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iBasis Automatic Code Translator To Ensure Seamless International Phone Service As Mexico Transitions to New 10-Digit Dialing Format New iBasis Network Technology
Shields Carriers & Their Customers From Complex Code Transition, Helps Prevent Service
BURLINGTON, Mass., Oct 1, 2001 (BUSINESS WIRE) -- iBasis, Inc., (Nasdaq: IBAS),
the leader in advanced Internet-based voice communications, today announced that
it has developed an automatic code translator that it will use on its global
VoIP network to help ensure seamless service to Mexico following the planned
introduction of new Mexican city and regional dialing codes. Beginning November
17, 2001, Mexico is expected to move from 8 to 10-digit dialing for
international calls to Mexico, concurrently reducing its number of city and
region dialing prefixes from approximately 1400 to 406. The iBasis automatic
code translator instantly maps all calls to the new, reorganized region and city
codes, simplifying international service to Mexico, and enabling carriers to use
The iBasis Network to route calls made using either the current 8-digit format
or the new 10-digit format, indefinitely.
"Mexico has one of the most complex city and region dialing prefix systems in
the world," said Ofer Gneezy, president and CEO of iBasis. "U.S. carriers, whose
traffic helps make the U.S-Mexico route the second-largest telecom traffic route
in the world, are scrambling to complete challenging code mapping projects in
order to avoid the possibility of service interruption and consequent revenue
reduction on this critical international route. After it is integrated with our
Assured Quality Routing systems in early November, this new routing tool,
developed by our expert network planners and engineers, is expected to enable us
not only to continue to grow our traffic to Mexico, currently our highest volume
destination, but, in addition, to help us ensure continuity of service to other
countries that choose to revamp their code structures."
The iBasis Network in Latin America
Many of the world's largest carriers route international voice traffic over the
iBasis Network, which has more than 581 points of presence in 70 countries,
using its efficient global footprint to provide high quality international
service. In Latin America, iBasis has relationships with more than 35 carriers
in Argentina, Chile, and Mexico. These relationships helped iBasis grow its
Latin American traffic by more than 246% and revenues by nearly 200% from Q2
2000 to Q2 2001.
iBasis guarantees its service quality, offering the industry's first Service
Level Agreement (SLA) for VoIP (Voice-over-Internet-Protocol). The key to
maintaining the high level of quality required by the world's largest carriers
is the company's proven, proprietary Assured Quality Routing(TM) (AQR(TM))
technology. At the company's 24 x 7 Network Operations Centers (NOC) in
Burlington, Mass., USA and Hong Kong, the nerve centers of The iBasis Network,
engineers continuously monitor the global circuit-switched (PSTN) and
packet-switched (IP) networks to ensure the highest quality of service to
customers worldwide.
About iBasis
Founded in 1996, iBasis (Nasdaq: IBAS) is the leader in advanced Internet-based
voice communications. iBasis delivers toll quality international voice services
and provides the infrastructure for hosted communications solutions, including
unified communications and speech-enabled content, e-commerce and customer
service applications. The company's customers include many of the largest
enterprises and carriers in the world, including AT&T, Cable & Wireless, China
Mobile, China Unicom, Concert, ExxonMobil, Gannett, H&R Block, Home Shopping
Network, Morgan Stanley, NTT, Telstra, Sabre Group, Sprint, Western Union,
WorldCom, and Verizon. iBasis' hosted, enhanced service solutions include
SpeechPortTM, a scalable, customizable ASP environment for speech-enabled
business solutions, VoCoreSM messaging and the IP CallCard(TM) pre- and
post-paid calling card platform. The iBasis Network is the world's largest
international Cisco Powered Network for Internet Telephony and the first to
receive the Unified Communications-Cisco Powered Network (UC-CPN) designation.
iBasis is listed in both the Russell 2000(R) and Russell 3000(R) Indexes. The
company can be reached at its worldwide headquarters in Burlington, Mass., USA
at 781-505-7500 or on the Internet at www.ibasis.net .
Assured Quality Routing and AQR are registered trademarks, VoCore is a service
mark and iBasis, The iBasis Network, Internet Central Office, Internet Branch
Office, IP CallCard, SpeechPort, IPort, and PriceInteractive are trademarks of
iBasis, Inc. or its subsidiaries. Cisco and Cisco Powered Network are registered
trademarks of Cisco Systems, Inc. All other trademarks are the property of their
respective owners.
Except for historical information, all of the expectations, projections and
assumptions contained in the foregoing press release, including those relating
to the company's current expectations regarding revenue growth, sources of
revenue, margin improvement and future capital expenditures constitute
forward-looking statements under the Private Securities Litigation Reform Act of
1995 and involve risks and uncertainties. Important factors that could cause
actual results to differ materially from such forward-looking statements
include, but are not limited to, (i) the extent of adoption of the company's new
voice-based Internet services and the timing and amount of revenue generated by
these services; (ii) fluctuations in the market for and pricing of VoIP
services; and (iii) the other considerations described as "Risk Factors" in
iBasis' Annual Report on Form 10-K for its fiscal year ended December 31, 2000,
and the company's other SEC filings.
CONTACT: Media:
iBasis, Inc. C.H.E.N. PR
Adam Banker Kevin Kosh
781-505-7414 781-466-8282
abanker@ibasis.net kkosh@chenpr.com
OR
Investors:
iBasis, Inc.
John Quirk
781-505-7409
jquirk@ibasis.net
URL: www.businesswire.com
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
Copyright (C) 2001 Business Wire. All rights reserved.
