SOURCE: Market Pulse

May 03, 2005 08:30 ET

Market Pulse Breaking News Alert for Tuesday, May 3, 2005: TLPE - TelePlus Expands Its Distribution of VoIP Products

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

ATLANTA, GA -- (MARKET WIRE) -- May 3, 2005 -- Market Pulse News Alert for this AM, Stocks to Watch are: TelePlus Enterprises, Inc. (OTC BB: TLPE), Sirius Satellite Radio Inc. (NASDAQ: SIRI), NeoMedia Technologies Inc. (OTC BB: NEOM), and Powerwave Technologies Inc. (NASDAQ: PWAV).

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 before today's opening bell regarding its subsidiary is expanding its distribution of VoIP products to more stores! 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 its subsidiary TelePlus Retail Services, Inc. ("TelePlus Retail") is expanding its distribution of VoIP products to more stores. In a news release dated November 5th, 2004, TelePlus announced an agreement to distribute in select locations the TeliPhone™ products. Following a successful introduction in select locations, TelePlus will expand distribution of the TeliPhone™ products to additional stores and kiosks currently supported by the TeliPhone™ geographic coverage area.

With the decision of expanding distribution of the TeliPhone™ products, TelePlus Retail will also introduce additional, alternate VoIP products in select locations as it continues to offer Canadian consumers a range of current and emerging communication technology offerings.

"The increased presence of VoIP products in our stores is part of our intent to capitalize on the rising customer demand for the product while continuing to position ourselves as a destination of choice for wireless and telecommunication products," stated company President & COO Kelly McLaren.

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") 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 acting well as of late include: Sirius Satellite Radio Inc. (NASDAQ: SIRI), NeoMedia Technologies Inc. (OTC BB: NEOM), and Powerwave Technologies Inc. (NASDAQ: PWAV).

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: two hundred thousand free trading shares of stock in TelePlus Enterprises, Inc., already delivered from a third party shareholder. To date, MP has sold one hundred sixty thousand shares of stock in TelePlus Enterprises, Inc. for proceeds totaling thirty six thousand one 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 News Alert is a division of MP.

Contact Information