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

To: Art Baeckel who wrote (30218)	3/30/2004 12:39:01 PM
From: Art Baeckel	Read Replies (1) \| Respond to of 30916

<"It seems that the industry has finally reached a consensus that the future of global telecommunications is VoIP," said Ofer Gneezy, president and CEO of iBasis. "Carriers of all types are now trying to find the most efficient means of migrating current traffic to VoIP and planning for future expansion.> Company Information Center Quote/Chart March 30, 2004 07:01 AM US Eastern Timezone iBasis DirectVoIP Service Simplifies VoIP Interconnections for International Voice Service Spring VON 2004 SANTA CLARA, Calif.--(BUSINESS WIRE)--March 30, 2004-- Service Combines iBasis Expertise and Multi-vendor Interoperability to Accelerate Migration and Help Carriers Realize Cost Savings of VoIP At the Voice on the Net (VON) Conference today, iBasis, Inc. (OTCBB: IBAS), the leader in Internet-based voice communications, announced DirectVoIP(TM), a service designed to simplify and accelerate carriers' implementation of direct VoIP interconnections to the iBasis global network for international voice service. Carriers that implement DirectVoIP interconnections benefit from the lower capital and operational costs of VoIP and immediate access to iBasis' global VoIP network, which comprises more than 90 on-net countries and carries billions of minutes of international traffic. One of the ten largest carriers of international voice traffic in the world, iBasis carries more than 14% of international VoIP traffic(1). Carriers taking advantage of DirectVoIP also leverage iBasis' interoperability with a broad range of VoIP infrastructure equipment. Gateways, gatekeepers, softswitches, and session border controllers from more than 20 vendors have been DirectVoIP Certified following testing in iBasis' interoperability labs and are being used in international traffic exchange over the iBasis Network today. "It seems that the industry has finally reached a consensus that the future of global telecommunications is VoIP," said Ofer Gneezy, president and CEO of iBasis. "Carriers of all types are now trying to find the most efficient means of migrating current traffic to VoIP and planning for future expansion. DirectVoIP allows them to leverage the operational expertise, proprietary technology, and vendor relationships iBasis has developed over more than seven years experience implementing VoIP interconnections and providing high quality international service over the Internet." DirectVoIP Provides: -- Rapid direct VoIP interconnects with international VoIP deployments completed and activated in a matter of days in contrast to weeks typically required for interconnect times to TDM telecommunication carriers; -- Cost-effective and scalable VoIP interconnects to carriers and providers eliminating the need for increased capital expense associated with fixed TDM circuits, local loops, digital cross-connect switches and gateway ports in global interconnect facilities and data centers; -- Enhanced Call Signaling control using standards-based VoIP protocols such as H.323 and SIP, allowing operability to multi-vendor gateways, gatekeepers, proxy servers, session border controllers, softswitches, and IP Phones; -- Simplified network peering using signaling interoperability through protocol proxies and session border controllers; -- Access to the iBasis Network, a leading source of international minutes for termination revenue, and international call completion to thousands of destination breakouts. About DirectVoIP Certification VoIP equipment undergoes testing in the iBasis interoperability lab and in the field before being deployed as a part of the iBasis network. As of March 2003, gateways, gatekeepers, session controllers, softswitches, and SIP proxies from more than 20 different equipment vendors including Cisco Systems, Sonus Networks, NexTone, MERA Networks, MediaRing, Quintum, and VocalTec have been tested and connected to the iBasis network. About iBasis Founded in 1996, iBasis (OTCBB: IBAS) is a leading provider of wholesale international telecommunications services. iBasis is a preferred provider for many of the largest carriers in the world, including AT&T, Cable & Wireless, China Mobile, China Unicom, MCI, Sprint, Telefonica, Telenor, and Telstra. iBasis has carried more than eight billion minutes of international voice traffic over its global Cisco Powered Network(TM), and is one of the ten largest carriers of international voice traffic in the world(2). In addition to its wholesale international telecommunication services, iBasis provides retail international prepaid calling cards through major calling card distributors. For two consecutive years service providers have named the company as the best international wholesale carrier in Atlantic-ACM's annual International Wholesale Carrier Report Card(3). iBasis was ranked the #1 fastest-growing technology company in New England in the 2002 and 2003 Technology Fast 50 programs sponsored by Deloitte & Touche. The company can be reached at its