AppworX Open Communications Platform Recognized for Outstanding Innovation

SAN MATEO, Calif. -- January 19, 2009 -- IntelePeer Inc., a leader in hosted on-demand rich media communications, today announced that Technology Marketing Corporation’s (TMC®) INTERNET TELEPHONY magazine (www.itmag.com) has named AppworX^TM as a recipient of its 2008 Product of the Year Award. 

"This recognition by INTERNET TELEPHONY illustrates the value and appeal of our innovative hosted voice and rich media services platform," said Frank Fawzi, IntelePeer CEO and chairman of the board. "This award confirms our company’s mission: to provide a unique way for our customers to create high-quality voice and other rich media services which will help them to boost productivity while reducing operational expenses and minimize the need for up-front capital costs."   

IntelePeer’s AppworX open communications platform and voice peering grid network gives application developers the ability to develop carrier-grade, interactive voice, video, SMS, data and other rich media services. A Communications-as-a-Service (CaaS) offering, IntelePeer AppworX is ideal for increasing collaboration among business application users, fostering closer connections with customers and introducing communications-enabled business processes that drive efficiency and deliver cost savings. IntelePeer combines the best of Web 2.0 and Voice 2.0 technologies with the company’s own carrier-grade telecommunications voice peering network. Worldwide reach is achieved through IntelePeer’s redundant network peering grid infrastructure and its direct connections with more than 50 service providers around the globe.

"INTERNET TELEPHONY is pleased to grant a 2008 Product of the Year Award to IntelePeerfor the AppworX platform.   IntelePeer has proven they are committed to quality and excellence while addressing real needs in the marketplace," said Rich Tehrani, TMC president and editor-in-chief, INTERNET TELEPHONY magazine.  "We’re proud to honor their accomplishments in the advancement of IP communications and look forward to more innovative solutions from them in the future."

A full list of Product of the Year winners will be published in the February, 2009 issue of INTERNET TELEPHONY magazine, (www.itmag.com).  INTERNET TELEPHONY has been the authority in IP communication since 1998™.

For more information about TMC, please visit www.tmcnet.com.

About IntelePeer

IntelePeer, www.IntelePeer.com, a leader in hosted on-demand rich media communications, enables carriers, businesses and software vendors to easily deliver voice and multimedia capabilities to any phone or network-connected device -- without incurring up-front capital costs. Through our innovative, communications-as-a-service (CaaS) platform, IntelePeer AppworX™, our SuperRegistry™ and our extensive peering grid, we provide our customers with the platform to offer high-quality interactive voice, video, SMS, data and other rich-media services while providing significant cost savings for their telecommunication expenditures. Through intuitive APIs, Web Services, and brandable widgets and applets, IntelePeer removes the complexity of telecom and opens network functions to mainstream developers who are creating voice-Web "mashups" and communications-enabled business processes embedded into enterprise, webcasting, social networking, entertainment and e-commerce applications. Business professionals who use customer relationship management (CRM) software and common desktop applications such as calendaring and contact management also rely on us for instant access to bridge-to-services, voice blast, video blast, text-to-speech, conferencing and other features that enable communications-enhanced business processes that drive efficiency and deliver cost savings. Based in San Mateo, Calif., we operate our own carrier-grade network carrying more than 6 billion minutes, with worldwide coverage delivered through an IP and TDM peering grid with over 50 leading service provider peering partners. IntelePeer is privately held and is backed by venture capital firms VantagePoint Venture Partners, Kennet Venture Partners, NorthCap Partners and EDF Ventures.

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IntelePeer, IntelePeer AppworX and SuperRegistry are trademarks of IntelePeer, Inc. All rights reserved worldwide. Other trademarks referenced are the property of their respective owners.

About INTERNET TELEPHONY magazine

INTERNET TELEPHONY has been the IP Communications Authority since 1998™. Beginning with the first issue in February of 1998, INTERNET TELEPHONY magazine has been providing unbiased views of the complicated converged communications space.  INTERNET TELEPHONY offers rich content from solutions-focused editorial content to reviews on products and services from TMC Labs.  INTERNET TELEPHONY magazine reaches more than 225,000 readers, including pass-along readers.  For more information, please visit www.itmag.com.

About TMC

Technology Marketing Corporation (TMC) is an integrated global media company helping our clients build communities in print, in person and online.  TMC publishes Customer Interaction Solutions, INTERNET TELEPHONY, Unified Communications, and NGN Magazine.  TMC is also the first publisher to test new products in its own on-site laboratories, TMC Labs.  TMCnet, TMC's Web site, is the leading source of news and articles for the communications and technology industries. TMCnet is read by three million unique visitors each month worldwide, according to Webtrends. In addition, TMC produces INTERNET TELEPHONY Conference & EXPO and Communications Developer Conference.

For more information about TMC, visit www.tmcnet.com.

Contacts:

IntelePeer PR Contact:                                                                                           

Scott VanSickle

The Hoffman Agency

(408) 975-3084

svansickle@hoffman.com

TMC Contact:                                                                       

Jan Pierret

Marketing Manager

203-852-6800, ext. 228                                                          

jpierret@tmcnet.com