SOURCE: InteleCom, Inc.

October 02, 2007 08:31 ET

InteleCom, Inc. Appoints Well-Renowned and Published Ophthalmologist to the Board of Directors

INDIANAPOLIS, IN--(Marketwire - October 2, 2007) - InteleCom, Inc. (PINKSHEETS: IECM) is pleased to announce that the Company has appointed Dr. Daniel H. Spitzberg to its Board of Directors. Dr. Spitzberg is a fellow with the American College of Surgeons and specializes in Ophthalmology; Dr. Spitzberg is also a highly successful investor in multiple industries and emerging technologies.

A former United States Army Captain, Dr. Spitzberg is certified with the American Board of Ophthalmology. Dr. Spitzberg served as the President of The Jewish Family and Children Service, and has taught at renowned colleges worldwide, such as the University of Chicago and the University Eye Clinic in Zurich, Switzerland. Dr. Spitzberg was a pioneer and private investor in 1970s and 80s cable television companies, as well as an early investor in the Intrinsic Edge Fund as part of Coe Capital Management of Chicago, Illinois. He is also a partner with Indianapolis-based Thompson Companies involving land, real estate and golf course developments.

"We are pleased to have someone with Dr. Spitzberg's experience and vision on our Board of Directors. We look forward to working with him as we advance the InteleCom brand with innovative products and services," stated John A. Roberts, Jr., CEO and Chairman of InteleCom, Inc.

InteleCom previously announced that the Company's joint venture partner, the Sakal Group, will start selling their Internet Travel Phones the second week of October in its duty free electronic store at the Tel Aviv Airport in Israel. The Sakal Group is the largest privately owned retail chain in Israel and the Sakal Duty Free Electronic Store is the leader in the sale of electronic products in all of Israel and sold a record $1,000,000+ in one day. This Joint Venture will also market InteleCom's products and services through Sakal's numerous sales affiliates in other countries around the world.

About InteleCom, Inc.:

InteleCom, Inc. has provided and marketed universally desirable, highly competitive telecommunication and Internet products and services worldwide since 1997. InteleCom's Internet phone service branded InteleFone is rated at the highest level for voice quality and clarity because the voice compression is processed through DSP chips located in the Internet phones and adapters. InteleCom's all encompassing vertically integrated VoIP service enterprise has entered the marketplace as a major global force and already has distributors and customers in over 120 countries around the world.

Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbor protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.

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