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Voip News:iBasis CEO to Discuss Growth Opportunities in Wholesale and Consumer VoIP at NYSSA Conference5 December 2005
iBasis, Inc. (OTCBB: IBAS - News), a leader in international long distance, VoIP, and prepaid calling cards, today announced that company President and CEO Ofer Gneezy will discuss the major drivers of growth in international wholesale services, including consumer VoIP, at the 3rd annual NYSSA Broadband Communications and VoIP Conference in New York on Tuesday, December 6, 2005. Mr. Gneezy will present at 10:40 a.m. ET. A live webcast of the presentation will be accessible from the iBasis investor relations site at investor.ibasis.com.
In addition to addressing major industry trends, Mr. Gneezy will focus on factors that position iBasis to be a preferred international carrier for the fast-growing voice over broadband (VoBB) market that comprises a variety of consumer VoIP service providers ranging from AT&T and Verizon, to Skype, Vonage, and Yahoo BB.
About the Conference
The NYSSA's "Broadband Communications and VoIP Conference: The New Era of Competition", will take place from 8:00 a.m. to 5:00 p.m. on December 6 at the Harvard Club located at 27 W. 44th Street. For more information visit the NYSSA web site at www.nyssa.org.
About iBasis
Founded in 1996, iBasis (OTCBB: IBAS - News) is a leading wholesale carrier of international long distance telephone calls and a provider of retail prepaid calling services, including the Pingo(TM) web-based offering (www.pingo.com) and disposable calling cards, which are sold through major distributors and available at retail stores throughout the U.S. iBasis customers include many of the largest telecommunications carriers in the world, including AT&T, Cable & Wireless, China Mobile, China Unicom, MCI, Sprint, Skype, and Telefonica. iBasis carried approximately 5 billion minutes of international voice over IP (VoIP) traffic in 2004, and is one of the ten largest carriers of international voice traffic in the world(1). For four consecutive years service providers named iBasis the best international wholesale carrier in ATLANTIC-ACM's annual International Wholesale Carrier Report Card(2). iBasis was also ranked among the fastest-growing technology companies in New England in the 2002, 2003, and 2004 Technology Fast 50 programs sponsored by Deloitte & Touche. The Company can be reached at its worldwide headquarters in Burlington, Massachusetts, USA at 781-505-7500 or on the Internet at www.ibasis.com.
Assured Quality Routing and iBasis are registered marks, Pingo, DirectVoIP, and The iBasis Network are trademarks of iBasis, Inc. Cisco Powered is a registered trademark 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, profitability, future capital expenditures, and cash flows 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 services and the timing and amount of revenue and margin generated by these services; (ii) fluctuations in the market for and pricing of these services; and (iii) the other considerations described as "Risk Factors" in the Company's most recent Forms 10-K and 10-Q, and the company's other SEC filings. We have no current intention to update any forward-looking statements.
(1)Telegeography 2005 data compared with iBasis 2004 traffic volume.
(2)ATLANTIC-ACM International Wholesale Carrier Report Card - 2002, 2003, 2004, & 2005.
Contact:
iBasis, Inc.
Media:
Chris Ward, 781-505-7557
cward@ibasis.net
or
Investors:
Richard Tennant, 781-505-7409
ir@ibasis.net
--------------------------------------------------------------------------------
Source: iBasis, Inc.
Source: Business Wire
All trademarks and copyrighted information contained herein are the property of their respective owners.
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