Released on = October 20, 2006, 10:58 am

Press Release Author = Perry Hartline

Industry = Telecommunications

Press Release Summary = Aggressive but Unique Marketing Strategy and Disruptive New
Technology Generates First Month of Positive Net Income for TalkFree.

Press Release Body = San Francisco, CA, October 23, 2006 – VoIP TalkFree’s world
position is substantially enhanced and has reached a new milestone in the third
quarter. This week the company announced it has achieved its first profitable month
in less than a year of its launch. It has done this by uncompromisingly focusing on
and continuously improving its several advantages in the Africa, Asia, the Middle
East, South America & the Caribbean Basin regions.

With international telecommunications expanding exponentially in emerging countries
and Internet access now reaching beyond a 70% average annual growth rate, this huge
underserved market currently only entertains an approximate Internet penetration of
10%, compared to 60% penetration in the industrialized countries. (Source:
International Telecommunications Union.) It is the 90% unmet demand that TalkFree
bases its growth on. It has meets the challenge in several unique but proven ways.
Paul Falchi, CEO of TalkFree, stated that, “We’re proud that the distribution of our
web based applications and tools and our business model have been so readily
accepted by local environments in emerging markets. We’re exporting the latest
Silicon Valley VoIP small business solutions and introducing revolutionary, low-cost
pricing telecom services. TalkFree’s unique combination of technology and service
provides an incredible opportunity to regions which still are facing legacy,
monopoly tariffs.”

TalkFree’s success revolves around these five points. First, the company eliminates
local and regional access problems by overcoming technical characteristics of the
developing countries it enters. Second, it delivers to its distributors a complete
VoIP Business in a Box without requiring a significant cash outlay. Third, it
provides vendors and partners with the telecommunications industry’s finest and
brightest tools coupled with round-the-clock support in the vendor’s native
language. Fourth, the in-country distributors use their local knowledge and
experience to create Internet business centers and a myriad of other
telecommunications business systems that deliver worldwide telecommunications links
to end users. Fifth, and a bedrock component to TalkFree’s success, is all
transactions are in local currency, no credit card is required, thus ensuring ease
of access and repeat use by end users.

In business terms TalkFree’s proven combination of marketing and advanced technology
result in an uncommon ease-of-access for end-users; self-funding businesses
generating cash streams spring-up virtually over night delivering both profits and
rapid growth for vendors, thus ensuring a high-profit return for TalkFree and its
investors.

TalkFree’s success in emerging world markets is based on these features:

- Elimination of local and regional technical access problems
- A simple but effective marketing and distribution strategy using a vast network of
local in-country distributors
- Unequalled web-based applications to help distributors and partners manage and
grow their businesses
- Use of effective, economical open-source technologies in its network and business
systems
- Effective instant business processes with transaction in local currencies
resulting in fast cash response and return
- Rapid and high yield for its resellers and distributors

TalkFree is a socially responsible investment-based company composed of a diverse
team of people with a profound understanding of the countries they serve. TalkFree
is led by CEO Paul Falchi who brings over 25 years experience in international
telecommunications and Internet-based services to the company.

Learn more about TalkFree at www.talkfree.com


Web Site = http://www.talkfree.com

Contact Details = Perry Hartline
TalkFree Media Relations
916/966-0604
Mobile 916/532-4413
8:30 am – 6pm M-F PST
perryhartline@sbcglobal.net