INFORMATION-HIGHWAY.COM, INC. TO LAUNCH VOICE OVER IP SERVICE TO 20 U.S. CITIES
For Immediate Release: For Immediate Release: October 12, 1999 Information-Highway.com, Inc. (OTC BB:IHWY) today announced that its Voice Over Internet Protocol (VoIP) beta program has been successfully completed, allowing Information-Highway.com to begin production on its twenty-city rollout program in the USA utilizing Level 3 Communications' (NASDAQ: LVLT) backbone. With Information-Highway.com's VoIP gateway (www.ihwyphone.com) the Company can now offer basic and enhanced voice services over the Internet, including voice enhanced web commerce and interactive multimedia communications.
Chief Information Officer, Cristian Rodriguez states, "the IP telephony market is revolutionizing the telecommunications industry by offering a wide array of new services while lowering infrastructure costs. Voice over IP is changing the information access world by merging voice, data, facsimile, and multimedia capabilities into a single access infrastructure."
John Robertson, President and CEO, states, "Internet Telephony services will capture a conservative 5% of all the long distance calls worldwide by year 2002. The overall market for IP Telephony including services, hardware and software is projected to be US $9 Billion by the year 2003. Frost & Sullivan sees the industry growing from $19 Million in 1996 to over $1.5 Billion by 2001. Extrapolating from the limited subset of data, the Global Internet Glider Technology Group suggests there may be close to a ten-fold annual growth rate in the industry. Information-Highway.com, Inc. intends to capitalize on this enormous growth potential."
The Company has retained Inglenet Software Corp. to complete the production phase of its Voice Over IP project. The completion for production rollout is scheduled for December 15, 1999. Inglenet Software is a software developer of advanced corporate database and network solutions based in Vancouver, B.C. (www.inglenet.com).
Competitors in the market for Voice Over IP include Net2Phone, Inc. (NASDAQ: NTOP), VocalTec Communications, Inc. (NASDAQ: VOCL) and E-Net, Inc. (NASDAQ: ETEL).
About Information-Highway.com, Inc.
Information-Highway.com, Inc. is a leading Internet Service Provider (ISP) engaged in web content development, e-commerce solutions, Internet access and emerging Internet technology. The Company provides dial-up including ADSL fast Internet and dedicated Internet access as well as web site hosting to over 25,000 users.
Information-Highway.com's premiere online service, The Executive Club, is a localized regional Internet portal that can save users vast amounts of time by allowing them to access stock quotes, weather forecasts, community events, online trading, web searches, multicasting, VoIP and shopping - all from one place.
Interested parties may join The Executive Club for free at www.theexecutive.com and can find more information about Information-Highway.com, Inc. on the Company's web site at www.information-highway.com. Information-Highway.com has been featured in Internet Stock News, www.internetstocknews.com, one of the web's leading free publications for Internet stock investors.
CONTACT:
John Robertson
President
john@information-highway.com
1 800 661-6465 or 604-278-5996





