Overview

Voiceserve is a UK-based provider of low-cost Pay as You Go and prepaid cell phone services via the GSM Network to customers primarily in Africa, Europe and the Middle East. Products include Voice over Internet Protocol (VoIP) airtime minutes bundled with optional convenient features, including virtual numbers, direct dial, web callback, call forwarding, Softphone and no roaming. Customers can purchase local virtual numbers, from 29 countries with as many as 50 different cities in a single country, on one Voice SIM card. Access to Voiceserve's network allows customers savings on average up to 85% on international calls.

Voiceserve is in the process of launching its Voice SIM that will dramatically reduce mobile phone bills for international travelers because users will be exclusively on the Voiceserve network and will not incur roaming rates through other networks. Voiceserve expects to open satellite field offices in the Middle East and Africa. Additional offices are planned for Belgium, Holland, Israel, South Africa, Switzerland and the U.S.

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Investment Highlights

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What Is VOIP?

VoIP (Voice over Internet Protocol) is simply the transmission of voice traffic over IP-based networks.

The Internet Protocol (IP) was originally designed for data networking. The success of IP in becoming a world standard for data networking has led to its adaption to voice networking.

VoIP has become popular largely because of the cost advantages to consumers over traditional telepone networks. Most callers pay a flat monthly fee for local telephone calls and a per-minute charge for long-distance calls.

VoIP calls can be placed across the Internet. Most Internet connections are charged using a flat monthly fee structure.

VoIP technology transforms your high speed Internet connection into a regular phone line. But unlike old Internet phone technology, you don't need headphones, software or even a computer. You simply connect your existing phone to your ADSL/cable modem using our adapter and you can start making and receiving calls right away.

Another benefit of using VoIP is portability. VoIP technology gives you the freedom to move your phone line anywhere, anytime you want. You can receive phone service anywhere in the world, all you need is high speed Internet access. No technician setup is required and no expensive re-connect fees.

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Revolutionizing The Mobile Industry

Voiceserve is introducing its VoiceSIM which will end everyone’s mobile phone misery.

The SIM acts as an alternative to the mobile phone operators monopoly. It links the end user to Voiceserve’s exchange. The principle is simple & the electronics revolutionary. With the purchase of the SIM the client receives a certain amount of credit. After inserting the SIM into the phone the client simply dials his ultimate destination. The SIM sends the number as an SMS to Voiceserve’s exchange. Within 10-20 seconds the hand set from which the call was initiated will ring, as will the dialed destination number linking the calls. The final destination number is dialed by the Exchange. The client is connected Nationally, Internationally and to other Mobile phone operators at highly reduced rates. But the SIM has one more major advantage, it allows the rightful owner to dial the Virtual Internal Number of his fellow subscriber thereby linking the two parties at the cost of a local call.

If a Voiceserve registered user is connected to the Internet, and is located for example in Hawaii, and his colleague is walking the streets of Manhattan, by dialing the internal number with the SIM connected the two parties can converse for the charge of a local call.

Mobile Internet Phone – Simply plug and play.

The VOIP USB Memory Phone is a USB phone embedded with 128Mb memory drive. Once plugged into the computer’s USB port, the soft phone stored in the memory drive will auto run without any additional installation. Logging into an account is stored automatically, VoIP calls are made directly from the phones keypad. Live call date records can be seen on the internet by logging onto Voiceserve’s web site. The phone is very light and easy to carry around.

Phone Features:
• Built-in 64M bytes memory drive, memory can be updated to 128M bytes
• Auto run function under windows 2000 sp4 and XP
• Embedded in Softphone with account information
• Softphone and account information can be stored to be readable for end user
• Un-plug & close automatically without affecting PC system operation
• With LCD, keypad and ringer, easy to use like mobile phone
• Phone rings for all incoming calls, ring style and volume selectable
• Caller ID, echo cancellation, full duplex communication
• PC-to-PC, PC-to-phone, Phone to Phone operation

