Released on = April 12, 2006, 10:01 am

Press Release Author = Chris Ward

Industry = Telecommunications

Press Release Summary = Company Continues to Internationalize Web-based 'Virtual
International Calling Card' Phone Calls, Adding PayPal Support to Access in 35
Countries

Press Release Body = iBasis, the global VoIP companyT, today announced that Pingo
(http://www.pingo.com), its international prepaid calling card phone service now
accepts payments via PayPal, a global leader in online payment solutions. This
enables consumers in 32 countries including the United States to purchase Pingo
international prepaid calling card phone accounts. Previously, Pingo only accepted
U.S.-based credit cards.

"Adding PayPal support is a significant step in our program to internationalize our
Pingo service. It enables consumers in the 31 countries outside the U.S. where both
Pingo access numbers and PayPal are available to save on their international calls
with Pingo just as our U.S.-based customers do," said Ofer Gneezy, president and CEO
of iBasis. "In the coming months we expect to roll out additional enhancements,
including support for multiple languages, currencies, and country-specific sites and
promotions that will deliver an excellent customer experience and fuel overseas
customer growth for Pingo."

By offering access numbers in 35 countries Pingo has provided its U.S.-based
customers convenient savings on international calls even when traveling overseas.
Now, consumers residing in 31 of those countries, including all of Western Europe,
China, Japan, Mexico, and Canada, can take advantage of the same convenience and
cost savings as Pingo's U.S. customers by purchasing Pingo accounts directly using
PayPal. Both iBasis and Pingo international prepaid calling card customers also
benefit from the added assurance of PayPal's proprietary fraud protection systems.
The PayPal service, which recently surpassed 100 million user accounts in 55 markets
around the world, processed more than $27 billion in total payments.

About Pingo

Pingo offers consumers in 35 countries high quality long distance phone card service
on a prepaid basis. Pingo customers save on calls to and from both landline and
mobile phones. Mobile phone users in particular can save as much as 90% on
international calls by using Pingo's toll-free access and lower rates on
international calls. Minutes can be purchased using credit cards, debit cards, and
now with PayPal at www.pingo.com. New customers begin saving immediately with a
sign-up bonus of $5 worth of free calling and can receive additional $5 credits by
successfully referring their friends to the Pingo service. Pingo can also be used
to save on calls from 34 countries outside the U.S., including Canada, Japan,
Germany, Mexico, Russia, and the U.K.

About PayPal

Founded in 1998, PayPal, an eBay company, enables any individual or business with an
email address to send and receive payments online securely, easily and quickly.
PayPal\'s service builds on the existing financial infrastructure of bank accounts
and credit cards and uses one of the world\'s most advanced proprietary fraud
prevention systems to create a safe, global, real-time payment solution. PayPal has
more than 100 million accounts and is available to users in 55 markets around the
world. More information about the company can be found at https://www.paypal.com.

About iBasis

Founded in 1996, iBasis (OTCBB: IBAS) is a leading wholesale carrier of
international long distance telephone calls and a provider of retail prepaid calling
services, including the Pingo® web-based offering (http://www.pingo.com) and
disposable calling cards, which are sold through major distributors and available at
retail stores throughout the U.S. iBasis customers include many of the largest
telecommunications carriers in the world, including AT&T, Cable & Wireless, China
Mobile, China Unicom, MCI, Sprint, Skype, and Telefonica. iBasis carried
approximately 8 billion minutes of international voice over IP (VoIP) traffic in
2005, and is one of the ten largest carriers of international voice traffic in the
world. For four consecutive years service providers named iBasis the best
international wholesale carrier in ATLANTIC-ACM's annual International Wholesale
Carrier Report Card . iBasis was also ranked among the fastest-growing technology
companies in New England in the 2002, 2003, and 2004 Technology Fast 50 programs
sponsored by Deloitte & Touche. The Company can be reached at its worldwide
headquarters in Burlington, Massachusetts, USA at 781-505-7500 or on the Internet at
http://www.ibasis.com.


Web Site = http://www.pingo.com/affiliates

Contact Details = Contacts:

Media:

Chris Ward
iBasis, Inc.
781-505-7557
cward@ibasis.net

Investors:

Richard Tennant
iBasis, Inc.
781-505-7409
ir@ibasis.net