SOURCE: TelcoBlue, Inc.

January 28, 2008 09:32 ET

TelcoBlue, Inc. Begins Sales of Damsonite to the $62 Billion Jewelry Industry Under Marketing Agreement With Damsonite International, LLC

LEXINGTON, KY--(Marketwire - January 28, 2008) - TelcoBlue, Inc. (PINKSHEETS: TBLU) is pleased to announce that the Company, under its marketing agreement with Damsonite International, LLC, has initiated sales of the rare gemstone damsonite, which in its introduction brought $50-170 per carat at wholesale prices, depending on the quality of the stone. The Company is currently selling raw damsonite stones to jewelers, as well as producing finished gemstones and jewelry for sale to distributors worldwide.

It is estimated that less than five million people in the world will be able to own a piece of damsonite jewelry due to its limited quality and rarity. Referred to as "the diamond of the desert," Damsonite has all of the desired qualities required to be considered an exclusive "new classic." Other gems in this category include tanzanite, tourmaline, aquamarine, imperial topaz, and tsavorite garnet, which currently sell for approximately $50 to $1,000 per carat depending on quality.

"These initial sales are a positive indicator of what we have to look forward to as we make an impact in the jewelery industry. Damsonite is an impressive stone and these sales reflect the opportunities that wait for us at highend department stores as we continue selling and marketing damsonite in the $62 billion jewelry industry," stated Jim Turek, CEO of TelcoBlue, Inc.

TelcoBlue, Inc. recently announced that the Company has signed a Letter of Intent to acquire exclusive licensing rights to Done in Sixty Seconds™ (DISS), a company that developed a new technology for online video creation that allows customers to design and order a customized Web advertising video. The Letter of Intent gives TelcoBlue, Inc. the exclusive rights for the sales and marketing of DISS' products.

About TelcoBlue, Inc.:

TelcoBlue, Inc.'s mission is to develop and acquire undervalued companies that have innovative technology that will potentially increase the growth of the Company. TelcoBlue, Inc. continues to seek out and capitalize on emerging technologies that will change the electronics community.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements, other than the statements of historical facts, contained in this release which are not historical facts may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risk and uncertainties, including, without limitation, demand and competition for the Company's products and services, the availability to the Company of adequate financing to support its anticipated activities, the ability of the Company to generate cash flow from operations and the ability of the Company to manage its operations.

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