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To: Mohan Marette who wrote (120514)4/25/1999 6:55:00 PM
From: kemble s. matter  Respond to of 176387
 
RE: With an emerging and ever growing middle-class and a large manufacturing industry, China almost bridges the gap between the two country types Mr. Reich describes. Therefore, it should follow that e-commerce on the internet may end up being the next large selling tool in China because e-commerce bridges the gap between consumers and manufacturers in a convenient and innovative fashion. If the numbers of increased computer sales, internet popularity and the increased demand for major software products in Mandarin and Cantonese are correct, China is moving towards becoming a powerhouse of computer users and more importantly consumers of major goods manufactured the world over.

Mohan,
Hi!!!

MY FIVE YEAR DREAM...some guy wrote me and upped it to ten!

Visualize the growth of technology in China....double your dreams of how fast it materializes...I don't believe anyone is close....Predictions are made in this country with far more resources to gauge...IMO China will gobble up technology at a rate far in excess of any estimation...Virtually doubled my position in DELL in early 97 based totally on this "hunch"...turns out this has kept me on the ground and off ladders...of course DELL did quite well without this sector being the focal point of growth....I have "some info".. :o)....mainly from you Mohan...Thanks...that leads me to strongly believe DELL will very soon be growing in my portfolio with CHINA as a major reason..

"THE TELEPHONE LINES OF THE LAST TEN YEARS WILL BECOME THE PC LINES OF THE NEXT TEN YEARS"

:o)

Best, Kemble



To: Mohan Marette who wrote (120514)4/26/1999 9:46:00 AM
From: hdl  Respond to of 176387
 
Subj: China Telecom Chooses VocalTec to Supply Full Turnkey...
Date: 4/26/1999 7:39:55 AM Eastern Daylight Time
From: AOL News

China Telecom Chooses VocalTec to Supply Full Turnkey Solution for Nationwide Ip Telephony Trial Network

HERZLIYA, Israel--(BUSINESS WIRE)--April 26, 1999--VocalTec Communications Ltd. (Nasdaq: VOCL) today announced that China Telecom has chosen VocalTec to provide a full turnkey Internet protocol (IP) telephony solution for its nationwide IP Telephony Trial Network. China Telecom is the largest telecommunications carrier in China. Today's news is being announced at a ceremony in Beijing attended by an Israeli state delegation to China including the President of Israel, Ezer Weizman, high officials from the Chinese Government, Doron Zinger, president and CEO of VocalTec, and senior officials of China Telecom.

China Telecom has chosen VocalTec's end-to-end IP telephony software solution based on the VocalTec Ensemble Architecture multi-service platform after intensive technical testing. China Telecom's selection of VocalTec is based on VocalTec's complete platform. As part of the turnkey solution, VocalTec is also providing the supporting hardware for this project.

Scheduled to launch for service trials shortly, China Telecom's IP Telephony Trial Network will connect China Telecom's Chinanet, the largest nationwide managed IP network, and the public switched telephone network (PSTN) based on the VocalTec Ensemble Architecture end-to-end solution. Initially, a network operation center (NOC) has been installed in Beijing which will include the VocalTec Gatekeeper, the nerve center of the IP telephony network for centralized control of routing, billing and network management. VocalTec Telephony Gateways, which convert voice calls between circuit and packet switched networks, have also been installed.

VocalTec also announced that the company is opening an office in Beijing to assist China Telecom as it serves its rapidly growing market. In a nation of over 1.2 billion people, China has more telephone lines than any country except the United States. With its current growth rate, China will soon have more telephone lines than any other country.

"We are honored to have been chosen by China Telecom, the largest carrier in China," said Doron Zinger, president and chief executive officer at VocalTec Communications. "Today's announcement is further proof that IP telephony is becoming a preferred platform for established carriers and that the VocalTec Ensemble Architecture is a leading choice for the rapid deployment of basic and enhanced IP telephony services. We are in the process of opening an office in China to expand our presence in the Asia-pacific market and to better service China Telecom and other carriers in the region."

About VocalTec Communications

VocalTec develops and markets award-winning software that enables voice, fax and multimedia communications over packetized networks, including both private networks and the public Internet. VocalTec pioneered the commercial IP (Internet protocol) telephony industry in 1995 with the first commercial IP telephony solution. Since then, VocalTec has built one of the largest research and development teams dedicated solely to IP telephony, has one of the largest footprints of users in the carrier and consumer markets, and has played a leading role in the development of industry standards. VocalTec's technical expertise is a driver in moving the industry forward with its end-to-end, standards-compliant solutions for global multi-service deployments for all classes of carriers. For the latest company information, visit VocalTec on the World Wide Web at vocaltec.com

NOTE: VocalTec, Internet Phone, Internet Phone Lite, Internet Phone Call Waiting, VocalTec Ensemble Architecture, VocalTec Ensemble Sound, VocalTec Telephony Gateway, Surf&Call, VocalTec Gatekeeper, VocalTec Network Manager and VocalTec Conference Server are trademarks or registered trademarks of VocalTec Communications Ltd. Other trademarks are the property of their respective holders.

CERTAIN STATEMENTS CONTAINED IN THIS RELEASE MAY CONTAIN FORWARD-LOOKING INFORMATION WITH RESPECT TO PLANS, PROJECTIONS OR THE FUTURE PERFORMANCE OF VOCALTEC COMMUNICATIONS, THE OCCURRENCE OF WHICH INVOLVES CERTAIN RISKS AND UNCERTAINTIES, INCLUDING, BUT NOT LIMITED TO, THE DIFFICULTIES IN CONDUCTING INTERNATIONAL OPERATIONS, PRODUCT AND MARKET ACCEPTANCE RISKS, THE IMPACT OF COMPETITIVE PRICING, COMPETITIVE PRODUCTS, PRODUCT DEVELOPMENT, COMMERCIALIZATION AND TECHNOLOGICAL DIFFICULTIES, AND OTHER RISKS DETAILED IN THE COMPANY'S REPORTS FILED FROM TIME TO TIME WITH THE SECURITIES AND EXCHANGE COMMISSION.

CONTACT:

Jo Lee

VocalTec Communications Ltd.

Tel: 201-228-7028

Fax: 201-363-8986

pr@vocaltec.com

or

Marty Querzoli/Meghan Finnerty

LNS Communications

Tel: 617-577-9777

Fax: 617-577-9888

mquerzoli@lnscom.com

mfinnerty@lnscom.com

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