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Teliphone Corp. Acquires Cloud-Phone Inc.

About Cloud-Phone Inc.

Cloud-Phone Inc. founded in 2011 brings businesses the flexibility and versatility of a reliable cloud-based, Unified Communications phone system with game-changing features, at a price any business can afford. The carrier grade, redundant service complemented with modernized game-changing features including auto attendant, call forwarding, voicemail-to-email, and find-me-follow-me functions that bring businesses cost savings and improved productivity benefits. The launch of service was in response to overwhelming business demand for cloud-hosted phone services. Cloud-Phone's platform technology has been developed to provide an open standards, customizable, and flexible solution that works with any company's workflow.

Forward-Looking Statements

This press release includes "forward-looking statements" as defined by the SEC. All statements, other than statements of historical fact, included herein that address activities, events or developments that Teliphone Corp expects, believes or anticipates will or may occur in the future, including anticipated benefits and other aspects of the proposed acquisition, are forward-looking statements. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of their dates. Except as required by law, Teliphone Corp does not intend to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.

CONTACT: Teliphone Corp
         Lawry Trevor-Deutsch
         Tel: +1 604 990-2000

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