Advantages to end user:
• Calls between subscribers are FREE!!!
• Accessible from any computer hooked up to the Internet-Including Laptops,
• Accessible even from Hot Spots,
• Conference calls available,
• Accessible even from whilst on an airplane!!!
• Accessible from any Internet café,
• Convenient for both Business and residential user,
• Each phone has its own Independent Incoming number, making the user available from any Internet Connection globally,
• Most competitive outbound rates on the market

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VoipSwitch Acquisition

Established in 2001 and based in Poland, VoipSwitch creates various types of software that enable VoIP services and create coherent, efficient and easy to manage platforms. The feature that distinguishes this platform is its integrated, embedded billing system, which scales for growth. Since 2001. VoipSwitch has successfully implemented over 500 VoipSwitch systems all over the world.

Voiceserve, Inc. announced on October 17, 2007 that they expect the previously announced VoipSwitch acquisition to close before the calendar year-end. VoiceServe, Inc. acquired VoipSwitch for a combination of cash and stock totaling $3 million.

After Voiceserve completes purchasing Voipswitch Inc., the next twelve months thereafter the company anticipates a boost in sales through all their products. Revenues for the projected year should reach approximately $7,175,000.

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Multiple Revenue Streams

Voiceserve’s revenue stream will be from the following products:

1) Call Shop VOIP: - Revenues generated from sales of minutes through calling shops. The shops enable passers by to call overseas. The calling shops are interconnected to Voiceserve via the Internet. Voiceserve supplies each shop with a sophisticated reseller program enabling the shop to instantly determine its profitability.

2)Wholesale International Minutes: - Being interconnected to numerous telecom carriers, Voiceserve has the capacity to offer smaller resellers International, National and mobile minutes at very keen competitive tariffs. The resellers can hook up and be connected to Voiceserve’s network via VOIP, thus enabling them to pre-pay and purchase the minutes to the specified destinations.

3)Business- Residential VOIP minutes: - Being connected to an Internet connection, enables end users to utilize Voiceserve minutes at highly reduced rates irrespective of the global origination of the call.

4) Roaming SIM: - The traveler whilst visiting abroad can be accessed conveniently at reduced costs, and likewise can make outbound calls with tremendous reductions.

To increase and enhance its client base Voiceserve has created four sales channels: 1) Via Retailers: Sale of its newly developed SIM card inserted into mobile phones, 2) Via Resellers: An attraction for wholesale and retail distributors alike, to get commission on calls made via their clientele, 3) Via Internet: Advertising with Banner Promotions, 4) Via Advertising: Placing adverts in local and National Press.

The company expects to derive revenue from the sale of Voiceserve products and services. Voicesim’s GSM SIM card, the company's latest product, allows for telephone communication from 120 countries at highly reduced tariffs eradicating the exorbitant roaming charges. Consumers will purchase the SIM Card, which is compatible with most mobile phones. This provides massive savings for both incoming & outgoing calls while roaming in most countries, and a wealth of features not offered by traditional mobile operators. Variations of these services will compete in the Retail, Small-Medium Enterprise, and Large Enterprise, markets.

The main features offered through Voiceserve Networks are:
● Save up to 85% on calls from most and to most international destinations.
● Receive FREE incoming calls in most of Europe.
● One Mobile SIM card works in over 120 countries.
● Make and receive calls from all over the world.
● Have a local UK Geographic number associated with the SIM.
● At the touch of a button check the balance of your account.
● Add airtime minutes whenever you want

Additional sources of revenues will be generated from wholesale minutes, residential and business VOIP users.

Recent News and Press Releases

Voiceserve Gives Pre-Holiday Launch Date for VoiceSIM 2.0 (Wed, Oct 31)

Voiceserve Expects to Close VoipSwitch Acquisition by Year-end (Wed, Oct 17)

Voiceserve Issues Shareholder Update (Thu, Oct 4)

VOICESERVE INC Files SEC form 8-K, Other Events (Tue, Oct 2)

Voiceserve Engages Hawk Associates for Investor Relations Services (Mon, Oct 1)

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Management

MR. ARON SANDLER, CHIEF FINANCIAL OFFICER AND DIRECTOR.

