Net2Phone Selects dynamicsoft Solutions To Expand Its Worldwide Voice-Over-IP Network
Adoption of SIP Software to Enable Greater Interoperability With Gateways, Terminals and Softswitches of Other Vendors

East Hanover, N.J. and Newark, N.J. - Oct. 30, 2000 - dynamicsoftÒ Inc., a leading infrastructure solutions provider for next-generation communications networks, and Net2Phone (NASDAQ: NTOP), a leading provider of voice-enabled IP services, today announced that Net2Phone Inc. will use dynamicsoft’s solutions to enable Net2Phone’s global voice-over-IP network to support Session Initiation Protocol (SIP). This move will allow for greater interoperability and expand the reach of Net2Phone’s service by providing broader access to the company’s robust IP network.  

dynamicsoft is providing Net2Phone with solutions to expand its global network by broadening the types of traffic it can carry. Net2Phone’s use of dynamicsoft infrastructure solutions will enable it to provide worldwide call termination for the rapidly-increasing volume of SIP-based voice traffic generated by communication application service providers (CASPs) and other next-generation service providers who provide Web-based voice services. In addition, SIP technology will allow Net2Phone to deliver future features while ensuring interoperability with the company’s already existing network.

“Net2Phone’s choice of dynamicsoft solutions provides a scalable, integrated solution that maximizes the value of their global VOIP network,” said Dennis Specht, founder and president of dynamicsoft Inc. “Net2Phone helped pioneer the IP telephony market, and the fact they selected dynamicsoft solutions is another example of the leadership and value we provide to customers.”

“Net2Phone, as the definitive services platform for voice over IP, selected dynamicsoft because of its leadership as an infrastructure provider for advanced networks such as ours,” said Howard Balter, chief executive officer of Net2Phone. “The expertise of dynamicsoft’s products and services team will enable Net2Phone to rapidly open our network to more users - a significant time savings in the most expeditious manner.”  

About Net2Phone

Net2Phone, Inc. 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. 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 dynamicsoft Inc.

dynamicsoft Inc. is a leading provider of Internet infrastructure solutions for deploying next-generation communications services. Guided by its vision of transforming how the world communicates, dynamicsoft offers open, scalable solutions that enable communications service providers to rapidly create and deliver compelling, differentiated services, applications and networking solutions for their customers. dynamicsoft has won several industry awards for its solutions, including “Product of the Year” awards from both Communications Solutions and Internet Telephony magazines. dynamicsoft can be reached at www.dynamicsoft.com . www.dynamicsoft.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 October 31, 2000 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.