New Enterprise Associates Invests An Additional $40 Million In Vonage

NEA demonstrates continued belief in company and telecommunications market

Baltimore, Maryland – August 25, 2004 – New Enterprise Associates (NEA) has invested an additional $40 million in Vonage Holdings Corporation. Edison, New Jersey-based Vonage is the leading provider of broadband telephone service. NEA led this $105 million Series D financing, bringing Vonage's total investments to over $200 million.

Proceeds from this financing will be used to accelerate the expansion of service in the United States, Canada, the UK, the Pacific Rim and Latin America, and will support the development of innovative new offerings.

"As an early-stage investor, NEA is extremely pleased with the progress Vonage has made to date," said Peter Barris, NEA managing general partner and newly appointed Vonage board member. "Vonage's innovative product suite, strong customer traction and successful penetration of the retail channel has positioned the company as the early market leader. We look forward to Vonage's continued success and are thrilled to be part of this venture."

Vonage® Completes $105 Million Series D Financing Round Led By NEA, 3i And Meritech

Leading Internet Phone Provider Continues to Redefine the Telecommunications Market

Edison, NJ, August 25, 2004 – Vonage, the leading provider of broadband phone service, today announced the closing of a $105 million series D financing round led by New Enterprise Associates (NEA) with strong participation from 3i, Meritech Capital Partners and existing investors. This latest round of financing brings total investment in the company to $208 million.

“This funding round validates Vonage’s leadership in the broadband telephony market and is clear evidence of its unwavering dedication to transforming the telecommunications market space,” said Jeffrey A. Citron, chairman and CEO of Vonage Holdings Corporation. “Moreover, the commitment Vonage has received from its investors to increase the value of their holdings illustrates Vonage’s effect on the telecommunications industry as it continues to redefine the way residents and small businesses communicate with its full-featured, cost-effective calling plans prompting hundreds of thousands to drop their traditional Bell service.”

New Linksys Voice Over IP (VoIP) Solutions Help Consumers And Small Offices Save Money On Phone Calls

Linksys Enters VoIP Market with New Hardware That Connects Standard Telephones and Fax Machines to a High-Speed Internet Connection

IRVINE, CA – August 24, 2004 – Linksys®, a division of Cisco Systems, Inc., the leading provider of broadband, wireless and networking hardware for the consumer, Small Office/Home Office (SOHO) and small business markets, today announced new Voice Over IP (VoIP) products to help consumers and small offices save money and get more use out of their broadband connection. Linksys is offering three new affordable and easy to use VoIP products that enable users to connect their standard telephones and fax machines to a cable or DSL broadband connection so they can make and take calls: The Linksys Phone Adapter with 2 Phone Ports (PAP2), a Wireless-G Router with 2 Phone Ports (WRT54GP2) and a wired Broadband Router with 2 Phone Ports (RT31P2).

Vonage® And Staples® Are The First To Offer Broadband Telephony

Edison, N.J., August 24, 2004 – Vonage, the leading broadband phone company, today announced Staples, Inc. (Nasdaq: SPLS) as the first national office supply chain to offer Vonage services in all of its approximately 1,200 stores throughout the United States and online at www.staples.com.

High-speed Internet customers, who have a standard telephone, can sign up for Vonage service by purchasing one of two Vonage starters kit at Staples, both featuring Linksys devices. Either device will allow customers to make unlimited calls in the US and Canada for one low, flat monthly rate starting at $14.99.

“Staples’ national roll-out of Vonage’s service is evidence of the transformation of the telecommunications industry and the need to make broadband telephony more readily available to the general consumer market,” stated Daniel Elwell, director of New Business Development for Vonage. “We are looking forward to a successful sales relationship with the world’s largest office supply chain.”

Vonage® Teams With Netgear® To Develop Suite Of Broadband Telephony Products For Voice-Over-IP Service

802.11g Wireless Router, Telephone Adapter/Router for VoIP Service

EDISON, New Jersey, and SANTA CLARA, Calif., August 24, 2004 – Vonage, the leading broadband phone company, today announced it is teaming with NETGEAR®, Inc. (Nasdaq: NTGR), a worldwide provider of technologically advanced, branded networking products, to develop a suite of broadband telephony devices. These devices will incorporate the latest version of Texas Instruments’ Voice over IP (VoIP) and Wireless LAN (WLAN) chipsets, enabling consumers to benefit from integrated broadband voice and data applications compatible with the Vonage service. First available will be a voice-enabled 802.11g wireless router followed by a wired two-port telephone adapter/router. These products are expected to be available to customers of Vonage’s innovative digital telephone service as early as October of this year in time for the Holiday season.

