Message #59 From:
Stock News Bot Date: March 1, 2007 06:46:00 AM
IBAS News iBasis CEO to Discuss Evolution of Global Communications at Conferences in Russia, Hong Kong, and India
BURLINGTON, Mass.--(BUSINESS WIRE)--iBasis, Inc. (NASDAQ: IBAS), the global VoIP company, today announced that company President and CEO Ofer Gneezy will be a featured speaker at major communications industry conferences in Russia, Hong Kong, and India over the next three weeks. Mr. Gneezy will discuss the major changes taking place in international telecommunications as new voice services –“Voice 2.0”– are delivered by a new generation of providers –“Telco 2.0”.
Telecom World Russia & CIS takes place February 27 – March 1 in Moscow and will bring together decision makers from leading fixed operators, mobile operators, ISPs, other service providers, as well as regulatory officials from Russia and CIS countries. Mr. Gneezy’s will give a keynote address on March 1 on the impact of VoIP. For more information visit http://www.terrapinn.com/2007/twr/index.stm.
Carriers World Asia will take place March 13 – 15 in Hong Kong. Mr. Gneezy will present on Tuesday, March 13. For more information visit http://www.terrapinn.com/2007/cwa%5Fhk/.
Convergence India 2007 will be held in New Delhi on March 20 – 22. This conference attracts senior executives from companies in telecom, mobility, broadcast, cable and satellite industries. Mr. Gneezy will present on the morning of March 21st. For more information visit http://www.convergenceindia.org/ci2k7-conf.html.
About iBasis
Founded in 1996, iBasis (NASDAQ: IBAS) is a leading wholesale carrier of international long distance telephone calls and a provider of retail prepaid calling services, including the Pingo® web-based offering (www.pingo.com) and disposable calling cards that are sold through major distributors and available at retail stores throughout the U.S. iBasis customers include many of the largest telecommunications carriers, including AT&T, Verizon, China Mobile, China Unicom, IDT, Qwest, Skype, Telecom Italia, and Telefonica. iBasis carried more than 11 billion minutes of international voice over IP (VoIP) traffic in 2006, and is one of the largest carriers of international voice traffic in the world1. 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.
iBasis and Pingo are registered marks, The iBasis Network, PremiumCertified, and the global VoIP company are a trademarks of iBasis, Inc. All other trademarks are the property of their respective owners.
Except for historical information, all of the expectations, plans and assumptions contained in the foregoing press release constitute forward-looking statements under Section 21E of the Securities Exchange Act of 1934 and involve risks and uncertainties. Important factors that could cause actual results to differ materially from such forward-looking statements include, but are not limited to, (i) the Company's ability to execute its business plan; (ii) the extent of adoption of the Company's services and the timing and amount of revenue and gross profit generated by these services; (iii) fluctuations in the market for and pricing of these services; (iv) the other factors described in the Company's Quarterly Report on Form 10-Q for its most recently completed fiscal quarter and Annual Report on Form 10-K for its most recently completed fiscal year all of which are available at http://www.sec.gov. Such forward-looking statements are only as of the date they are made, and we have no current intention to update any forward-looking statements.
1 Telegeography 2007 data compared with iBasis 2006 traffic volume.
