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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 (372)	4/2/1998 1:17:00 AM
From: Frank A. Coluccio	Respond to of 3178

Concentric Network Launches IP Voice Services Targeted at Network Carriers And Resellers Concentric Now Offers Aggressively Priced International Long Distance Service <> April 1, 1998 CUPERTINO, Calif., March 31 Concentric Network Corporation (Nasdaq: CNCX), a leader in IP network innovation, today announced at "Voice on the Net" the availability of low-cost, IP-based international long distance calling services for carriers and resellers. Concentric's Carrier IP Voice Services deliver aggressively priced, toll-quality international phone-to-phone calling to more than 200 countries around the world. The new service is targeted at facilities-based carriers and switch-based resellers. Concentric Network has joined forces with a consortium of industry-leading Internet Telephony Service Providers (ITSPs) from around the world to create an international IP voice network that provides high quality, low cost international voice services over regular telephones. The consortium has deployed IP-PSTN voice gateways designed and manufactured by OzEmail-Interline(TM). As the exclusive U.S. affiliate of the Interline consortium, Concentric Network will gain access to OzEmail-Interline's recently announced refile hub arrangement with Teltran, enabling the company to offer low cost international long distance calling to virtually any country in the world. "Leveraging the ubiquity and cost-effectiveness of the Internet, as well as the quality and reliability of IP, Concentric Network is able to offer extremely competitive international long distance rates to carriers and switch-based resellers," said Henry R. Nothhaft, chairman, president and CEO of Concentric Network. "This is another significant step forward in Concentric's evolution toward an integrated communications provider. To complement this offer, later this year we plan to introduce IP voice services to the enterprise marketplace." To take advantage of the carrier voice service, a customer must install Concentric Network's dedicated IP access facilities and all the necessary voice gateway hardware at their switch location. The customer maintains full management and control of the international long distance services provided to their end-consumers. As part of the service, the customer receives a monthly call detail report itemizing all the IP voice calls routed by Concentric. In addition, Concentric can tailor volume and term commitments to meet the specific needs of the customer's business. Besides offering this service to carriers and resellers, Concentric Network is now terminating IP voice traffic in the United States from other ITSP members of the Interline consortium. The company is actively seeking carriers and resellers to originate voice traffic from the United States to the rest of the world. About Concentric Network Corporation A leader in IP network innovation, Concentric Network Corporation provides wide area intranets and extranets for the enterprise. These high performance, secure, cost-effective and reliable IP-based Virtual Private Network services connect enterprises with their remote sites, mobile users, business partners and customers. For the consumer market, Concentric Network offers a complete line of connectivity and hosting products. The Concentric network architecture is based on "super" points of presence (SuperPOPs), an advanced ATM backbone, and distributed data centers which enable high functionality, low/fixed latency, high throughput and superior reliability to support a wide range of applications. Traded on Nasdaq under the symbol "CNCX," Concentric Network is headquartered in Cupertino, Calif. For more information, access the company's Web site at concentric.net or contact Katie Greene at 408-342-2885. NOTE: Concentric Network Corporation and the Concentric logo are trademarks of Concentric Network Corporation. Other product names mentioned herein may be trademarks and/or registered trademarks of their respective companies. This press release contains certain forward-looking statements regarding the Company's IP-based voice technology and services that involve risks and uncertainties. Actual results may vary materially due to a number of factors including, but not limited to, the ability of the Company's IP-based voice services to gain acceptance in a dynamic market, and the ability to develop and deploy IP voice services to the enterprise marketplace. SOURCE Concentric Network Corp. /CONTACT: Katie Greene of Concentric Network Corp., 408-342-2885, or kgreene@cncx.com; or Marc Franklin of Wilson McHenry Co., 650-638-3400, or mfranklin@wmc.com, for Concentric Network Corp./ /Company News On-Call: prnewswire.com or fax, 800-758-5804, ext. 152925/ /Web site: concentric.net (CNCX)