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 IDT Teams with RealNetworks To Enable First Distributed Multi-Tier
Internet Broadcast Architecture.
Compelling new services based on RealSystem G2 to be
provided to IDT Internet user base.
Hackensack, NJ.-- April 20, 1999-- IDT (NASDAQ: IDTC) today
announced that it has teamed with RealNetworks(TM) (NASDAQ: RNWK),
the recognized leader in streaming media, to help build the first
distributed multi-tier Internet broadcast architecture.
IDT, through the installation of RealSystem G2 broadcast hubs, will
assist
in the delivery of the highest quality multimedia experience to
IDT
Internet users through RealNetworks' Real Broadcast Network (RBN).
IDT
Internet customers using RBN will be routed to specially installed
broadcast hubs located nearest to them throughout IDT 's POPs to
deliver a
higher quality viewing or listening experience to users. With these
new
value added services, RBN now features an Internet broadcasting
network
capable of reaching the largest Internet audiences today.
By enabling IDT 's customers to gain direct access to Real Networks'
streaming audio and video, users will be able to benefit from IDT
's robust
backbone and therefore have a better Internet broadcasting experience.
"We are happy to be working together with Real Networks to
ensure that our customers have clear and reliable access to the
Internet broadcast
programming of their choice now and in the future," said Michael
Fischberger, Senior Vice President of IDT 's Domestic Telecom and
Internet
Services. "This is the first of many new initiatives that we
have taken to
reinvigorate our newly independent Internet division."
"RealNetworks is proud to offer this enhanced service through
IDT , a
recognized leading Internet provider with a superb backbone,"
said Ian
Freed, General Manager, RBN, at Real Networks. "This agreement
supports
RBN's multi-tier approach for improving the Internet multimedia
experience
for consumers and broadening the Internet broadcast capabilities
for
content providers."
IDT is a leading emerging multinational carrier that combines its
position
as an international telecommunications operator, its experience
as an
Internet service provider and its leading position in Internet telephony
to
provide a broad range of telecommunications services to its wholesale
and
retail customers worldwide. The company provides its customers with
integrated and competitively priced international and domestic long
distance, pre-paid calling cards, Internet access and, through its
Net2Phone product offerings, Internet telephony services including
Net2Phone Direct, Net2Fax, and Click2Talk. For more information
about IDT's services, please visit visit www.idt.net.
Except for historical information, all of the expectations and assumptions
contained in the foregoing are forward-looking statements involving
risks
and uncertainties. Important factors that could cause actual results
to
differ materially from such forward-looking statements, include,
but are
not limited to, the competitive environment for Internet telephony,
changes
of rates of all related telco rates and services, legislation that
may
affect the Internet telephony industry, IDT 's ability to operate
the
services described on a large scale commercial level. For additional
information regarding these and other risks associated with the
company's
business refer to the company's reports filed with the SEC.
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