"For the past 17 years, ITG has been a leader at providing retail long distance calling card services over the Internet. They were pioneers in the business and have built a loyal customer base that now generates over $1 million in annual revenue," commented David F. Levy, Chief Executive Officer of iTalk Inc. "Now that ITG is a part of the iTalk family, we plan to execute an aggressive growth strategy to leverage their product offerings, customer base, and backend process capabilities with our cutting edge smartphone apps and VoIP technologies. This will provide current ITG subscribers with the added option to utilize powerful iTalk smartphone apps to make crystal clear long distance calls easier than ever before and greatly increase the potential for ITG to acquire new customers and maximize the potential revenue per customer."

Currently, ITG long distance calling card customers dial a local or toll free access number, then their personal calling card number, and then enter the destination telephone number to complete a call. The incorporation of iTalk smartphone apps and VoIP technologies with the ITG platform will allow users to make one-touch calls directly from their cell phone contact lists without calling an access number or calling card number. iTalk believes this upgrade and simplification of the ITG calling process will appeal to a larger potential customer base looking for low long distance calling rates and ease of use.

Sprint Nextel Corp.