Wednesday, December 26, 2007

FierceVoIP Names iBasis A VoIP Leader!

BURLINGTON, Mass., Dec 26, 2007 (BUSINESS WIRE) -- iBasis (NASDAQ: IBAS: 5.66, +0.10, +1.79%), the global VoIP company(TM: 108.73, +1.48, +1.37%), today announced that it has been named a VoIP Leader by FierceVoIP, an honor that recognizes the top 10 companies on the cutting-edge of the constantly evolving VoIP industry. Winners are singled out for leading the industry as it explodes beyond service providers and into the fields of enterprise and unified communications.

FierceVoIP is a bi-weekly email newsletter distributed by FierceMarkets that covers news and insights on the emerging VoIP industry, providing more than 35,000 subscribers a quick, authoritative briefing on the week's top VoIP stories marketplace developments.

"iBasis is very well positioned to manage the traffic for the multitude of providers expected to blossom as voice applications are embedded everywhere," said FierceVoIP editor, Tom Burton.

In October 2007 iBasis completed a transaction to acquire KPN Global Carrier Services, the international wholesale voice business of Royal KPN N.V., the national carrier of the Netherlands. The combination makes iBasis one of the three largest carriers of international voice traffic in the world(1) and the first IP-based carrier to break into Telecom's Top Three.

"We are honored to be named a VoIP Leader by FierceVoIP, which is a VoIP industry frontrunner in its own right," said Ofer Gneezy, president and CEO of iBasis. "Our success in leveraging the efficiencies of IP for voice transport has played an important role in positioning iBasis as a powerful platform for the outsourcing of international voice traffic, which we believe will be the next big wave in international telecommunications."

The FierceVoIP "Emerging VoIP Leaders" list celebrates the spirit of being "fierce" - championing innovation and creativity, even in the face of intense competition. The complete list of exceptional companies is available today in a special Web-only issue of FierceVoIP at http://www.fiercevoip.com/story/voip-leaders-2007/2007-12-10.

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