Teltran's Voice Over Internet Protocol - VoIP - Service Proclaimed ``Ready to Go''

Business Wire, Feb 2, 1999

NEW YORK--(BUSINESS WIRE)--Feb. 2, 1999--Teltran International Inc. (OTC BB:TLTG) Tuesday announced that it has completed the testing phase of its Teltran VoIP Service (TVS).

"We are extremely pleased that we have completed testing TVS' connectivity, bandwidth and network. We're ready to go out to the carrier and corporate marketplace and have potential customers test and ultimately use what we feel is the finest VoIP service in the industry," said Peter Biagioli, Teltran's vice president of Sales & Marketing.

TVS is an exciting, new Phone-to-Phone Voice over Internet Protocol (VoIP) service that is easy to use, inexpensive, requires no additional equipment and provides PSTN (Public Switched Telephone Network) quality since the PSTN will handle call origination and termination.

Teltran is one of 15 affiliates, covering 23 countries worldwide marketing the VoIP network of OzEmail Interline (www.interline.aust.com). In addition to being an affiliate, Teltran has also acted as a refile hub for the Interline network for the past year. "Getting our affiliates into production are important steps to building out our global Internet telephony infrastructure," stated J.B. Rousselot, Interline's chief executive officer. "We're excited that Teltran has finished its test phase and confident that they will bring many US companies into the network."

The TVS product launch will begin immediately, via in-person contact by Teltran staff and their exclusive reseller and agent network, to the US telecom carrier and corporate marketplace. TVS will give Teltran a clear edge in penetrating the US telecom carrier market as well as large corporate users of domestic and international voice, data and fax traffic. Anticipating a successful product launch, Byron Lerner, Teltran's CEO added: "Teltran fully expects to be signing major usage contracts in the coming months as we enter the marketing phase of TVS' development. We have contacted many potential customers and feel confident that the high quality of our VoIP service will lead to many satisfied customers."

Licensed by the FCC as a global facilities-based common carrier, Teltran offers a full range of telecommunications services including Voice over IP, domestic and international long distance, fax broadcast services, calling card programs and satellite communications.

About OzEmail Interline:

OzEmail Ltd. (Nasdaq:OZEMY) (ASX:OZM) is the leading provider of comprehensive Internet services in Australia. The company's Internet services are designed to meet the different needs of its residential and enterprise customers ranging from low cost dial up to high performance, continuous access services integrating the company's ISDN offering and consulting expertise. OzEmail's Internet telephony business -- Interline -- is a partnership between OzEmail Ltd. (88%) and Ideata Pty Ltd. (12%), an Australian manufacturer of telecommunications equipment. Interline has developed and is operating technology that allows the placement, routing and billing of high quality voice services over the Internet, using existing tone dial phones.

Certain statements made herein that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may differ materially from actual future events or results. The future performance of the company involves risks and uncertainties that could cause actual results to differ markedly from those anticipated by such forward-looking statements. Such risks include but are not limited to the following: a limited operating history for the company; potential fluctuations in operating results; competition; pricing pressure; dependence on third-party suppliers of hardware and software; shortage of modems; dependence on telecommunications carriers; management of growth; limited market; a need for and risks of international expansion; the existence of a new and uncertain market; customer retention issues; rapid technological change; security risks; the risk of system failure; formal licensing and joint marketing agreements; patents and proprietary rights; infringement claims; changes in government regulation; risks associated with providing content including potential liability; dependence on key personnel and need to hire additional qualified personnel; uncertainty of currency exchange rates; need for additional capital; and enforceability of civil liabilities.