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Market Pulse Breaking News Alert for Tuesday, Oct. 4, 2005: TLPE: Expands Systems Capacity to Grow!

Posted on: Tuesday, 4 October 2005, 09:00 CDT

Market Pulse News Alert for this AM, Stocks to Watch are: TelePlus Enterprises, Inc. (OTC BB: TLPE), Sun Microsystems Inc. (NASDAQ: SUNW), Telewest Global Inc. (NASDAQ: TLWT) and Lexar Media Inc. (NASDAQ: LEXR).

Investors need to be watching TelePlus Enterprises, Inc. (OTC BB: TLPE) this AM! TelePlus is a vertically integrated provider of wireless and landline products and services across North America. The Company's retail division -- TelePlus Retail Services, Inc. -- owns and operates a national chain of TelePlus branded stores in major shopping malls, selling a comprehensive line of wireless and portable communication devices. TelePlus Wireless, Corp. operates a virtual wireless network selling cellular network access to distributors in the United States. TelePlus Connect, Corp. is a reseller of landline and long distance services including internet services. TLPE has had several excellent news announcements out lately and one again at Monday's closing bell announcing their subsidiary is expanding its systems capacity for growth! Investors should be watching this one closely!

TelePlus Enterprises, Inc. (OTC BB: TLPE) (http://www.teleplus.ca), a vertically integrated provider of wireless and landline communications products and services across North America, announced today that its subsidiary, TelePlus Connect Corp. ("TelePlus"), has acquired two new servers to enhance its billing and provisioning infrastructure. These new servers, scheduled to be installed in October, will facilitate the integration of the customers of both Freedom Phone Lines & Avenue Reconnect, two companies recently acquired by TelePlus. The upgrade will also increase the Company's overall existing processing and storage capacity by an estimated 500%. With Revenues anticipated at $20M this year (a 64% increase versus last year) and a current revenue run rate of $30M the Company's new servers will allow continued expansion of the Company's growing customer base.

"We continue to strengthen our back office while positioning ourselves for growth," stated TelePlus CEO Marius Silvasan. "Our back office allows us to automate various processes frequently handled through manual reconciliations by our competitors resulting in lower operating costs and higher efficiencies," added Silvasan.

About TelePlus http://www.teleplus.ca

TelePlus Enterprises, Inc. ("TelePlus") is a provider of Wireless and Telecom products and services across North America. TelePlus Connect, Corp. -- is a reseller of a variety of Telecom services including landline, long distance and internet services. TelePlus Wireless, Corp. -- operates a virtual wireless network selling cellular network access to distributors in the United States. TelePlus Retail Services, Inc. -- owns and operates a national chain of TelePlus branded stores in major shopping malls, selling a comprehensive line of wireless and portable communication devices.

Stocks in the news and acting well as of late include: Sun Microsystems Inc. (NASDAQ: SUNW), Telewest Global Inc. (NASDAQ: TLWT) and Lexar Media Inc. (NASDAQ: LEXR).

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You should be aware that MP is often compensated for issuing analyses, recommendations or opinions concerning particular companies. Its opinion is therefore not unbiased and you should consider this factor when evaluating MP's statements regarding a company. MP has been compensated in free trading shares of common stock, available for public trading as follows: TelePlus Enterprises, Inc. compensation from a third party shareholder: five hundred twenty five thousand free trading shares of stock in TelePlus Enterprises, Inc., already delivered from a third party shareholder. To date, MP has sold four hundred seventy five thousand shares of stock in TelePlus Enterprises, Inc. for proceeds totaling one hundred thirty nine thousand and eight hundred dollars. MP has contracted to receive an additional three hundred thousand free trading shares of TelePlus Enterprises, Inc. from a third party shareholder but has not yet received these shares. MP's officers and directors reserve the right to buy additional shares of the companies discussed in this opinion and may profit in the event those shares rise in value. When MP receives free trading shares as compensation for a profiled company, MP may sell part or all of any such shares during the period in which MP is performing such services. Market-Pulse.com and Market Pulse Breaking News Alert are owned by Market Pulse LLC.

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SOURCE: Market Pulse

Source: MARKET WIRE

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