NetworkIP Delivers Cost Effective, Flexible Routing Options For Prepaid Customers With Arbinet Enabled(SM) Service Jun 7, 2005 DALLAS (June 7) -- NetworkIP, a leader in stored value solutions, today announced the availability of Arbinet Enabled access and benefits for NetworkIP prepaid customers. Arbinet is the leading electronic market for trading, routing and settling communications capacity. This Arbinet Enabled service gives NetworkIP prepaid customers access to market pricing from 375 carriers connected to Arbinet and new tools for choosing the right combination of price and quality for their prepaid products. NetworkIP customers are able to reduce their cost of service, improve route quality and expand revenues by reaching new markets - without extensive network build out. "Our agreement with Arbinet underscores our commitment to deliver the most competitive and flexible virtual services platform in the industry for companies interested in exploring a service bureau solution," said NetworkIP President Pete Pattullo. "Prepaid providers who transfer their switching and billing to NetworkIP will no longer need to negotiate rates with hundreds of carriers around the world, interconnect them with their platform or switch, and manage routing and rate negotiations." NetworkIP customers can now receive these Arbinet Enabled benefits: Select Sellers Based on Price and Quality: Participating customers are given direct control over the quality and rates they need for their products. The hard card customer can prioritize lowest possible price. Web marketers can prioritize high quality, with rates as a secondary priority. Access to 375 Carriers: NetworkIP's Arbinet Enabled access provides customers access to pricing from 375 carriers around the world who are connected to Arbinet's Exchange Delivery Points in Los Angeles, New York, London, Frankfurt, and Hong Kong. Arbinet EnabledSM access features the most up-to-date rates, based on supply and demand. Transparent, Real Time Pricing: NetworkIP customers can now benefit from Arbinet Enabled market information and pricing, enabling customers to drive more revenue from their prepaid products. NetworkIP was the first in the industry to develop a web-based virtual platform. The company's usage-based model enables prepaid service providers to focus on the management and control of their own products without incurring the cost and distraction of managing their own switch, software and carriers. NetworkIP's Integrated Connections Solution (ICS) technology - a flexible, virtual services network featuring real-time, Web-based tools - enables billions of customer connections each year. NetworkIP's category-leading prepaid products offer companies new ways to connect with their customers and drive revenue. Arbinet Enabled access gives NetworkIP customers the ability to buy from the world's leading electronic market for trading, routing and settling communications capacity. They are able to route based on quality and price using Arbinet's centralized, efficient and liquid marketplace. Arbinet operates a carrier neutral voice transaction and settlement service, processing approximately 1 billion minutes of fixed and mobile traffic for 375 carrier Members monthly. For more information visit www.networkip.net and www.arbinet.com.