TelePlus Reports 40% Increase in Handset Sales for the First Quarter Versus the Same Period a Year A

From: TelePlus Enterprises
Published: Tue Apr 19 2005

MONTREAL, April 19, 2005 - TelePlus Enterprises, Inc. (OTCBB: TLPE) (, a vertically integrated provider of wireless and landline communications products and services across North America today announced that total number of handset sales for the first quarter of 2005 reached 8,979 handsets, an increase of 40% compared to 6,393 handset sales in the same period a year ago.

"First quarter handset results continue to be strong,'' stated company CEO Marius Silvasan. "The increase in number of stores combined with the addition of two carriers, Virgin Mobile and Bell Mobility, have positively impacted our performance during the quarter,'' added Silvasan.

The company's first quarter financials will be disclosed mid-May. Investors are asked to e-mail all questions and correspondence to where they can also request to be added to the TelePlus investor e-mail list to receive all future press releases and updates directly.

About TelePlus

TelePlus Enterprises, Inc. ("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.

The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties, including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development and acquisition of new product lines and services, government approval processes, the impact of competitive products or pricing a technological changes, the effect of economic conditions and other uncertainties, and the risk factors set forth from time to time in the Company's SEC reports, including but not limited to its annual report on Form 10-KSB; its quarterly reports on Forms 10-QSB; and any reports on Form 8-K. Teleplus Enterprises, Inc. takes no obligation to update or correct forward-looking statements.

Source: TelePlus Enterprises Inc.

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