SOURCE: Elephant Talk Communications

Elephant Talk Communications

September 21, 2010 04:00 ET

T-Mobile Netherlands Launches Ben Prepaid on Elephant Talk Communications' MVNE Platform

SCHIPHOL, THE NETHERLANDS--(Marketwire - September 21, 2010) -  Elephant Talk Communications, Inc. (OTCBB: ETAK) (www.elephanttalk.com), an international provider of business software and services to the telecommunications and financial services industry, announced today that as part of its Mobile Virtual Network Operating (MVNO) hosting agreement with T-Mobile Netherlands BV (www.t-mobile.nl), one of the country's largest mobile operators, T-Mobile is launching new prepaid services under its own Ben brand (www.ben.nl) through multiple distribution channels, along with other increased functionalities to the Dutch consumer market. The new initiative of T-Mobile Netherlands operates on Elephant Talk's Mobile Virtual Network Enabling (MVNE) platform.

"Within just a few months of announcing our hosting agreement with T-Mobile Netherlands the project is introducing a full range of very attractive services to the Dutch market, demonstrating the effectiveness and flexibility for which the Elephant Talk's mobile convergent platform had been selected by T-Mobile," said Steven van der Velden, Chief Executive Officer and Chairman of Elephant Talk.

Elephant Talk's mobile telecom platform is an integrated system that is cost-effective, simple and flexible to operate. "Enabling prepaid services through multiple distribution channels with new recharge options, promotions and bundles, has proven to be possible on the Elephant Talk platform," said Hendrik Kasteel, Marketing Director of T-Mobile Netherlands. "This is what we envisioned when contracting Elephant Talk for Ben Prepaid. And it is just the beginning of what this partnership will bring to the market."

Martin Zuurbier, Chief Technical Officer of Elephant Talk Communications, explained: "We are very pleased to see that our strategy meets the expectations of T-Mobile. Although we created many client specific features, our convergent Mobile platform shows itself to be a truly flexible framework for configuring a variety of bespoke service combinations. We believe it will help Ben Prepaid gain significant market share in The Netherlands. The platform also proves that an MVNE platform is not only there to support MVNOs but also to help out the MNOs. We expect that the collaboration with T-Mobile Netherlands will lead to increased hosting services of the different MNO products and services."

Mr. Zuurbier noted since announcing Elephant Talk's hosting agreement with T-Mobile Netherlands in May 2010 that other MNO's have shown serious interest in using the flexible, fully integrated solutions that are provided by the company's MVNE platform and expects to announce more new initiatives in the near future.

About T-Mobile

4.4 million consumers and business customers in The Netherlands use the mobile solutions of T-Mobile (by July 1, 2010). In 2009 T-Mobile Netherlands had a turnover of 1.807 billion Euros. T-Mobile Netherlands BV is part of Deutsche Telekom AG, one of the world's leading companies in communications. T-Mobile owns a state of the art mobile network for voice and data services. With regard to quality and speed it is one of the best and most innovative networks in Europe.

About Ben

Ben is a provider of prepaid and postpaid services. Ben is a trademark of T-Mobile Netherlands B.V. and uses the mobile network of T-Mobile. With Ben you are not committed to a 1 or 2 year subscription. You stay as long as you want. More information is available at www.ben.nl.

Ben cares for a better environment and a healthy future for next generations. Therefore, Ben is partner of GSM Retourplan (www.gsmretourplan.nl) and asks you to return your old, used mobile phone. GSM Retourplan ensures you that your old handset will be recycled responsibly or will have a second life.

About Elephant Talk Communications

Elephant Talk Communications, Inc. (OTCBB: ETAK) is an international provider of business software and services to the telecommunications and financial services industry. The company enables both mobile carriers and virtual operators to offer a full suite of products, delivery platforms, support services, superior industry expertise and high quality customer service without substantial upfront investments from clients. Elephant Talk provides global telecommunication companies, mobile network operators, banks, supermarkets, consumer product companies, media firms, and other businesses a full suite of products and services that enables them to fully provide telecom services as part of their business offerings. The company offers various dynamic products that include remote health care, credit card fraud prevention, mobile internet ID security, multi-country discounted phone services, loyalty management services, and a whole range of other emerging customized mobile services. For more information visit www.elephanttalk.com.

Forward-Looking Statements

Certain statements contained herein constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may include, without limitation, statements with respect to Elephant Talk Communications, Inc.'s plans and objectives, projections, expectations and intentions. These forward-looking statements are based on current expectations, estimates and projections about the Company's industry, management's beliefs and certain assumptions made by management. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Because such statements involve risks and uncertainties, the actual results and performance of the Company may differ materially from the results expressed or implied by such forward-looking statements. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Unless otherwise required by law, the Company also disclaims any obligation to update its view of any such risks or uncertainties or to announce publicly the result of any revisions to the forward-looking statements made here. Additional information concerning certain risks and uncertainties that could cause actual results to differ materially from that projected or suggested is contained in the Company's filings with the Securities and Exchange Commission (SEC), copies of which are available from the SEC or may be obtained upon request from the Company.

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