SOURCE: Market Pulse

October 10, 2006 08:45 ET

Market Pulse Breaking News Alert for Tuesday, October 10, 2006: TLPE - TelePlus Partners With FaithFone Wireless to Offer Faith-Based Branded Mobile Phone!

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

ATLANTA, GA -- (MARKET WIRE) -- October 10, 2006 -- Market Pulse News Alert for this AM, Stocks to Watch are: TelePlus Enterprises, Inc. (OTCBB: TLPE), Amkor Technology Inc. (NASDAQ: AMKR), Apple Computer Inc. (NASDAQ: AAPL) and Google Inc. (NASDAQ: GOOG).

Investors need to be watching TelePlus Enterprises, Inc. (OTCBB: TLPE) this AM! TelePlus Enterprises is a provider of Wireless and Telecom products and services across North America. These products and services are provided through their wholly owned subsidiaries. TelePlus Wireless, Corp. operates a prepaid Mobile Virtual Network Operator (MVNO) under the Liberty Wireless brand, which it acquired from Star Number, Inc., a wholly owned subsidiary of InPhonic, Inc., on December 29, 2005. The company concentrates on reselling services carried over the Sprint Nationwide PCS Network, which reaches more than 250 million people in more than 4,000 cities and communities in the U.S. Maximo Impact operates a pay-as-you-go MVNO under the MX Mobile brand. Maximo Impact will also distribute Liberty Wireless products, which cater to the unbanked users in the United States and are primarily available via online distribution. TelePlus Connect, Corp. is offering landline, long distance and internet prepaid services to selected individuals in Canada who cannot obtain basic telecom services from traditional telecom carriers. Current estimates place the unbanked market in North America at 9.5% of total households and the market size is estimated at over $1 billion. TelePlus Connect is also the backbone of Bell Canada's Internet Dial Up service offered nation wide. The wireless industry is a vast and fast growing industry of the telecommunications sector. Prepaid wireless is the fastest growing segment within the wireless industry. In the US alone, this segment will grow from $10 billion in 2005 to $32 billion by 2008. TelePlus' 2006 business plan according to its previous estimates is to set a goal for the company to reach US $30 million in revenue and positive EBITDA for fiscal 2006, and the company is well on its way to reaching those numbers. TLPE has had several excellent news announcements out lately and one again before today's opening bell announcing that they will be partnering with FaithFone Wireless to offer a faith-based branded mobile phone! This could be great news for investors!

TelePlus Enterprises, Inc. (OTCBB: TLPE) (http://www.teleplus.ca) is pleased to announce that its wholly owned subsidiary, TelePlus Wireless, Corp. has entered into an agreement with FaithFone Wireless, a Phoenix-based purpose-driven Christian mobile phone company and began offering a faith-based branded mobile phone commercialized under the FaithFone brand name. Once deployed, this phone will become the first-ever faith-based mobile phone on the market to deliver Daily Devotionals, Bible passages, Prayer of the Day, Life Advice, and like-minded entertainment content via short messaging service.

"This product fits a specific need in the marketplace. The Faith community is a very large and diverse group and we're proud to partner with FaithFone Wireless which is backed by Christian leaders and professionals who have nearly 50 years of experience in broadcast communications, television, radio, cable, satellite, internet, and wireless industries. FaithFone Wireless will work with local churches and ministries to market this product to their community and grow the customer base for TelePlus. The faith community represents one of the largest niches in the market and they currently share their affinities through a variety of other mediums such as TV, Radio and Internet; mobile telecom is the next step in their evolution," commented Marius Silvasan, TelePlus' CEO.

FaithFone can be purchased at: http://www.faithfonewireless.com

TelePlus is also pleased to announce that the Company is featured in an article by RedChip. The article's headline "Going Mobile: The Story of a Telecom Company That's Found a Lucrative, Large Niche -- and Profits" gives an in-depth look at the growing wireless prepaid industry and discusses the market niche TelePlus has carved for itself. "This article is a must-read for any investor taking a serious look at TelePlus. It discusses the massive business opportunity for TelePlus to grow in the prepaid market," commented Marius Silvasan, TelePlus' CEO.

The full article can be accessed at: http://www.redchip.com/loadExternal.asp?extPageEnc=4676A6DM743073M6564696A7153M717073757430L4D51464FM78746DM7575M7J2313137J3131372F716567

About TelePlus Enterprises, Inc. (OTCBB: TLPE) http://www.teleplus.ca

TelePlus Enterprises, Inc. ("TelePlus") is a diversified North American telecommunications company with offices in Miami, Florida; Cleveland, Ohio; Montreal, Quebec; and Barrie, Ontario. TelePlus was founded in 1999 and it has since become a leading provider of wireless and telecommunications products and services across the U.S.A. and Canada. In October 2003, TelePlus became a publicly traded Company on the OTCBB under the symbol TLPE and since then it has continued to grow organically and through strategic acquisitions. The company's wholly owned subsidiaries include TelePlus Wireless, Corp. which operates a prepaid MVNO (Mobile Virtual Network Operator) under the Liberty Wireless brand; Maximo Impact, Corp. which operates a pay-as-you-go MVNO under the MX Mobile brand and TelePlus Connect, Corp. which resells landline, long distance and internet services under the Telizon, Freedom and Liberty brands. The company's websites include www.libertywireless.com, www.vivaliberty.com, www.maximoimpact.com and www.telizon.biz among others.

Stocks in the news and acting well as of late include: Amkor Technology Inc. (NASDAQ: AMKR), Apple Computer Inc. (NASDAQ: AAPL) and Google Inc. (NASDAQ: GOOG).

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