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ITXC Now Operates the Most Extensive InternetTelephony Network.

NORTH BRUNSWICK, N.J.--(BUSINESS WIRE)--Aug. 6, 1998-- ITXC Corp announced Thursday that it is routing customer calls not only to every phone in the United States, but also has the ability to route to every phone in the world using a combination of PSTN and its 34 certified Affiliate gateway sites located in 15 countries.

This footprint of installed and certified gateways establishes the company as the operator of the most extensive international wholesale Internet telephony network.

Calls come from pre-paid calling card companies, call-back companies, CLECs, carriers and ISPs. They are being routed today in IP format to the following countries directly on ITXC's network of Affiliates using its WWeXchange Service: -0-


Turkey                          Thailand
Lebanon                         Ukraine
Pakistan                        Spain
South Korea                     Russia
Singapore                       United States
Taiwan                          Israel
Australia                       ITXC Limitada (which covers
Mainland China                  Brazil, Paraguay, Uruguay,
Hong Kong                       Chile, Argentina)


-0-

ITXC has an additional thirteen countries, some with multiple sites currently in final deployment that are planned to be operational by the end of August. Nine of these countries are solely reached through peering arrangements with other Internet carriers. -0-


Bangladesh                      France
Columbia                        Italy
Ecuador                         UK
Germany                         Ukraine
Japan                           Venezuela
Greece                          Canada
Finland


-0-

In addition to these 51 locations where ITXC has local IP termination, ITXC can complete calls to every phone in the world through a combination of Internet telephony and traditional PSTN. If there is no ITXC-certified gateway in a destination city, WWeXchange Service completes the call from the US to the destination city using traditional long distance.

ITXC's buying power and experience allow it to obtain this international long distance at much lower rates than most ITSPs would be able to achieve on their own. Moreover, since outbound calling rates from the U.S. are the cheapest in the world, international callers achieve significant savings by having their calls routed through the Internet to the U.S. and from there to other international destinations.

The best savings are achieved when calls can be made all the way to the destination city on the Internet.

ITXC Corp sells its WWeXchange Service to Affiliates in all of the above countries. WWeXchange provides, authorization/authentication, intelligent routing and settlement services so that the Affiliate can enter the market immediately and does not need to have bilateral arrangements with companies all over the world.

The Affiliate has one relationship with ITXC Corp which handles all of those details for them.

ITXC will be adding additional sites every month through 1998 as well as additional capacity at existing sites. ITXC projects that it will have over 75 international gateway sites in its network by the end of 1998. The company currently supports gateways from VocalTec and Lucent.

Each site offering termination must pass ITXC Certification for quality and is monitored by a 7x24 Network Operations Center (NOC) to assure that quality is maintained.

About ITXC Corp

ITXC is a wholesale provider of services to companies originating and termination Internet telephony calls. Its WWeXchange Service provides wholesale call completion to any phone in the world using a combination of Internet telephony and traditional PSTN.

Its customers are prepaid calling card companies, call back companies, traditional telephone companies and newly formed Internet telephony service providers (ITSPs) -- all of whom use Internet telephony to reduce the cost of international calling.

The company, which began revenue operation in April of 1998, now has the most extensive wholesale network of Internet telephony gateways in the world.

ITXC was founded by Tom Evslin in August of 1997 with initial seed funding from AT&T and VocalTec. ITXC recently closed a $10 million dollar round of venture funding. New investors include Intel, Chase Capital, Spectrum Equity, Flatiron Partners, and Polaris.


    CONTACT:  ITXC Corp
               Mary Evslin, VP of Marketing & Customer Success
               732/940-4333
               mevslin@itxc.com
               www.itxc.com


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