SOURCE: Innofone.com, Inc.

May 01, 2007 08:30 ET

Innofone CEO to Participate in Red Herring Spring '07 Conference, "10 Years of Innovation and Disruption"

SANTA MONICA, CA -- (MARKET WIRE) -- May 1, 2007 -- Innofone.com, Inc. (OTCBB: IMEN), a leader in developing products and services for the New Internet (IPv6), today announced the Company's Chief Executive Officer, Alex Lightman, will be participating in the Red Herring Spring 2007 conference, "10 Years of Innovation and Disruption," May 1-3, 2007 in Monterey, California. Mr. Lightman will participate in the roundtable discussion 'Tomorrow's Smart Web,' Thursday, May 3, 2007 at 5:15 PM Pacific Time.

"10 Years of Innovation and Disruption" will gather over 400 CEOs, venture investors, government officials and senior corporate business development executives for its annual Red Herring Spring conference on May 1-3 at the Hyatt Regency Hotel, Monterey, California. Red Herring Spring 2007 will feature presentations from the Red Herring 100 North America Award winners, and keynote addresses from VC investors and CEOs of leading Internet, information and communications corporations. There will be roundtable sessions as well as numerous opportunities for conference attendees to meet and interact with their peers.

Alex Lightman, chief executive officer of Innofone.com, stated, "Red Herring has gathered some of the most innovative new technology companies for this Conference, and I am pleased that Innofone has the opportunity to be among them. I will be discussing the ways in which IPv6 will enhance Internet security by utilizing the vast number of IP addresses to track individual documents and programs as well as the mobile messaging, video on the Internet and enhanced software capabilities. I look forward to meeting with executives from these new technology companies, in addition to members of the investment community, to further educate them on IPv6 and how Innofone is monetizing this burgeoning opportunity."

About Red Herring:

Red Herring is a global media company which unites the world's best high technology innovators, venture investors and business decision makers in a variety of forums: a leading innovation magazine, an online daily technology news service, technology newsletters and major events for technology leaders around the globe. Red Herring provides an insider's access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy. More information about Red Herring is available on the Internet at www.redherring.com.

Red Herring hosts 10 events in 2007 around the globe -- from Beijing to Budapest to Kyoto to Monterey, CA to Cannes. Red Herring events have long delivered clear and intelligent insight into the critical trends shaping the future of technology. We bring together industry leaders, venture capitalists and other financiers, entrepreneurs and our own business intelligence team to share ideas and present our research-based discoveries. Attendees explore the strategic shifts and disruptions that new technologies will have across the globe. For more information, go to www.redherring.com/events.

About Innofone.com, Inc:

Innofone.com, Inc. (OTCBB: IMEN), with its wholly owned subsidiary, IPv6 Summit, Inc., is currently the only U.S. public company to focus on Internet Protocol version 6 (IPv6). Innofone.com offers a broad range of products related to IPv6 for government and commercial customers, organizes world-class conferences, and offers training, testing and consulting services. For more information, see www.innofone.com and www.usipv6.com.

IPv6, also known as The New Internet, is a major upgrade to the existing Internet (Internet Protocol version 4, in service since 1973), and offers always-on security, high-quality TV-over-Internet and other important new features that will profoundly influence a broad range of consumer, commercial and military systems. The Office of Management and Budget (OMB) recently mandated IPv6 for use by the U.S. Federal Government, joining the U.S. Department of Defense, which has already started transitioning to the new format.

SAFE HARBOR ACT DISCLAIMER NOTICE

"SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: The statements contained in this release which are not historical facts are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks and uncertainties include the Company's entry into new commercial businesses, the risk of obtaining financing, recruiting and retaining qualified personnel, and other risks described in the Company's Securities and Exchange Commission filings. The forward looking statements in this press release speak only as of the date hereof, and the Company disclaims any obligation to provide updates, revisions or amendments to any forward looking statement to reflect changes in the Company's expectations or future events.

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