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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 (2155)12/14/1998 8:19:00 AM
From: Stephen B. Temple  Read Replies (1) | Respond to of 3178
 
Sonus Networks Named One of the Year's 25 Hottest Start-ups

December 14, 1998

WESTFORD, Mass.--(BUSINESS WIRE)

Carrier-Class IP Telephony Startup Named
Recipient of

Prestigious Industry Award From Data
Communications Magazine

Sonus Networks, innovators in carrier-class
IP telephony products and services, today
announced its selection by Data
Communications as one of the year's Top 25
Hot Startups. Sonus Networks develops
IP-based central office solutions that enable
global carriers to implement and fully realize
the promise of global-scale IP telephony.

Its management team has a distinctly
successful track record in delivering carrier
grade solutions, and the telecommunications,
multimedia and data communications
experience pivotal to the delivery of IP
telephony solutions with the capacity,
scalability, sophistication and reliability to
support the public network, and enable the
rapid development and delivery of innovative
new services. The Sonus management team
is led by Rubin Gruber, Chairman and
co-founder, previously founder of
VideoServer (Nasdaq:VSVR), Davox
(Nasdaq:DAVX), and Cambridge
Telecommunications, acquired by GTE
(NYSE:GTE); Hassan Ahmed, Ph.D., President
and CEO, most recently Executive Vice
President and General Manager of Ascend
Communications' (Nasdaq:ASND) Core
Systems Division, and previously, Cascade
Communications' Chief Technology Officer;
and Dr. Michael Hluchyj, Vice President,
founder and CTO, previously VP and CTO at
Summa Four, recently acquired by Cisco
(Nasdaq:CSCO), Director of Networking
Research at Motorola Codex (NYSE:MOT),
and a leading member of the Technical Staff
at AT&T Bell Laboratories (NYSE:LU).

Data Communications is a worldwide
technology magazine written for corporate
networking professionals. Consideration for
"Hot Startup" was limited to private
companies under five years old. Data
Communications selected the 25 hot startups
based on innovative technology, VC
investment and the level of industry
experience of the staff.

"We are honored to be named as recipients
of Data Communications' prestigious Hot
Startups Award, and view it as both an
important validation of our strategy, and
recognition of the urgent need for central
office solutions that will redefine the
intelligence and economics of the public
network," said Rubin Gruber, Founder and
Chairman of Sonus Networks.

Sonus President Dr. Hassan Ahmed
concluded, noting: "The true promise of the
public network - and the basis on which
carriers must increasingly compete - is the
rapidly delivery of new service products to
expand the use of the public network and
drive customer retention. Sonus was formed
to meet this mission, and is working closely
with carriers to enable them to realize this
promise."

Sonus Networks is funded by some of the
telecommunications industry's most
successful and well-respected venture
capital firms, including: Bedrock, Charles
River Ventures, Matrix Partners, North Bridge
Venture Partners, and Bessemer Venture
Partners.

About Sonus Networks

Sonus Networks, Inc. is developing and
marketing the next generation of
carrier-grade IP Telephony. Its equipment
facilitates the movement of telephony from
traditional circuit networks to packet
networks, enabling a host of new carrier and
end user services. The Sonus management
and engineering teams have proven success
records in the development and delivery of
carrier-class equipment to support data,
voice and multimedia information.

CONTACT: For press/analyst information: For
investor information: | Maureen MacGregor
Rubin Gruber | Pelorus Communications Sonus
Networks | 978-779-8969 978-692-8999
x222

[Copyright 1998, Business Wire]



To: Stephen B. Temple who wrote (2155)12/14/1998 8:24:00 AM
From: Stephen B. Temple  Respond to of 3178
 
Iceland Telecom Joins Delta Three Network Partnership Program

December 14, 1998

NEW YORK and REYKJAVIK,
Iceland--(BUSINESS WIRE) Delta Three, a subsidiary of
RSL Communications, Ltd. (NASDAQ: RSLCF),
and Iceland Telecom, the largest provider of
telecommunications services in Iceland,
formed an alliance to offer Delta Three's
Internet Telephony services to over 170,000
customers.

