i2TELECOM™ AND STREAMCAST's MORPHEUS™ FORGE
VoIP GLOBAL PARTNERSHIP

Exclusive Worldwide Partnership Brings i2Telecom's VoIP Technology Within Reach for Millions of Tech-Savvy Morpheus Users
Morpheus InternetTalker™ Marks Bold Move into Consumer Marketplace to Dramatically Reduce Long Distance Phone Costs Using Standard Telephones
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BOCA RATON, FLORIDA and LOS ANGELES, CALIFORNIA , February 17, 2004 -- i2Telecom International, Inc., a provider of voice data communications technology for the Internet, and StreamCast Networks™, Inc., the creators of the popular MorpheusTM peer-to-peer file-sharing software, have entered into an exclusive global partnership that will propel both companies into the exploding consumer telephone Voice over Internet Protocol (VoIP) marketplace. The arrangement is the first of its kind and brings tremendous benefits to consumers by dramatically reducing long distance phone costs. For i2Telecom, the deal opens a wide channel to millions of Internet-savvy users who are proven early adopters of technology and for StreamCast Networks, the deal gives them first-mover status into VoIP for file-sharing clients and continues its drive to provide valuable communications tools to millions of users. Morpheus is available as a free download at www.morpheus.com.

"Today marks a new beginning for the consumer VoIP marketplace," declared Paul Arena, CEO of i2Telecom. "Our high-quality and very affordable VoIP technology coupled with StreamCast's gigantic following of Morpheus users, has the potential to accelerate the adoption of VoIP beyond anything seen in our industry to date," he said. i2Telecom's micro-gateway product suite, including the Morpheus InternetTalker™ and its worldwide network, enable Internet users anywhere to leverage the power of the Internet to dramatically reduce long distance phone costs. i2Telecom's end-to-end VoIP solutions deliver carrier-class quality demanded by users.

"This is a giant first step by our company into VoIP and furthers our strategy of melding the users of disparate P2P networks into one global community," stated Michael Weiss, Chief Executive Officer of StreamCast Networks. "Once again we are leading the way in providing millions of Morpheus users with cutting edge technology that changes the way people can use the Internet to communicate," Weiss explained. StreamCast Networks is a global communications technology company that has revolutionized Internet-based digital media and information distribution. To date, users have downloaded over 120 million copies of the Morpheus peer-to-peer file-sharing software.

Earlier this month, StreamCast Networks released Morpheus 4, a radically-enhanced new version of the application including early access to the new proprietary NEOnetTM technology platform. Users of Morpheus 4 enjoy finding more content than ever before with simultaneous connectivity to users of Kazaa, iMESH, eDonkey, Overnet, Grokster, LimeWire, Gnutella, G2 and others, all through one single "super" application, truly uniting the millions of worldwide peer-to-peer users.

i2Telecom's VoIP technology and network provides free unlimited peer-to-peer calling between subscribers and enables users to easily make high-quality, worldwide phone calls over the Internet at a fraction of the cost of traditional phone company rates. Additionally, the "plug and run" technology is incredibly easy to install with any Internet connection and any standard telephone. The technology is portable, and can travel with you anywhere in the world and works with wireless routers.

The i2Telecom/StreamCast Networks Partnership draws much of its strength from the global nature of each company's offerings and capabilities. Morpheus users are located in every corner of the globe and i2Telecom's VoIP network and technology works anywhere in the world. Further, Morpheus users are proven early-adopters of technology, and i2Telecom provides a complete VoIP solution that, unlike other so-called VoIP firms, does not rely on any other companies' hardware, software or network.

The companies expect to announce product availability and pricing within the next month.

About i2Telecom International, Inc.
i2Telecom International is a low-cost telecommunications service provider employing next generation Voice over Internet Protocol ("VoIP") technology with operations based in Boca Raton, Florida, Atlanta, Georgia, Redwood City, California, Malaysia and China. i2Telecom International controls its own proprietary technology and outsources its production and service functions with strategic partners. i2 Telecom International provides micro gateway adapters (InternetTalker™), VoIP long distance and other enhanced communication services to subscribers. i2Telecom International's proprietary technology platform is built to the Session Initiation Protocol standard. i2Telecom International's revenue model is multi-faceted and includes prepaid revenue from the sale of its InternetTalker™ integrated access device, recurring monthly subscriptions, call minute termination and original equipment manufacturer royalties. For more information visit www.i2telecom.com.


About StreamCast Networks, Inc.
StreamCast Networks, Inc., creators of the Morpheus software product is a leading global communications technology company that is revolutionizing Internet digital media distribution and communications via software that enables users to communicate directly with one another on an unprecedented scale. Users according to CNET's download.com have downloaded over 119 million copies of Morpheus.

Forward Looking Statements.
Certain statements contained in this release that are not statements of historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The words - "believe", "expect", "anticipate", "intend", "will", and similar expressions are examples of words that identify forward-looking statements. Forward-looking statements include, without limitation, statements regarding our timing of future orders and business strategy. These forward-looking statements are based on our current beliefs, as well as assumptions we have made based upon information currently available to us. We do not assume, and expressly disclaim, any obligation to update these forward-looking statements.


Press Contacts:

Danyl Collings
skyemedia, inc
i2Telecom
danyl _at_ skyepr.com
978-443-0400 x 14

Derek Beckwith
skyemedia, inc
i2Telecom
derek _at_ skyepr.com
978-443-0400 x 15

Brian O'Neal
Sr. Director of Communications
StreamCast Networks
boneal _at_ morpheus.com
818-887-8610 ext. 122

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