iBasis Reduces Cost of Calls to Central America for its Pingo(R) Prepaid Service Customers

“Pingo (www.pingo.com), the prepaid calling card service of iBasis (OTCBB: IBAS), today announced new lower rates on calls to Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and Panama. Calls to these destinations comprise more than 5% of all international calls from the U.S.

The reductions are the result of RateWatcher, a feature of Pingo that actively searches for opportunities to reduce costs and pass the savings along to Pingo phone card subscribers. RateWatcher is just one of the features that makes Pingo “the last calling card you’ll ever need(TM)”. With RateWatcher, Pingo calling card customers benefit from the worldwide buying power of iBasis, one of the ten largest carriers of international telephone calls in the world. “

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