Net2Phone Named to The Standard 100 Index
Net2Phone Selected by Journalists and Investment Experts as one of the most influential companies shaping today’s Internet economy

Newark, NJ -- November 13, 2000 -- Net2Phone Inc. (NASDAQ: NTOP) announced today its inclusion in the Standard 100 Index powered by Epoch Partners, a new stock index tracking the Internet Economy. Created by Standard Media International ("The Standard"), a leading source for intelligence for the Internet Economy, and Epoch Partners, a leader of technology-enabled investing, the Standard 100 includes the most influential companies driving the Internet Economy. 

Tracked on the American Stock Exchange under the ticker symbol XIS, The Standard 100 believes that it will become the bellwether of the Internet Economy. Unlike other Internet indices, The Standard 100 will be vigilantly maintained with three quarterly reviews and an annual rebalancing. Additionally, a log-cap weighting scheme successfully captures the size factor of companies represented in the Index. This weighting scheme precludes large companies from capturing excessively large weights and allows smaller cap weighted companies to have fair representation and a stronger impact.

"As the leading provider of voice and enhanced services over IP networks worldwide, Net2Phone is delighted that The Standard 100 recognizes our leadership in the world of communications," said Howie Balter, CEO of Net2Phone. "We greatly value the editorial expertise that The Standard delivers weekly, and are pleased to be included in their list of the top 100 companies shaping our economy."

Information about the Standard 100 and Company will be featured as the cover story of The Standard’s November 20th issue, on sale November 13th. The information will also be available online at www.thestandard.com.

About Net2Phone

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.

About The Standard

Headquartered in San Francisco and located on the Web at www.thestandard.com, The Standard is the essential source for business intelligence on the Internet Economy. Through The Industry Standard, its weekly newsmagazine; TheStandard.com, its daily news outlet and business intelligence resource; its conferences and events; and its e-mail newsletters, research, recruiting and market-making offerings, The Standard provides a new breed of business leaders with the information and resources they need to succeed in the Internet Economy. The Standard has offices in Los Angeles, New York, Washington, D.C., and London, and is owned by Standard Media International, a private company majority owned by IDG.

About Epoch Partners

Epoch Partners is a technology-enabled investment bank focused on high-growth companies and electronically connected institutional and individual investors. Epoch has assembled a team of experienced investment banking, research, trading and technology professionals to build the next generation investment bank. Epoch’s unique approach to investment banking includes using technology to provide superior market intelligence to issuers and investors. For issuers, Epoch uses proprietary data to improve the pricing and distribution of securities. For all investors, Epoch provides unique research insight by fusing its analysis with relevant third party commentary. For the institutional trading community, Epoch provides enhanced investment and portfolio analysis tools in addition to an unconflicted trading platform.

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements include, among other things, Net2Phone's expected operating performance for the three months ending January 31, 2001 and thereafter. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainty of financial estimates and projections, the competitive environment for Internet telephony, changes of rates of all related telco rates and services, legislation that may affect the Internet telephony industry, and Net2Phone's 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.