SOURCE: VOIP5000, Inc.

August 30, 2006 06:30 ET

Click to Call Industry Heating Up

New Click to Call Deal Between Google and eBay Adds Momentum to Fast Growing Industry

PROVIDENCE, RI -- (MARKET WIRE) -- August 30, 2006 -- VOIP5000, Inc. (PINKSHEETS: VPFV) (FRANKFURT: VQC), a provider of "Click to Call" services under the Clixme name, and VOIP applications for online businesses believes that the recent announcement of a relationship between Google and eBay indicates an increase in the acceptance and proliferation of click to call services. The announcement (http://www.theregister.co.uk/2006/08/29/ebay_google_skype/) outlines plans to promote click to call functionality through Google Talk and Skype offering advertisers another innovative way to connect with consumers.

"This deal between two Internet giants is reinforcing what we've known all along, that click to call will be the next killer application to hit the Internet," said CEO Fotis Georgiadis. "These companies are still just experimenting with the technology. Clixme has been providing this service since May 1st for websites all over the country. Not to mention, when you turn off your Google ads, you turn off your click to call functionality. Clixme makes this technology available 24/7 right from a website," he continued.

Clixme is a division of VOIP5000, Inc. The service is provided via a state of the art, carrier class data center owned and operated by the company in Providence, Rhode Island. The company is developing other VOIP applications that it plans to launch soon. These include:

--  A transaction processing service that provides websites the ability to
    take credit cards for e-commerce transactions without customer information
    ever touching the Internet.
    
--  A hosted predictive dialer system capable of calling over 250 numbers
    per minute for companies looking to generate leads into their call centers
    
--  A toll free number service that provides real time call reporting and
    email alerts on missed calls
    
"We've identified and begun development on powerful services that harness technologies that were only available to large corporations with big pockets up until now," said Mr. Georgiadis. "Take for example predictive dialer systems. Costs associated with setting up and running these systems cost tens of thousands of dollars. Instead, you will be able to come to our site, upload your call list, record a message, and GO! We even check and block calls to any numbers on the Do Not call registry automatically," he continued.

About VOIP5000, Inc.:

VOIP5000, Inc. (PINKSHEETS: VPFV) (FRANKFURT: VQC) develops and markets VOIP applications and services for business and consumer use.

Note: All statements, other than statements of fact, included in this release, may include forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company cautions that such matters necessarily involve significant risks and uncertainties that could cause actual operating results to differ materially from such statements, including, without limitation: (i) competition, (ii) fluctuations in demand and supply of our target markets, including Internet-based telephone operations (iii) risks associated with new business ventures. Investors are advised to seek professional advice and conduct a complete due diligence regarding this, or any other company being considered for investment purposes. Investing in securities, particularly in issues priced at less than $1 per share, involves substantial risk and may result in a partial or complete loss of investment capital. Press releases issued by the company should not be interpreted as an offer to sell or a solicitation to buy company stock.

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