Colorado's IP5280 Reaches Profitability, Record Growth in 2007 after First Full Year of Operations.

ENGLEWOOD, Colo. -- IP5280 Communications, Colorado's business VoIP specialists, announced today profitability along with strong customer and earnings growth in 2007 after completing its first full year of operations in 2006. Since January 2006, privately held IP5280, with one of the most experienced and tenured engineering teams in the Voice over Internet Protocol (VoIP) industry, has added more than 250 Colorado businesses, including those connected to branch offices in 15 countries. IP5280 is expecting to maintain positive growth and profits as the overall Colorado small- and medium-sized business marketplace accelerates its transition from traditional phone services to VoIP communication services.

The company also reported that the average recurring revenue per customer grew five fold from January to December 2006 while the average number of users per customer increased 55 percent in the same time period. This growth in revenue and users is attributed primarily to an increase in the number of medium-sized business customers.

"We're finding the number of medium-sized businesses looking for a feature-rich, communications platform that saves them money over their old phone company is increasing across the U.S., which is reflected in our record growth," said Jim King, chief financial officer of IP5280. "Our first year was remarkable. We achieved profitability after just one year of operating and proved our ability to serve both the small- and medium-sized business markets. We have successfully challenged businesses to rethink what to expect from their current phone service providers."

IP5280 found that Colorado businesses have become frustrated by the lack of advanced features with their legacy phone systems and switched to IP5280's Hosted VoIP platform. These companies needed a proven platform with enhanced IP calling capabilities and integrated mobility that they could deploy immediately to their employees. According to research group In-Stat, the U.S. business VoIP industry is forecast to grow from 373,000 today to 3 million users by 2010 and reach $2 billion in revenues by the end of the decade.

"Colorado businesses finally have a viable opportunity to upgrade their phone system and completely eliminate local and long distance charges," added Jeffrey Pearl, co-founder and managing partner of IP5280. "Businesses from across the state, including Mountain Managers and Arapaho Asset Management in Summit County, M2P Capital of Denver, Stapleton's Lion Financial Corporation and Omni Capital Group in Centennial, have already made the move in order to realize monthly savings and improved feature capabilities."

The management and engineering teams at IP5280 are veterans of the telecommunications industry, including such companies as ICG Communications, Level 3 Communications, Qwest Communications, MCI, and EchoStar Communications Corporation.

IP5280 offers a range of unlimited local and long distance VoIP calling packages and data solutions that includes Hosted VoIP and IP Business Trunking services which deliver full user mobility and email integration. Advanced features include sending voicemail to an email inbox, simultaneous ring on multiple phones, automatic logging of calls, auto attendant that greets callers and delivers calls to different employees, and traditional features such as conference call and three-way calling.

About IP5280

IP5280 is Colorado's VoIP Company, a Denver-based, next generation communications provider specializing in VoIP and converged IP voice and data services. IP5280 provides businesses the most advanced IP solutions to meet a variety of voice, data and IP networking needs. http://www.IP5280.com, 303-800-0000.