SOURCE: Market Pulse

October 11, 2006 08:45 ET

Market Pulse Breaking News Alert for Wednesday, October 11, 2006: TLPE -- TelePlus Adds 16,000 New Points of Distribution for Its MX Mobile Product by Partnering With Blackstone!

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

ATLANTA, GA -- (MARKET WIRE) -- October 11, 2006 -- Market Pulse News Alert for this AM, Stocks to Watch are: TelePlus Enterprises, Inc. (OTCBB: TLPE), Oracle Corp. (NASDAQ: ORCL), Intel Corp. (NASDAQ: INTC) and Generex Biotechnology Corp. (NASDAQ: GNBT).

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 its wholly owned subsidiary, Maximo Impact, Inc. has signed an agreement with Blackstone, a pioneer of the prepaid telecommunications industry! Investors should be watching this one closely!

TelePlus Enterprises, Inc. (OTCBB: TLPE) ( is pleased to announce that its wholly owned subsidiary, Maximo Impact, Inc. has signed an agreement with Blackstone, a pioneer of the prepaid telecommunications industry. Blackstone is currently one of the country's largest providers of prepaid products and services with thousands of POSA and retail locations nationwide. As part of the agreement, MX Mobile handsets and reload cards will be available on Blackstone's patented touch screen retail solution, Touch-n-Buy™, currently installed at over 5,200 merchant locations in key US markets servicing MX Mobile's core client base, which includes unbanked/underbanked consumers, teens, recent immigrants and students. In addition, Blackstone has over 11,000 POSA terminals located where MX pins can be purchased.

"The addition of these new points of distribution totaling over 16,000 significantly increases our footprint. Blackstone is one of the leading providers of prepaid products and this partnership will certainly increase the visibility of the MX Mobile products which should have a direct effect on generating new distribution contacts and adding subscribers to our base," commented Rich Stupansky, President of Maximo Impact, Corp. "The agreement with Blackstone is one among various strategic relationships we are currently developing. We intend to capitalize on the positive response we've seen to date from distributors around the country and position the MX brand as a leader in the marketplace. Company-wide, we now have over 76,000 points of distribution servicing our Liberty and MX customers," commented Marius Silvasan, TelePlus' CEO.

About TelePlus Enterprises, Inc. (OTCBB: TLPE)

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,, and among others.

About Maximo Impact, Corp.

Maximo Impact, Corp. specializes in marketing and distribution as an MVNO (Mobile Virtual Network Operator) in the US and resells pay-as-you go wireless service under the MX Mobile brand to mass merchandisers, general retailers and c-channel retailers calling on convenience stores and gas stations. The company is based in Cleveland, Ohio.

Stocks in the news and acting well as of late include: Oracle Corp. (NASDAQ: ORCL), Intel Corp. (NASDAQ: INTC) and Generex Biotechnology Corp. (NASDAQ: GNBT).

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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: seven hundred sixty seven thousand free trading shares of stock in TelePlus Enterprises, Inc., already delivered from a third party shareholder. In addition, MP has been compensated thirty eight thousand seven hundred fifty dollars from TelePlus Enterprises, Inc. In addition, MP also has seventeen thousand five hundred dollars pending in cash or stock from the company or a third party shareholder. To date, MP has sold seven hundred sixty seven thousand shares of stock in TelePlus Enterprises, Inc. for proceeds totaling two hundred eight thousand seven 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. and Market Pulse Breaking News Alert are owned by Market Pulse LLC.

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