Covad Recognized for Innovation by Internet Telephony Magazine

Covad Communications Group, (www.covad.com), a provider of broadband voice and data communications, today announced that Technology Marketing Corporation (TMC®)'s INTERNET TELEPHONY® magazine (www.itmag.com) has named Covad VoIP as a recipient of a 2004 Product of the Year Award. INTERNET TELEPHONY has been the VoIP Authority Since 1998™.

"We are proud to be one of the recipients for this award. Covad VoIP offers businesses nationwide the opportunity to affordably integrate their telephone and high-speed Internet services," said Jeff Ahlquist, vice president of product development for Covad.

Rich Tehrani, group publisher and editor-in-chief of INTERNET TELEPHONY, said: "Each year INTERNET TELEPHONY magazine bestows its Product of the Year awards on companies that have demonstrated excellence in technological advancement and application refinements."

The Product of the Year Award winners for 2004 will be published in the January 2005 issue of INTERNET TELEPHONY magazine.

Covad VoIP offers two services: Covad vPBX and Covad PBXi. Covad PBXi is designed to work seamlessly with existing PBX equipment. Covad vPBX is designed as a full PBX alternative. Covad and Covad's dealer network install the service, train users and provide complete customer support.