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Elephant Talk CEO Steven van der Velden Interviewed by CDTV.net
Dec. 1, 2010 (Marketwire) --

SCHIPHOL, THE NETHERLANDS -- (Marketwire) -- 12/01/10 -- Elephant Talk Communications, Inc. (OTCBB: ETAK) (the "Company") (http://www.elephanttalk.com/) an international provider of business software and services to the telecommunications and financial services industries announced that CEO and President Steven van der Velden was interviewed by CDTV.net, a New York-based financial network (www.cdtv.net). The interview currently is available at http://www.cdtv.net/users/content/steven-van-der-velden-ceo-elephant-talk-etakob-company-update-0

In the interview, Mr. van der Velden described Elephant Talk's business model for enabling both mobile carriers and virtual operators to enhance their relationship with their customers through cloud-computing solutions, without making major new investments in technology infrastructure.

Mr. van der Velden also discussed the November 29, 2010 announcement that Visa Europe has entered into a contractual arrangement with ValidSoft Limited (www.validsoft.com), a wholly owned subsidiary of Elephant Talk Communications, Inc. (OTCBB: ETAK), for the provision of its fraud-prevention solutions, VALid-POS®, a sophisticated card fraud detection and prevention solution, and VALid®, ValidSoft's multi-factor authentication platform. ValidSoft is a global supplier of authentication and transaction verification solutions. The agreement will allow Visa Europe to integrate and market the solutions as services to its member banks as part of its European processing platform.

Elephant Talk Communications, Inc. is an international provider of business software and services to the telecommunications and financial services industry. The company enables both mobile carriers and virtual operators to offer a full suite of products, delivery platforms, support services, superior industry expertise and high quality customer service without substantial upfront investments from clients. Elephant Talk provides global telecommunication companies, mobile network operators, banks, supermarkets, consumer product companies, media firms, and other businesses a full suite of products and services that enables them to provide telecom services as part of their business offerings. The company offers various products that include remote health care, credit card fraud prevention, mobile Internet ID security, multi-country discounted phone services, loyalty management services, and a whole range of other emerging customized mobile services. For more information visit: www.elephanttalk.com.

ValidSoft is a subsidiary of Elephant and is a market leader in providing solutions to counter electronic fraud relating to card, the Internet, and telephone channels. ValidSoft's solutions are at the cutting edge of the market and are used to verify the authenticity of both consumers and institutions (Mutual Authentication), and the integrity of transactions (Transaction Verification) for the mass market, in a highly cost effective and secure manner, yet easy to use and intuitive. For more information please visit www.validsoft.com.

VALid-POS® was awarded the European Privacy Seal in March 2010, certifying its compliance with European Data Protection law and enabling issuers to implement on an opt-out basis only -- ValidSoft is the only security software company in the world to be certified to EuroPriSe standards.

About Elephant Talk Communications

Elephant Talk Communications, Inc. (OTCBB: ETAK) is an international provider of business software and services to the telecommunications and financial services industry. The company enables both mobile carriers and virtual operators to offer a full suite of products, delivery platforms, support services, superior industry expertise and high quality customer service without substantial upfront investments from clients. Elephant Talk provides global telecommunication companies, mobile network operators, banks, supermarkets, consumer product companies, media firms, and other businesses a full suite of products and services that enables them to fully provide telecom services as part of their business offerings. The company offers various dynamic products that include remote health care, credit card fraud prevention, mobile internet ID security, multi-country discounted phone services, loyalty management services, and a whole range of other emerging customized mobile services. For more information visit: www.elephanttalk.com.

About ValidSoft

ValidSoft is a subsidiary of Elephant Talk Communications, Inc. (OTCBB: ETAK), and is a market leader in providing solutions to counter electronic fraud relating to card, the internet, and telephone channels. ValidSoft's solutions are at the cutting edge of the market and are used to verify the authenticity of both consumers and institutions (Mutual Authentication), and the integrity of transactions (Transaction Verification) for the mass market, in a highly cost effective and secure manner, yet easy to use and intuitive. For more information please visit www.validsoft.com.

Forward-Looking Statements

Certain statements contained herein constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations, estimates and projections about the Company's industry, management's beliefs and certain assumptions made by management. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Because such statements involve risks and uncertainties, the actual results and performance of the Company may differ materially from the results expressed or implied by such forward-looking statements. Given these uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Unless otherwise required by law, the Company also disclaims any obligation to update its view of any such risks or uncertainties or to announce publicly the result of any revisions to the forward-looking statements made here; however, readers should review carefully reports or documents the Company files periodically with the Securities and Exchange Commission.

Contact:
Elephant Talk Communications, Inc.
Mr. Steven van der Velden
Tel: + 31 20 653 59 16
Email Contact

Investors:
Alliance Advisors, LLC
Thomas P. Walsh
Tel: + 1 212-398-3486
Email Contact



Source: Marketwire (December 1, 2010 - 9:20 AM EST)

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