Wireless Provider TelePlus Q1 Results Show Strong Performance



TelePlus Reports Preliminary Q1 Revenues of U.S. $2.96 Million, 24% Gain Over Last Year

MONTREAL, -/29 April, 2005 - Wi-Fi Technology Forum/- TelePlus Enterprises, Inc. (OTCBB: TLPE), a vertically integrated provider of wireless and landline communications products and services across North America announced that first quarter results indicate revenues of USD $2.96 million, representing a 24% increase over the same period last year in which the Company reported revenues of USD $2.4 million.

?Our first quarter results reflect a continued strong performance from our operations,'' stated company CEO Marius Silvasan. ?We are further pleased that these results were achieved without the impact of the Keda and Freedom acquisitions. These acquisitions will impact the results in the next quarter.''

The company's first quarter financials will be disclosed mid-May. Investors are asked to e-mail all questions and correspondence to TLPE@agoracom.com where they can also request to be added to the TelePlus investor e-mail list to receive all future press releases and updates directly.

About TelePlus http://www.teleplus.ca

TelePlus Enterprises, Inc. (?TelePlus'') is a vertically integrated provider of wireless and landline products and services across North America. The Company's retail division - TelePlus Retail Services, Inc. - owns and operates a national chain of TelePlus branded stores in major shopping malls, selling a comprehensive line of wireless and portable communication devices. TelePlus Wireless, Corp. operates a virtual wireless network selling cellular network access to distributors in the United States. TelePlus Connect, Corp. is a reseller of landline and long distance services including Internet services.

TelePlus Entreprises, Inc. is a featured Company on www.InvestingInWireless.com and www.TelecomIndustryStocks.com