SOURCE: Voxbox World Telecom, Inc.

October 16, 2006 09:30 ET

VoxBox World Telecom, Inc. Announces Board of Directors Considering Forward Split of Common Stock

VANCOUVER, BC -- (MARKET WIRE) -- October 16, 2006 -- VoxBox World Telecom, Inc. ("VoxBox" or "Company") (PINKSHEETS: VXBX) announces today that its Board of Directors is contemplating a forward split of its common stock.

Upon completion of various research and analysis items the Company's management and Board of Directors will make a final decision and subsequent announcement concerning if it will implement the possible forward split, including the potential record date and ratio.

All trademarks, trade names, and service marks mentioned herein belong to their respective owners. This release contains forward-looking statements that involve risks and uncertainties. Statements in this news release, other than historical data, are considered forward-looking statements under the Private Securities Litigation Reform Act of 1995. The company's actual results could differ materially from those anticipated in these forward-looking statements as a result of certain factors uncontrollable by the company. This announcement does not constitute an offer to sell or the solicitation of offers to buy any security and shall not constitute an offer, solicitation or sale of any security in any jurisdiction in which such offer, solicitation or sale would be unlawful.