SOURCE: Voxbox World Telecom, Inc.

December 04, 2006 07:15 ET

VoxBox World Telecom, Inc. Provides Info About Its Acquisition Target, Software Company, Talon Corporation; Including Info on Talon's Recent Supercomputer Installation for the New York Transit


VANCOUVER, BC -- (MARKET WIRE) -- December 4, 2006 -- VoxBox World Telecom, Inc. ("VoxBox" or "Company") (PINKSHEETS: VXBX) today provides more information on its acquisition target, Talon Corporation ( ("Talon").

The following are some of the highlights of Talon Corporation:

--  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.
--  Talon recently completed a quality revenue generating
    software/hardware installation for the New York Transit Authority for
    arguably the largest construction project in North America. The
    installation was the deployment of a supercomputer to test feasibility in
    the multiple year long design phase of the Subway Project in New York.
--  Talon is currently completing the first phase of development for an
    innovative cost effective data backup application for longtime client Data
--  Talon will continue the development project contracted at the
    beginning of this year for software that tests the various factors of
    silicon chips.
--  Talon's NimbusOS is the most secure and fastest Supercomputing
    Operating System developed and available today.
--  A good portion of Talon's clients and upcoming client projects are
    from the areas of education, government, military and Fortune 500.
--  Talon generates revenues from the following main lines of business:
    --  Supercomputer software and hardware sales and service contracts

    --  Software development

    --  Licensing royalties from various intellectual property rights
The Company feels Talon is a business that has immense revenue and profit potential that creates a great outlook for potential earnings and increases in shareholder value. The Company looks forward to announcing more developments as they occur and more information about Talon as the transaction reaches key milestones.

The Company recently entered into a Letter of Intent to acquire Talon. Although the Company is confident in its plan to move towards a closing of this targeted acquisition, no assurance can be given that the Company will enter into a definitive agreement with Talon or that the Company will be able to fulfill its obligations under the planned definitive agreement.

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.