SOURCE: iPhone2, Inc.

September 25, 2006 10:03 ET

iPhone2, Inc. (IPHE.PK) Announces Strategic Agreement With Charys Holdings Company, Inc. (CHYS.OB) for Video and VoIP Services

ALBUQUERQUE, NM -- (MARKET WIRE) -- September 25, 2006 -- iPhone2, Inc. (PINKSHEETS: IPHE) today announced that it has entered into a strategic relationship with Charys Holding Company, Inc. ("Charys") (OTCBB: CHYS) subsidiary Charys Technologies Group to provide services in areas of business and technology development, strategic marketing and distribution services. In exchange for the specified services, Charys has acquired as compensation an equity position of 4.9% in iPhone2, Inc.

iPhone2, Inc. (PINKSHEETS: IPHE) has created and is marketing a proprietary video/voice Internet softphone called ImagePhone. iPhone2 continues in the forefront of the VoIP market with technology developments for Service Providers and Business Enterprise applications.

Charys Holdings Company (OTCBB: CHYS) has achieved substantial growth through acquisition and operational integration of businesses, focusing in the Integrated Infrastructure Services market. Under the terms of the agreement, through their subsidiaries and strategic relationships, Charys Holdings will provide infrastructure and additional marketing support whereby iPhone2 can rapidly deliver its proprietary Video/VoIP services to new markets.

Charles Greenberg, iPhone2's President and CEO, said, "Having this agreement is expected to significantly accelerate the growth of iPhone2. Charys Holdings Company's professionalism, technology expertise and record of success will allow us to reach jointly targeted markets with our expanding product line. We expect to develop significant distribution opportunities for iPhone2 through Charys' existing platform of subsidiaries and customers."

Michael Oyster, President of Charys Holdings Company, said, "The management of iPhone2 has very compelling business opportunism in their portfolio that can benefit greatly from the wide range of infrastructure services of the Charys family of companies. With iPhone2's unique VoIP platform we have the opportunity to jointly develop some incredible services that will enhance value to our customers. We expect iPhone2's VoIP services with video will offer a great new revenue stream for our Companies."

Billy Ray Jr., CEO of Charys, commented: "The iPhone2 technology platform fills an immediate need our customers have for advanced communications services. We will be able to quickly introduce new services throughout each of our business platforms. As an example of our cross business strategy, VoIP is one of those growing market services in strong demand and synergistic throughout our subsidiary's customer opportunities."

The Companies are targeting the launch of their first joint project in October, 2006.

About iPhone2, Inc.

iPhone2, Inc. www.iPhone2.com (PINKSHEETS: IPHE) is an enhanced service provider that developed and markets a unique video/voice soft phone, ImagePhone. The Company's service is the Next Generation of soft phone technology, allowing customers to make and receive unlimited point-to-point video/voice calls from anywhere in the world where there is Internet service. ImagePhone was developed to be straightforward, user friendly and is integrated into a robust carrier grade redundant VolP Platform for feature rich services and scalability. The service can be scaled to large levels with minimum personnel requirements and no constraining end-user hardware.

For more information, please visit www.iPhone2.com, or info@iphone2.com, 561 636-4040

About Charys Holding Company, Inc.

Headquartered in Atlanta, Georgia, Charys Holding Company, Inc. (OTCBB: CHYS) is a publicly traded company focusing on the fragmented and underserved segment referred to as The Integrated Infrastructure Services Segment. This segment is fundamentally focused on environmental remediation and on upgrading the underpinning, infrastructure, and back office operations of the telecommunication, cable, electric, and Internet industries serving consumers, businesses and government entities. Charys' principle strategy is to acquire, through mergers and acquisitions, companies that support this underserved segment. Charys subsidiaries include: Viasys Services, Inc., Personnel Resources of Georgia, Inc., Method IQ, Inc., CCI Telecom, Inc., Digital Communication Services, Inc., Ayin Holding Company, Inc. and Crochet & Borel Services, Inc.

For more information about Charys visit http://www.charys.com.

NOTE: The names of actual companies and products mentioned herein may be the trademarks of their respective owners.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. Although iPhone2 believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any assumption could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be correct. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion should not be regarded as a representation by iPhone2 or any other person that the objective and plans of iPhone2 will be achieved.

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