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

To: Stephen who wrote (1545)	1/21/1999 11:05:00 AM
From: neverenough	Read Replies (1) \| Respond to of 30916

Net2Phone Wins 1998 Products of the Year Awards from Internet Telephony and CTI Magazines Business Wire - January 21, 1999 09:45 HACKENSACK, N.J.--(BUSINESS WIRE)--Jan. 21, 1999--IDT's (NASDAQ: IDTC) Net2Phone today announced that its suite of Internet telephony services were named 1998 Products of the Year by Internet Telephony and Computer Telephony Integration (CTI) Magazines. Internet Telephony Magazine named IDT's Net2Phone Direct 1998 Product of the Year in the category of Internet Telephony Service Providers. Net2Phone Direct is IDT's phone-to-phone Internet telephony service, where calls are routed over Net2Phone's extensive DS3 backbone, enabling top quality and clear transmission of calls. CTI Magazine named IDT's Net2Phone 1998 Product of the Year in the Call Center and Internet Telephony categories. Net2Phone's suite of Internet Telephony services include: -- Net2Phone PC: The first PC-to-phone service -- Net2Phone Direct: Real-time computerless voice over IP service -- Net2Fax: The first real-time Fax over IP solution -- Net2Phone Gateway: Bridges the Internet with the PSTN -- Net2Phone Gatekeeper: Routes, rates, authorizes, bills, and manages all Internet telephony gateways and phone calls -- Click2Talk: Voice-enabled e-commerce solution using Internet Telephony -- Click2CallMe: Web-based callback service -- EZSurf (to be launched February 1): The first web shopping portal powered by Internet Telephony "Millions of customers worldwide have been benefiting from Net2Phone's low-cost rates and high quality service," said David Greenblatt, Chief Operating Officer of Net2Phone. "Technology Marketing Corporation's (publishers of CTI, Internet Telephony and Call Center Solutions) publications provide us with cutting edge information about our industry, and we are honored that this most reliable source has presented such awards to us." "CTI magazine prides itself on having the most in-depth and objective product reviews of any telecom or datacom publication. Tremendous resources have been devoted to developing TMC Labs, and the TMC Labs engineers and CTI magazine editors spent many weeks picking the most important and influential products of 1998. This product distinguishes itself as one of the most forward thinking and useful products announced in the field of voice/data convergence -- a field that is abundant with new products," said Rich Tehrani, Group Publisher of TMC Publications. 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, please visit www.net2phone.com. 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, Hackensack Public Relations: Sarah Hofstetter, 201/928-2882 sarah@net2phone.com IDT Investor Relations: Janine Kutliroff, 201/928-4391 janinek@corp.idt.net