NetVoice Deploys Cisco's Newest Products and Solutions.

Business Editors & High-Tech Writers

DALLAS--(BUSINESS WIRE)--July 12, 2000

NetVoice's Next Generation IP-based (VPN) Virtual Private Network,

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NetVoice Technologies Corp., (Pink Sheets:NTVT) a national leading provider of IP telephony communication solutions today announced that it had secured a loan facility of $25MM from Cisco Systems Capital, (Nasdaq:CSCO), to finance the continued deployment of Cisco products across the NetVoice's privately-managed, Cisco Powered Network (CPN).

Based on a highly scalable and reliable IP infrastructure, NetVoice has engineered its architecture to deliver converged communications services utilizing a privately managed "next generation" communications network. The Company's communications network is designed to carry simultaneous toll-quality voice (known as Voice over Internet Protocol or VoIP), data and video transmissions using packet-switching technology.

Cisco Systems is the worldwide leader in networking for the Internet. "We believe that Cisco is leading the world in the development of IP related technology," said Garth Cook, CFO of NetVoice. "We intend to build a solid foundation to our network, utilizing what we feel are the most advanced products on the market."

NetVoice currently deploys a number of products to facilitate its VoIP Network utilizing 2924 Ethernet switches, 2610, 3640, 7206 & 7513 routers, 7246 UBR, 3640 gateways and 5300 servers. Cisco Powered Network designated service providers are committed to maintaining the highest levels of network quality by building their services with Cisco solutions. Through this alliance Cisco will also provide NetVoice with business consulting, technology training and support. NetVoice also participates in the Cisco Powered Network Program, a joint marketing program between Cisco and network service providers.

About NetVoice

NetVoice utilizes a Cisco (Nasdaq:CSCO) Powered Network (CPN) that employs packet-switching technology to break voice, text and video services into data packets and routes them over a virtual private network ("VPN") utilizing Level 3 Communications, Inc. (Nasdaq:LVLT) backbone. NetVoice has begun executing the deployment of a Cisco Powered Wireless Broadband Point to-Multipoint Network to offer a wireless last mile solution. Cisco Systems, Inc. (Nasdaq:CSCO), 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. Synetric (www.synetric.com) is a wholly owned subsidiary of NetVoice Technologies Corporation. Synetric is a Premier Certified Partner and Direct Value-Added Reseller for Cisco and is certified as a Cisco Advanced Technology partner. Most recently the Internet Communications Software Group (ICSG) Award was bestowed. The NetVoice browser is now available for downloading at www.netvoice.com. This advanced, graphical; communication browser allows for free PC-to-PC long distance phones calls.

About Synetric

Synetric, Inc. a division of NetVoice Technologies Corp (Pink Sheets:NTVT), is a Cisco Advanced Technology Partner specializing in the consulting, deployment and support of Cisco IP Telephony solutions. Synetric has also recently signed a contract with Cisco Systems to install and integrate Cisco's Internet Communications Software solutions such as Integrated Contact Manager, an IP Call Center; as well as uONE, a Unified Communications platform. Synetric is organized into three lines of business - Enterprise Sales, Internet Applications, and IP Syntrex. The Internet revolution drives a whole new paradigm for business which requires that voice, video, and data be converged and available. The need for instant information has changed the role of telephones, computers, and Personal Data devices from specific use devices to network access devices. Synetric is a leader in helping customers realize the potential for utilizing network appliances and to help business communicate more efficiently both internally and with its customer and partners. Synetric has achieved the Premier Partner status.

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.