between ICQ registrants to the next level. Be it phone-to-PC, PC-to-phone, or PC-to-PC, we're going to make it cheaper, faster, and easier than ever before." Howie Balter, CEO of Net2Phone, said: "This new co-branded Internet phone card will help pass on convenience and cost savings to the registered users of ICQ. We are very happy to be working with the world's largest online community of more than 42 million registrants to provide value-added and top quality service and look forward to launching our new co-branded products in the months to come." About ICQ Created in 1996 by the Israel-based company, Mirabilis, and acquired by America Online, Inc. in June 1998, the ICQ proprietary interactive service is the world's largest communications community with more than 42 million registrants worldwide. The ICQ service is a communications portal built around the ability to seek and communicate with your friends, family and colleagues online. ICQ's unique, very popular, free software (available for download at www.icq.com) is loaded with vital and fun communications tools such as its flagship instant messaging and real-time chat features, plus Web functionality such as ICQ iT! search, and ICQ White Pages, which allow members to find like-minded members within the ICQ community. ICQ is part of the AOL Interactive Properties Group.