ORLANDO, Fla. -- VoIP, Inc. (OTCBB: VOIC), a leading provider of turnkey Voice over Internet Protocol communications solutions, today announced results for the second quarter and six months ended June 30, 2007.

"This quarter was one of building the business - paving the way for future growth," said Anthony J. Cataldo, VoIP, Inc.'s Chairman and CEO. "We executed according to plan and, as recently reported, saw July revenues increase 59% sequentially from June to approximately $852,000, primarily reflecting the 47% improvement in total termination minutes of use on our network. In addition, the average price per minute charged to our customers rose approximately 15% sequentially. In August, we are experiencing even greater traffic over our network, and expect revenue for the month to climb well over $1 million, with a corresponding increase in total termination minutes.

"Going forward, we will look to drive margin expansion as we continue to leverage our state-of-the-art network to increase minutes, streamline our operations, and rapidly grow the business," Mr. Cataldo continued. "Having completed the initial investment in our infrastructure, we are now positioned to service over 50 million households and businesses, offering improved quality and service to our clients nationwide. During the remainder of 2007, we plan to further build out the network, which will enable us to service over 200 million subscriber and enterprise lines by year end - with the most reliable platform in the industry.

VoIP Inc. (OTC: VOII.OB)