SOURCE: TelePlus World, Corp.

March 30, 2007 06:00 ET

TelePlus World Signs Barrie Hydro, Prominent Canadian Utility, for Telecommunications Products and Services

Fourth Quarter and Year-End 2006 Webcall Tuesday, April 3, 9:00 a.m. EDT

MIAMI, FL -- (MARKET WIRE) -- March 30, 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 Barrie Hydro, the twelfth largest electrical distribution utility in Ontario, Canada, signed a service agreement for telecommunications products and services with wholly owned subsidiary Telizon, Inc..

Operating within TelePlus World's Telecom division, Telizon's service agreement with Barrie Hydro provides a variety of telecommunication services, including 55 Centrex lines, a high-speed broadband facility and long distance services. Barrie Hydro, a major electrical distribution utility in Ontario, Canada, serves over 66,000 customers in seven service areas.

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.

"We are very pleased to have earned the business of Barrie Hydro. This contract continues to demonstrate TelePlus World's success in penetrating commercial and governmental markets with its broad portfolio of telecommunication products and enhanced financial management tools," commented Tom Davis, TelePlus' COO.

Just a reminder -- fourth quarter and year-end 2006 webcast and phone access

TelePlus World's results for the fourth quarter and full year ended December 31, 2006, will be discussed in a webcast scheduled for:

Tuesday, April 3rd, 2007, 9:00 a.m. Eastern Daylight Time

The webcast and can be accessed via Online Call View through http://my.ccbn.com. (If this is your first time utilizing Online Call View tool, please take a moment to familiarize yourself with the system by watching a brief tutorial that can be found at http://www.thomsonfinancial.com/telco/ocv.htm.) The call can also be accessed via phone at 1.800.299.0433 (international 1.617.801.9712) and using pass code 83939755.

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., 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 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; Montreal, Quebec; and Barrie, Ontario.

Listen to our Q3 webcast at: http://phx.corporate-ir.net/playerlink.zhtml?c=144803&s=wm&e=1409326

To view the RedChip™ Visibility Research Report, Investology Research Report and Wall Street Research Report, please visit: http://www.teleplusworld.com/en/investors_resreports.php

To view the most recent video interview with our CEO, as well as other video interviews about TelePlus World, please visit: http://www.teleplusworld.com/en/investors_multimedia.php

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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