To: Jeff who wrote (18010 ) 4/5/2001 12:20:50 PM From: dreamer Respond to of 19297 iDial Networks, Inc. Reports Record Revenue Increase of 435% to $2 Million in First Quarter 2001 Jump to first matched term DALLAS--(BUSINESS WIRE)--April 5, 2001-- Sequential Revenue Growth of 117% Over Record Fourth Quarter 2000 Revenues iDial Networks, Inc. (OTCBB:IDNW) today announced record revenues of $2.0 million for the first quarter ended March 31, 2001, a growth of 435% from $374 thousand for the comparable period in 2000, and a sequential revenue growth of 117% from $923 thousand over record forth quarter 2000 revenues. "Our shift to a marketing and sales company has been a key underlying driver of our record setting growth for the first quarter. We wanted to communicate our success in our revenue growth to our shareholders in advance of our quarterly filing. We believe our record revenue growth is an extremely important milestone towards positive EBITDA in 2001 and becoming profitable shortly thereafter," commented Chairman of the Board, Mark T. Wood. "We believe that positive cash flow and earnings are as important as fast growth" said Carl K. Battie, Vice-Chairman of the Board. "We will drive revenues through expanding our global channels of distribution and, in turn, drive additional revenue with little advertising or marginal costs helping to facilitate our growth and drive to profitability in 2001." iDial Networks, Inc. also announced that full quarterly results on Form 10QSB will be available on or before May 15, 2001 and the company does not expect to be profitable in Q1 2001. About Dial iDial Networks, Inc., www.idialnetworks.com, an application service provider in leading communication technologies, provides a wide range of Voice over Internet Protocol (VoIP) services, Internet-activated applications and products that bring affordable telecommunications services to users around the globe. The company is building a next generation VoIP and TDM network based on carrier class technologies from Cisco Systems (NASDAQ:CSCO) and Microsoft Corporation (NASDAQ:MSFT). iDial Networks, Inc. is actively seeking to diversify and grow its operations internally and through selective, well-structured acquisitions. The Company will continue on its path of growing internally and acquiring profitable businesses and service providers that compliment iDial Networks diversified geographical, product and retail/wholesale composition. Safe Harbor Statement Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the Safe Harbor provisions of the Private Securities Reform act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in the future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price, volatility, product demand, market competition, risk inherent in the Company's domestic and international operations, imprecision in estimating product reserves and the Company's ability to replace and expand its holdings. CONTACT: iDial Networks, Inc Investor Relations, 954/578-5333 investor@idialnetworks.com