As part of the Delta Three Network
Partnership Program, Iceland Telecom will
install Ericsson gateways and connect to the
Delta Three Internet Telephony network.
Ericsson's IPTC is a true carrier class
communications system that enables rapid
deployment of enhanced services such as
Phone-to-Phone, Fax-to-Fax and
PC-to-Phone over a TCP/IP network. As early
as next month, Iceland Telecom will offer
Delta Three's PC-to-Phone and
Phone-to-Phone products to its customers.

Iceland becomes the 37th Point of Presence
included in Delta Three's expanding global
network. Growth of Delta Three's network
occurs through the company's Network
Partnership Program. The Network Partners
Program was designed to bring together Delta
Three, Ericsson and major telcos around the
world to distribute IP Telephony services to
customers via traditional channels. Companies
who join the Network Partnership Program
receive a turn-key gateway solution from
Ericsson and network management,
maintenance and marketing solutions from
Delta Three. The Network Partnership
Program was jointly developed by Ericsson
and Delta Three. Additional Information about
the program is available at
www.deltathree.com/business.

"We are happy to be able to offer our
customers lower tariffs on international calls
through Delta Three's network," said
Gudmundur Bjornsson, Chief Executive Officer
of Iceland Telecom. "The cost of international
calls is decreasing world-wide, due to
increased competition and new technology.
Iceland Telecom is determined to take part in
that trend and offer competitive rates. Our
partnership with Delta Three is a part of that
endeavour."

"We are extremely pleased to have
forward-looking Iceland Telecom join our
global network. By distributing Delta Three
services, they show a commitment to
implementing the latest technologies for the
benefit of their customers," said Elie
Wurtman, Chief Executive Officer of Delta
Three. "Over 50% of the population in Iceland
have access to the Internet, making it a
prime market for Delta Three."

Delta Three is a wholly owned subsidiary of
global communications provider RSL
Communications Ltd. (NASDAQ: RSLCF).
Established in 1996, Delta Three was the first
company to launch Phone-to-Phone Internet
Telephony services. Today, Delta Three
operates the world's largest global managed
IP Telephony network, with 37 points of
presence in 29 countries. Together with RSL
COM, Delta Three offers service to customers
in every country in the world. The full suite of
Delta Three services, including PC-to-Phone,
Phone-to-Phone and real-time online billing
are available from Delta Three's online
communications portal at
www.deltathree.com. Delta Three marketing
and technology partners include: Telenor
Nextel, theglobe.com (NASDAQ: TGLO),
Ericsson (NASDAQ: ERICY) and Amdocs
(NASDAQ: DOX).

Iceland Telecom Ltd. is a state-owned limited
liability company, founded in January 1998, as
the former Post and Telecom Iceland was
split up. IT provides telephone service to
approximately 160,000 installed numbers, all
of which utilize digital transmission. ISDN
(Integrated Services Digital Network) is
offered nationwide and mobile telephone
service has more than 86,000 subscribers,
61,000 to GSM and 25,000 to NMT. The
company has provided Internet services from
1996 and has a consumer market share of
18% (and additional 10% through subsidiary
Skima) in a country where more than half the
population has access to the Internet at
home, at work or at school, according to
recent surveys. A broadband network, based
on fiber optic cables, was taken into use in
1997. In March 1999, Iceland Telecom will
introduce a nationwide ATM Net
(Asyncronous Transfer Mode) for high speed
data transmission. Further information on
Iceland Telecom Ltd. is available at
simi.is.

This release is available on the Delta Three
website at www.deltathree.com and RSL COM
website at www.rslcom.com.

CONTACT: Delta Three | Fara Hain,
212/588-3670 | Fax: 212/588-3674 | E-mail:
farah@deltathree.com | www.deltathree.com
| or | KCSA Worldwide | Jeff Corbin,
212/896-1214 | Fax: 212/697-0910 | E-mail:
jcorbin@kcsa.com

[Copyright 1998, Business Wire]