NetworkIP Announces Prepaid Internet Access Solution Mar 23, 2001 NetworkIP (www.networkip.net), an industry leading e.Application Access and Exchange Provider of converged voice and data services, today announced the launch of e.Prepaid Internet. e.Prepaid Internet is an e-mail capable dial-up Internet service sold by distributors through retail supply channels, similar to a prepaid phone card. The product allows the prepaid card distributor to add a prepaid Internet product, critical to their portfolio, with no additional back office or capital investment. This stored value product allows users to expend value as they actually use the service versus traditional Internet service, which charges high monthly fees even if the subscriber does not have any use. NetworkIP has partnered with a Tier One carrier to provide a nationwide infrastructure for prepaid dial-up Internet access using the fastest, most robust backbone in the industry. Local dialed e.Prepaid Internet access covers 90% of the U.S. population. Toll-free access is also available to ensure the remaining 10% of users have access to a clean, fast connection. The product can be sold as a stand-alone card, but a highly demanded reusable mini-CD-ROM is now available to allow ultra-fast, easy loading of the product & key programs. San Diego, CA-based WEBcard Technologies, Inc. will provide the development and content on a miniature CD-ROM for each distributor with private branding to their specifications. The WEBCard CDTM, which is a business card-sized CD-ROM, provides the consumer with the means to an easy-to-use method of delivery to download the dialer and setup e-mail. e.Prepaid Internet is fully integrated with the same Web-based service interfaces as NetworkIP's other superior prepaid services. The distributor controls all service charges, round-ups, and card expiration. Another key feature of this product is that the distributor can also combine e.Prepaid Internet with any combination of NetworkIP prepaid calling cards, long distance, and audio conferencing on the same card, using the same PIN. Multiple products on the same PIN mean greater profit per user, improved retention and larger potential revenue per card. "With our new e.Prepaid Internet product, NetworkIP has delivered a superior Internet solution for computer users including those who are credit-challenged, business travelers, are reluctant to sign up for traditional monthly Internet access or current Internet users who have found they do not use the Internet enough to justify monthly fees," said Pete Pattullo, President and CEO of NetworkIP. "We are the first service provider to offer this unique prepaid solution that allows our customer to combine multiple voice and data services all in one product, using the same PIN!" About NetworkIP Founded in 1997, NetworkIP is an industry leading e.Communications application service provider of enhanced services. The company provides value-added, business-to-business communication services via the Internet to service providers. The company has created the first future-proof, large scale e.Communications network, bringing together the best in class switching, computing hardware, data storage, IP networking, and software development methodology. NetworkIP's platform enables CLECs, ILECs, ISPs, cable companies, municipalities and public utilities, and other businesses to offer broadband voice, data and video services. Current e.Communication products and services offered by NetworkIP include e.Prepaid Calling Cards, e.Prepaid Long Distance, e.Prepaid 1+ Long Distance, e.Prepaid Internet, e.Conferencing and e.Cable. NetworkIP has projected fiscal year 2000 revenues of $200 million.