SOURCE: Vois Inc.

July 01, 2008 09:44 ET

Vois.com to Enter Multibillion Dollar Market With Rollout of Social Sourcing and Revenue Model

BOCA RATON, FL--(Marketwire - July 1, 2008) - VOIS Inc. http://www.Vois.com (pronounced "Voice") (OTCBB: VOIS) (OTCBB: VOISW) announced today that it plans to enter the multibillion dollar market for outsourcing and offshoring with the introduction of its revolutionary expanded website and revenue model. VOIS aims to be the first social commerce (sCommerce) site that leverages the power of social networking to enable its global audience to buy and sell professional freelance and on-demand manufacturing services online. Building on its success as a social networking site, VOIS will facilitate outsourcing by creating a unique platform that provides a marketplace for buyers and sellers to source projects cost-efficiently as well as the collaboration tools to help them conduct business.

"We feel that the launch of social sourcing could prove to be the most significant of any new P2P (Peer-to-Peer) online platforms since eBay," stated Gary Schultheis, Vois.com President. "According to Gartner Research, the global outsourcing market alone accounted for $408 billion in sales, and is expected to grow another 8.1 percent in 2008 to reach $441 billion. We intend to demonstrate with our product offering that social networking is in fact the 'transformative communications technology' of our era and can support commerce. VOIS will be 'fundamentally different' from other social networking websites including MySpace or Facebook, in that VOIS will not rely primarily on advertising revenue. Instead VOIS will derive revenue from its multiple transaction-based streams such as success fees, voluntary membership upgrades, subscription fees and revenue sharing. The basic product offering will be free so that anyone can join, build social networks, and list or purchase commercial transactions, including IT and professional services and on-demand manufacturing. As such we believe VOIS will carve out a distinct place in the Internet ecosystem."

About VOIS Inc.

Vois.com (pronounced "Voice") is a social-commerce website that combines the power of social networking with an online marketplace for professional freelance and on-demand manufacturing services. At VOIS, individuals and businesses have the tools to create social and professional networks as well as staff projects and outsource manufacturing. VOIS's social sourcing model connects a global network of talent, allowing individuals and business around the world to find and manage work cost-effectively. In the 2007 Open Web Awards, Vois.com was a finalist for Favorite Large-Scale Social Network and winner for Best Photo-Sharing Site. VOIS is publicly traded under the symbols VOIS, VOISW. -- http://www.Vois.com

Safe Harbor Act Disclaimer: This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934 that are based upon current expectations or beliefs, as well as a number of assumptions about future events. In addition, other factors that could cause actual results to differ materially are discussed in the Company's most recent Form 10-QSB and Form 10-KSB filings with the Securities and Exchange Commission.

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