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Post# of 596898
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Monday, 10/09/2006 10:12:54 AM

Monday, October 09, 2006 10:12:54 AM

Post# of 596898
SLNH...Contract with Googletalk

Splinternet Communications Launches Voice over IP Service for GoogleTalkTM Users
Hartford -
HARTFORD -- Splinternet Communications, a wholly-owned subsidiary of Splinternet Holdings, Inc. (OTCBB: SLNH), announced that it has launched a service which enables users of the GoogleTalkTM instant messaging service to communicate with anyone, anywhere via the Public Switched Telephone Network (PSTN). By inviting Splinternet to be their “buddy,” GoogleTalkTM users can initiate a voice conversation to any telephone worldwide.

The product is currently in beta testing, and commercial launch is expected later this month. Initial promotions will give all new users a small credit, enabling them to use the service for a short period of time at no charge. After the initial credit is used up, users will be asked to provide any major credit card, and will pre-pay for the service on a per-minute basis, without a recurring monthly fee. Their accounts will be debited as minutes are used. Fees will be competitive with existing VoIP services.

James Ackerly, Splinternet Holdings’ CEO, commented, “We are thrilled to provide Google’s customers with the opportunity to expand their GoogleTalkTM client software functions. Now they will be able to hold voice conversations with users on cell phones and land line phones around the world, in addition to PCs. We believe that ultimately all voice calls will be internet-enabled, and Splinternet’s new gTalk-to-PSTN service is just one avenue to capture that revenue growth. Our GoogleTalkTM service is just one of the many opportunities that Splinternet is currently pursuing, and we believe our flexible architecture and scalable products will allow us to target many similar growth opportunities.”

Splinternet, Google, GoogleTalk and gTalk trademarks are held by their respective owners and there is no currently executed agreement to cross-market the above-mentioned products and services when they are released from beta.

About Splinternet Holdings, Inc.

Splinternet Holdings (www.splinter.net) is a holding company whose single current wholly-owned subsidiary is Splinternet Communications. Splinternet Communications is a developer of products, services, and marketing strategies centered around opportunities in Internet Telephony. Splinternet Communications’ approach is to develop products and services that will capitalize on the shift in telecommunications technologies from traditional telephony to Voice over Internet Protocol (VOIP) by creating a diversified suite of offerings which have a broad range of functionality and will, in the aggregate, meet the needs of the largest possible addressable market.

Centered on a core technology, current projects include the above GoogleTalk-to-PSTN service, Hosted retail VOIP service, and Wholesale Carrier service. Splinternet is committed to being the lowest cost provider and to use partnership marketing whenever possible, allowing the company to quickly take advantage of market and regulatory shifts internationally. Splinternet Holdings is actively seeking investment opportunities in companies which would benefit from using VOIP to lower their cost of providing services to existing communications customers.

SEC Filings and Forward-Looking Statements

Certain statements made in this release are forward-looking statements. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business of Splinternet Holdings, Inc. and the industries and markets in which Splinternet Holdings, Inc. operates. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions, which are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or implied by these forward-looking statements.

Factors which may affect the forward looking statement identified above and Splinternet Holdings, Inc.'s business, financial condition and operating results generally include the effects of adverse changes in the economy, reductions in consumer spending, declines in the financial markets and the industries in which Splinternet Holdings, Inc. and its partners operate, adverse changes affecting the Internet and Voice-Over-IP (VOIP) telephony , the ability of Splinternet Holdings, Inc. to develop and maintain relationships with strategic partners and suppliers and the timing of its establishment or extension of its relationships with strategic partners, the ability of Splinternet Holdings, Inc. to timely and successfully develop, maintain and protect its technology and product and service offerings and execute operationally, the ability of Splinternet Holdings, Inc. to attract and retain qualified personnel, the ability of Splinternet Holdings, Inc. to successfully integrate its acquisitions of other businesses, if any, and the performance of acquired businesses. Splinternet Holdings, Inc. expressly disclaims any intent or obligation to update these forward-looking statements, except as otherwise specifically stated by Splinternet Holdings, Inc.


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