SOURCE: VOIP5000, Inc.

February 23, 2007 08:23 ET

Minnesota Timberwolves Choose VOIP5000's Clixme Click to Call Service

PROVIDENCE, RI -- (MARKET WIRE) -- February 23, 2007 -- VOIP5000, Inc. (PINKSHEETS: VPFI) (FRANKFURT: VQC1) , a provider of click to call services under the Clixme name as well as other VoIP applications for online businesses, announced today that the NBA's Minnesota Timberwolves have chosen Clixme as their click to call service provider.

"We are happy to welcome one of the most recognized names in the NBA," said CEO Fotis Georgiadis. "This is yet another example of how versatile Clixme can be, integrating into just about any type of online business," he continued.

The Tiberwolves are currently leveraging Clixme's click to call service as an added means of contact for fans wishing to purchase tickets. If a prospective ticket buyer had any questions or wished to conduct a transaction for tickets offline, using the Clixme service would put them on the phone with a ticket representative in less than a minute.

"Having looked at several of the click to call providers, we ultimately felt that the service offering from Clixme was the best fit for our organization," said Joe Harbinson, consultant for the Timberwolves.

About The Minnesota Timberwolves

The Timberwolves have been a member of the National Basketball Association (NBA) since the 1989-90 season. The team is headquartered in Minneapolis, Minnesota and play in the Target Center.

About VOIP5000, Inc.

VOIP5000, Inc. (PINKSHEETS: VPFI) develops and markets VoIP applications and services for business and consumer use. Its flagship service, Clixme.com, provides click to call services to businesses in the U.S. and Canada. Businesses can sign up and find out more about Clixme at http://www.clixme.com.

Note: All statements, other than statements of fact, included in this release, may include forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company cautions that such matters necessarily involve significant risks and uncertainties that could cause actual operating results to differ materially from such statements, including, without limitation: (i) competition, (ii) fluctuations in demand and supply of our target markets, including Internet-based telephone operations (iii) risks associated with new business ventures. Investors are advised to seek professional advice and conduct a complete due diligence regarding this, or any other company being considered for investment purposes. Investing in securities, particularly in issues priced at less than $1 per share, involves substantial risk and may result in a partial or complete loss of investment capital. Press releases issued by the company should not be interpreted as an offer to sell or a solicitation to buy company stock.

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