(NTAP) NetVoice Announces the Acquisition of Synetric Inc.

Business Editors

DALLAS--(BUSINESS WIRE)--April 4, 2000

NetVoice Technologies Inc. (Pink Sheets:NTVT) an emerging player in the VoIP industry, is pleased to announce that a letter of intent has been signed for the acquisition of Synetric Inc.

Synetric Inc. is a networking convergence company dedicated to integrating voice and data networks.

Synetric Inc., is a member of the Cisco Advanced Technology partners program chosen along with 20 other providers from over 15,000 applicants. Synetric was chosen based on their installed customer base, their demonstrated ability to support the customer and their designed implementation support. The current ISO 9000 auditors independently audited the selection process. The management team has over 60 years of combined experience in data and telcom. As a full service enterprise network integrator, the company offers a complete package of networking services, including local and wide area design, project management, systems integration, hardware, software and maintenance contracts.

NetVoice will benefit from the merger by utilizing Synetric as the professional services arm of the company to deploy the implementation of converged voice and data, unified messaging and IP telephones into the enterprise market.

"The expertise and experience gained as a result of this merger will allow us to move more quickly into the full service VoIP telephony business," said Jeff Rothell, President and CEO of NetVoice. "With Synetric on board, not only will we be in the position to further capitalize on our own relationship with Cisco but we will also be better positioned to develop and deploy new product offerings for our customers."

"What the PC was to the 80's and the router was to the 90's, IP telephony is to the new millennium," said John C'de Baca, President of Synetric, Inc. "Since our inception in 1998, we've been approached with four separate acquisition opportunities. We've turned them all down due to a lack of shared vision. We chose NetVoice due to our common destiny -- VoIP and all that it enables."

Synetric consists of 8 full time employees with a network of contract labor consisting of over 75 experienced integrators across the globe. Synetric has completed extensive projects across the U.S. as well as in Mexico, Greece, Germany, Canada and other international locations. Bios for the current Synetric management team are as follows:

Synetric Core Team

John C'de Baca, President of Synetric Inc., has over 14 years of experience in the computer and computer networking industry. John began his career with IBM in 1985 and held numerous technical positions in California, New York, and Texas. In 1991, John became the Technical Services Manager for the U.S. Subsidiary of Canadian Occidental Petroleum. His duties included network operations for both onshore and offshore Gulf of Mexico services. In 1995, John started JC Interconnect, which focused on providing networking solutions to national and international petroleum ventures. In 1998, John was a co-founder of Synetric, Inc., a professional services organization dedicated to promoting and developing business solutions using IP Telephony. His duties include working with customers to identify revenue opportunities derived from deploying IP Telephony solutions, as well as assisting customers with the integration of IP Telephony solutions and existing legacy telecommunications equipment.

Doug Working, Senior Technical Architect brings over 22 years of experience in the telecommunications applications development industry. Doug has developed and deployed applications platforms such as CTI middleware from Forte and Call Centers from InterVoice and Cordiant for customers such as Avental de Mexico, Canadian Tire, and Thomas Cook. Doug was a member of MCI/SystemHouse's elite Delta Team that specialized in data and telecommunications architectures. His past projects include E-Care/Help Desk deployments for Nextel, as well as worldwide Follow Me Functional Call Centers for Thomas Cook. Doug has been certified in or has become expert in many traditional PBX platforms such as the Lucent G3 and the Nortel Meridian. Doug has also worked with other switches from Ericsson, Oryx, and the Nortel DMS 500. Current projects include developing and deploying Unified Messaging and Call Centers for CLECs on the West Coast as well as E-Care opportunities for local ISP/ASP customers.

Joel Hutton, Director of Technical Services has been designing and deploying data networks since 1995. He started a networking services company in 1996 to provide LAN services to small business customers. After achieving MCSE certification in 1996, Joel went to work with an AS400 consulting and services company to develop a new data networking services division. He worked on several migration and integration projects to tie existing AS400 servers into the world of Ethernet, WANs and TCP/IP. Joel co-founded Synetric, Inc. in 1998 to develop a converged network offering that would allow customers to deploy IP Telephony. To date, Joel has designed and deployed several IP Telephony systems based on the Cisco/Selsius CallManager platform and associated hardware and third-party applications. These systems have been deployed in conjunction with existing PBXes from vendors such as Mitel and Rolm and as turnkey, stand-alone telephone systems. Joel has achieved the following certifications: MCSE (Microsoft Certified System Engineer), CCNA (Cisco Certificate Network Association) and CCDA (Cisco Certificate Design Association).

Bryan Cochran, Senior Telephony Integration Engineer was one of the original employees of Selsius Systems, Inc., the developer of the CallManager software. He provided installation and support services internally and to end-users on the software and associated hardware platforms. Upon the Cisco acquisition of Selsius Systems, Bryan came to work with Synetric. His history with the Cisco AVVID product is the longest outside of Cisco itself and he has been a tremendous asset to Synetric and its customers. Bryan has been responsible for the successful deployment of each of Synetric's customer IP Telephony systems. He is currently certified as a Sales Expert for Cisco Voice Access Solutions for Systems Engineers and as an Engineer for both the Nokia IntegraX Automated Call Processing System and the Nokia IntegraX Network Telephony Unified Messaging System.

About NetVoice

NetVoice utilizes a Cisco Powered Network (CPN) (Nasdaq:CSCO) that employs packet-switching technology to break voice, text and video services into data packets and routes them over a Virtual Private Network utilizing Level 3 (Nasdaq:LVLT) backbone. LEVEL 3, Cisco Systems, Inc., Global Crossing (Nasdaq:GBLX) and Network Appliance (Nasdaq:NTAP) are NetVoice strategic partners that are shaping the networks our customers utilize today. By owning a proprietary network, NetVoice can offer carrier grade quality with low-latency connections, at substantially lower cost than the traditional circuit-switched carriers.

This news release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve a number of known and unknown risks and uncertainties that may cause the company's actual results or outcomes to be materially different from those anticipated and discussed herein. These include the company's historic lack of profitability, end-use customers' acceptance and actual demand, which may differ significantly from expectations, the need for the company to manage its growth, the need to raise funds for operations, and other risks associated with the regulation of the Internet and the telecommunications industry.