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Bresnan
Communications Selects Net2Phone as Provider for Cable Telephony
Deployment
NEW YORK, NY - May 13, 2004 - Net2Phone (NASDAQ: NTOP) today announced
that it has signed a Letter of Intent to provide cable voice services
for Bresnan Communications, the 13th largest US cable operator,
with more than 300,000 video subscribers and over 500,000 homes
passed. The parties plan to begin deployment in Bresnans first
market immediately. Net2Phones hosted telephony platform permits
cable operators like Bresnan to deploy managed end-to-end local,
long distance and international phone services easily via Net2Phones
fully outsourced VoIP solution. The companies made this announcement
at Liberty Medias (NYSE: L, LMC.B) 2004 Investors Meeting
in New York City.
Throughout our months of discussions, Net2Phone has proven
to be a company with extensive VoIP experience, a knowledge of the
cable world, and a proven end-to-end managed telephony solution,
said Bill Bresnan, President and CEO of Bresnan Communications.
We identified a number of critical advantages in working with
Net2Phone, including our ability to deploy voice services rapidly
with minimal capital and operating expenses. In addition, Net2Phones
complete network management toolset allows us to guarantee quality
at a level our customers expect.
Bresnan plans to offer its customers reliable digital phone service
using Net2Phone as a bundle alongside its current cable TV and high-speed
Internet access products. Net2Phones Managed Telephony solution
empowers cable operators like Bresnan to provide their subscribers
with a primary line replacement service that is equivalent to traditional
telephony services in terms of voice quality, features, functionality
and reliability. Its accompanying network management toolset enables
fully managed end-to-end cable telephony, guaranteeing quality from
call inception through termination - the local hybrid-fiber coaxial
(HFC) network, the inter-exchange carrier (IXC) segment and the
local network. Net2Phones complete network management tools
will integrate with Bresnans back-office billing and provisioning
systems to provide Bresnans customers with a unified bill
for voice, video and broadband Internet services.
Bill Bresnan and the Bresnan organization have long been
viewed as visionaries. This is a technically advanced company, whose
management team is among the pioneers of the cable industry. We
at Net2Phone are proud that they have selected us to handle their
telephony deployment, a robust service that will round out their
valuable package of services for their customers, said Stephen
Greenberg, Chief Executive Officer of Net2Phone. This agreement
underscores Net2Phones opportunity for its outsourced cable
telephony solutions among global cable operators.
The service will be branded as Bresnans, ensuring brand consistency
throughout its advanced product offerings. Net2Phone will assume
the role of systems integrator, taking on full operational responsibility
for telephony deployment, 24x7 service assurance and telecom administration,
thereby ensuring the quality of Bresnans telephony offering.
Net2Phone will track and monitor voice quality and network performance
metrics from start to finish and will provide Bresnan with a full
view into telephone calls routed over its network.
About Net2Phone
Net2Phone provides PacketCable, SIP and wireless VoIP solutions
around in the world. As leaders in enabling telecom service providers
and cable operators with turn-key hosted VoIP telephony services,
Net2Phone has routed billions of retail VoIP minutes globally, servicing
more than 100,000 users in the US as well as hundreds of thousands
of more overseas. Net2Phones hosted SIP platform provides
partners with residential broadband telephony, calling cards, prefix
dialing and enterprise services in over 100 countries. Net2Phones
PacketCable platform provides cable operators with the ability to
deliver a primary line replacement service with guaranteed QoS and
features such as E911. Traded on the NASDAQ under the symbol NTOP,
Net2Phone's strategic partners and investors include Liberty Media
Corporation (NYSE: L; LMC.B) and IDT Corporation (NYSE: IDT; IDT.C).
For more information about Net2Phone's products and services, please
visit www.net2phone.com <http://www.net2phone.com>.
About Bresnan Communications
Bresnan Communications is a broadband communications provider founded
by Bill Bresnan in 1984. An early leader in the introduction of
advanced services, Bresnan has operated in the United States, Chile
and Poland, at one point serving over a million customers worldwide.
Bresnan currently serves over 300,000 subscribers in Colorado, Montana,
Wyoming and Utah. More information on Bresnan is available at www.bresnan.com
<http://www.bresnan.com>.
This press release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended.
These forward- looking statements involve risks and uncertainties
and actual results could differ materially from those discussed
in the forward-looking statements. For this purpose, any statements
contained in this press release that are not statements of historical
fact may be deemed to be forward-looking statements. Factors which
may affect the Company's results include, but are not limited to,
the Company's ability to expand its customer base, the Company's
ability to develop additional and leverage its existing distribution
channels for its products and solutions, dependence on strategic
and channel partners including their ability to distribute the Company's
products and meet or renew their financial commitments, the Company's
ability to address international markets, the effectiveness of the
Company's sales and marketing activities, the acceptance of the
Company's products in the marketplace, the timing and scope of deployments
of the Company's products by customers, fluctuations in customer
sales cycles, customers' ability to obtain additional funding, technical
difficulties with respect to the Company's products or products
in development, the need for ongoing product development in an environment
of rapid technological change, the emergence of new competitors
in the marketplace, the Company's ability to compete successfully
against established competitors with greater resources, the uncertainty
of future governmental regulation, the Company's ability to manage
growth, obtain patent protection, and obtain additional funds, general
economic conditions and other risks discussed in this press release
and in the Company's filings with the Securities and Exchange Commission.
All forward-looking statements and risk factors included in this
document are made as of the date hereof, based on information available
to the Company as of the date thereof, and the Company assumes no
obligation to update any forward-looking statement or risk factor.
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