Jaxtr Adds One Million Users, Grows Three Times Faster Than Skype

Jaxtr (www.jaxtr.com), the company that links your phone to the
Web, today announced that its registered user base has reached
2,000,000 -- up from 1,000,000 just 30 days ago.

As a result, jaxtr has taken only a third of the time it took
Skype in late 2003 to double its user base from one to two million.
Unlike Skype, where phone calls are placed from a computer and require
a download, jaxtr allows its users to enjoy the cost savings of VoIP
(Voice over Internet Protocol) from the convenience of any ordinary
mobile or landline phone.

The company also announced receiving a USD 10 million round of
financing led by August Capital and three of the early Skype investors
-- Draper Richards, Draper Fisher Jurvetson and Luxemburg-based
Mangrove Capital.

"Now, for the first time, the majority of the world's population
can make phone calls to friends, family and business contacts all over
the world at the same cost and with the same convenience as phoning a
friend down the street," stated jaxtr CEO and former LinkedIn
co-founder Konstantin Guericke.

Anyone can click on the jaxtr link of their friend to initiate a
call. Once they enter their own number, their phone rings, their
friend's phone rings and jaxtr connects the call. By saving the local
direct-dial number that jaxtr displays on their mobile and dialing it
the next time they call their friend abroad, people can place calls
directly from their mobile phone and bypass expensive international
phone charges.

Jaxtr is currently in public beta and works with any phone in 220
countries. Users can embed their jaxtr widget in the world's most
popular social networks and communities, including MySpace, Facebook,
LinkedIn, Orkut, eBay, LiveJournal and Blogger.

About jaxtr

Jaxtr is a social communications company based in Menlo Park, CA.
The jaxtr service is currently being used by over 2,000,000 registered
users in 220 countries. Jaxtr links your phone to the Web, so you can
hear from callers worldwide while keeping your existing phone number
private.