iBasis and Golden Telecom Complete VoIP Interconnection for Russian Telecommunications Services
April 20, 2004
iBasis Interoperability with MERA Systems Softswitch Offers Both Companies New Revenue Opportunities
BURLINGTON, MASS. — April 20, 2004 — iBasis, Inc. (OTCBB: IBAS), the leader in Internet-based voice communications, today announced the completion of a direct VoIP interconnection with Golden Telecom, a leading alternative provider of integrated telecommunications and Internet services in major cities of Russia and other countries of the Commonwealth of Independent States (CIS). The interconnection takes advantage of interoperability between iBasis' Cisco Powered Network and Golden Telecom's softswitch from MERA Systems, a rapidly growing Russian provider of creative IP solutions for carriers and service providers.
Interoperability with MERA Systems' VoIP Transit Softswitch (MVTS) expands iBasis' customer base with Golden Telecom and other potential carrier customers that originate international telephone traffic, as well as to terminating partners who wish to add new destinations or supplement existing points of presence to provide greater capacity and geographic coverage.
"With more than 70% of iBasis traffic originating or terminating through direct VoIP interconnections, we have clearly demonstrated our ability to deliver the benefits of high quality international VoIP," said Ofer Gneezy, president and CEO of iBasis. "As more and more carriers, like Golden Telecom, expand VoIP services, we are providing easy interoperability with a variety of proven VoIP platforms. MERA has achieved a strong position in Russia & the CIS countries with many top carriers among MERA's customers. Interoperability with MERA Systems allows more carriers to establish direct VoIP interconnections to the iBasis Network for high quality, cost-effective completion of their international calls. It also enables iBasis to expand our footprint and network capacity in desirable destinations without capital expense."
"As one of the 10 largest carriers of international traffic in the world, iBasis provides MERA customers with a proven international VoIP network that will deliver high quality call completion as well as revenue opportunities through termination of calls from the iBasis Network," said Natalya Korobkova, Marketing Director, MERA Systems, Inc. "By collaborating with major VoIP carriers like iBasis MERA Systems is helping to establish a more seamless multi-vendor VoIP infrastructure, which will drive global telecommunications growth through greater efficiency."
About MERA Systems, Inc.
MERA Systems, Inc. is the forefront supplier of VoIP technologies delivering the functionality and features needed for successful operation of service providers. The MERA solutions offer a powerful combination of efficiency, scalability and affordable price, bringing added value and revenue-generating opportunities to carriers globally.
MERA Systems is a privately owned corporation with offices in Canada and Russia. It has 12 years of experience in international software development and employs over 400 qualified engineers. MERA Systems pioneered the industry of session border controllers by launching a VoIP division in 2001. To date the company is a key provider of highly reliable and cost-effective SBC's, has over 200 customer deployments in 21 countries of the world, and controls 80% of the SBC market in Russia. To learn more, visit us at www.mera-systems.com.
About iBasis
Founded in 1996, iBasis (OTCBB: IBAS) is a leading provider of wholesale international telecommunications services. iBasis is a preferred provider for many of the largest carriers in the world, including AT&T, Cable & Wireless, China Mobile, China Unicom, MCI, Sprint, Telefonica, Telenor, and Telstra. iBasis has carried more than eight billion minutes of international voice traffic over its global Cisco Powered Network™, and is one of the ten largest carriers of international voice traffic in the world1.
In addition to its wholesale international telecommunication services, iBasis provides retail international prepaid calling cards through major calling card distributors. For two consecutive years service providers have named the company the best international wholesale carrier in Atlantic-ACM's annual International Wholesale Carrier Report Card2. iBasis was ranked the #1 fastest-growing technology company in New England in the 2002 and 2003 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.
2 Atlantic-ACM International Wholesale Carrier Report Card — 2002 & 2003.
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