worldwide headquarters in Burlington, Massachusetts, USA at 781-505-7500 or on the Internet at www.ibasis.com. Assured Quality Routing, ConnectPoint, and iBasis are registered marks, The iBasis Network, Internet Central Office, Internet Branch Office, and IP CallCard are trademarks of iBasis, Inc. Cisco and Cisco Powered Network are registered trademarks of Cisco Systems, Inc. All other trademarks are the property of their respective owners. Except for historical information, all of the expectations, projections and assumptions contained in the foregoing press release, including those relating to the company's current expectations regarding revenue growth, sources of revenue, margin improvement and future capital expenditures 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, (I) the extent of adoption of the company's services and the timing and amount of revenue generated by these services; (ii) fluctuations in the market for and pricing of these services; and (iii) the other considerations described as "Risk Factors" in iBasis' most recent Forms 10-K and 10-Q, and the company's other SEC filings. We have no current intention to update any forward-looking statements. (1) Based on international traffic data from Telegeography 2004 and iBasis annualized Q4 2003 traffic. (2) Telegeography 2004 data compared with iBasis 2003 traffic volume. (3) Atlantic-ACM International Wholesale Carrier Report Card -- 2002 & 2003 Contacts iBasis, Inc. Media: Chris Ward, 781-505-7557 cward@ibasis.net Investors: Richard Tennant, 781-505-7409 ir@ibasis.net Company Information Center Quote/Chart Print this release Close window -------------------------------------------------------------------------------- Terms of Use \| © Business Wire 2004 -------------------------------------------------------------------------------- home.businesswire.com ART

To: Art Baeckel who wrote (30218)	4/1/2004 9:10:42 AM
From: Art Baeckel	Read Replies (1) \| Respond to of 30916

April 01, 2004 08:30 AM US Eastern Timezone Net2Phone to Provide VoIP Services in Vietnam with Largest ISP NEWARK, N.J. & CHICAGO & HANOI, Vietnam--(BUSINESS WIRE)--April 1, 2004--Net2Phone Global Services (NGS), LLC, a wholly owned subsidiary of Net2Phone, Inc. (Nasdaq: NTOP), the leading provider of retail Voice over IP (VoIP) services, today announced that state-owned Vietnam Datacommunications Company (VDC), the largest provider of data services in Vietnam, has today launched a campaign to market Net2Phone's VoIP services to its corporate and residential customers throughout Vietnam. Net2Phone provides a suite of SIP-based hosted telecommunications solutions to telcos and ISPs globally facilitating quick roll out of cost effective quality VoIP solutions. For Vietnam, Net2Phone has partnered with VITC, a U.S.-based communications firm with operations in Asia, to secure relationships with top Vietnamese ISPs, including VDC, to deliver services to both small-to-mid sized businesses and consumers. VDC is the largest data services provider in Vietnam with 65% market share, servicing 1.6 million customers nationwide. "Net2Phone brings about true convergence of voice on data networks, empowering us to provide a bridge for Vietnamese customers to access quality affordable telecommunications services," said Thomas O'Connor, CEO of VITC. "We are excited to deliver best-of-breed technology throughout Vietnam, drawing on Net2Phone's expertise combined with our ability to target effective solutions for the Vietnamese marketplace." The companies jointly designed these solutions to cater to the needs of the Vietnamese marketplace, including billing in Dong, the local currency, and providing customer support in Vietnamese with web-based account-management tools and software. "Net2Phone's services deliver added value to our customers, providing affordable communications while giving us a 'sticky' application to retain customers," said Mr. Hoang Minh Cuong - Deputy Director at VDC. "Their ability to customize solutions by offering solutions in our currency and language while giving us flexibility of products to offer to our different customers has been exceptional." According to the International Telecommunication Union (ITU), Vietnam is the second fastest-growing telecommunications marketplace in the world. With more than 80 million people in the country, Vietnam represents a large market of customers looking for cost-effective communication solutions. "With their tremendous distribution networks within both the corporate and residential sectors, both VDC and VITC are well positioned to accelerate the adoption of VoIP services throughout Vietnam," said Jonathan Reich, CEO of Net2Phone Global Services. "As the market leader with the support of the Vietnamese government, VDC is an ideal channel partner for Net2Phone, enabling us to provide value-added telecommunications services leveraging their footprint and our platform." This arrangement builds on Net2Phone' strategy to offer hosted telecommunications solutions to partners globally, enabling them to offer low-cost VoIP services to their customers