SOURCE: VOIP5000, Inc.

December 19, 2006 17:00 ET

VOIP5000 Begins Development on Secure Transaction Processing Solution for E-Commerce

PROVIDENCE, RI -- (MARKET WIRE) -- December 19, 2006 -- VOIP5000, Inc. (PINKSHEETS: VPFI), a provider of click to call services under the Clixme name as well as other VoIP applications for online businesses, announced today that it has begun development of a new secure transaction processing service that will allow online merchants to accept credit card transactions without putting any of the buyer's card data at risk. The new service will leverage the company's Clixme service as a component in retrieving card data from buyers during the checkout process.

"Security concerns about credit card theft has begun to take its toll on e-commerce growth," said CEO Fotis Georgiadis. "Sales growth in the e-commerce sector has been dampened by the recent string of data leaks," he continued.

A recent article in the New York times stated that to date nearly 100 Million data leaks have occurred where sensitive data was compromised. An Emarketer article by Senior Analyst Jeffery Grau stated that in 2006 the value of online fraud will be 1.4% of total online sales which set the dollar value around $3 billion.

"Maintaining a real time transaction while securing credit card data has been the golden goose that the transaction processing industry has been searching for," said Georgiadis. "Our solution will provide for what could be the most secure online transaction available to date," he continued.

About VOIP5000, Inc.

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

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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