IRVINE, Calif., May 25, 2000 (PRIMEZONE) -- (www.ibchannel.com) - IBC reported today that Priceline.com (Nasdaq:PCLN), announced the launch of a new service using the company's well-known Name Your Own Price(sm) Internet pricing system. Priceline Long Distance, a wholly owned priceline.com subsidiary, is now making it possible for consumers and small businesses to save up to 40% off most standard base rates on their monthly U.S. and international long distance calls when they use the new service.
Priceline Long Distance launched today with a nationwide TV ad campaign featuring William Shatner in his now-familiar role singing the benefits of Name Your Own Price(sm) long distance calling.
Participating with Priceline Long Distance is Net2Phone (Nasdaq:NTOP), the company's anchor IP telephony provider, deltathree.com (Nasdaq:DDDC) and ZeroPlus.com (Nasdaq:ZPLS). Net2Phone signed an agreement to participate in Priceline Long Distance late last year, and signed up more than 10,000 new customers in its successful beta test. ZeroPlus.com and deltathree.com announced their participation in Priceline Long Distance today. In total, the three IP telephony companies account for the majority of all IP telephone calls from the U.S.
About IBC
IBC's flagship business and finance portal, ibchannel.com, is one of the most well known destinations on the Internet. IBChannel.com has aligned with premier media companies including CNBC, Bloomberg, Raging Bull, The Street, and CNN, as well as the highest quality online financial content providers IPO.com, Morningstar, MarketXT, and StockPoint.
IBC Inc.'s business model is an innovative twist on traditional venture capital companies. Similar to Idealabs!, IBC is an e-business development bank that consults, incubates, develops, and grows global emerging growth companies in exchange for equity. IBC provides turnkey operational solutions to deriving revenues and enhancing public awareness for its partners by implementing advertising, marketing, media placement, strategic partnerships, and branding strategies.