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IPVoice Communications Inc. Acquires Homeland Security Firm with $5 Million

Revenue Forecast in 2004

Business Editors/High-Tech Writers

DALLAS--(BUSINESS WIRE)--March 9, 2004--

IPVoice Moves Closer to $37 Million in Forecasted 2004 Revenue Run
Rate with Addition of Digital Computer Integration Corp

IPVoice Communications, Inc. (OTCBB:IPVO) today announced
completing the fifty-one percent acquisition of Digital Computer
Integration Corp (DCI). DCI is valued at $10 million with a profitable
2004 sales forecast of well over $10 million. DCI has already
responded to $18 million in requested proposals this year to customers
with whom DCI has previously won contracts. IPVoice issued a
restricted $5 million dollar convertible note with no registration
rights in exchange for 51% of DCI. IPVoice is also providing DCI with
$350,000 in working capital and a $1 million credit line.
DCI is a fourteen-year-old corporation located in Plano, Texas
that specializes in the development of non-standard products for use
in the United States and Allied military applications, as well as
homeland security and public safety applications. Custom solutions
have included mission critical command and control computers,
emergency vehicle mobile computing solutions and WIFI systems.
"IPVoice is already well ahead of plan for 2004 and the addition
of DCI will extend that lead," said Philip Verges, CEO of IPVoice. "We
have recently increased our 2004 sales forecast to $37 million and I
anticipate we will have to raise our projections as the year
progresses. DCI has over $18 million currently in their sales pipeline
and we are conservatively forecasting only $5 million in sales, based
mostly on contracts already awarded. We have already flown our
business development manager in from our Infotel operation in
Singapore to the United States to build a DCI product plan for
Singapore where Infotel has a history of over 15 years as a government
contractor. Going forward, we anticipate identifying and closing on
additional synergistic opportunities."

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 five consecutive profitable quarters and establishing an
annualized $10 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. IPVoice plans to acquire additional companies
similar to Infotel and IP Global Voice as part of an overall plan to
continuously launch emerging communication technologies.

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.

--30--MJR/da*

CONTACT: IPVoice Communications Inc., Dallas
Investor Relations, 972-386-3372 (211)
[e-mail]
www.ipvoice.com

KEYWORD: TEXAS
INDUSTRY KEYWORD: GOVERNMENT TELECOMMUNICATIONS NETWORKING
SOFTWARE HARDWARE MERGERS/ACQ
SOURCE: IPVoice Communications Inc.

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Mar-09-2004 15:31 GMT
Symbols:
US;IPVO
Source BW Business Wire
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