CONTACT INFORMATION

Optiron
www.optiron.com

RSL COM
www.rslusa.com

PITTSBURGH, PA., August 24, 2000 - Optiron Corporationä and Pittsburgh-based RSL COM U.S.A., Inc., a subsidiary of RSL Communications, Ltd. (Nasdaq: RSLC) today announced a partnership to provide utility companies and energy service providers with cost-effective, "pay as you grow" customer care and billing solutions. Under terms of the agreement, RSL COM will provide an advanced data center and high-speed connectivity to Deliver Optiron's READI Systemä via an ASP service over the Internet.

READI System is the premier retail billing and customer care solution available to the deregulating energy markets, including utilities, energy service providers and municipalities. The system handles converged billing for multiple utility commodities (gas, electric, water, telecom) and non-utility product and services. The system also allows Optiron clients todata mine customer profile and purchase history to provide valuable cross-marketing information. This capability, in turn, makes it possible for them toeasily expand their offerings beyond traditional energy services and service territories.

According to a 1999 Deloitte Consulting report, 55 percent of energy companies will utilize a new customer relationship management solution to Support deregulation and/or changing needs within the next two years. "This represents a $14-$22 billion market for companies like Optiron," said Angelo F. Pasquale, president and CEO of Optiron Corporation. He expects the partnership will allow his company to provide a world-class solution that was previously inaccessible tocertain segments of the market.

"Optiron can now service utilities and energy service providers, large and small alike, without the expense of building an IT infrastructure," Pasquale said. "Through a pricing model tied directly to the number of customers, we offer these organizations a cost-effective billing and collection process, and the ability topursue new growth opportunities in a deregulated environment."

"This is truly where RSL COM feels most comfortable," said Michael Marino, President and CEO of RSL COM U.S.A., Inc. "The partnership with Optiron is a perfect example of how RSL COM's value-add opens one of our customer's products to a whole new market. We worked closely with Optiron, and our total solution, including design, equipment, hosting, and global network access, provides smaller companies an entrée into the applications business, without being programmers," Marino added.

About Optiron:
Optiron Corporation is partly owned by Philadelphia, PA-based Resource America, Inc. (Nasdaq: REXI). Resource America, Inc., operates businesses in energy, energy technology and real estate finance. Formed June 29, 2000 through the merger of Atlas Technologies and Frontier Systems Inc., Optiron is a Pittsburgh, PA based provider of web-based billing and customer care solutions and consulting services to the energy and converged network industries. This market is accelerating through nationwide deregulation of the energy industry and the rapid growth of the Internet. Optiron's founders have more than 25 years direct energy industry business experience, including early participation in retail access, and 13 years energy industry and other commercial application development experience. For more information visit www.optiron.com.

About RSL COM:
RSL COM U.S.A., a subsidiary of RSL Communications, Ltd., is an integrated telecommunications provider of high quality services with superior customer care. RSL COM U.S.A. offers total telecommunications solutions including voice services; frame relay; Internet protocol networks; Internet access; remote access; e-mail; packet switching; LAN integration; applications hosting; DSL and VPN solutions; and network and facilities management. RSL COM U.S.A. also provides wholesale international termination and transit traffic services toother carriers, including resellers. In addition, RSL COM U.S.A. provides, through its subsidiary, RSL COM PrimeCall, pre-paid calling card services toagents and distributors. RSL COM U.S.A. is the ninth largest U.S. carrier of facilities-based international traffic and sixth largest carrier of switched resale international traffic according toTelegeography 2000.

# # #