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To: Stephen B. Temple who wrote (1905)11/17/1998 7:05:00 AM
From: Stephen B. Temple  Respond to of 3178
 
VIP Calling Partners with DACOM International to Provide IP Telephony Services to Customers in Korea




November 17, 1998



BURLINGTON, Mass.--(BUSINESS WIRE)

With alliance, company expands Asia Pacific presence

and increases global network

VIP Calling, Inc., the leading wholesale provider of international Internet telephony services, today announced a strategic alliance with DACOM International to provide IP telephony solutions to customers in Korea. DACOM International is a subsidiary of DACOM Corporation, the second largest telecommunications carrier in Korea. The partnership strengthens VIP Calling's Asian presence and enables DACOM International to offer new services to its current business and residential customers as well as to add new customers.

Under the terms of the alliance, DACOM International will terminate calls over The VIP Calling Network(tm), a state-of-the-art IP telephony network delivering toll quality service with an IP cost structure. By using VIP Calling's cutting-edge technology, DACOM International will enable its business customers to increase profitability and gain a competitive advantage in the Asia Pacific region.

"We commend VIP Calling on its advanced global network and carrier-class facilities," said Dave Kim, team manager of DACOM International's Internet phone business team. "VIP Calling has set the industry standard for voice, fax and other services by providing a consistently high level of voice quality over IP for its customers. We are pleased to partner with VIP Calling and offer our new and existing business and residential customers the best possible service, enabling them to gain an economic advantage in a highly competitive market."

"DACOM International's position as the leading international long distance carrier in Korea makes them the perfect partner for us," said Ofer Gneezy, president and CEO of VIP Calling. "We will begin terminating inbound minutes immediately from DACOM International, significantly boosting our network traffic between Korea and North America, as well as further expanding the VIP Calling footprint in the Asia Pacific region."

About DACOM International

DACOM International Inc. is a subsidiary of DACOM Corporation, the second largest carrier in Korea, and is in charge of developing foreign markets, securing strategic bridgeheads around the world, and introducing state-of-the-art technologies to DACOM group. As a forefront of DACOM's globalization plan, the company is now preparing Internet Telephony service and audio conference service to make the most of DACOM's state-of-the-art network and facilities. The company can be reached at 82 2 3465 4724 or dacom.com.