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Technology Stocks : Voice-on-the-net (VON), VoIP, Internet (IP) Telephony -- Ignore unavailable to you. Want to Upgrade?

To: Stephen B. Temple who wrote (2109)	12/15/1998 9:15:00 AM
From: Stephen B. Temple	Respond to of 3178

Like a great Orchestra, IP is fine-tuning itself. <gg> IDT's Net2Phone Selected as Bigfoot's Exclusive IP Telephony Provider; Click2Talk Technology to be Incorporated Into All Telephone Listings December 15, 1998 NEW YORK--(BUSINESS WIRE) Bigfoot and IDT (NASDAQ: IDTC) today announced that IDT's Net2Phone will become the exclusive IP telephony provider to Bigfoot's web site. Under the agreement, IDT's Net2Phone will be completely integrated into Bigfoot's directories, enabling one-click PC-to-phone dialing from all telephone numbers listed in Bigfoot's directories utilizing IDT's Net2Phone service. Now, users looking up phone numbers on Bigfoot's white pages directories will be able to phone other individuals through the Internet and save up to 95% on long-distance phone calls. Net2Phone is IDT's pioneer Internet telephony product, enabling computer users around the world to place telephone calls over the Internet to any telephone around the world at significantly reduced rates. Introduced first in July 1996, more than 1,000,000 users have placed telephone calls using IDT's proprietary PC-to-phone technology. Companies such as IBM Global Services (NYSE: IBM), Yahoo! (NASDAQ: YHOO), Excite (NASDAQ: XCIT), and Creative Labs (NASDAQ: CREAF) either bundle or resell Net2Phone services to their customer base. Users can download Net2Phone PC free at www.net2phone.com. Net2Phone will be seamlessly integrated into Bigfoot's directories, allowing individuals to find a person's phone number in the white pages directory and then automatically call that person by clicking on the phone number using IDT's Click2Talk technology. The call is then seamlessly routed over the Internet from the consumer's PC to a live representative at that telephone number, enabling toll quality, full-duplex real-time conversation. "We are very excited to be partnering with Bigfoot, who has established both itself as well as its directories as an integral site to find people on the Internet," said Jonathan Reich, Senior Vice President of Marketing and Business Development. "Integrating Net2Phone into Bigfoot's directories will make the directories much more useful because now people won't have to get offline in order to place a telephone call." "By incorporating IDT's Click2Talk technology directly into the Bigfoot directories, we are able to offer an end-to-end communications service," said Lenny Barshack, CEO and co-founder, Bigfoot International. "Users can now search the most accurate national white pages listings on the Web and instantly call their friends and relatives with just a click and make those calls at a significantly reduced cost." Recipients on the other end of the call do not need to be online to receive Net2Phone calls. They can answer their telephone just like they would a regular phone call. Because the calls are placed through the Internet directly, phone rates are not based on the country of origin, but on the low-cost pricing structure set by IDT for the number being called. This results in cheaper long-distance phone calls both nationally and internationally for users of the Net2Phone service. IDT is a leading emerging multinational carrier that combines its position as an international telecommunications operator, its experience as an Internet service provider and its leading position in Internet telephony to provide a broad range of telecommunications services to its wholesale and retail customers worldwide. The company provides its customers with integrated and competitively priced international and domestic long distance, pre-paid calling cards, Internet access and, through its Net2Phone product offerings, Internet telephony services including Net2Phone Direct, Net2Fax, and Click2Talk. For more information about IDT's Internet telephony services as well as rates, please visit www.net2phone.com. Bigfoot is dedicated to personalizing the Web experience for each and every user. With its free Bigfoot for Life permanent e-mail address, NeoPlanet Web Browser and Bigfoot Directories, Bigfoot turns the Internet into a simple, personalized information and communications tool. Bigfoot was founded in 1995 and is headquartered in New York City. Bigfoot's World Wide Web address (URL) is www.bigfoot.com, e-mail should be sent to dfinkel@bigfoot.com. Bigfoot is a service mark of Bigfoot International, Inc. Except for historical information, all of the expectations and assumptions contained in the foregoing are forward-looking statements involving risks and uncertainties. Important factors that could cause actual results to differ materially from such forward-looking statements, include, but are not limited to, the competitive environment for Internet telephony, changes of rates of all related telco rates and services, legislation that may affect the Internet Telephony industry, IDT's ability to operate the services described on a large scale commercial level. For additional information regarding these and other risks associated with the Company's business refer to the Company's reports filed with the SEC. CONTACT: IDT Public Relations \| Sarah Hofstetter \| 201-928-2882 \| sarah@net2phone.com \| OR \| IDT Investor Relations \| Janine Kutliroff \| 201-928-4391 \| janinek@corp.idt.net \| OR \| Bigfoot \| David Finkel \| 212-262-1118 \| dfinkel@bigfoot.com \| Today's News On The Net - Business Wire's full file on the Internet \| with Hyperlinks to your home page. \| URL: businesswire.com \| [Copyright 1998, Business Wire]