Elephant Talk Communications, Inc., (OTC BB: ETAK) is a “Next Generation” international telecom operator. Its “ET Boss” operating software provides mobile operators with a single platform that performs all the functions currently provided by multiple external vendors; this increases the systems reliability, simplifies operations for the mobile operator and its customers, and provides dramatic savings. Elephant Talk's telecommunications platform eliminates the usual limitations caused by national borders, networks, devices or media and, therefore, enables its B2B customers to operate as independent telecom and multimedia distribution organizations.

Elephant Talk’s system is capable of supporting the next wave of location based business’s including tele-medicine, tele-banking, and micro-payments via the mobile phone. Elephant Talk is also positioned to launch a patented technology that prevents credit card fraud by correlating the presence of a consumers mobile phone with their credit card.

Investment Highlights:

•      Key management has built and profitably sold four prior telecom ventures.
•      Insiders and affiliates have invested over $40 million in equity.
•      According to industry experts, ETAK has at least a 2-year lead time over any of its competition in providing a turnkey resale telecom platform to enable the next generation of virtual operators.
•      Re-occurring subscription financial model through contracts with T-Mobile and Vodafone.
•      Announced an agreement to acquire ValidSoft Limited, a provider of sub-second identity verification, fraud prevention and false positive reduction for Credit and debit card ATM and POS (Point of Sale) transactions. ValidSoft provides a real-time, cost effective solution for banks, online buyers and regulatory agencies in securing all financial transactions, while greatly reducing operational costs.
•      ValidSoft, also specializes in Location Based Services that allows for targeted mobile advertising and instant mobile coupons to be provided to shoppers via their mobile devices while they are in relevant retail locations.
•      Users will also be provided mapping/navigating services, instant rewards programs, secure transaction services, anti-fraud plastic card/phone matching services, security services, personal protection and online medical applications.
 

Management Team:

Steven van der Velden, Chairman, President and Chief Executive Officer - has been associated with the Company since 2006. He has extensive experience in the fields of consultancy, logistics, real estate development, telecommunication, ecommerce, and investment management, along with successes in having started over a dozen companies prior to joining ETAK. Steven is the Chairman of QAT Investments a Luxemburg venture capital fund that aims for active participation in early-stage technology companies. In 1994 Steven cofounded the International Telemedia Association, known today as the Network for Online Commerce, and served as its first chairman. In the same year he co-founded InTouch Telecom to offer a wide range of business and consumer telecom applications to the Belgium market.

Martin Zuurbier, Chief Technology Officer - has over 15 years of experience in the telecommunications field, including his service as director and founder of Vocalis Telecom Group located in the Netherlands and Switzerland. This also includes his experience in building, maintaining, and operating a telecommunications network that spans eight countries in Europe. Having this background has benefited ETAK’s back-office billing and CRM capabilities. Mr. Zuurbier is also experienced in developing new switching technology, an experience gained while working on several collaborative projects with numerous technology vendors.

Mark Nije, Chief Financial Officer – prior to being CFO he was general manager Europe 2007-2008, a function he held since the end of 2004 within the acquired Benoit Telecom Group. Mr. Nije has experience in all areas of management with primary responsibilities in finance and business control. Mr. Nije started as project manager and management consultant for Tebodin Consulting Engineers and Reitsma & Wertheim Merger & Acquisition specialists, the Netherlands. He co-founded and managed Logistic Management International NV, an international cargo transportation and airport handling company at the airport of Curacao, Netherlands Antilles. He is a partner of QAT Investments SA, the Luxemburg venture capital fund, where he has been active as investment manager and/or board member in various ICT related ventures of QAT.

For more information please visit www.elephanttalk.com.