SOURCE: TelePlus Enterprises, Inc.

October 11, 2006 06:30 ET

TelePlus Adds 16,000 New Points of Distribution for Its MX Mobile Product by Partnering With Blackstone

MONTREAL -- (MARKET WIRE) -- October 11, 2006 -- TelePlus Enterprises, Inc. (OTCBB: TLPE) (FRANKFURT: YT3) ( ("TelePlus" or the "Company") 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.

Listen to our Q2 webcast at:

To view the RedChip™ Visibility Research Report, please visit:

To view the most recent video interview with CEO, please visit:

To view the Wall Street Research Report & Analyst Interview, please visit:



To view our most recent Investology research report, please visit:

Listen to our Q1 webcast at:

To view the CEO interview on the floor of the AMEX, please visit:

To view the most recent trader's report on TelePlus, please visit:

The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties, including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development and acquisition of new product lines and services, government approval processes, the impact of competitive products or pricing from technological changes, the effect of economic conditions and other uncertainties, and the risk factors set forth from time to time in the Company's SEC reports, including but not limited to its annual report on Form 10-KSB; its quarterly reports on Forms 10-QSB; and any reports on Form 8-K. TelePlus Enterprises, Inc. takes no obligation to update or correct forward-looking statements.

Contact Information