SOURCE: i2Telecom International

January 07, 2008 08:30 ET

i2Telecom International Appoints Mr. Andy Cooper to Their Advisory Board

ATLANTA, GA--(Marketwire - January 7, 2008) - i2Telecom International, Inc. ("i2Telecom®") (OTCBB: ITUI), a developer of its own proprietary high-quality Voice-over-Internet Protocol ("VoIP") products and services, today announced that Mr. Andy Cooper has joined the Company's Advisory Board. Mr. Cooper, who has extensive senior level executive, operational, and strategic experience, will advise i2Telecom on its efforts to maximize the value of the Company's intellectual property through licensing agreements and the roll-out of its new telecommunications offerings.

Mr. Cooper has more than twenty years of experience in venture management, venture investing and investment banking. In the last ten years, Mr. Cooper founded three start-up companies, the most recent one being Brand Asset Digital where he is founder and Executive Chairman. Brand Asset Digital is a pioneer in digital media marketing and distribution via file trading systems and the Web.

"i2Telecom's VoiceStick® technology does not create security risks for users and is a superior solution for the secure communications needs of government and enterprise personnel," Mr. Cooper said. "This technology offers significant cost-saving advantages through a unique cellular bridge that enables overseas phone calls from a cell phone using the VOIP network. Additionally, i2Telecom's patent portfolio represents a valuable asset, covering a large industry that is just beginning to mature."

Mr. Cooper has served in the following roles:

--  From 2002 to 2007, Mr. Cooper was founder, co-CEO and director of
    Unison Site Management, a leading cellular site owner and manager with more
    than 1,500 cell-site leases and more than $18 million in annual cash flow.
    Unison recently entered into a portfolio financing agreement with Goldman
    Sachs Global Infrastructure Partners I.
    
--  Mr. Cooper also co-founded Avesta Technologies, an enterprise,
    information and technology management software company, where he was chief
    financial officer and Vice President of business development and channel
    sales.  In 2000, Visual Networks bought Avesta.
    
--  Mr. Cooper served as managing director with The Carlyle Group, focused
    on North American venture investments, and was with Morgan Stanley &
    Company for fourteen years, most recently as a principal of Morgan Stanley
    Venture Partners. At Morgan Stanley he focused on late-stage venture
    investments, consolidations and buy-outs. Mr. Cooper was the lead partner
    and a director of CSG Systems, Protection One Alarm, LionBridge
    Technologies, and Weblink Wireless, among others.  Before joining the
    venture group at Morgan Stanley, he worked in the company's Debt Capital
    Markets and Mergers & Acquisitions divisions in New York and Tokyo.
    

Mr. Cooper is on the board of the Madison Square Boys and Girls Club of New York. He earned a B.A. from Duke University.

Paul Arena, CEO of i2Telecom, stated, "We are excited about the experience and contacts that Mr. Cooper brings to our Advisory Board. His proven track record of launching successful businesses in the Internet, telecom and technology areas is impressive and he is a great addition to our team."

About i2Telecom International, Inc.

i2Telecom International, Inc. is a developer of its own proprietary high-quality Voice-over Internet Protocol (VoIP) products and services that employs best-of-breed VoIP technology and uses a combination of the Company's own network and the Internet to deliver high-quality phone calls, stream video and text chat to customers on a global scale. i2Telecom International provides its VoiceStick®, Digital Portal communications and microgateway adapters for VoIP long-distance and other enhanced communication services to its subscribers. Its proprietary technology platform is compliant with the Session Initiation Protocol ("SIP") telecommunications industry standard. i2Telecom International has received a Notice of Allowance from the U.S. Patent and Trademark office for the VoIP Service Access Module (VSAM) or VoiceStick® technology patent. For additional information visit www.i2telecom.com or www.voicestick.com or www.myglobaltalk.com or call 404-567-4750.

SAFE HARBOR Statement Under the Private Securities Litigation Reform Act. With the exception of the historical information contained in this release, the matters described herein contain forward-looking statements that involve risk and uncertainties that may individually or mutually impact the matters herein described, including, but not limited to, product acceptance, economic, competitive, governmental, results of litigation, technological and/or other factors which are outside the control of the company. Actual results and developments may differ materially from those contemplated by these statements depending on such factors as changes in general economic conditions and financial or equity markets, technological changes, and other business risk factors. i2Telecom® does not assume, and expressly disclaims, any obligation to update these forward-looking statements.

Contact Information

  • Investor Relations Contact:
    Alan Sheinwald
    Alliance Advisors
    (212) 732-4300
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    Public Relations Contact:
    Kelly Cinelli or Veronica Welch
    CW&R Partners
    (508) 222-4802
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