Tony Werner Joins Net2Phone’s Board of Directors
President and CEO of Aurora Networks and Former AT&T Broadband CTO Joins Net2Phone’s Board and Consultant Company outlines three-pronged approach to delivering voice and enhanced services to broadband networks using VoIP technology

Newark, NJ -- November 15, 2000 --- Net2Phone Inc. (NASDAQ: NTOP) today announced that Tony Werner, the president and CEO of Aurora Networks and former CTO of AT&T Broadband, has joined Net2Phone’s Board of Directors. 

As board member and consultant, Mr. Werner will direct the company on strategy for its broadband division. The company’s three-pronged strategy for broadband services includes developing Voice over IP (VoIP) solutions for broadband service providers, integrating Net2Phone’s core technology into broadband devices, and creating VoIP devices for broadband access networks. To that end, Net2Phone has signed agreements with Rhythms NetConnections, Flashcom, Scientific-Atlanta, and others to integrate Net2Phone’s technology into their product and service offerings. The company is also developing its own devices that enable IP voice over Broadband.

Through this three-pronged strategy, Net2Phone can provide rich and intelligent dial tone to consumers and businesses using broadband, enabling the company to provide voice and enhanced services as an added value to high-speed Internet. Users can then make the most of their existing broadband connections for voice as well as data, driving the ultimate convergence of networks.

The last mile into the home is so crucial to the success of Voice over IP, and through both their partnerships and their leading technology, Net2Phone is uniquely positioned to be the phone company for broadband networks, said Mr. Werner. In a very short time, Net2Phone has proven its ability to deliver voice and enhanced services on IP networks worldwide, and I am confident in their ability to extend that to the broadband marketplace.Mr. Werner is currently the President and CEO of Aurora Networks, a supplier of advanced optical networking systems, previously he was most recently the Executive Vice President of Engineering and Chief Technology Officer for AT&T Broadband. In this capacity, he was responsible for all engineering, technical operations, purchasing functions, and strategic technology direction for the broadband division. In this capacity, Mr. Werner was directly involved in the launch of new products at AT&T Broadband, including AT&T Digital Cable, high-speed cable Internet access and telephone services.

Tony’s background and knowledge of the broadband marketplace is phenomenal, and we are very excited to have him on our board for his insight, intelligence, and advice, said Cliff Sobel, Chairman of Net2Phone. We believe Tony’s broad knowledge, relationships, and experience will be integral to the success of our IP voice over broadband division.

Mr. Werner was included as one of Cable’s 100 most influential people by CableFax in 1998 and 1999 and 2000. He was the year 2000 recipient of the NCTA Vanguard award for Science and Technology and has two patents pending.

Prior to joining AT&T, Mr. Werner held a variety of positions including VP of Operations Engineering for Rogers Communications, Inc.; top engineer for Hong Kong Cable Communications; VP of Engineering for the Minnesota region of Rogers' U.S. operations; Western Regional Engineer for RCA Cablevision Systems; and Engineering Manager for WGN.

He serves as Chairman of CableLab’s Enhanced Services Deployment Working Group, and is an active member of the Society of Cable Telecommunications Engineers (SCTE) and the National Cable Television Association (NCTA).

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.