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Vistula Communications & Envox Telecomunicaciones Bring Wide Range of VoIP Services, Products to Venezuelan Market

Posted on: Monday, 13 March 2006, 09:00 CST

NEW YORK, March 13 /PRNewswire-FirstCall/ -- Vistula Communications Services, Inc. (BULLETIN BOARD: VSTL) , a global supplier of flexible and reliable Voice over IP ("VoIP") services to major telecommunications carriers, cable operators and Internet Service Providers, announced today that it has reached an agreement to provide its V-Cube (TM) VoIP solutions to Envox Telecomunicaciones IP, an enterprising telecommunications service provider in Venezuela.

With Vistula's V-Cube(TM) solution, Envox Telecomunicaciones IP, will be the country's first private telecommunications provider to offer a wide range of VoIP-based solutions to the country's large number of call shops or "Tele Cafe," as well as to the residential and corporate markets.

Jorge Sierra, Executive Vice President of Envox IP said, "Vistula's V-Cube was simply the best option we found for bringing our VoIP-based products to the Venezuelan market. We will use the V-Cube solution to run three main areas of telecommunications services, those include the Call Shop market, residential and corporate (IP-PBX). Vistula brought us a proven and cost-effective product with the quickest implementation time available in the market place."

"Envox exemplifies the new wave of service providers around the world who are embracing IP-based communications services," said Rupert Galliers-Pratt, Chairman and Chief Executive Officer, Vistula Communications. "With Vistula's VoIP applications, Envox can now offer new compelling IP communication services that address the needs of Venezuela's vast Call Shop industry, in addition to the under-served residential and enterprise markets."

Vistula's commitment to underserved markets around the world, is sustained by industry trends and research like that from Infonetics Research, which found that global sales of service provider voice over IP equipment totaled $1.71bn in 2004, a healthy 36 per cent gain over 2003, with revenue predicted to reach $5.9bn in 2008, representing a five-year compound annual growth rate of 36 per cent. In addition, the global market for consumer VoIP services is also growing quickly, with total VoIP subscribers worldwide at 16 million in 2005 and projected to grow to over 55 million by 2009, reports In-Stat.

Vistula's V-Cube(TM) IP-PBX and VoIP solutions have been implemented by major global carriers, services providers and transit network operators including, Telstra Europe Limited, Transtel (South Africa), Saigon Post and Telecommunications Services Corporation, HFCL (India) and IUSAcom (Mexico), among others.

About Envox

Envox Telecomunicaciones IP, is the first VoIP-based residential and IP-PBX solution in the Venezuelan market. Founded by Jorge Sierra, a 25+ year veteran of the telecommunications industry, and Capel de Venezuela (http://www.capel.com.ve/), a major POS and Call Shop equipment and software

manufacturer, Envox is targeting the underserved Venezuelan and Latin American market with an innovative and cost-effective VoIP-based product suite.

About Vistula

Vistula is a telecommunications company providing hosted, managed VoIP (Voice over Internet Protocol) services to carriers, cable operators, service providers and transit network operators. Vistula features solutions that enable telecommunications providers to rapidly deploy VoIP services over converged infrastructure through an integrated applications suite. Vistula has already signed Telstra Global business unit, as well as IUSACom in Mexico, among many other international carriers and ISPs that have installed or are currently testing the V-Cube(TM) platform. Vistula trades on the OTCBB under the symbol: VSTL. For more information visit: http://www.vistula.com/.

"Forward-Looking Statements"

This press release contains certain forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, which reflect management's expectations regarding future events and speak only as of the date hereof. Our actual results, performance or achievements may differ significantly from the results, performance or achievements discussed in or implied by the forward-looking statements. Factors that could cause such a difference include material changes in our business or prospects, difficulties obtaining financing to fund our operations, failure to establish brand recognition for our products, failure to retain existing customers or attract new customers, failure to compete effectively in our industry, general market and economic conditions, and other factors that are detailed from time to time in Vistula's SEC reports, including those detailed in our Annual Report on Form 10-KSB for the fiscal year ended December 31, 2004. Vistula disclaims any intent or obligation to update any forward-looking statements.

Vistula Communications Services, Inc.

CONTACT: Harrison Wise, +1-212-843-8001, for Vistula CommunicationsServices, Inc.

Web site: http://www.vistula.com/http://www.capel.com.ve/

Source: PRNewswire-FirstCall

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