POPstar Restructures and Renames the Company VANCOUVER, BC -- (MARKET WIRE) -- 01/26/2006 -- POPstar Communications Inc. (POPstar) Pink Sheets (OTC: PLLN) today announced the restructure of POPstar the terms of which include a share roll back, a name change from POPstar to Peopleline Inc. (Peopleline) Pink Sheets (OTC: PLLN) and a change in the Board of Directors. Peopleline was previously the Brand name under which the POPstar retail VoIP services had been sold in Vancouver.
Ed Gallagher, the CEO of POPstar and now Peopleline, said, "POPstar has been unable to adequately fund day to day operations under current conditions making it impossible to either maintain the status quo or of growing the business. The restructure should alleviate both problems and also help position the Company to participate more effectively in the growing VoIP services market." Russ McDermott, the current VP of Marketing of POPstar and the driving force behind Peopleline services, is to be the President of Peopleline.
Other changes include Thompson Chu resigning as a Director of POPstar and Nick Lee, the founder and President of iBox Telecom in LA, agreeing to join the new Board as a Director of Peopleline.
About Peopleline
Peopleline is listed on the Pink Sheets (OTC: PLLN) and was established in 1998 to develop and sell VoIP/FoIP products and services to other Servi Providers around the Globe. Peopleline launched its Peopleline Brand of retail IP telephony services to local users in Vancouver in 2004. Peopleline has its own line of unified messaging products that have been proven both in the corporate Financial Service market in New York and service provider market in Asia for several years, and Peopleline is able to take advantage of these developments. The Company products run on Sun and Linux platforms, are compatible with Cisco gateways, and support both SIP and H323 devices. For further information, please visit http://www.popstar.net and http://www.peopleline.net
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