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CORRECTING and REPLACING VoIP Completes First Phase of Nationwide Network Expansion

Posted on: Monday, 23 October 2006, 09:00 CDT

The subhead should read: xxx More than 50 Million Households (sted: 1 Million Households).

The corrected release reads:

VOIP COMPLETES FIRST PHASE OF NATIONWIDE NETWORK EXPANSION

Network Now Has Ability To Service More than 50 Million Households in Four States

VoIP, Inc. (OTC Bulletin Board: VOII), a leading provider of Voice over Internet Protocol (VoIP) communications solutions for service providers, resellers and consumers, announced today that its carrier subsidiary, Volo Communications, has completed the initial phase of its nationwide network infrastructure service, with area expansion through the addition of locations in New York, Florida, Massachusetts and Georgia. The expansion will allow the Company to service over fifty million households and business subscriber lines in those areas.

While the company currently provides services which blanket the U.S. and areas worldwide, many of these services were provided through the use of existing network facilities provided by other carriers. The recently implemented plan to expand its network thru the build out of its own facilities, replacing and expanding into uncovered areas in the U.S., provides VoIP Inc and its subsidiaries greater market penetration, better quality of service, and a continuing reduction in its overall cost of goods for products and services sold.

The second phase, already underway, which is expected to be completed in February, will continue to expand its own facilities bases network to areas including Colorado, Texas, New Jersey, Arizona, Washington, North Carolina and California. The Company plans, by the completion of the fourth phase of its expansion, expected to be finished by the end of 2007, to continue its expansion in 21 states to provide communications services to more than an available 200 million subscriber and enterprise lines, Wireless Broadband Providers, Internet Service Providers, Carriers and other Next-Generation Service Providers. When completed, VoIP expects to be one of the top five CLEC's based upon the size of its network.

"We are pleased to have created such a sizable and reliable network in a relatively short period of time," said Shawn Lewis, VoIP Inc.'s Chief Technology Officer. "In addition to offering cutting-edge VoIP technology, we are now building, what will be the one of the top five largest CLEC networks in the country, behind leading providers such as Level 3 Communications and XO Holdings. Our network has the ability to service a diverse customer base with an array of technologies and new applications, such as our Click4Me™ brand Click-to-Call VoIP technology, as well as traditional voice and direct Enhanced 911 facilities. Within six months, we expect to more than triple the size of our network, providing our customers with even greater benefit and a more rewarding telecommunications experience."

About VoIP, Inc.

VoIP, Inc. is a leading provider of turnkey Voice over Internet Protocol (VoIP) communications solutions for service providers, resellers and consumers worldwide. The company is also a certified Competitive Local Exchange Carrier (CLEC) and Inter Exchange Carrier (IXC). Through its wholly owned subsidiary, VoiceOne Communications, LLC, the Company provides a comprehensive portfolio of advanced telecommunications technologies, enhanced services, broadband products, and fulfillment services to the VoIP and related communications industries. Current and targeted customers include IXCs, CLECs, Internet Telephony and Conventional Telephony Service Providers (ISPs and ITSPs), cable operators and other VoIP Service Providers in the United States and countries around the world. The Company enables these customers to expand their product/service offerings by providing VoIP's nationwide Multi-Protocol Label Switching (MPLS) and other services such as voice termination/origination, e911 emergency call service for VoIP, CALEA, Broadband Voice, IP Centrex and other advanced communications services and technologies. For information on VoIP, Inc. please visit the company's web site: http://www.voipinc.com.

Source: Business Wire

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