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"PHBR" Huge News, OTC-Network Announces a One Million Share Common Stock Open Market Purchase Representing Well over 25 Percent of the PhoneBrasil Float
Thursday July 17, 8:00 am ET

MIAMI--(BUSINESS WIRE)--PhoneBrasil International, Inc. (PINK SHEETS: PHBR), announces IR/PR Pros company founder Kyle Roberts has recently informed the CEO of PHBR, Anderson Dias, that over the recent months their group consisting of long term speculative private investors have purchased over 1,000,000 shares of common stock. He commented additionally, “Our investors work together as a tight knit group buyer to accumulate substantial positions in small cap companies ridding the market of their bear sellers while soaking up much desired low cost equity. Part of the group has set some of their sell triggers between $2.15 and as high as $4.00. We want the market to be clear because of recent inquiries made to our group that neither the OTC-Network nor its affiliates have been compensated for the open market purchase of PHBR stock by our investment club. Our recommendation to our followers has been through raw due diligence and fundamental statistics surrounding the Telecom Business, the share structure of PhoneBrasil and our desire for return on our group’s investment.”

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IR/PR Pros is highlighting the recent press release on June 17th (http://biz.yahoo.com/bw/080617/20080616006662.html?.v=2) which stated: “PhoneBrasil International, Inc. and Atlanta, GA based Tacora Wireless Inc. had previously announced late last year both parties had finalized, dually signed, and executed the agreement for the first large-scale WiFi/Wimax Platform in Brazil. IR/PR Pros company founder commented, 'Understand and take into mind this type of large scale network/platform takes time, lots of planning, proper testing, and requires many local, state, and Federal approvals.' PHBR now having Governmental approval is advancing in achieving the necessary process to get final approval from TUV and CPQD. Upon the full completion (roughly 2 years) this First large-scale Wi-Fi/WiMAX will have a valuation of over $1 Billion US.”

In the recent news, a Comprehensive Report focusing on communications and PhoneBrasil International, Inc. has been published at http://irprpros.com.

Shares of PHBR closed Wednesday at $0.575 a share, up $0.005 on the day, and have consistently proven over the past four quarters that they can trade well above $1.25 per share.

About PhoneBrasil

PhoneBrasil International, Inc. is an American-based company specializing in Hybrid VoIP, cellular, Broadband and WIFI Technology in the Latin American market, as well as servicing the International Telecommunication Markets. PhoneBrasil presently services four niche markets supplying VOIP Technology to and for the wholesale and retail markets as well as providing calling cards and boxes. PHBR offers prepaid VoIP calls and equipment, and remains focused on dominating technological aspects like software, billing, supply, and cost savings for the new VoIP industry.

Important Notice and Disclaimer

IR/PR PROS is a technology news service which publishes reports providing information on selected companies that it believes has investment potential. IR/PR PROS is not a registered investment advisor or broker-dealer. This report is provided as an information service only, and the statements and opinions in this report should not be construed as an offer or solicitation to buy or sell any security. IR/PR PROS accepts no liability for any loss arising from an investor's reliance on or use of this report. An investment is considered to be highly speculative and should not be considered unless a person can afford a complete loss of investment. IR/PR PROS has chosen to cover PhoneBrasil International Inc free of charge and of its own accord. This report contains forward-looking statements, which involve risks and uncertainties - including, but not limited to, risks associated with changes in general economic and business conditions, including financial information, actions of competitors, the extent to which we are able to develop new services and markets for our services, the time and expense involved in such development activities, the level of demand and market acceptance of the company's services, and/or changes in its business strategies - that may cause actual results to differ materially from those set forth in the forward-looking statements. For further details concerning these risks and uncertainties, please request additional information directly from the companies above or obtain the SEC filings of the companies including the companies' most recent annual and quarterly reports.

A PhoneBrasil Investor Report has been made available at: www.phonebrasil.info.


Contact:

IR/PR PROS
Kyle Roberts, 954-865-0459
[e-mail]
www.irprpros.com
or
PhoneBrasil International, Inc.
305-600-4156

Source: IR/PR PROS