SOURCE: TelePlus World, Corp.

August 06, 2008 07:00 ET

TelePlus World Q2-2008 Sales Increased by 18.5% to $4.9 Million Versus Same Period Last Year

Second Quarter Earnings Webcast Scheduled for August 15th at 9:00 a.m. EDT

MIAMI, FL--(Marketwire - August 6, 2008) - TelePlus World, Corp. (OTCBB: TLPE) (FRANKFURT: YT3) (www.teleplusworld.com) ("TelePlus" or the "Company"), a telecom reseller offering specialized communication products and services, announced that preliminary results for the second quarter ended June 30th show that sales increased by 18.5% to $4,897,519 versus $4,132,890 (from continuing operations) for the same period a year ago. YTD sales now reach $9,708,531 versus $7,999,749 (from continuing operations) for the same period a year ago.

"Second quarter 2008 sales continued to show strong growth and are in line with our expectations. The increase in sales is the result of a net gain in customers during the second quarter. YTD sales now show a 21% increase versus the first two quarters last year. Second quarter full results will be released August 15th at 9:00 a.m. EDT during our investor call," stated Marius Silvasan, Company CEO and Chairman.

INVESTOR CALL AND WEBCAST

We would like to advise investors that our full second quarter 2008 results will be presented during an investor call on August 15th, 2008 at 9:00 a.m. EDT.

To access the call:

Call in Number:         U.S./Canada     866.383.8008
                        International   617.597.5341

Event Code:             93845313

Instructions: The conference call will begin promptly at 9:00 a.m. EDT, so participants should call in 5-10 minutes prior to the call to ensure that operators have sufficient time to record your name and company affiliation. A webcast link of the call will be available in the Investor section of the Company's web site.

Internet Access: A live listen-only simulcast of the conference call via the Internet will be webcast by Thomson/CCBN through the following link:

http://phx.corporate-ir.net/playerlink.zhtml?c=144803&s=wm&e=1918327

Investor Presentation: An investor presentation will be available 20 minutes prior to the call. The presentation can be accessed through the internet access outlined above.

Email questions: Investors are also welcome to send any questions via email at investorrelation@teleplusworld.com .

About TelePlus World, Corp.

TelePlus World, Corp. ("TelePlus") (OTCBB: TLPE) (http://www.teleplusworld.com) is a diversified North American company that is a leading provider of telecommunications products and services. TelePlus, founded in 1999, has continued to grow organically and through strategic acquisitions. The company's wholly owned subsidiaries include Telizon, Inc., a reseller of landline, long distance, internet and specialized telecom financial management services to small and mid size businesses and Avenue Reconnect and Freedom Phone Lines, providers of landline and long distance services to targeted residential markets. TelePlus websites include www.telizon.biz, www.elitemail.ca, www.freedomphonelines.com, www.netreach.ca and www.nophone.ca among others. The Company has offices in Miami, Florida 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.

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