INDUSTRY LEGEND PAUL FALCHI ASSUMES CEO MANTLE OF NEW VOIP INTERNET PHONE SERVICE PROVIDER

San Francisco, CA, March 23, 2006 – Legendary industry leader, strategist, consultant and successful entrepreneur Paul Falchi has taken the reins as CEO of TalkFree, a new Internet phone service provider. Falchi brings to TalkFree deep international experience and a history of unparalleled successes in Russia, Argentina, the Dominican Republic, the Czech Republic and countless other developing countries. Falchi is renowned for initiating a breathtaking range of high-growth, high-yield international startups and Internet companies. He has polished and sharpened TalkFree into one of the first and most technically advanced VoIP companies serving the international telecommunications markets.

Hailed for his work with Verizon, Sprint, CTI Movil Argentina, Moscow City Telephone, Moscow Cable Company, Codetel (now Verizon, Dominican Republic), and many more, Falchi brings an incomparable level of expertise to the exploding Internet telephony industry.

Falchi’s new enterprise, TalkFree, provides an IP Phone ‘Business in a Box’ that is ideally suited for underdeveloped areas in Africa, Asia, South America and the Middle East. So far the plan has worked magnificently. Basically the ‘Box’ is the premier quality, next generation communication tool and web applications enabling Internet Cafes, call centers, ISPs, cable TV companies, hotels and telephone companies to get into the VoIP business allowing users to make calls from a PC or a phone to either a fixed-line telephone or mobile phone. Blend ease of use, accessibility and affordability with the fact that TalkFree is first in these underserved countries with this revolutionary technology and you have the recipe for an incomparable investment opportunity.

TalkFree distributors are provided with all the tools for success including

• The most powerful web application tools in the market
• Personal sales support - 24 hours a day, 7 days a week
• Native languages spoken by experienced sales and support staff
• Low start up costs
• The clearest line quality and excellent service.

The management team at TalkFree brings together the inspiration and considerable experience of CEO Paul Falchi, CFO/COO Daniel G. Yamagishi and Executive Vice President Eric Scheele.

To learn more about TalkFree visit www.talkfree.com.

Media:

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