SOURCE: VOIP5000, Inc.

March 23, 2007 09:45 ET

VOIP 5000 Announces Name and Launch Date of New Audio Blogging Service Targeting Social Networks

PROVIDENCE, RI -- (MARKET WIRE) -- March 23, 2007 -- VOIP5000, Inc. (PINKSHEETS: VPFI) (FRANKFURT: VQC1) a provider of click to call services under the Clixme name as well as other VoIP applications for businesses and consumers, announced today that it has set June 1st, 2007 as the official launch date for its new service Call2Blog.com, a blogging tool that allows its users to post audio recordings they make from their phones to their blogs in real time. Using this service, bloggers are no longer chained to their computers when they want to update information to their blogs.

"It's simple, users will call into a local number provided by Call2Blog.com, enter their access code, then record their message," said VOIP 5000 CEO Fotis Georgiadis. "Within seconds of completing their recording, it's available on their blog for the world to listen!"

According to the company, the Call2Blog service will be compatible with all of the major blog and social networking sites including News Corp.'s MySpace.com and Google's Blogger.com. Additionaly, the service can be used on personal and business blogs.

The company plans to earn money by selling 10-15 second audio spots that precede user messages when people listen to them from a blog. "Popular blogs can create the potential for millions of ad spots daily, it's remarkable how viral these things can become," said Georgiadis.

About VOIP5000, Inc.

VOIP5000, Inc. (PINKSHEETS: VPFI) develops and markets VoIP applications and services for business and consumer use. Its flagship service, Clixme.com, provides click to call services to businesses in the U.S. and Canada. Businesses can sign up and find out more about Clixme at http://www.clixme.com

Note: All statements, other than statements of fact, included in this release, may include forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company cautions that such matters necessarily involve significant risks and uncertainties that could cause actual operating results to differ materially from such statements, including, without limitation: (i) competition, (ii) fluctuations in demand and supply of our target markets, including Internet-based telephone operations (iii) risks associated with new business ventures. Investors are advised to seek professional advice and conduct a complete due diligence regarding this, or any other company being considered for investment purposes. Investing in securities, particularly in issues priced at less than $1 per share, involves substantial risk and may result in a partial or complete loss of investment capital. Press releases issued by the company should not be interpreted as an offer to sell or a solicitation to buy company stock.

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