Pingo Takes PrePaid International Calling Card Service Global

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iBasis expands prepaid calling card service to enable Pingo customers to save on calls placed from foreign countries including Mexico, Canada, and Russia.

Pingo™, the prepaid calling card service of iBasis (OTCBB: IBAS), now has Pingo International Access. This new feature of the popular web-based prepaid calling service will enable subscribers and their friends and family members to take advantage of Pingo’s low prepaid international calling rates even when calling from outside the United States.

Pingo International Access numbers are currently available in nine countries: Mexico, Canada, Israel, Russia, Poland, Colombia, the Netherlands, Australia, and New Zealand. Pingo subscribers can now make international calls even when outside the U.S. from both landline and mobile phones in these countries simply by dialing local Pingo access numbers. Pingo subscribers can use the International Access service when traveling, as well as to share their Pingo account with friends and family in those countries.

“The Pingo Calling Card Service has great international rates, no hidden fees and is loaded with convenience features. Many customers have requested international access for their Pingo Calling Card Accounts, and we’re pleased to respond with the delivery of this service,” said Ofer Gneezy, president and CEO of iBasis. “This initial list of nine countries is only the beginning of Pingo International Access. Leveraging the iBasis global VoIP network, we’ll be expanding this service as we continue to increase the reasons that Pingo is the last calling card you’ll ever need.”

Pingo takes advantage of the iBasis global VoIP network to enable consumers to purchase directly the same high quality prepaid long distance calling service the company provides on a wholesale basis to its large carrier customers. The iBasis Network™ carried more than 3.5 billion minutes of international calls during the first half of 2005.

About Pingo

Pingo offers consumers high quality prepaid international calling services. Pingo customers save on calls to and from both landline and mobile phones. Mobile phone users in particular can save as much as 90% on international calls by using Pingo’s toll-free access and lower rates on international calls. Minutes can be purchased using credit cards and debit cards at http://www.pingo.com. New customers begin saving immediately with a sign-up bonus of $5 worth of free calling and can receive additional $5 credits by successfully referring their friends to the Pingo service. Pingo leverages the iBasis global VoIP network, which includes direct connections to more than 100 countries worldwide and interconnections with more than 280 carrier customers.

About iBasis

Founded in 1996, iBasis (OTCBB: 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 http://www.pingo.com and disposable prepaid calling cards, which are sold through major distributors and available at retail stores throughout the U.S. iBasis customers include many of the largest telecommunications carriers in the world, including AT&T, Cable & Wireless, China Mobile, China Unicom, MCI, Sprint, Skype, and Telefonica. iBasis carried approximately 5 billion minutes of international voice over IP (VoIP) traffic in 2004, and is one of the ten largest carriers of international voice traffic in the world . For four consecutive years service providers named iBasis the best international wholesale carrier in ATLANTIC-ACM’s annual International Wholesale Carrier Report Card . iBasis was also ranked among the fastest-growing technology companies in New England in the 2002, 2003, and 2004 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 http://www.ibasis.com.

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Chris Ward
Pingo
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