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Cariaccess Communications to Introduce VoIP Service to Islands of the Caribbean Using i2Telecom's VoiceStick-TM- Softphone

Posted on: Tuesday, 22 March 2005, 09:00 CST

Customers throughout the Eastern Caribbean can now sign up for i2Telecom Internet phone service

i2Telecom International, Inc. (OTCBB: ITUI), an emerging leader in voice/data communications technology for the Internet, including Voice over Internet Protocol (VoIP) services, today announced that its patent-pending VoiceStick(TM) has been selected as the exclusive device for the provision of Internet phone service to the customers of Cariaccess Communications. High-speed Internet subscribers in countries throughout the Eastern Caribbean, including Barbados, Dominica, St. Lucia, St. Vincent & the Grenadines and Trinidad & Tobago, can now sign up for VoiceStick(TM) service through VoIP-licensed Cariaccess Communications (St. Vincent) Ltd. Cariaccess Communications is the pre-eminent local "telecom startup" in the Southern Caribbean, with over 2,500 customers and offices in Barbados, Dominica, St. Lucia and St. Vincent & the Grenadines.

By the end of 2005, Cariaccess and i2Telecom plan to effectively build an alternative and competitive communications network for Internet voice and data transmission throughout the region that is interlinked with all major markets in North America, Europe and Asia.

"Cost-effective telecommunications networks are widely regarded as being of critical importance if the people and nations of the Caribbean are to be competitive in the world economy during the 21st Century," commented Paul Arena, chairman and chief executive officer of i2Telecom International, Inc. "We are delighted to partner with such an innovative company as Cariaccess Communications, which is committed to bringing the benefits of VoIP technology to consumers and businesses that currently pay some of the highest long-distance telephone rates in the world."

"This region of the world provides a unique opportunity to pilot VoIP technology due to its relative remoteness and a telecommunications pricing structure that is currently prohibitive for consumers and many businesses in the area," stated Anthony Gunn, managing director of Cariaccess Communications. "Residents of these islands frequently go for months without talking to family and friends on other islands or in the States, due to exorbitant pricing for traditional telecommunications services. The road to telecom deregulation is never easy and is fraught with many obstacles, and we recognize that that strength will lie in numbers as more and more telecom services are deregulated. We are very excited about this partnership and the opportunities that can be provided to our customers by this less expensive yet highly innovative technology."

About Cariaccess Communications, Inc.

Cariaccess Communications offers customers in the Caribbean a suite of telecom products and services, including web-based Internet access, AVAYA PBX systems and other communication services, along with i2Telecom's new award-winning VoiceStick softphone. For additional information visit www.cariaccess.com.

About i2Telecom International, Inc.

i2Telecom International, Inc. (OTCBB: ITUI) is a low-cost telecommunications service provider employing next generation Voice over Internet Protocol ("VoIP") technology with operations based in Atlanta, Georgia; Redwood City, California; and Beijing, China. The Company controls its own proprietary technology and uses a combination of its own network and the Internet to deliver high-quality phone calls. i2Telecom International provides microgateway adapters (InternetTalker(TM), VoiceStick(TM)), VoIP long distance and other enhanced communication services to subscribers, and its proprietary technology platform is built to the Session Initiation Protocol ("SIP") standard. i2Telecom International's revenue model is multi-faceted and includes prepaid revenue from the sale of its integrated access devices, recurring monthly subscriptions, call minute termination fees and original equipment manufacturer royalties. For additional information visit www.i2telecom.com.

SAFE HARBOR Statement Under the Private Securities Litigation Reform Act. With the exception of the historical information contained in this release, the matters described herein contain forward-looking statements that involve risk and uncertainties that may individually or mutually impact the matters herein described, including, but not limited to, product acceptance, economic, competitive, governmental, results of litigation, technological and/or other factors which are outside the control of the company. Actual results and developments may differ materially from those contemplated by these statements depending on such factors as changes in general economic conditions and financial or equity markets, technological changes, and other business risk factors. i2Telecom does not assume, and expressly disclaims, any obligation to update these forward-looking statements.

Source: Business Wire

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