Net2Phone to Present at Upcoming Kaufman Brothers and UBS Events.

Business Editors/High-Tech Writers

NEWARK, N.J.--(BUSINESS WIRE)--Sept. 2, 2003

Net2Phone, Inc. (Nasdaq: NTOP), a leading provider of retail Voice over IP (VoIP) services, today announced its participation in two upcoming events with the investment community. Interested parties

-- Wednesday, September 3, 2003 - The 6th Annual Kaufman Brothers

Communications, Media & Technology Conference, in New York,

NY. Stephen Greenberg, Chief Executive Officer, will discuss

Net2Phone's position in the global opportunities in VoIP,

including entry into the satellite and cable telephony spaces.

-- Thursday, September 18, 2003 - UBS Q-Series FTTP/VoIP

Workshop: Race to the Triple Play in New York, NY. Michael

Pastor, General Manager of Net2Phone Cable Telephony, LLC, a

wholly owned subsidiary of Net2Phone, Inc., will discuss

Net2Phone's VoIP offering to cable operators, including the

ability to deliver a viable cable telephony service to their

video and high-speed data customers. For many operators,

offering voice enables the "triple play" combination of video,

high-speed data, and telephony, which not only delivers

profitable top-line revenue but can also aid in the reduction

of subscriber churn. Net2Phone is currently running the first

fully outsourced VoIP cable telephony deployment in

conjunction with Liberty Cablevision of Puerto Rico.

Founded in 1995, Net2Phone is a leading provider of voice services over IP networks worldwide, enabling toll-quality calls between computers, telephones, and broadband devices. Recognized as the first Company to bridge the Internet with the public switched telephone network, Net2Phone has routed billions of minutes of traffic over its award-winning network. Incorporated within the company are (1) Net2Phone Global Services, which sells retail VoIP solutions globally and (2) Net2Phone Cable Telephony, which has developed a fully outsourced standards-compliant telephony solution for cable operators, using components from companies such as Arris, Motorola, Gallery iPT, Mind CTI, Nuera and CoreOS. Traded on the NASDAQ under the symbol NTOP, Net2Phone's strategic partners and investors include Liberty Media Corporation (NYSE: LMC.A; 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.

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 Report and in the Company's other 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 factors.