TELEPLUS' TELECOM OPERATION SURPASSES ITS SINGLE YEAR GROWTH RECORD IN 2007
MIAMI, FL - November 14, 2007- TelePlus World, Corp. (OTCBB: TLPE; Frankfurt: YT3.F) (www.teleplus world.com), a wireless and telecom reseller offering specialized communications products and services in the U.S. and Canada, announced that its subsidiary Telizon, part of the Company's telecom division, has surpassed its single year growth record in 2007 as measured by new Centrex Serving Area openings in Central and Northern Ontario.
In all, 9 new Centrex Serving Areas were launched in 2007, one more than the previous record of 8 opened in 2006. Telizon now provides a value added bundle of commercial telecommunications packages including local lines, long distance, toll free and high speed internet services to customers in 53 distinct Centrex Serving Areas in Ontario. The value added component, in addition to significant cost savings, results from Telizon acting as a virtual telecommunications department for its clients, interfacing on their behalf with the underlying wholesale carrier providers for all items pertaining to their existing services and future needs.
In addition to also providing stand alone long distance services to the commercial market, Telizon provides long distance and internet services to targeted residential markets.
"We are very pleased with the performance of our telecom division in 2007," commented Marius Silvasan, Company CEO and Chairman. "These 9 new serving areas provide an additional market potential of approximately 10,000 new commercial lines going forward. In 2007, Telizon's billed lines grew by 8.5% and commercial customers count by 12%," added Silvasan.
About TelePlus World. Corp. (OTCBB: TLPE) http://www.teleplu sworld.com as a diversified North American telecommunications company is a leading provider of wireless and telecommunications products and services. TelePlus, founded in 1999, has continued to grow organically and through strategic acquisitions. The company's wholly-owned subsidiaries include Liberty Wireless, Corp. operating a prepaid MVNO (Mobile Virtual Network Operator) under the Liberty Wireless brand; Maximo Impact, Corp. operating a pay- as-you-go MVNO under the MX Mobile brand and Telizon, Inc. which resells landline, long distance and internet services under theTelizon, Freedom and Liberty brands. The company's websites include www.libertywireless.com, www.vivaliberty.com, www.maximoimpact.com and www.telizon.biz among others. The Company has offices in Miami, Florida; Cleveland, Ohio; Montreal, Quebec; and Barrie, Ontario.
The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties, including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development and acquisition of new product lines and services, government approval processes, the impact of competitive products or pricing from technological changes, the effect of economic conditions and other uncertainties, and the risk factors set forth from time to time in the Company's SEC reports, including but not limited to its annual report on Form 10-KSB; its quarterly reports on Forms 10-QSB; and any reports on Form 8-K. TelePlus World, Corp. takes no obligation to update or correct forward-looking statements.
TelePlus World, Corp.
Investor Relations & Corporate Communications
866-699-3388
ir@teleplusworld. com
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