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iBasis TruePrompts™ Progam Promotes Consumer Trust in Prepaid Calling Cards

BURLINGTON, MASS. - October 9, 2007 -iBasis, Inc. (NASDAQ: IBAS), the global VoIP company, today announced the launch of its TruePrompts™; campaign, a nationwide program that guarantees that customers can receive exactly the minutes announced or "prompted" at the beginning of each call placed using any iBasis TruePrompts calling card.

With TruePrompts, iBasis is reinforcing consumer trust in the company's prepaid calling cards, which are sold through leading distributors in retail outlets nationwide. All iBasis prepaid calling card products throughout the United States now feature TruePrompts, which is easily identified by the bright yellow and green logo on all cards, posters and other point-of-sale materials.

As one of the largest carriers of international phone calls in the world, iBasis is committed to growing its retail calling card business through the continued support of its extensive distributor network. The TruePrompts campaign will help build consumers' confidence in the true value of their cards by delivering the minutes prompted.

"A very large portion of international calls from the United States are placed using prepaid calling services, including iBasis retail calling cards," said Ofer Gneezy, president and CEO of iBasis. "TruePrompts reflects our commitment to providing international calling service that consumers can count on for high quality service and honest value."

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 and enhanced services for mobile operators. iBasis customers include KPN, KPN Mobile, e-plus, BASE, and many other large telecommunications carriers such as AT&T, Verizon, Vodafone, China Mobile, China Unicom, IDT, Qwest, Skype, Telecom Italia, and Telefonica. In October 2007, iBasis acquired KPN Global Carrier Services to create one of the three largest carriers of international voice traffic in the world, and KPN became a majority stockholder of iBasis. On a pro forma basis, the combined company carried more than 20 billion minutes of international voice over IP (VoIP) traffic in 2006. The Company can be reached at its worldwide headquarters in Burlington, Mass., USA at +1 781-505-7500 or on the Internet at www.ibasis.com.

 

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