quickly, easily and at a low incremental cost. As a hosted provider, Net2Phone uses its centrally managed platform to empower its partners with the tools they need to offer consumer and corporate customers a full suite of telecommunications services, including residential broadband telephony, calling cards, corporate solutions, VoIP services for Internet cafes and public call centers, and prefix code dialing services. About Net2Phone Net2Phone is the only provider of PacketCable, SIP and wireless VoIP solutions in the world. As leaders in enabling telecom service providers and cable operators with turn-key hosted VoIP telephony services, Net2Phone has routed billions of retail VoIP minutes globally, servicing more than 100,000 users in the US as well as hundreds of thousands of more overseas. Net2Phone's hosted SIP platform provides partners with residential broadband telephony, calling cards, prefix dialing and enterprise services in over 100 countries. Net2Phone's PacketCable platform provides cable operators with the ability to deliver a primary line replacement service with guaranteed QoS and features such as E911. Traded on the NASDAQ under the symbol NTOP, Net2Phone's strategic partners and investors include Liberty Media Corporation (NYSE: L; LMC.B) and IDT Corporation (NYSE: IDT; IDT.C). For more information about Net2Phone's products and services, please visit www.net2phone.com. About VDC VDC, a subsidiary under VNPT (Vietnam Posts and Telecommunications Corporation), is a leading company in the IT industry in Vietnam. VDC is one of the larger IXP/ISPs and occupies approximately 65% of the market share of Internet service providers in Vietnam with growth of 200% annually. VDC is the only ISP with Internet network coverage in 63 provinces and cities throughout Vietnam. Some of the main products and services provided by VDC include: Internet, Frame relay, online services, training and consulting services and IT Integrated solutions. Some recent projects include: Design and set-up of the accounting system WAN for Post Offices in the cities and provinces all over the country; and Designing and set-up of the Internet network in all provinces and cities of Vietnam. For more information about VDC's products and services, please visit vdc.com.vn. About VITC VITC is a next-generation, leading telecommunications carrier with international network operations focused on serving the needs of rapidly growing markets in Asia. As a U.S.-based carrier with extensive operations there and other rapidly developing telecommunication markets around the world, VITC provides a bridge for its customers to access markets for voice, data, and other networking services using the latest technologies. For more information about VITC services, please visit vitcnet.com. This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward- looking statements involve risks and uncertainties and actual results could differ materially from those discussed in the forward-looking statements. For this purpose, any statements contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. Factors which may affect the Company's results include, but are not limited to, the Company's ability to expand its customer base, the Company's ability to develop additional and leverage its existing distribution channels for its products and solutions, dependence on strategic and channel partners including their ability to distribute the Company's products and meet or renew their financial commitments, the Company's ability to address international markets, the effectiveness of the Company's sales and marketing activities, the acceptance of the Company's products in the marketplace, the timing and scope of deployments of the Company's products by customers, fluctuations in customer sales cycles, customers' ability to obtain additional funding, technical difficulties with respect to the Company's products or products in development, the need for ongoing product development in an environment of rapid technological change, the emergence of new competitors in the marketplace, the Company's ability to compete successfully against established competitors with greater resources, the uncertainty of future governmental regulation, the Company's ability to manage growth, obtain patent protection, and obtain additional funds, general economic conditions and other risks discussed in this Report and in the Company's other filings with the Securities and Exchange Commission. All forward-looking statements and risk factors included in this document are made as of the date hereof, based on information available to the Company as of the date thereof, and the Company assumes no obligation to update any forward-looking statement or risk factors. Contacts Net2Phone Corporate Communications Sarah Hofstetter, 973-438-3838 sarah@net2phone.com Company Information Center Quote/Chart Print this release Close window -------------------------------------------------------------------------------- Terms of Use \| © Business Wire 2004 -------------------------------------------------------------------------------- ART