SOURCE: iPhone2, Inc

April 18, 2006 09:30 ET

iPhone2, Inc. Announces Appointment of Independent Public Accountants

ALBUQUERQUE, NM -- (MARKET WIRE) -- April 18, 2006 --iPhone2, Inc. (OTC: IPHN), today announced that it has appointed Sherb & Co., LLP ("Sherb") as its independent registered public accounting firm. Sherb will begin the audit for the Company's financial statements for the years ending December 31, 2005 and December 31, 2004 this month.

Charles Greenberg, iPhone2's President and CEO, stated, "We are pleased with the appointment of Sherb & Co., LLP as the Company's independent registered public accounting firm. Completing our audit is an important part of the fiscal policies our CFO Mr. Osvaldo Pitters is implementing to insure the Company is US GAAP Compliant."

About iPhone2, Inc.

iPhone2 is an enhanced service provider that markets a proprietary video/voice Softphone called ImagePhone. ImagePhone is the Next Generation of Internet Video/Voice communications. The Product delivers broadcast quality (30 frames per second) video to customers utilizing MPEG4 technology. iPhone2 customers can place unlimited peer-to-peer video/voice calls, as well as place PC-telephone calls from anywhere in the world using a standard broadband connection over the Company's robust, carrier grade VoIP platform.

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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.

Contact Information

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    iPhone2, Inc.
    (561) 862-5940
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