December 20, 1999

VCOM.COM Announces the Release of VCOM.LongDistance, a Revolutionary Communications Service

VCOM.COM Corporation announced today the official release of its VCOM.LongDistance service. This e-commerce service provides the Company's customers with discounted domestic and international long distance calling. This service also offers customers online management capabilities and instant membership in the Rewards Program.

With no monthly fees or connect charges, fiber optic quality, and discounted rates to over 240 countries, VCOM.COM is poised to expand its online distribution channel. VCOM.LongDistance is offered only via the Internet through its e-commerce web site. The service provides direct-dial calling that works from any telephone in the United States. In addition to long distance calling, VCOM.COM offers prepaid and postpaid calling cards, wireless services, and a variety of management tools.

Robert Stark, VCOM.COM's President said, "Our 6.5 cent per minute rate is considered very competitive in the residential and small to mid-size business market. We believe discounted pricing, no minimums or monthly fees, and comprehensive management tools give VCOM.COM a huge advantage retailing long distance on the Internet. This offering will be a real value for the online community and allow the Company to rapidly grow its customer base."

"Global Crossing is eager to partner with innovative companies like VCOM.COM," said Anthony Palma, vice president of marketing for Global Crossing's wholesale services division. "VCOM.COM's web-based telecommunications system dovetails nicely with our own interface. VCOM.COM has real-time access to the network management tools and troubleshooting solutions necessary for seamless and continuous service."

VCOM.COM is harnessing the power of the Internet for use in distributing both traditional and emerging communications services. The Company owns and operates an e-commerce web site at http://www.vcom.com. This web site offers a new approach to the sale and management of communications services. It is the first self-service communications center geared for a mass market of customers.

From this web site, the Company also offers numerous free services. Such services include Internet-initiated calling, a national telephone directory, email, online address book, and calendar.

About VCOM.COM

VCOM.COM Corporation is a next-generation telecommunications company focused on the sale of services over the Internet. VCOM.COM is partnering with the Internet's most popular web sites and providing private-label communications services. Headquartered in New York, NY, the company offers domestic and international long distance, prepaid and postpaid calling card, toll-free, wireless, and directory services. The company's proprietary technology includes web-based provisioning and billing systems, call reporting, and support tools. This online approach to distribution and management allows VCOM.COM to provide premium services to a worldwide community of people.

Certain statements contained in this release may contain forward-looking information with respect to plans, projections or the future performance of VCOM.COM, the occurrence of which involves certain risks and uncertainties, including, but not limited to, the difficulties in conducting international operations, product and market acceptance risks, the impact of competitive pricing, competitive products, product development, commercialization and technological difficulties, and other risks detailed in the Company's Private Placement Memorandum.

Contact:

Wendie Makoujy
Spector & Associates, Inc..
636 Morris Turnpike
Short Hills, NJ 07078
973.467.5858 tel.
973.467.3211 fax
wendie@spectorpr.com email

Seth Grudberg
VCOM.COM Corporation
210 East 49th Street, 3rd Floor
New York, NY 10017
212.758.2087 ext. 160 tel.
212.758.2088 fax
sgrudberg@vcom.com email



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