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 Net2Phone Rolls Out YAP Enterprise Solutions
Proven consumer VoIP device division expands to small-to-mid
sized businesses with new line of hardware designed for corporate
usage
Las Vegas, NV & Newark, NJ -- November 13, 2000 -- Net2Phone
Inc. (NASDAQ: NTOP) today unveiled a new line of devices designed
to make Internet calling easier for small to mid-sized businesses.
The company’s YAP (Your Alternative Phone) group, which has
seen great adoption on its new consumer business, has launched
YAP Business Connections product line, creating a family of
state of the art, turnkey hardware/software/service solutions
that allows business to make multiple low cost telephone calls
and faxes simultaneously over the Net2Phone network.
YAP Business Connections products work with existing LANs or
broadband connections to ensure high-quality calling without
additional investment in infrastructure and telecom lines. YAP
Max 8/16, and the YAP Max T-1/E-1, the first two products rolled
out and will be showcased at this year’s COMDEX in Las Vegas
(Booth #4823 in the South Hall of the Las Vegas Convention Center).
The YAP Max 8/16 allows users to make up to 16 simultaneous
phone calls over Net2Phone’s global network. The YAP Max T-1/E-1
provides a simple interface to existing enterprise users PBX
and allows up to 24/30 simultaneous voice or facsimile calls
over the Net2Phone’s global network. The company is also planning
on rolling out IP Phones that plug directly into LAN connections.
In the debut of the YAP Business Connections product line at
VARVision show, a Gartner Event, at The Gartner Group’s VARVision
show last month, YAP Business Connections received the "Best
Product Award" in the communications category. Net2Phone will
market YAP Business Connections products through VARs and resellers,
enabling them to enjoy on-going revenue from services as well
as from the sale of hardware.
Other features of the YAP Max include:
- Low-cost calling anywhere in the world
- Free calling between YAP Max devices, allowing businesses
with multiple sites to call and fax each location for free
- Integration with most enterprise level PBXs
- Inbound and outbound calling
- Multi-Account management
- Web based management and set-up tools
"YAP Business Connections gives small and mid-sized businesses
exactly what they are asking for -- an integrated low-cost turnkey
solution for telecommunications," said Jonathan Rand, Executive
VP of Net2Phone. "By combining hardware, software, and services
under one division, Net2Phone can deliver on its mission of
migrating voice and enhanced services to IP networks worldwide."
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.
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.
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