SOURCE: TelePlus World, Corp.

July 19, 2007 06:00 ET

TelePlus World Signs Additional Municipality for Telecom Services

MIAMI, FL--(Marketwire - July 19, 2007) - TelePlus World, Corp. (OTCBB: TLPE) (FRANKFURT: YT3) (www.teleplusworld.com), a wireless and telecom reseller offering specialized communications products and services in the U.S. and Canada, announced its subsidiary Telizon, Inc., part of the Company's Telecom division, signed a service agreement for telecommunications products and services with the Township of Stirling-Rawdon, in Ontario, Canada.

Telizon, securing the contract with an unsolicited proposal, is becoming increasingly recognized as a cost-effective, custom telecommunications solution provider to businesses, municipal governments and school districts. Telizon's services include Centrex Lines, Unique Lines, long distance telecommunications and enhanced financial management capabilities through customized invoicing packages.

"Our telecom division continues to make inroads with municipalities across Canada. The Township of Stirling-Rawdon is the 43rd municipality we now service. This contract continues to demonstrate TelePlus World's success in penetrating commercial and governmental markets with its broad portfolio of telecommunications products and enhanced financial management tools," commented Marius Silvasan, Company CEO and Chairman.

About TelePlus World, Corp.

TelePlus World, Corp. ("TelePlus") (OTCBB: TLPE) (http://www.teleplusworld.com) is a diversified North American telecommunications company that is a leading provider of wireless and telecommunications products and services. TelePlus, founded in 1999, has continued to grow organically and through strategic acquisitions. The company's wholly owned subsidiaries include: Liberty Wireless, Corp., operates a prepaid MVNO (Mobile Virtual Network Operator) under the Liberty Wireless brand; Maximo Impact, Corp., operates a pay-as-you-go MVNO under the MX Mobile brand; and Telizon, Inc., which resells landline, long distance and internet services under the Telizon, Freedom and Liberty brands. TelePlus websites include www.libertywireless.com, www.vivaliberty.com, www.maximoimpact.com and www.telizon.biz among others. The Company has offices in Miami, Florida; Cleveland, Ohio; and Barrie, Ontario.

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 World, Corp. takes no obligation to update or correct forward-looking statements.

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