GREENSHIFT: TelePlus Establishes an Advisory Board and Appoints Kurt B. Gordon ...

TelePlus Establishes an Advisory Board and Appoints Kurt B. Gordon ...
PR Newswire (press release) - New York,NY,USA
... $100 million. Mr. Gordon also currently serves on the Board of Directors of GreenShift Corporation (OTCBB: GSHF). Mr. Gordon will ...

MONTREAL, June 1 /PRNewswire-FirstCall/ - TelePlus Enterprises, Inc.

(NASDAQ OTCBB: TLPE) (Frankfurt: YT3.F) announced today that Kurt Gordon

has been appointed Chairman of the newly created Advisory Board and Senior

Advisor to CEO Marius Silvasan. Mr. Gordon served as the CFO and consultant

of MobilePro Corp. (OTCBB: MOBL) since December 2003 until recently. During

his tenure at MobilePro, the company's market capitalization grew from

approximately $3 million to in excess of $100 million. Mr. Gordon also

currently serves on the Board of Directors of GreenShift Corporation

(OTCBB: GSHF).

    Mr. Gordon will assist the Company in recruiting other key contributors

to the Advisory Board, assist in debt and equity financings and fund

raising, help maintain existing equity relationships, provide public and

investor relations advice and contribute to operation efficiencies and

revenue and expense restructuring and savings. Mr. Gordon has extensive

experience in finance and operations with special focus on growing

entrepreneurial environments. "I would like to welcome Kurt to TelePlus. I

believe that his experience and network of contacts will be instrumental as

we continue to grow TelePlus. This is exactly how we intend to leverage

Kurt's expertise" commented Marius Silvasan, CEO of TelePlus. "The

Company's revenue run rate for 2006 is set at $30 million and we intend to

grow both organically and through strategic accretive acquisitions in the

MVNO arena; Kurt will certainly be an asset to us in the coming months as

we move forward on our expansion plans" added Silvasan.

    "I am excited to join Marius Silvasan and the rest of the TelePlus team

as we look to further grow its wireless and telecommunications products and

services. The TelePlus prepaid wireless services business model is first

rate and is well positioned in the market place. Marius and his team have

made significant accomplishments, including recording cash flow positive

and net income positive results, while accretive acquisitions have been

completed, a feat not easily achieved. I look forward to contributing to

the company's growth initiatives, including organic growth, operation

efficiencies and accretive acquisitions that will significantly increase

shareholder value" said Kurt Gordon, Chairman of the TelePlus Advisory

Board.

    Prior to joining TelePlus, Kurt Gordon has served as Chief Financial

Officer of MobilePro Corp. (OTCBB: MOBL) since March 2004 and as a

consultant between November 2003 and February 2004. He has over 16 years of

experience in finance and operations with special focus on growing

entrepreneurial environments. Between April 2000 and September 2003, Mr.

Gordon was Chief Financial officer of TARGUS Information Corporation, which

pioneered the development of real time intelligence providing businesses

access to information about businesses and consumers who contact them by

telephone, Internet and wireless devices. Gordon was a key contributor

during TARGUS Information Corporation's largest revenue and employee growth

phase. Between March 1997 and April 2000, Mr. Gordon served in several

capacities including Director of Finance for KSI Services Incorporated, a

real estate acquisition and development corporation. Mr. Gordon also serves

on the board of directors of GreenShift Corporation (OTCBB: GSHF) an

environmental focused company whose mission is to develop and support clean

technologies and companies that facilitate the efficient use of natural

resources and catalyze transformational environmental gains. GreenShift

Corporation executes its corporate mission through their subsidiaries

including Veridium, a publicly traded company (OTCBB: VRDM), INSEQ a

publicly traded company (OTCBB: INSQ) and Mean Green Biofuels. Earlier in

his career, Mr. Gordon served as a public accountant and consultant in the

Entrepreneurial Services group of Ernst & Young.

    To view the Wall Street Research Report & Analyst Interview, please visit

    Interview: http://www.teleplus.ca/download/TLPEAnalyst.wmv

    Report: http://www.wallstreetresearch.org/reports/tlpe.htm

    To view our most recent Investology research report, please visit

    http://www.investologyinc.com/company.php?id(equal sign)5

    Listen to our full Q1 webcast at:

  http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID(equal sign)1453540

    To view the CEO interview on the floor of the AMEX, please visit

    http://www.teleplus.ca/download/TLPE.wmv

    To view the most recent trader's report on TelePlus, please visit

    http://www.teleplus.ca/download/TLPEtrader.wmv

    About TelePlus (OTCBB: TLPE) http://www.TelePlus.ca

    TelePlus Enterprises, Inc. ("TelePlus") is a diversified North American

telecommunications company with offices in Miami, Florida; Montreal,

Quebec; and Barrie, Ontario. TelePlus was founded in 1999 and it has since

become a leading provider of wireless and telecommunications products and

services across the U.S.A. and Canada. In October 2003, TelePlus became a

publicly traded Company on the OTCBB under the symbol TLPE and since then

it has continued to grow organically and through strategic acquisitions.

The company's wholly-owned subsidiaries include TelePlus Wireless, Corp.

which operates a virtual wireless network selling cellular network access

to consumers and distributors in the United States under the "Liberty

Wireless" brand and TelePlus Connect, Corp. which resells landline, long

distance and Internet services in Canada under the "Telizon", "Freedom" and

"Avenue" brands.

    The statements which are not historical facts contained in this press

release are forward-looking statements that involve certain risks and

uncertainties, including but not limited to risks associated with the

uncertainty of future financial results, additional financing requirements,

development and acquisition of new product lines and services, government

approval processes, the impact of competitive products or pricing from

technological changes, the effect of economic conditions and other

uncertainties, and the risk factors set forth from time to time in the

Company's SEC reports, including but not limited to its annual report on

Form 10-KSB; its quarterly reports on Forms 10-QSB; and any reports on Form

8-K. TelePlus Enterprises, Inc. takes no obligation to update or correct

forward- looking statements.

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