SOURCE: InteleCom, Inc.

August 06, 2008 09:45 ET

InteleCom Is Pleased to Announce That Its Founder, Chairman and CEO, John A. Roberts, Jr., Will Take Over as the Interim President

INDIANAPOLIS, IN--(Marketwire - August 6, 2008) - InteleCom, Inc. (PINKSHEETS: IECM) (www.intelecomplus.com), a leading provider of international VOIP communications, who has sold telephones and VoIP service to over 122 countries, announced today that W. Michael Connor, its President and Board Member, has resigned both positions effective July 29, 2008. Mr. Connor, who was with the company for ten years, was recently responsible for InteleCom's wholly owned subsidiary, TokSee, Inc. (www.Toksee.com) and the development of its New Web 2.0 Communications Software Division, which recently launched the TokSee Social Network Community.

Mr. Roberts will remain as Chairman of the Board and CEO. He will undertake the duties of President on an interim basis until a candidate for the position is chosen.

InteleCom had previously announced that TokSee will share advertising revenue with its qualified members, as well as revenues from the purchase of TokSee products, add-on tools and services through its unique Referral Rewards Program. TokSee also announced recently the introduction of three new Communication Widgets.

About InteleCom, Inc.: InteleCom, Inc. is a 10 year old company that has provided value added telecommunication and technology products including Internet phone service through its other division InteleFone. This service, which also works on dial up, is rated at the highest level for voice quality and clarity because of its advanced dynamic bandwidth-dependent voice packet packaging technologies.

InteleCom's current focus is to build and make the first and most successful Monetized Social Network for its new Free Members, Independent Business Members, as well as, Entrepreneurs and Businesses to share information, expertise and market their own products and services, TokSee will provide its Members with the most advanced online Social Networking experience available on the Internet.

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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