SOURCE: VoIP-PAL.COM Inc.

October 26, 2006 13:59 ET

VoIP-PAL.COM Announces It Has Started Beta Testing for Its New Transactional Platform, VoIP-PAL, and Is Preparing to Open Up the Opportunity to Hundreds of North American VoIP Service Providers.

VANCOUVER, BC -- (MARKET WIRE) -- October 26, 2006 -- VoIP-PAL.COM Inc. (PINKSHEETS: VPLM), in order to more accurately reflect the business activities of the Company, IS ANNOUNCING A SHIFT IN ITS BUSINESS TO A TRANSACTIONAL,VOIP/LOYALTY PAY PLAN COMPANY.

The Company has recently completed its restructuring process with its new name, cusip and call sign.

VoIP-PAL.COM has also appointed Jerry Philip, former Vice President and co-founder of Points.com to direct the Company's marketing efforts of its VoIP-PAL TRANSCTIONAL platform for VoIP products and long distance discount plans. "With the vast market available to VoIP-PAL in the points and air mile loyalty industry, I am very excited about the opportunity to co-develop the transactional platforms with VoIP-PAL Inc.," Jerry Philip stated.

The move to open our platform to many companies will allow VPLM to have access to millions of potential transactions in the VoIP business instead of limiting to just one PROVIDER and one product line.

"BY OFFERING THE GENERAL PUBLIC AN ALTERNATIVE TO USING CASH TO PAY FOR THEIR VOIP LONG DISTANCE AND BY OPENING THIS ALTERNATIVE PLATFORM UP TO MANY PROVIDERS TO PARTNER WITH VOIP-PAL WE HAVE CREATED A SIGNIFICANT BUSINESS/REVENUE OPPOURTUNITY FOR VOIP-PAL.COM," said Richard Kipping, CEO, VoIP-PAL.com.

VoIP-PAL.COM is a broadband VoIP telecom company offering local and long distance VoIP services to consumers and business owners. The Company offers turnkey solutions for its Partners for the Loyalty transactional platform. For more information, please contact Richard Kipping at (310) 890-3212 or Jerry Philip (604) 495-5844.

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