SOURCE: Market Pulse

August 30, 2005 08:30 ET

Market Pulse Breaking News Alert for Tuesday, August 30, 2005: TLPE - TelePlus Preliminary Results for July -- Sales Doubled to $2.3M for the Month Generating Positive EBITDA From Operations!

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Market Pulse.

ATLANTA, GA -- (MARKET WIRE) -- August 30, 2005 -- Market Pulse News Alert for this AM, Stocks to Watch are: TelePlus Enterprises, Inc. (OTC BB: TLPE), Novavax, Inc. (NASDAQ: NVAX), Capstone Turbine Corp. (NASDAQ: CPST) and SanDisk Corp. (NASDAQ: SNDK).

Investors need to be watching TelePlus Enterprises, Inc. (OTC BB: TLPE) this AM! TelePlus is a vertically integrated provider of wireless and landline products and services across North America. The Company's retail division -- TelePlus Retail Services, Inc. -- owns and operates a national chain of TelePlus branded stores in major shopping malls, selling a comprehensive line of wireless and portable communication devices. TelePlus Wireless, Corp. operates a virtual wireless network selling cellular network access to distributors in the United States. TelePlus Connect, Corp. is a reseller of landline and long distance services including internet services. TLPE has had several excellent news announcements out lately and one again after Monday's bell announcing that preliminary results for July indicate the company's consolidated revenues more than doubled reaching $2.3M (104% increase) as compared to $1.1M for the same month a year ago! Investors should be watching this one closely!

TelePlus Enterprises, Inc. (OTC BB: TLPE) (http://www.teleplus.ca), a vertically integrated provider of wireless and landline communications products and services across North America, is pleased to announce that preliminary results for July indicate the Company's consolidated revenues more than doubled reaching $2.3M (104% increase) as compared to $1.1M for the same month a year ago. The Company also generated a positive EBITDA from Operations (defined as earnings before depreciation, amortization, interest, taxes and corporate overhead) of $89k compared to a negative EBITDA of $55,145 the same month a year ago.

"We are very satisfied with the July results. These results reflect the integration of the recently completed acquisitions to our core business increasing our revenue run rate to around $30M per annum. We have also reached in July a very important milestone in reaching positive EBITDA from Operations," stated Marius Silvasan, company CEO. "As we complete the integration of the companies we recently acquired and focus on organic growth, we anticipate that both our revenues and earnings will increase."

About TelePlus http://www.teleplus.ca

TelePlus Enterprises, Inc. ("TelePlus") is a vertically integrated provider of wireless and landline products and services across North America. The Company's retail division -- TelePlus Retail Services, Inc. -- owns and operates a national chain of TelePlus branded stores in major shopping malls, selling a comprehensive line of wireless and portable communication devices. TelePlus Wireless, Corp. operates a virtual wireless network selling cellular network access to distributors in the United States. TelePlus Connect, Corp. is a reseller of landline and long-distance services including internet services.

Stocks in the news and acting well as of late include: Novavax, Inc. (NASDAQ: NVAX), Capstone Turbine Corp. (NASDAQ: CPST) and SanDisk Corp. (NASDAQ: SNDK).

Information contained herein is the opinion of Market-Pulse.com ("MP") and is intended to be used strictly for informational purposes. You should be aware that MP attempts to assure itself of the accuracy of the information contained in the analyses it publishes. In this regard, MP does, at times, rely on the accuracy of information supplied to it by the companies which are the subject of MP's analyses and/or parties related to those companies. MP also relies on the accuracy and integrity of information that is contained in company press releases and reports filed with the SEC. The companies mentioned in this publication have not approved the content or timing of the information being published unless otherwise noted.

MP, because it relies on information supplied by various third parties disclaims any responsibility for the accuracy of such information. Any investor considering making an investment in any security which has been the subject of a MP analysis or opinion should, before making any such investment, consult with his/her market professional and/or do his/her own independent research regarding the company which is the subject of an MP opinion, recommendation or analysis. Information regarding companies which MP has opined upon is normally available from many sources including the subject company's filings with the SEC and various press releases issued by the company.

You should be aware that MP is often compensated for issuing analyses, recommendations or opinions concerning particular companies. Its opinion is therefore not unbiased and you should consider this factor when evaluating MP's statements regarding a company. MP has been compensated in free trading shares of common stock, available for public trading as follows: TelePlus Enterprises, Inc. compensation from a third-party shareholder: five hundred twenty-five thousand free trading shares of stock in TelePlus Enterprises, Inc., already delivered from a third-party shareholder. To date, MP has sold three hundred twenty-five thousand shares of stock in TelePlus Enterprises, Inc. for proceeds totaling ninety-one thousand and five hundred dollars. MP has contracted to receive an additional three hundred thousand free trading shares of TelePlus Enterprises, Inc. from a third-party shareholder but has not yet received these shares. MP's officers and directors reserve the right to buy additional shares of the companies discussed in this opinion and may profit in the event those shares rise in value. When MP receives free trading shares as compensation for a profiled company, MP may sell part or all of any such shares during the period in which MP is performing such services. Market-Pulse.com and Market Pulse Breaking News Alert are owned by Market Pulse LLC.

Contact Information