SOURCE: TelePlus Enterprises, Inc.

October 10, 2006 06:30 ET

TelePlus Partners With FaithFone Wireless to Offer Faith-Based Branded Mobile Phone

MONTREAL -- (MARKET WIRE) -- October 10, 2006 -- TelePlus Enterprises, Inc. (OTCBB: TLPE) (FRANKFURT: YT3) (www.teleplus.ca) ("TelePlus" or the "Company") is pleased to announce that its wholly owned subsidiary, TelePlus Wireless, Corp., has entered into an agreement with FaithFone Wireless, a Phoenix-based purpose-driven Christian mobile phone company and began offering a faith-based branded mobile phone commercialized under the FaithFone brand name. Once deployed, this phone will become the first-ever faith-based mobile phone on the market to deliver Daily Devotionals, Bible passages, Prayer of the Day, Life Advice, and like-minded entertainment content via short messaging service.

"This product fits a specific need in the marketplace. The Faith community is a very large and diverse group and we're proud to partner with FaithFone Wireless which is backed by Christian leaders and professionals who have nearly 50 years of experience in broadcast communications, television, radio, cable, satellite, internet, and wireless industries. FaithFone Wireless will work with local churches and ministries to market this product to their community and grow the customer base for TelePlus. The faith community represents one of the largest niches in the market and they currently share their affinities through a variety of other mediums such as TV, Radio and Internet; mobile telecom is the next step in their evolution," commented Marius Silvasan, TelePlus' CEO.

FaithFone can be purchased at:
http://www.faithfonewireless.com
TelePlus is also pleased to announce that the Company is featured in an article by RedChip. The article, "Going Mobile: The Story of a Telecom Company That's Found a Lucrative, Large Niche - and Profits," gives an in-depth look at the growing wireless prepaid industry and discusses the market niche TelePlus has carved for itself.

"This article is a must-read for any investor taking a serious look at TelePlus. It discusses the massive business opportunity for TelePlus to grow in the prepaid market," commented Marius Silvasan, TelePlus' CEO.

The full article can be accessed at:
http://www.redchip.com/loadExternal.asp?extPageEnc=4676A6DM743073M65646
96A7153M717073757430L4D51464FM78746DM7575M7J2313137J3131372F716567
About TelePlus Enterprises, Inc. (OTCBB: TLPE) http://www.teleplus.ca

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 www.libertywireless.com, www.vivaliberty.com, www.maximoimpact.com and www.telizon.biz among others.

Listen to our Q2 webcast at:
http://phx.corporate-ir.net/playerlink.zhtml?c=144803&s=wm&e=1366007

To view the RedChip™ Visibility Research Report, please visit:
http://www.redchip.com/visibility/researchPages/
ClientInfo/_default.asp?symbol=TLPE

To view the most recent video interview with CEO, please visit:
http://www.teleplus.ca/download/18teleplus.wmv

To view the Wall Street Research Report & Analyst Interview, please visit:
Interview: http://www.teleplus.ca/download/TLPEAnalyst.wmv
Report: http://www.wallstreetresearch.org/reports/tlpe.htm

To view our most recent Investology research report, please visit:
http://www.investologyinc.com/company.php?id=5

Listen to our Q1 webcast at:
http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=1453540

To view the CEO interview on the floor of the AMEX, please visit:
http://www.teleplus.ca/download/TLPE.wmv

To view the most recent trader's report on TelePlus, please visit:
http://www.teleplus.ca/download/TLPEtrader.wmv
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