SOURCE: TelePlus Enterprises, Inc.

February 05, 2007 06:30 ET

TelePlus World Wins Three Additional Municipal Government Telecommunication Service Contracts in Ontario, Canada

42 Municipalities Now Serviced With TelePlus' Cost-Effective, Custom Telecommunications Solutions

MIAMI, FL -- (MARKET WIRE) -- February 5, 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, is pleased to announce Telizon, Inc., a wholly owned subsidiary within TelePlus' Telecom division, signed service agreements with three Canadian government municipalities, bringing the total to 42 municipal governments now served in Canada.

The new municipalities include Village of Burk's Falls, Township of Ryerson and Township of Armour; all located in Ontario, Canada. Telizon is a market leader serving the growing needs of municipal governments' telecommunication requirements in Canada. Telizon provides Centrex Lines, Unique Lines, long distance services and enhanced financial management capabilities through customized invoicing packages. Telizon secured these contracts with unsolicited proposals as it is becoming increasingly recognized as a cost-effective, custom telecommunications solution provider to municipal governments and school board communities within its extensive operating areas.

In addition to municipal governments, Telizon has built a solid reputation in providing various telecommunication services to school boards. Total collective line count for school boards now reaches well in excess of 1,000 lines. The most recent school boards to join Telizon are Algonquin District Catholic School Board-Napanee, Trillium Lakeland School Board-Lindsay and Hastings Prince Edward District School Board-Belleville.

"We are very pleased to have earned the business of three additional municipal governments in Ontario, Canada. These contracts demonstrate TelePlus' success in penetrating these types of niche markets management identified and targeted for our telecommunications products and services," commented Tom Davis, TelePlus' COO.

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; Montreal, Quebec; and Barrie, Ontario.

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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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