Business Editors
NEWARK, N.J.--(BUSINESS WIRE)--Jan. 17, 2001
Net2Phone Inc. (NASDAQ: NTOP), the pioneer and leader in voice services on IP networks, today announced that it is the leading PC-to-phone service for the second straight month, surpassing Dialpad and PhoneFree.com combined according to Media Metrix.
Net2Phone's PC2Phone Service has More Monthly Users Than Dialpad.com and PhoneFree.com Combined According to Media Metrix
According to Media Metrix, Net2Phone's total US PC-to-phone active user base has nearly doubled since October while the user bases of Dialpad and Phonefree.com have declined sharply in the same time period (down 19% and 35% respectively). In December, Net2Phone had over 2 million unique visitors to its client and web site. Unique visitors have increased 49% since August. These numbers do not include the millions of users making calls over Net2Phone's network through the MSN Messenger and Yahoo! Messenger services.
"Our continued growth in minutes, audience, and revenues clearly positions Net2Phone as the leader in voice enabling desktops around the world," said Bryan Wiener, General Manager and Senior Vice President at Net2Phone. "Our consumer business is strong, and we plan on leveraging that expertise and user adoption to bring additional value-added services to consumers, businesses, telcos, and broadband providers globally."
Free PC-to-phone calling in the U.S. allows Net2Phone to generate additional high margin revenue from the up-sell of international phone services, cross-sell of enhanced services, and from the sale of advertising to premier blue chip advertisers. Net2phone has experienced double-digit growth in revenue from international PC2Phone calls since its upgrade in November.
Net2Phone also plans to roll out a suite of voice-enabled services over the next two quarters, which integrates value-added services such as telephone access to content, emails and personal address books as well as video services from the desktop.
A chart depicting usage according to Media Metrix is available for download and can be accessed directly at
http://www.net2phone.com/corporate/graph/. Net2Phone, Inc delivers voice and enhanced services to IP networks worldwide. Net2Phone enables people to place low-cost high quality calls from their computer, telephone, or fax machine to any telephone or fax machine in the world. Net2Phone develops and markets technology and services for IP voice and e-commerce solutions for the web and other IP networks. Net2Phone's strategic investors include Softbank, America Online, GE/NBC, and Yahoo!. Additionally, AT&T has acquired a 39 percent voting stake in Net2Phone. For more information about Net2Phone's products and services, please visit
www.net2phone.com .
The net2phone has the ability to operate the services described on a large scale commercial level.The forward-looking statements are made as of the date of this press release, and Net2Phone assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Investors should consult all of the information set forth herein and the other information set forth from time to time in Net2Phone's reports filed with the Securities and Exchange Commission pursuant to the Securities Act of 1933 and the Securities Exchange Act of 1934.
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