Vocalscape Networks, Inc. (OTC Bulletin Board: VOSC), announced today that Vocalscape has acquired a stake in Peoplefone AG. "The stake in Peoplefone gives
Vocalscape a growing foothold in the European marketplace and complements
the company's stake holdings in France and Guadeloupe," said Ron McIntyre,
President of Vocalscape. "The success of the Peoplefone network as
evidenced by their excellent growth rate makes this relationship all the
more exciting." Vocalscape Networks, Inc. will receive 2.1 million shares
equal to a 6.32% stake in the company for the development of the Peoplefone
Voice over IP (VoIP) system.
    Peoplefone AG is active in the telecom area and sells hardware,
software and telecom services for VoIP applications. Peoplefone AG owns
100% of Peoplefone Internet Telephonie GmbH in Vienna, Austria. Peoplefone
AG operates VoIP networks in Austria and Switzerland. Peoplefone service is
distributed through the Peoplefone website (peoplefone.com or
peoplefone.ch) as well as at big box retail stores such as Media Markt and
Saturn-Finlialen.
    Since the launch of the original Peoplefone VoIP service in Switzerland
in September of 2005 and the launch of their service in Austria in
September of 2006, Peoplefone has experienced amazing growth. In the period
between January and September of 2006, network usage and number of
registered customers have more than doubled.
    For more information on Vocalscape, please visit: http://www.vocalscape.com
    Safe Harbor Act Disclaimer: This press release contains forward-looking
statements within the meaning of Section 27A of the Securities Act of 1933,
as amended, and Section 21E of the securities Exchange Act of 1934, as
amended (the "Exchange Act"), and as such, may involve risks and
uncertainties.
    Forward-looking statements, which are based on certain assumptions and
describe future plans, strategies, and expectations, are generally
identifiable by the use of words such as "believe," "expect," "intend,"
"anticipate," "estimate," "project," or similar expressions. These forward-
looking statements relate to, among other things, expectations of the
business environment in which Vocalscape operates, projections of future
performance, potential future performance, perceived opportunities in the
market, and statements regarding Vocalscape's mission and vision.
Vocalscape's actual results, performance and achievements may differ
materially from the results, performance, and achievements expressed or
implied in such forward-looking statements.

source Vocalscape Networks, Inc.

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