Monday, November 3, 2008

i2 Telecom International Inc. (ITUI.OB) is “One to Watch”

Founded in February of 2002 and headquartered in Atlanta, Georgia, i2 Telecom International Inc. provides telecommunications services employing voice over Internet protocol (VoIP) technology. i2Telecom’s switching centers in Atlanta, Georgia provide full access to global telecommunications carriers. This enables micro-gateway users to complete calls to any phone around the globe inexpensively and with great quality. The Company provides high quality international and domestic long-distance voice, video, and data services at a fraction of the cost of traditional carriers’ rates.

The company introduced MyGlobalTalk™ in January of this year. This product received the 2007 Product of the Year by Internet Telephony Magazine. This product provides Internet telephone usage to every cell phone user, independent of wireless carrier technology, handset manufacturer, or type of wireless carrier voice/data plan they have. MyGlobalTalk™ provides the benefits of a dual-mode phone for less cost using a customer’s existing mobile handset. The Company is engaging in a hard launch of MyGlobalTalk™ for the fourth quarter of this year.

i2Telecom International, Inc.’s Voice-over-Internet Protocol (VoIP) products and services use advanced state-of-the-art VoIP technology and a combination of the company’s own services network and the Internet to deliver high-quality phone calls, streaming video, and text chat to customers globally. i2Telecom International provides their VoiceStick®, MyGlobalTalk™, digital portal communications, and micro-gateway adapters for VoIP long-distance and other enhanced communication services to their customers.

i2Telecom continues their strong investments in developing their products, technologies, and their patent portfolio. For the second quarter period ending June 30, 2008, they reported net income of $2,927,123, or $0.02 per share, compared to a loss of US ($2,130,331), or ($0.02) per share, for the same period in fiscal 2007. The Company expects annual revenues from the sale of VoIP products and related services to exceed $5 million by December 31, 2008, compared with less than $1 million in revenues last year.

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