SOURCE: TelePlus Enterprises, Inc.

February 14, 2007 06:30 ET

TelePlus World Signs Third POSA Distributor and Adds Thousands of New Points of Retail Distribution for Its Wireless Products by Partnering With PaySpot

MIAMI, FL -- (MARKET WIRE) -- February 14, 2007 -- TelePlus World, Corp. (OTCBB: TLPE) (FRANKFURT: YT3) (, a wireless and telecom reseller offering specialized communications products and services in the U.S. and Canada, is pleased to announce Maximo Impact, Corp. ("MX Mobile"), a wholly owned subsidiary, signed an agreement with PaySpot, Inc., a subsidiary of Euronet Worldwide, and a leading prepaid provider in the U.S. PaySpot delivers a comprehensive array of electronic products and services, including prepaid wireless airtime, prepaid long distance cards, prepaid debit cards, prepaid gift cards, bill payment, money transfer, merchant processing and check guarantee, through existing point-of-sale (POS) terminals to retailers throughout the U.S.

As part of the agreement MX Mobile airtime cards will be available through PaySpot's terminals, currently installed at thousands of merchant locations in key U.S. markets servicing MX Mobile's core client base, which includes credit challenged, unbanked/underbanked consumers, teens, recent immigrants and students.

"This is the third key relationship with a POSA terminal distributor we have announced in the last few months. POSA distributors are key to our distribution model as they allow us to reach our market by making our airtime pins available to our customers," commented Rich Stupansky, President of TelePlus Wireless Services. "Without widespread distribution of our airtime pins it is very difficult to obtain new outlets for distribution and maintain customers. We are now doing business with 3 key POSA distributors collectively servicing thousands of retail stores across the country."

About TelePlus World, Corp.

TelePlus World, Corp. ("TelePlus") (OTCBB: TLPE) ( 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,, and among others. The Company has offices in Miami, Florida; Cleveland, Ohio; Montreal, Quebec; and Barrie, Ontario.

About PaySpot, Inc.

PaySpot, a Euronet Worldwide subsidiary, is one of the leading prepaid processors in the U.S. Launched in 2002, PaySpot offers a comprehensive array of prepaid products, including prepaid wireless, prepaid long distance, prepaid gift cards, prepaid debit cards, check guarantee, bill payment and money transfer. The PaySpot system supports online electronic top-up at retail locations via a range of POS terminals or through integrated electronic cash registers for retailers with multiple locations and multiple checkout points. Visit our web site at for more information.

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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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