Hackensack, NJ.-- March 22, 2000 -- Net2Phone , Inc., a leading provider of voice-enhanced Internet communications services to individuals and businesses worldwide, and Biztro(TM) Inc., a leading provider of Web-enabled back-office services for small businesses, today announced a relationship to provide diversified IP telephony solutions for small businesses through the Biztro Business Operations Platform.

Net2Phone will be fully integrated into this platform to further enhance back-office administration via the Web.

Net2Phone will provide Biztro's clients with a suite of low-cost, high-quality IP-based services including:

• Phone-to-phone Internet telephony services, with both phone cards and long distance services
• Free, unlimited PC-to-PC calls to other Net2Phone users
• PC-to-phone and Web-to-phone service with rates averaging 50% less than traditional carriers
• IP Telephony Hardware

"Telephone and fax communications are the heart of small business operations," said Navin Chaddha, Chairman and CEO of Biztro. "Through this relationship, Biztro customers will benefit from a leading-edge Internet telephony solution that is fully-integrated with their back-office environment through the Biztro Business Operations Platform. Net2Phone's diversified services will improve business communications while at the office or working remotely."

"Biztro has built their company on improving the efficiencies of small businesses, and we are happy to be servicing their customers' multiple business needs on the Internet today through best-in-class services using PCs and telephones," said Jonathan Fram, President of Net2Phone .

The Biztro Business Operations Platform provides access to best-of-class goods and services in insurance, benefits, payroll, communications and other areas, integrated with management applications, productivity tools and information sources. These applications streamline and automate small business operations and enable employee self-service. The Biztro Business Operations Platform is delivered through the Web sites of a rapidly expanding network of Biztro channel partners.

About Net2Phone

Net2Phone is a leading provider of voice-enhanced Internet communications services to individuals and businesses 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. For more information about Net2Phone 's products and services, please visit www. net2phone .com.

About Biztro, Inc.

Biztro, Inc., headquartered in Santa Clara, Calif., was founded in March 1999 to address the fastest-growing segment of the B2B eCommerce and eServices marketplace: small business. Biztro is transforming the way small businesses run their operations by integrating leading service providers into its powerful Business Operations Platform, which dramatically increases small business buying power and improves back-office administration. Biztro distributes its Business Operations Platform through a network of channel partners. Biztro's supplier partners, key to Biztro's business model, include best-of-class companies in various industries that service the small business market. Biztro is funded by leading organizations, including SOFTBANK Venture Capital and Marsh & McLennan Capital. For more information, visit http://www.biztro.com or contact Biztro public relations at pr@biztro.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 in the future. 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.

CONTACT: Biztro Media Contacts -- Imagio Technology Public Relations Sara Garrettson, 206/625-0252 sarag@imagio.com or Biztro, Inc. Melanie De Luca, 408/653-4453 melanied@biztro.com or Net2Phone Media Contacts -- Net2Phone Corp. Communications Sarah Hofstetter, 201/928-2882 sarah@ net2phone .com or Net2Phone Inv. Relations Chris Wozny, 201/530-4064 cwozny@ net2phone .com 09:19 EST MARCH 22, 2000

Contact: CONTACT: Biztro Media Contacts -- Imagio Technology Public Relations Sara Garrettson, 206/625-0252 sarag@imagio.com or Biztro, Inc. Melanie De Luca, 408/653-4453 melanied@biztro.com or Net2Phone Media Contacts -- Net2Phone Corp. Communications Sarah Hofstetter, 201/928-2882 sarah@ net2phone.com or Net2Phone Inv. Relations Chris Wozny, 201/530-4064 cwozny@ net2phone.com