SOURCE: Elephant Talk Communications

March 11, 2010 09:34 ET

Elephant Talk Announces MVNO Contract With United Telecommunication Services

SCHIPHOL, THE NETHERLANDS--(Marketwire - March 11, 2010) - Elephant Talk Communications, Inc. (OTCBB: ETAK), a leader in telecommunications business software innovation and services, today announced it has signed a Heads of Terms Agreement with United Telecommunication Services (UTS) for its subsidiary Dutch United Telecommunication Services BV(dUTS) in the Netherlands. UTS purchased the rights to approach former Mobile Virtual Network Operators (MVNOs) customers who reached the end of their contractual periods. Also, UTS plans to offer existing customers new service offerings in the near future.

UTS will use Elephant Talks carrier grade Mobile Virtual Network Enabler (MVNE) platform to offer these new services to existing customers and expand geographically through dUTS in The Netherlands. This will enable dUTS to offer attractive pricing plans, including those former MVNO customers who want to continue their MVNO service.

"This is only the operational beginning of our dynamic and unique product offerings to this target group," stated, Paul de Geus, CEO of UTS. "Elephant Talk's fully integrated platform will be used to host the mobile services and to support the various communication needs in The Netherlands. The platform will also support our future roadmap to maintain our presence within the Dutch market. We will be joining our efforts together with Elephant Talk to let our Antillean and Surinam customers gain profit from the global presence of Elephant Talk's network and termination possibilities, as well as connect the home markets of UTS. This is an excellent agreement for us, Elephant Talk and the customers we will serve."

"Our working relationship with UTS goes back a long time and we have completed various projects together in the past," said, Mr. Martin Zuurbier, CTO of Elephant Talk. "We believe that our new agreement with UTS will make dUTS successful in the Dutch marketplace. UTS took the initiative to acquire this substantial customer base to continue to develop their strategy throughout The Netherlands. Elephant Talk can integrate the latest technologies demanded by the market and dUTS customers will have more convenience and simplified communications by using our platform that contains cell-id features and multiple destinations for termination."

About dUTS

dUTS is part of the UTS Group. The UTS Group is one of the Caribbean's premier integrated and growing providers of proven telecommunication technology. It serves consumers, businesses, governments, and other institutions in the Caribbean area, South America, and Europe. UTS provides advanced, reliable and competitive telecommunication solutions and after-sales care for its customers, wherever and whoever they may be, for personal or professional use.

Backed with over 90 years of experience, UTS is a market leader and trendsetter in its main markets in long distance and mobile telephony services. UTS offers Internet services, advanced data networks as well as transaction-based services such as collect-calling, lease lines, pre-paid cards and pre-paid mobile telephony.

About Elephant Talk Communications

Elephant Talk Communications, Inc., is a leader in telecommunications business software innovation and services. The company enables both mobile carriers and virtual operators to offer a full suite of products, delivery platforms, support services, superior industry expertise and high quality customer service without substantial upfront investments from clients. Elephant Talk provides global telecommunication companies, mobile network operators, banks, supermarkets, consumer product companies, media firms, and other businesses a full suite of products and services that enables them to fully provide telecom services as part of their business offerings. The company offers various dynamic products that include remote health care, credit card fraud prevention, mobile internet ID security, multi-country discounted phone services, loyalty management services, and a whole range of other emerging customized mobile services. For more information, visit: www.elephanttalk.com.

Forward-Looking Statements

Certain statements contained herein constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations, estimates and projections about the Elephant Talk's industry, management's beliefs and certain assumptions made by management. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Such statements involve risks and uncertainties, therefore the actual results and performance of Elephant Talk may differ materially from the results expressed or implied by such forward-looking statements. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Unless otherwise required by law, Elephant Talk also disclaims any obligation to update its view of any such risks or uncertainties or to announce publicly the result of any revisions to the forward-looking statements made here; however, readers should review carefully reports or documents Elephant Talk files periodically with the Securities and Exchange Commission.

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