ITXC VP Mary Evslin Is Private Sector Member of Official US Delegation To ITU World...

Business Editors/Hi-Tech Writers

ISTANBUL, Turkey--(BUSINESS WIRE)--March 18, 2002

ITXC Attends Conference to Provide Guidance on Building out

Telecom Infrastructure in Developing Nations

ITXC Corp. (Nasdaq: ITXC) Vice President of Marketing Mary Evslin is

The delegation is made up of members from the private sector, the State Department, the Federal Communications Commission (FCC), and several other US government organizations.

The conference will determine objectives and strategies for balanced worldwide and regional development of telecommunications, giving particular consideration to expansion and modernization of networks and services of developing countries as well as mobilization of resources required for these purposes.

Ms. Evslin and the rest of the US delegation have met over the past few months to draft US policy statements on the telecom issues that will be addressed at the conference.

The ITU is the international organization within the United Nations System where governments and the private sector coordinate global telecom networks and services. The ITU organizes the World Telecommunication Development Conference (WTDC) which occurs every four years.

The ITU's 189 Member States and 250 ITU-D (Development) Sector Members as well as telecom ministers and regulators from around the world attend the WTDC conference.

Mary Evslin said: "The United States has led both by example and persuasion in the worldwide deregulation and demonopolization of telecommunications. Our job isn't done either at home or abroad but many countries have already benefited by tearing down barriers to entry and dismantling the advantage of incumbents. Citizens in these countries benefit from lower call prices; the economies of the countries benefit from both lower cost for business calls and better accessibility from the rest of the world.

"It is important that competitors be free to use the Internet as well as other technologies as they build their businesses. It is crucial that over regulation, even well meant regulation, does not itself become a barrier to competition. It is crucial that developing countries have the opportunity to use their scarce capital wisely by building a single infrastructure to carry both voice and data. They have no need to follow in the footsteps of the United States and Western Europe who built separate networks for voice and data before it was technically feasible to use one network for both."

ITXC has been successful in empowering carriers around the world who have found that the current shortage of capital has restricted their options to privatize or to begin successful competition post deregulation. For little or no capital cost, ITXC carrier customers receive high-quality, competitive routes for calls they originate onto ITXC.net and revenue for calls they complete from ITXC.net(SM).

ITXC offers them immediate access to a worldwide network both for calls they send and makes them accessible via that same network for calls made from all over the world.

ITXC has extensive experience working with incumbent carriers in the developing world. In addition, ITXC carries phone calls around the world over ITXC.net, the company's Internet-based global network in 146 countries, for emerging carriers in deregulating markets as well as all major US carriers, many major international carriers such as China Telecom, Optus, PLDT, Telkom South Africa, Telia, Telenor, and Vietel, and a growing number of mobile carriers.

China and Bolivia are notable examples of countries where ITXC has played at key role in the development of competitive markets.

About ITXC:

In four years of operation, ITXC Corp. has become the largest US-based dedicated wholesale carrier of international phone calls. The Company ranks among the top 20 carriers of any kind in the world based on minutes of international calling. Approximately two out of every 100 international calls worldwide are carried by ITXC on behalf of the retail carriers whose customers make these calls.

ITXC's customers include all major US carriers and RBOCs as well as leading carriers worldwide.

Proprietary ITXC technology has made it possible to build a carrier-grade call completion network, ITXC.net(SM), with 849 PoPs in 406 cities and 146 countries (as of February 28, 2002) using the Internet as its backbone. The efficiency of the company's business model means low prices, low capital requirements, and fast deployment for ITXC's carrier customers.

ITXC customers and suppliers are pleased by the fact that ITXC has no net debt and a balance sheet as strong as it is simple.

ITXC is known as the essential off-net carrier taking calls to and from everywhere a carrier's own network doesn't reach.

For more information about ITXC, please visit www.itxc.com.

Forward-looking statements:

ITXC has included in this press release certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" consist of all non-historical information and include the analysis of historical data in this release.

Actual results could differ materially from those projected in the Company's forward-looking statements due to numerous known and unknown risks and uncertainties including, among other things, unanticipated technological difficulties, the volatile and competitive environment for Internet telephony, changes in domestic and foreign economic, market, and regulatory conditions, the creditworthiness of our customers, uncertainty in legal proceedings and other considerations described as "Risk Factors" in Exhibit 99 to the Company's Annual Report on Form 10-K for the year ended December 31, 2000 and in other filings by the Company with the SEC.

ITXC is a registered trademark of ITXC Corp. ITXC.net is a service mark of ITXC Corp. All other trademarks mentioned in this document are the property of their respective owners.