Joined Voiceserve Limited in September 2005, investing funds to complete the development of Voiceserve’s VOIP products. Mr. Sandler a well known entrepreneur from the North East of England amassed his wealth having developed a very large real estate portfolio in the United Kingdom. His experience in real estate encompasses the development of both residential and commercial properties. Following Voiceserve Limited's successful launch of its complete range of products Mr. Sandler has taken an active role in the Company.

MR. MICHAEL BIBELMAN, CHIEF EXECUTIVE OFFICER AND DIRECTOR.

Co-founder of Voiceserve Limited has been involved in telecommunications since 1994. Having completed his studies in the summer of 1994, Mr. Bibelman acquired his marketing telecommunication skills after becoming an independent reseller for the former stock quoted company Viatel Inc. Mr. Bibelman achieved contracts with major Belgium and United Kingdom calling card distributors. In 1996 he joined Ambro International bringing his amassed calling card experience from Viatel and introduced the United Kingdom and Scotland telecommunications market with the famous “Big Talk” calling card. In March 2002 Mr. Bibelman co-founded Voiceserve Limited with the goal of developing VOIP technology and offering a complete solution to end users.

MR. ALEXANDER ELLINSON, CHAIRMAN OF THE BOARD OF DIRECTORS & PRESIDENT.

Co- founder of Voiceserve Limited has been involved in telecommunications since 1994. Having completed his studies in the summer of 1989, Mr. Ellinson became the senior Manager at Le Galerie Versailles Antique Auctioneers in Belgium. Mr. Ellinson's corporate telecommunication experience was gained after he became an Independent Marketing agent for the former stock quoted company Viatel Inc. He achieved major contracts with blue chip companies in both Holland and Germany. In 1996 Mr. Ellinson relocated from Europe to the United Kingdom where he became involved with the corporate infrastructure of Ambro International. In March 2002 Mr. Ellinson co-founded Voiceserve Limited with the goal of developing VOIP technology and offering a complete solution to end users.

MR. MIKE OTTIE, CHIEF OPERATIONAL OFFICER AND DIRECTOR.

Co-founding director of Voiceserve Limited has been involved in the telecommunications since August 1997. Having completed an accounting degree in July 1992, Mr. Ottie proceeded to acquire knowledge in computer and electronic systems. In August 1997 Mr. Ottie was appointed senior computer and switching engineer for Econophone UK. During September 2000 he became Chief Switching and Billing Manager for Ambro International, a United Kingdom telecom company which offered reduced rates to business and residential users. In March 2002 Mr. Ottie became the co-founder of Voiceserve Limited, with the goal of developing VOIP technology and offering a complete solution to end users.
 

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Contacts

Voiceserve Ltd.
Wisteria Cavendish House
369 Burnt Oak Broadway
Edgware Middlesex HA8 5AW
United Kingdom

By Telephone: 00 44 208 136 6060
By Email: info@voiceserve.net
By Fax: 00 44 207 900 2203

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FORWARD LOOKING STATEMENTS

This report includes forward-looking statements that reflect Voiceserve, Inc. current expectations about its future results, performance, prospects and opportunities. Voiceserve, Inc. has tried to identify these forward-looking statements by using words and phrases such as "may," "will," "expects," "anticipates," "believes," "intends," "estimates," "plan," "should," "typical," "preliminary," "we are confident" or similar expressions. These forward-looking statements are based on information currently available and are subject to a number of risks, uncertainties and other factors that could cause Voiceserve, Inc.'s actual results, performance, prospects or opportunities to differ materially from those expressed in, or implied by, these forward-looking statements. These risks, uncertainties and other factors include, without limitation, the Company's growth expectations and ongoing funding requirements, and specifically, the Company's growth prospects with scalable customers, and those outlined above. Other risks include the Company's limited operating history, the Company's history of operating losses, consumers' acceptance, the Company's use of licensed technologies, risk of increased competition, the potential need for additional financing, the terms and conditions of any financing that is consummated, the limited trading market for the Company's securities, the possible volatility of the Company's stock price, the concentration of ownership, and the potential fluctuation in the Company's operating results.

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