Vonage® And Linksys® Team Up To Redefine The Telecommunications Marketplace

Capitalizing on Linksys’ Retail Strength and Brand Awareness, Vonage Expands

Edison, NJ, and Irvine, CA August 24, 2004 – Vonage, the leading broadband phone company and Linksys, a division of Cisco Systems, Inc. today announced a relationship that will redefine the way consumers and small businesses communicate. Vonage will now be offering its broadband telephony service for use with two different Linksys Voice over IP (VoIP) devices to meet the ever-growing broadband communications marketplace.

Customers can now choose products for their home or small business broadband telephony needs with a number of Linksys options that fit their requirements. Vonage subscribers will be offered a choice of the Linksys (PAP2) Phone Adapter with 2 Phone Ports or the (RT31P2) Broadband Router with 2 Phone Ports. In a few weeks, Linksys will also make available a Wireless-G Router with 2 phone ports (WRT54GP2).

Vonage® Now Offers 311 Dialing For City Information Services

Edison, NJ, August 18, 2004 – Vonage, the leading broadband telephony provider today announced it is now offering its subscribers 311 dialing for city information services. Calls dialed to 311 are routed to the public information center in the customer’s area enabling them to receive information such as public transit and garbage collection schedules, as well as tourism and parks and recreation information.

“Vonage is pleased to offer its customers the convenience of 311 dialing for city information services. This is just another example of Vonage answering its customers needs,” stated Jeffrey A. Citron, chairman and CEO of Vonage.

The 311 dialing feature is available at no charge to all customers who have activated their dialing 911 service. Vonage customer access to 311 services is available in 13 markets across the US including New York, Los Angeles, Chicago, Detroit, Baltimore, Dallas and Washington DC.

Vonage Names Louis Mamakos as Chief Technology Officer

Vonage, the broadband phone company, today appointed Louis Mamakos as Chief Technology Officer, effective immediately. In the newly created position, Mr. Mamakos will report directly to Jeffrey Citron, CEO. Mr. Mamakos is responsible for overseeing all technology operations, development and planning of Vonage’s business.

Most recently, Mr. Mamakos was a fellow at Hyperchip, Inc. where he held various technical engineering and architecture roles also serving as technical consultant to the President and CTO. Prior to Hyperchip, Mr. Mamakos spent eight years at UUNET Technologies as a Distinguished Technical Member holding various engineering and architecture positions. Mr. Mamakos was instrumental to UUNET’s growth and technical vision, having guided UUNET’s technology strategy since its inception as an Internet backbone provider in 1993. A career technologist and early Internet pioneer, Mr. Mamakos wrote his first IP stack for a UNIVAC mainframe in 1981 and was the first chairman of the DNS working group within the IETF.

Cushman & Wakefield's Giannone Presents New Jersey Technology Council “CFO Of The Year” Award To Vonage’s® Rego

East Rutherford, NJ, July 30, 2004 - Thomas V. Giannone, a senior director with the Technology Enterprise Group at Cushman & Wakefield of New Jersey, Inc., recently
presented the New Jersey Technology Council’s (NJTC) fifth annual “CFO of the Year” award to John S. Rego, chief financial officer at Vonage, a leading broadband telephony company based in Edison.

Held this year at Forsgate Country Club in Jamesburg, NJTC’s CFO Awards Breakfast recognizes the accomplishments of financial executives from New Jersey’s diverse technology
companies. The CFO of the Year Award, sponsored by Cushman & Wakefield, recognizes a technology company CFO who has made outstanding contributions to his/her accomplishments.

Vonage® Names Bill Rainey President of Vonage Canada



Edison, NJ, July 19, 2004 – Vonage, the leading broadband phone company, today appointed C. William (Bill) Rainey, President of Vonage Canada, a subsidiary of Vonage Holdings Corp. effective immediately. In the newly created position, Rainey will report directly to Jeffrey A. Citron, Chairman and CEO of Vonage Holdings Corp. Mr. Rainey’s responsibilities will encompass the development, execution and expansion of Vonage’s Canadian service offerings.