TelePlus Announces National Sales Director and Continued Growth of its National Retail Chain

MONTREAL, Feb. 24, 2005 - TelePlus Enterprises, Inc. (OTCBB: TLPE) (http://www.teleplus.ca), a vertically integrated provider of wireless and landline communications products and services across North America, is pleased to announce today that it has appointed Suzane Pownall as Director -- Sales & Operations within its subsidiary TelePlus Retail Services, Inc., replacing Benoit Dube.

With more than 12 years experience with Bell Canada Enterprises (NYSE: BCE), Ms. Pownall's responsibilities will include all aspects of retail sales and operations including sales, marketing, new product introduction, and carrier relationships. In addition, she will be responsible for staff development within the Canadian retail network and will oversee and actively participate in the selection of expansion locations in line with the company's business development plan.

In addition, TelePlus is pleased to announce it has signed a lease for the opening of a new location in the Woodbine shopping centre located in Toronto, Ontario. The Woodbine location, is the first new opening this year and also the first location to integrate TelePlus' newest store concept.

All TelePlus stores will follow the Woodbine location's lead which is fresher, slicker and more technology oriented. Don Mills, located in central Toronto, is the second location expected to convert to TelePlus' newest store concept.

President and Chief Operating Officer Kelly McLaren is extremely enthusiastic about the latest addition to the senior management team at TelePlus. ``Suzane's appointment is directly linked to our strategy to increase the operational strength in our expanding retail network. With her extensive industry experience, Suzane clearly understands the wireless retail environment, and her ability to focus on both people and process is in complete alignment with our business direction.'' Ms. McLaren continued to state, ``I have no doubt that Suzane's leadership will be instrumental in ensuring we meet our business objectives, including increasing revenues and maximizing profitability in the retail network. As a key member of the TelePlus management team, Suzane's proven leadership and her passion for the industry will be a tremendous asset and her results-driven approach to retail will be especially welcome at TelePlus at this time as we continue to grow our business. Our new Woodbine location is the first of many new store openings planned for this year.''

This press release is available on the TelePlus' Investor Relation's site for investor questions, commentary and feedback. Investors are asked to visit http://www.agoracom.com and select the TelePlus Investor Relations HUB. Alternatively, investors can e-mail their questions or comments directly to TLPE@agoracom.com or asked to be placed on the TelePlus investor e-mail list to receive all future press releases directly.

About TelePlus http://www.teleplus.ca
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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Contact:
TelePlus Enterprises, Inc.
Institutional IR Inquiries
Investor Relations
866-699-3388
info@teleplus.ca
http://www.teleplus.ca/

Retail IR Inquiries
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http://www.agoracom.com
TLPE@agoracom.com