SOURCE: Elephant Talk Communications

Elephant Talk Communications

September 29, 2010 04:00 ET

Elephant Talk Communications, Inc. Signs Agreement With Your Card B.V. to Launch MVNO Telecom Services for Dutch Market

SCHIPHOL, THE NETHERLANDS--(Marketwire - September 29, 2010) - Elephant Talk Communications, Inc. (OTCBB: ETAK) (www.elephanttalk.com), an international provider of business software and services to the telecommunications and financial services industry, announced today the signing of an agreement with Your Card B.V., a new Mobile Virtual Network Operator (MVNO) serving the Dutch market, as part of Elephant Talk's global campaign to expand its Mobile Virtual Network Enabler (MVNE) platform services to new markets in Europe, Middle East and South America.

With the launch of MVNO services to Dutch commercial and consumer mobile users in October -- under the name YOUR CARD® ONE -- Your Card B.V. will use Elephant Talk's fully integrated MVNE platform for hosting mobile services and supporting new channels for customer communications, including a new innovative dimension to prepaid service packages. YOUR CARD® ONE is the first known MVNO in the Netherlands offering Voice, SMS and Mobile Internet services with an integrated smart card and loyalty system. This technical combination sets the standard to offer users the most advanced services, excellent service and security.

"Elephant Talk's MVNE platform services will provide Your Card B.V. a single window's interface that allows business-to-business clients, such as prepaid phone companies that resell phone service but use the towers of a mobile operator, a single window's interface so they can control pricing, billing, product bundling, promotions and loyalty management in one integrated system. Next to a very high service level, an additional advantage of such integration is a substantial cost reduction in operating expenses," said Steven van der Velden, Elephant Talk's CEO.

Carina Oostmeijer, CEO of Your Card B.V., stated: "YOUR CARD's new MVNO concept under the brand name YOUR CARD® ONE, stands for 1 Card, 1 Account for All. YOUR CARD® ONE is an intelligent prepaid service package that sets a completely new dimension to prepaid, which is one of the fastest growing technologies in telecommunications. YOUR CARD® ONE is responding to the growing demand for alternative and insightful communication capabilities. YOUR CARD offers a number of services such as YOUR CARD® MOBILE, YOUR CARD® SMART CARD, YOUR CARD® GIFT and YOUR CARD® PROMO."

"The YOUR CARD concept shows Elephant Talk's abilities to integrate multiple external facing systems with our carrier grade CRM/IN/Billing platform," said Martin Zuurbier, CTO of Elephant Talk. "The tight relation between the SIM card and the SMART card, for example, in combination with our endless box of functionalities will give YOUR CARD the right instruments to act as a promising new kid in the Dutch MVNO market. Since the Dutch MVNO market is reasonably crowded, we think that YOUR CARD has the right value-add, which will attract a lot of consumers and business to the upcoming YOUR CARD community."

About Your Card
Your Card B.V. is a full-service facilitating telecommunication company for fixed and mobile networks for businesses, which would like to enter the market of Intelligent Communications. Your Card® BRANDED SMART CARD SOLUTIONS, which stands for white label MVNO services and MVNO prepaid smart card services, enables companies with low entry costs to offer a complete package of mobile services to its customers or members in their own style in combination with the integrated smart card system. It can be used to sell the product as a supplement to existing product range and thus the guarantee of additional revenue, as a gift card with Your Card ® GIFT, or provides access to the latest media possibilities with Your Card ® PROMO. Your Card® BRANDED SOLUTIONS SMART CARD for sales and service companies provides a means to remain competitive. It is a flexible white label product with the look and technical application specially tailored. It is a marketing tool to provide insight into customer behavior, to identify users and to work as a communication tool. The application choices are unlimited.

About Elephant Talk Communications

Elephant Talk Communications, Inc. (OTCBB: ETAK) is an international provider of business software and services to the telecommunications and financial services industry. 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 enable 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. Such statements may include, without limitation, statements with respect to Elephant Talk Communication Inc's plans and objectives, projections, expectations and intentions. These forward-looking statements are based on current expectations, estimates and projections about the Company'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. Because such statements involve risks and uncertainties, the actual results and performance of the Company 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, the Company 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. Additional information concerning certain risks and uncertainties that could cause actual results to differ materially from that projected or suggested is contained in the Company's filings with the Securities and Exchange Commission (SEC), copies of which are available from the SEC or may be obtained upon request from the Company.

Contact Information

  • Contact:

    Your Card B.V.
    Carina Oostmeijer
    CEO
    Tel: + 0031 (0) 88 7766 590
    Email Contact
    Your Card(R) PR: Email Contact
    Your Card(R) Sales: Email Contact

    Elephant Talk Communications Inc.
    Claire Hope
    Manager PR & Marketing
    Tel: + 44 (0) 20 31708125
    Email Contact

    Investors:
    Alliance Advisors, LLC
    Thomas P. Walsh
    Tel: + 1 212-398-3486
    Email Contact