Truphone Signs Up Optus

LONDON -- Truphone(TM), the next generation global mobile operator today announced a strategic wholesale agreement with Optus, a leading Australian telecommunications provider. The agreement will provide Truphone access to the Optus national mobile network to deliver voice, data solutions and local mobile numbers in Australia for its newly launched Truphone Local Anywhere GSM service. Truphone plans to launch the local Australian service in mid 2010.

Truphone Local Anywhere, which launched in January 2010 for the UK and the US, makes it easier and more convenient for the international community to stay in touch while providing cost savings of up to 90 percent on standard international rates.

The service provides consumers with local numbers and access to local rates for calls, texts and data in all countries where Truphone has operations, on a single SIM card. For those countries where Truphone does not have operator agreements, Truphone Local Anywhere offers savings of up to 70 percent over normal roaming charges.

The partnership with the Australian mobile operator Optus makes Australia the third Truphone country to be announced as part of Truphone Local Anywhere's global roll out. Similar partnerships are being put together in other key travel destinations around the world.

Geraldine Wilson, CEO of Truphone said, "Truphone Local Anywhere is a truly groundbreaking service for people with an international lifestyle allowing them to 'stay local' as they travel the world. Australia has five million people travelling in and out of the country each year - and with over 1.3 million UK expats living in Australia and 100,000 Australians over in the UK, this is a key market for Truphone. Our partnership with Optus will give our customers access to what we believe is the best quality GSM network in the country."

Truphone Ltd.

Optus Administration Pty. Ltd.