SOURCE: Market Pulse

July 19, 2005 08:30 ET

Market Pulse Breaking News Alert for Tuesday, July 19, 2005: TLPE - TelePlus Reports Preliminary Q2 Revenues of $3.38M, 37.4% Gain Over Last Year; YTD Revenues of $6.34M (30.9% Gain)!

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

ATLANTA, GA -- (MARKET WIRE) -- July 19, 2005 -- Market Pulse News Alert for this AM, Stocks to Watch are: TelePlus Enterprises, Inc. (OTC BB: TLPE), Host America Corp. (NASDAQ: CAFE), Geron Corp. (NASDAQ: GERN) and Eden Energy Corp. (OTC BB: EDNE).

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 at Monday's bell regarding reporting their preliminary Q2 numbers! "We had a great second quarter in many respects," stated company CEO, Marius Silvasan. 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, today announced that second quarter consolidated results indicate revenues of $3.38 million, representing a 37.4% increase over the same period last year in which the company reported revenues of $2.46 million. Wireless revenues represented 83.6% (or $2.83M) of total revenues while Telecom revenues represented the balance of 16.4% or ($554k).

The company completed 3 acquisitions during the quarter which in the aggregate represented 16.4% of total revenues (or $554k) during the quarter. The company also closed a 4th acquisition effective the last day of the quarter. The company anticipates revenues from these acquisitions to reach $15.6M on an annual basis.

Six Months YTD consolidated results reached $6.34 million representing a 30.9% increase over the same period last year in which the company reported revenues of $4.84 million. Wireless revenues represent 91.3% (or $5.79M) of these revenues while Telecom revenues represent the balance of 8.7% or ($554k).

"We had a great second quarter in many respects,'' stated company CEO, Marius Silvasan. "First we completed 4 strategic acquisitions during the quarter gaining $15.6M in revenue, second we continued to grow organically our core business, third we initiated with success the integration of the acquired businesses and finally we signed important distribution agreements for our wireless products. We are very well positioned to outperform our original expectations for the third quarter and remainder of the year,'' added Silvasan.

The company's second quarter financials will be disclosed mid-August.

Investors are asked to e-mail all questions and correspondence to TLPE@agoracom.com where they can also request to be added to the TelePlus investor e-mail list to receive all future press releases and updates directly.

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: Host America Corp. (NASDAQ: CAFE), Geron Corp. (NASDAQ: GERN) and Eden Energy Corp. (OTC BB: EDNE).

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: three 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'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