CORRECTING and REPLACING i2Telecom and StreamCast's Morpheus Global VoIP Solution Now Available

Business Wire, April 20, 2004

Business Editors/High-Tech Writers

CORRECTION...by i2Telecom International, Inc.

BOCA RATON, Fla. and LOS ANGELES--(BUSINESS WIRE)--April 20, 2004

In BW5489 issued April 20, 2004: In Product and Pricing Information, under the "Users can also add optional calling plans" header, first section should read North America 1000 Plan (sted 1,000) - additional $8.00/month (sted $8.95/month). Second section should read North America Unlimited Plan - additional $18.00/month (sted $18.95/month).

The corrected release reads:

I2TELECOM AND STREAMCAST'S MORPHEUS GLOBAL VOIP SOLUTION NOW AVAILABLE

- Two-For-One Product Launch of Morpheus Voicebox Enables Anyone with Broadband to Use Standard Phones to Make Unlimited Free Calls Over the Internet to Other Users Anywhere in the World -

- Users Can Choose From Three Different Low Cost Plans for Making Long Distance Calls to Regular Phones Across the Globe -

i2Telecom International, Inc. (OTCBB:ITUI), an emerging leader in voice data communications technology for the Internet, and StreamCast Networks(TM), Inc., the creators of the popular Morpheus(TM) peer-to-peer file sharing and search software, have "gone live" with their consumer Voice over Internet Protocol (VoIP) offering outlined in February. The "Two-For-One" launch of the Morpheus Voicebox(TM) allows family, friends and colleagues the immediate ability to enjoy free "box to box" calling regardless of where they live or work, and dramatically reduces the cost of long distance calls to standard phones anywhere in the world.

The exclusive global partnership between i2Telecom and StreamCast is the first of its kind between a VoIP company and a peer-to-peer file sharing and search application company.

"Our high-quality and low cost VoIP solution coupled with StreamCast's following of loyal Morpheus users has the potential to accelerate consumer adoption of VoIP well beyond levels seen in our industry to date," said Rick Scherle, Senior Vice President of Marketing for i2Telecom. "Further, our 'Two-For-One' launch of the Morpheus Voicebox means that family, friends and colleagues can immediately sidestep traditional phone companies to make unlimited, high quality free calls to one another no matter how far apart they live or work."

"We are proud to be leading the way in providing millions of Morpheus users with cutting edge technology that changes the way people can use the Internet to communicate," Michael Weiss, CEO of StreamCast Networks, Inc. stated. "Morpheus is bringing together its wide base of tech-savvy users with a practical, efficient and economical way to extend their IP communication capabilities." StreamCast Networks is an established global communications technology company.

"Morpheus' distributed P2P solution, downloaded over 122 million times, revolutionized the way consumers use the Internet on their computer," StreamCast Networks Vice President of Business Development Elizabeth Cowley added. "The Morpheus Voicebox VoIP hardware solution will, likewise, transform the way consumers use the Internet beyond the PC."

i2Telecom's micro-gateway product suite, including the Morpheus Voicebox(TM) and its worldwide network, enable users anywhere to leverage the power of the Internet to dramatically reduce long distance phone costs. i2Telecom's end-to-end VoIP solutions deliver the carrier-class quality demanded by users.

Product and Pricing Information:

-- "Two-For-One" Launch Special effective until May 15, 2004.

-- Buy one Morpheus Voicebox(TM) unit for just $49.95 with

FREE activation - and receive an Instant Email Coupon for

a FREE second Voicebox with FREE activation.

-- Instant Email Coupons for FREE Voiceboxes may be redeemed

by the customer or forwarded to anyone for their use. This

way family, friends or colleagues can get a free Voicebox

and make free Internet calls to each other anywhere in the

world.

-- After May 15, 2004 The Morpheus Voicebox(TM) costs just

$49.95, with a one-time activation fee of only $25 to connect

to i2Telecom's global network.

-- All customers will receive free 24/7 tech support as part of

their service plan.

-- All customers will receive an unconditional 30-day money back

guarantee.

-- Unlimited Global Community calling plan for $6.95/month.

-- Unlimited free calling to other Morpheus Voicebox(TM)

customers anywhere in the world.

-- Calls to all U.S. and Canadian telephones cost only 3.9

cents per minute.

-- Calls to telephones outside of the U.S. and Canada at

rock-bottom international calling rates.

Users can also add optional calling plans:

-- North America 1000 Plan - additional $8.00/month.

-- 1,000 minutes of calls from anywhere in the world to all

U.S. and Canadian telephones for less than 1 cent per

minute! Any additional minutes to the U.S. and Canada cost

just 3.9 cents per minute.

-- Calls to telephones outside of the U.S. and Canada are

billed at rock-bottom international calling rates.

-- North America Unlimited Plan - additional $18.00/month.