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iBasis CEO to Present at Needham Growth Stock Conference


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Published in Science and Technology on Monday, January 5th 2009 at 14:24 GMT, Last Modified on 2009-01-05 14:25:23 by Market Wire   Print publication without navigation


BURLINGTON, Mass.--([ BUSINESS WIRE ])--iBasis, Inc. (NASDAQ: IBAS), a KPN affiliate, today announced that company President and CEO Ofer Gneezy will present at the 11th Annual Needham Growth Stock Conference on Tuesday, January 6th in New York.

Mr. Gneezy will provide an update on the progress of iBasis' business and discuss the Company's strategy for the future. Mr. Gneezy's presentation will begin at 3:30 p.m. EST on Tuesday, January 6 and will posted on the iBasis investor relations website at [ http://investor.ibasis.com ]. A webcast of the presentation will be accessible both live and archived on the iBasis investor relations site on January 6th.

About the Conference

The 11th Annual Needham Growth Stock Conference will be held January 6 – 8, 2009 at the New York Palace Hotel, 455 Madison Avenue, New York, NY 10022. The conference is open to Needham & Company, LLC clients only, by invitation only.

About iBasis

Founded in 1996, iBasis (NASDAQ: IBAS) is a leading wholesale carrier of international long distance telephone calls and a provider of retail prepaid calling services and enhanced services for mobile operators. iBasis customers include KPN, KPN Mobile, E-Plus, BASE, and many other large telecommunications carriers such as Verizon, Vodafone, China Mobile, China Unicom, IDT, Qwest, Skype, Telecom Italia, Telefonica, and Yahoo. In October 2007, iBasis acquired KPN Global Carrier Services to create one of the three largest carriers of international voice traffic in the world, and KPN became a majority stockholder of iBasis. On a pro forma basis, the combined company carried approximately 24 billion minutes of international voice traffic in 2007. The Company can be reached at its worldwide headquarters in Burlington, Mass., USA at +1 781-505-7500 or on the Internet at [ www.ibasis.com ].

iBasis is a registered trademark of iBasis, Inc. All other trademarks are the property of their respective owners.

Except for historical information, all of the statements contained in the foregoing press release constitute forward-looking statements under Section 21E of the Securities Exchange Act of 1934 and involve risks and uncertainties. Examples of forward-looking statements include, but are not limited to, statements regarding our beliefs, expectations, plans and assumptions. Important factors that could cause actual results to differ materially from such forward-looking statements include, but are not limited to the factors described in the Company's most recent Annual Report on Form 10-K and other periodic and current reports, all of which are available at [ www.sec.gov ]. Such forward-looking statements are only as of the date they are made, and we have no current intention to update any forward-looking statements.


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