Net2Phone Inc 520 Broad Street Newark, NJ 07102 Phone: (973) 438-3111 Email: investor@net2phone.com Web Site: http://www.net2phone.com/ DETAILS Sector: Services Industry: Communications Services Employees (last reported count): 241 MULTEX ABRIDGED BUSINESS SUMMARY Net2Phone, Inc. is a provider of voice and enhanced telecommunication services throughout the world, including cable telephony services. It utilizes Voice over Internet Protocol (VoIP) technology to transmit digital voice communications over managed data networks and the Internet. Effective August 1, 2003, the Company changed its corporate structure, creating two wholly owned subsidiaries, Net2Phone Global Services and Net2Phone Cable Telephony. Net2Phone Global Services delivers VoIP telephone services to businesses and consumers directly and through its global distribution network of over 450 resellers in over 130 countries, capitalizing on the growth, quality, flexibility and cost advantages of VoIP technologies. Net2Phone Cable Telephony offers cable operators a complete suite of services enabling them to deliver to their customers residential telephone service having comparable quality, features and functionality to that offered by traditional telephone companies.