DEERFIELD BEACH, Fla., Dec. 20, 2005 (PRIMEZONE) -- TelePlus Enterprises, Inc. (OTCBB:TLPE) (Frankfurt:YT3) (http://www.teleplus.ca) is new to StockMarketNewsAlert.com. According to M. D'Alonzo at First Equity Group, Inc., recent news flow from the company has been very positive. "The company announced the appointment of Kiriakos Vanikiotis as its General Council effective immediately. Mr. Vanikiotis will report to the CEO & Chairman, Marius Silvasan, and shall oversee the Company's legal and regulatory matters. Kiriakos joins TelePlus with an impressive educational background having obtained Bachelor of Science (math major), Bachelor of Civil Law and Bachelor of Common Law degrees, all from renowned McGill University in Montreal, Quebec. Kiriakos also recently completed his Masters in Business Administration from HEC Montreal -- a Montreal university recently ranked 20th on the Forbes international list of business schools and ranked one of the top 10 business schools outside of the U.S. by BusinessWeek magazine. This solid background with a combined seven years experience at firms Fasken Martineau DuMoulin LLP and Fraser Milner Casgrain LLP, where he specialized in corporate/commercial law, banking and financing and mergers and acquisitions, makes Kiriakos an important addition as TelePlus continues to expand."
Marius Silvasan, CEO of TelePlus, stated, "We are very pleased to have Kiriakos join us as our General Council. The addition of Kiriakos makes sense when considering the vast number of transactions we completed over the last 12 months and the acquisition activities we anticipate in 2006. We are more than ever committed towards growing TelePlus to my personal goal of $100M in revenue by 2008."
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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 provider of Wireless and Telecom products and services across North America. TelePlus Connect, Corp. -- is a reseller of a variety of Telecom services including landline, long distance and internet services. TelePlus Wireless, Corp. -- operates a virtual wireless network selling cellular network access to distributors in the United States. 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.
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 from 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.
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