SOURCE: TelcoBlue, Inc.

January 19, 2007 08:30 ET

TelcoBlue, Inc. Posts 2005 Audited Financials

Company Increases Net Income $779,745 for 2005

LEXINGTON, KY -- (MARKET WIRE) -- January 19, 2007 -- TelcoBlue, Inc. (PINKSHEETS: TBLU) is pleased to announce that the Company has posted their 2005 audited financials. The Company showed a net income of $246,382 for 2005, whereas in 2004 the Company lost over $1 Million. In addition, the Company was able to eliminate their outstanding debt of $536,264 in 2005 and is now debt free.

During 2005, the Company entered into settlement agreements with various vendors that resulted in the reduction of its outstanding debt of $536,264. This forgiveness of debt has been included as other income in the statement of operations. TelcoBlue, Inc. reduced their general and administrative operating expenses by $695,594 from $985,476 in 2004 to $289.882 for 2005.

"The Company is very pleased to provide the financial community with the audited financials for 2005. We are working towards having our audited financials current and plan on having the quarterly financials for 2006 available soon," stated Jim Turek, President and CEO of TelcoBlue, Inc.

About TelcoBlue, Inc.:

TelcoBlue, Inc., a Nevada corporation, is a professional photo packaging operation, specializing in wedding albums, baby albums and photo mounts.

This press release contains "forward-looking statements." Forward-looking statements are statements concerning plans, objectives, goals, strategies, expectations, intentions, projections, developments, future events, or performance, underlying (expressed or implied) assumptions and other statements that are other than historical facts. These forward-looking statements are only predictions. No assurances can be given that such predictions will prove correct. Actual events or results may differ materially. Forward-looking statements should be read in light of the cautionary statements and risks that include, but are not limited to, the risks associated with a small company, our comparatively limited financial resources, and other factors that may adversely impact us. These or other risks could cause actual results to differ materially from the future results indicated or implied in such forward-looking statements. We undertake no obligation to update or revise such statements to reflect events, circumstances, or new information after the date of this press release or to reflect the occurrence of unanticipated or other subsequent events.

Contact Information

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    Source: TelcoBlue, Inc.