IPVoice Communications Inc. Increases 2004 Forecast To $50 Million Revenue Run Rate; Business Plan Momentum May Prove New Projections to Be Conservative

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High-Tech Writers / Business Editors DALLAS--(BUSINESS WIRE)--IPVO-- IPVoice Communications, Inc. (OTCBB:IPVO) increased the company's 2004 revenue forecast today to a revenue run rate of $50 million by the end of 2004. After the first summit meeting last month with the Presidents and Chief Financial Officers of the recently acquired companies, IPVO has determined that due to organic growth from improving business conditions, along with planned merger and acquisition activity, it is necessary to increase the revenue run rate projections for 2004. IPVoice has acquired IP Global Voice (renamed XIPTEL) based in San Francisco, Infotel Technologies headquartered in Singapore, Medical Office Software headquartered in Fort Lauderdale, Fla., Digital Computer Integration Corp. based in Plano, Texas, and RKM IT Solutions, headquartered in Caracas, Venezuela. IPVoice's pending LOI's and ongoing negotiations with other acquisition candidates have required an increase in the forecast from the previously announced $37 million. Philip Verges, CEO of IPVoice, said, "It has become increasingly evident that the cross-selling opportunities, improving global economies and merger and acquisition activity should result in IPVO meeting this new forecast of a $50 million run rate. Our very active M&A plan, from announced to yet to be announced acquisitions, have encouraged us to update our shareholders with this new forecast. As we continue our progress in executing our business plan through 2004 we will announce updated guidance on our projections." About IPVoice Communications Inc. IPVoice is a six-year-old company that has reported as a research and development concern for most of its history. In 2002, IPVoice launched a new business plan, which has resulted in the Company posting six consecutive profitable quarters and establishing an annualized $15 million in revenue. The Company is actively acquiring early-stage proprietary technology companies and financially distressed systems integration companies in specific global markets. In 2003, IPVoice acquired Infotel Technologies in Singapore and IP Global Voice, led by CEO Peter Geddis, a former Executive Vice President and Chief Operating Officer of Qwest Communications (NYSE:Q). The Company recently acquired Medical Office Software Inc., diversifying its communications technology offering into the healthcare industry. RKM IT Solutions of Caracas, Venezuela was also recently acquired as IPVO's entry into the Latin American market. This press release contains statements (such as projections regarding future performance) that are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties, including but not limited to the risks inherent in the integration of Infotel Technologies into IPVoice Communications, Inc. business, the ability of IPVoice to restore and stabilize the client base of Infotel and re-establish relationships with key suppliers, the development and market acceptance of the products and services of the combined companies, demand for the telecommunication and other products and related services, domestic and foreign government spending, budgetary and trade policies, economic and political changes in the domestic and international markets where the Company competes, successful deployment of advanced technologies, competitive product and pricing pressures as well as other risks and uncertainties, including but not limited to those detailed from time to time in the Company's filings with the Securities and Exchange Commission. KEYWORD: INTERNATIONAL LATIN AMERICA TEXAS FLORIDA CALIFORNIA INDUSTRY KEYWORD: TELECOMMUNICATIONS SOFTWARE SOFTWARE HARDWARE MERGERS/ACQ SOURCE: IPVoice Communications, Inc. CONTACT INFORMATION: IPVoice Communications, Inc., Dallas Investor Relations, 972-386-3372 ext. 211 ir@ipvoice.com www.ipvoice.com

IPVO - IPVOICE COMMS (OTCBB)
Date Open High Low Last Change Volume % Change
04/27/04 1.1000 1.1000 1.0700 1.0800 -0.0150 159848 -1.37%

Composite Indicator
Trend Spotter (TM) Buy

Short Term Indicators
7 Day Average Directional Indicator Buy
10 - 8 Day Moving Average Hilo Channel Hold
20 Day Moving Average vs Price Buy
20 - 50 Day MACD Oscillator Buy
20 Day Bollinger Bands Hold

Short Term Indicators Average: 60% - Buy
20-Day Average Volume - 1614155

Medium Term Indicators
40 Day Commodity Channel Index Hold
50 Day Moving Average vs Price Buy
20 - 100 Day MACD Oscillator Buy
50 Day Parabolic Time/Price Sell

Medium Term Indicators Average: 25% - Buy
50-Day Average Volume - 1600862

Long Term Indicators
60 Day Commodity Channel Index Hold
100 Day Moving Average vs Price Buy
50 - 100 Day MACD Oscillator Buy

Long Term Indicators Average: 67% - Buy
100-Day Average Volume - 2080490

Overall Average: 56% - Buy

Price Support Pivot Point Resistance

1.10 1.05 1.10 1.14

Play the swings on this.

