SOURCE: VoxBox World Telecom Inc.

November 30, 2006 03:09 ET

VoxBox World Telecom, Inc. Executes Letter of Intent to Acquire Talon Corporation -- a Revenue Generating Software Company

VANCOUVER, BC -- (MARKET WIRE) -- November 30, 2006 -- VoxBox World Telecom Inc. ("VoxBox" or "Company"), (PINKSHEETS: VXBX) announces today that it has executed a Letter of Intent ("LOI") to acquire Talon Corporation (www.taloncorporation.com), a software company in the business of applications for supercomputing and other industries such as telecommunications ("Talon").

Talon builds the software that makes supercomputers and networks run faster and telecommunications more business efficient. Talon has maintained a lead in both the Supercomputing and Networking arenas. For example Talon's NimbusOS is the most secure and fastest Supercomputing Operating System developed and available today.

In summation, Talon is a great acquisition candidate for the Company and its shareholders. Talon has a good revenue base that has lots of potential for growth. They have a quality client list including government, education and military and an operating structure that will allow for profitability sooner rather than later.

The Letter of Intent lays out the proposed terms for the planned completion of the acquisition that include but are not limited to the following:

--  All stock acquisition of 100% of the outstanding stock of Talon.
--  A provision for providing financing to Talon over the next year as
    part of the acquisition.
--  A change in management and the board directors of the Company which
    will include current Talon management.
    
Sparrow Marcioni, CEO of Talon Corporation, stated: "We are excited to have the opportunity to be a key part of this public company. We are generating revenues currently and feel we can produce growing revenues and profits for the shareholders that we mutually feel may increase shareholder value overtime. We look forward to working towards the final acquisition agreement and closing."

Romeo Prescott, CEO of VoxBox, stated: "Talon as you see by the information on their website is a great private company that we believe can be a great part of the Company's future success. As we have stated previously we believe we can advance the process of acquisition to a closing very quickly." Until a definitive agreement is fully negotiated and executed, there can be no assurance given that the acquisition contemplated by the Letter of Intent will be consummated.

The Company looks forward to announcing more information about Talon and future developments as they occur.

Company Disavows ands Denounces Recent Market Spamming Activities

The Company wishes to inform its customers, shareholders and the public markets that it has recently learned that it has been the target of spamming campaigns and that the Company has not in anyway contact, retain, authorize, approve, request or pay any person or stock promotion company to disseminate unsolicited messages that indirectly or directly refer to or tout the Company. The Company does not condone this type of improper and prohibited activity and has already been in contact with the Pink Sheets regarding this matter.

All trademarks, trade names, and service marks mentioned herein belong to their respective owners. This release contains forward-looking statements that involve risks and uncertainties. Statements in this news release, other than historical data, are considered forward-looking statements under the Private Securities Litigation Reform Act of 1995. The company's actual results could differ materially from those anticipated in these forward-looking statements as a result of certain factors uncontrollable by the company. This announcement does not constitute an offer to sell or the solicitation of offers to buy any security and shall not constitute an offer, solicitation or sale of any security in any jurisdiction in which such offer, solicitation or sale would be unlawful.