KEYWORD: MASSACHUSETTS
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS
E-COMMERCE
INTERNET
NETWORKING
SOFTWARE
SOURCE:
iBasis,
Inc.
iBasis Automatic Code Translator To Ensure Seamless International Phone Service As Mexico Transitions to New 10-Digit Dialing Format New iBasis Network Technology
Shields Carriers & Their Customers From Complex Code Transition, Helps Prevent Service
BURLINGTON, Mass., Oct 1, 2001 (BUSINESS WIRE) -- iBasis, Inc., (Nasdaq: IBAS),
the leader in advanced Internet-based voice communications, today announced that
it has developed an automatic code translator that it will use on its global
VoIP network to help ensure seamless service to Mexico following the planned
introduction of new Mexican city and regional dialing codes. Beginning November
17, 2001, Mexico is expected to move from 8 to 10-digit dialing for
international calls to Mexico, concurrently reducing its number of city and
region dialing prefixes from approximately 1400 to 406. The iBasis automatic
code translator instantly maps all calls to the new, reorganized region and city
codes, simplifying international service to Mexico, and enabling carriers to use
The iBasis Network to route calls made using either the current 8-digit format
or the new 10-digit format, indefinitely.
"Mexico has one of the most complex city and region dialing prefix systems in
the world," said Ofer Gneezy, president and CEO of iBasis. "U.S. carriers, whose
traffic helps make the U.S-Mexico route the second-largest telecom traffic route
in the world, are scrambling to complete challenging code mapping projects in
order to avoid the possibility of service interruption and consequent revenue
reduction on this critical international route. After it is integrated with our
Assured Quality Routing systems in early November, this new routing tool,
developed by our expert network planners and engineers, is expected to enable us
not only to continue to grow our traffic to Mexico, currently our highest volume
destination, but, in addition, to help us ensure continuity of service to other
countries that choose to revamp their code structures."
The iBasis Network in Latin America
Many of the world's largest carriers route international voice traffic over the
iBasis Network, which has more than 581 points of presence in 70 countries,
using its efficient global footprint to provide high quality international
service. In Latin America, iBasis has relationships with more than 35 carriers
in Argentina, Chile, and Mexico. These relationships helped iBasis grow its
Latin American traffic by more than 246% and revenues by nearly 200% from Q2
2000 to Q2 2001.
iBasis guarantees its service quality, offering the industry's first Service
Level Agreement (SLA) for VoIP (Voice-over-Internet-Protocol). The key to
maintaining the high level of quality required by the world's largest carriers
is the company's proven, proprietary Assured Quality Routing(TM) (AQR(TM))
technology. At the company's 24 x 7 Network Operations Centers (NOC) in
Burlington, Mass., USA and Hong Kong, the nerve centers of The iBasis Network,
engineers continuously monitor the global circuit-switched (PSTN) and
packet-switched (IP) networks to ensure the highest quality of service to
customers worldwide.
About iBasis
Founded in 1996, iBasis (Nasdaq: IBAS) is the leader in advanced Internet-based
voice communications. iBasis delivers toll quality international voice services
and provides the infrastructure for hosted communications solutions, including
unified communications and speech-enabled content, e-commerce and customer
service applications. The company's customers include many of the largest
enterprises and carriers in the world, including AT&T, Cable & Wireless, China
Mobile, China Unicom, Concert, ExxonMobil, Gannett, H&R Block, Home Shopping
Network, Morgan Stanley, NTT, Telstra, Sabre Group, Sprint, Western Union,
WorldCom, and Verizon. iBasis' hosted, enhanced service solutions include
SpeechPortTM, a scalable, customizable ASP environment for speech-enabled
business solutions, VoCoreSM messaging and the IP CallCard(TM) pre- and
post-paid calling card platform. The iBasis Network is the world's largest
international Cisco Powered Network for Internet Telephony and the first to
receive the Unified Communications-Cisco Powered Network (UC-CPN) designation.
iBasis is listed in both the Russell 2000(R) and Russell 3000(R) Indexes. The
company can be reached at its worldwide headquarters in Burlington, Mass., USA
at 781-505-7500 or on the Internet at www.ibasis.net .
Assured Quality Routing and AQR are registered trademarks, VoCore is a service
mark and iBasis, The iBasis Network, Internet Central Office, Internet Branch
Office, IP CallCard, SpeechPort, IPort, and PriceInteractive are trademarks of
iBasis, Inc. or its subsidiaries. Cisco and Cisco Powered Network are registered
trademarks of Cisco Systems, Inc. All other trademarks are the property of their
respective owners.
Except for historical information, all of the expectations, projections and
assumptions contained in the foregoing press release, including those relating
to the company's current expectations regarding revenue growth, sources of
revenue, margin improvement and future capital expenditures constitute
forward-looking statements under the Private Securities Litigation Reform Act of
1995 and involve risks and uncertainties. Important factors that could cause
actual results to differ materially from such forward-looking statements
include, but are not limited to, (i) the extent of adoption of the company's new
voice-based Internet services and the timing and amount of revenue generated by
these services; (ii) fluctuations in the market for and pricing of VoIP
services; and (iii) the other considerations described as "Risk Factors" in
iBasis' Annual Report on Form 10-K for its fiscal year ended December 31, 2000,
and the company's other SEC filings.
CONTACT: Media:
iBasis, Inc. C.H.E.N. PR
Adam Banker Kevin Kosh
781-505-7414 781-466-8282
abanker@ibasis.net kkosh@chenpr.com
OR
Investors:
iBasis, Inc.
John Quirk
781-505-7409
jquirk@ibasis.net
URL: www.businesswire.com
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
Copyright (C) 2001 Business Wire. All rights reserved.
KEYWORD: MASSACHUSETTS
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS
E-COMMERCE
INTERNET
NETWORKING
SOFTWARE
SOURCE:
iBasis,
Inc.