~~ Sold @1.29 for a $780 profit. 3 Hours. Done.

I've been posting about this stock for months and nobody responds.
I've been in this stock and posting about this stock since 0.18.

quote:

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Originally posted by 1BigTip:
Ok. How and where can you tell that theres more buyers then sellers, ect. ect..? I just started looking at the charts and I noticed the RSK but where can you see the buys and sells? Thanks

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NO R/S in the future to get to a specified share price.

AMEX may not be the listing of choice, other listings are more favorable.

15 MM rev run rate forecast was raised to 37MM for 2004. Old news. There will be an upward revision coming. No time frame but sounded like a matter of when not if.

IPVO shareholders will own any merged or acquired companies. Innoprise will offer debtor products to companies being merged and acquired. There will also be the possibility for Innoprise Investors to have some options on certain m&a's

If M&A are spun off the shareholders of IPVO would receive a dividend or the like (some reward) for the spin off.

Having stock price over $1.00 for 30 days has brought in a new breed of investor and has allowed Verges new bargaining power when speaking to wall street. An updated analyst report is likely but date was not specified as to when.

The first most likely spin off may come from the area of homeland security. (DCI)

Phil's card already says New Market Technologies. The stock symbol may or may not change.....not sure yet.

Dr. Wu in Beijing was a former government official with ties to technology development within the country. He is instrumental in our growth there. (Not new news)

Phil is using the services portion of the business to generate revenues and ongoing revenue streams from emerging products.

Name change in June.

The three market segments are Telecommunications, Healthcare, and Homeland Security. In Telecommunications there are areas of competency, VOIP, encryption, infrastructure, wireless broadband, software. In Healthcare there is HIPAA Compliance, Practice Management, Ops efficiency, and Claims processing. New targets of opportunity have been discussed recently in the healthcare field. In Homeland Security competency targets are, rugged mobile computing, and custom military applications.

All acquisitions will be with preferred stock. There is NO dilution of float or outstanding until late 2004 when an addition $3 million of shares will come in.

Dallas Business Journal = IPVO is the 3rd Fastest growing Public Company.

6 Consecutive Q's of profitability.

In 2003 over 5 million in assets were acquired.

In 2004 $3MM rev stream in MOS was acquired.

In 2004 DCI with 5MM in revs was acquired.

In 2004 RKM with 2 MM in revs was acquired.

In 2004 WFI LOI for 15 MM in sales is pending.

Innoprise Fund seeks 20 MM in funding and has 11MM subscribed to date.

1.6 MM in cash.

If he could have included Infotel in Q4 we would have 2003 revenue of 3 MM and over 2 MM in cash reported.

Growth will be skewed more toward organic than through M & A activity.

Heading to Europe in a few weeks.

**Posters thoughts, not mine**
IMO, the company is real. These are my opinions only that follow. They have a lot to do but they do seem to have traction. IMO, the critical mass will really kick in later this year, when the stock is closer to $3-4. The trading above $1.00 is important to them and they do realize that they must report when the reportable items. PR's that is. There style and business plan holds water from a MBA perspective, but I have not seem all of the financials that I would like to see. There is definitely a place for a company like this to help bring emerging technologies to life. One good spin off and this company will be moving much higher in share price. I want to repeat that IPVO shareholders own the M&A companies. There are companies out there that need the benefit of what IPVO brings to the party. IMO, this is not a triple overnight stock but it is a slow double to triple throughout the year into Q4.

Phil is a very likeable guy. Better than any OTCBB CEO that I have met. He left his business card and cell number with me without my asking.

Out 1.32