iVoice, Inc. Announces Additional Dividend/Distribution To Shareholders; iVoice, Inc. to Distribute Shares of Laser Energetics, Inc.

MATAWAN, N.J. -- iVoice, Inc. (OTC Bulletin Board: IVOI) announced today that it intends to distribute 6.0 million Class A common stock shares of Laser Energetics, Inc. (Pink Sheets: LNGT) to the Company's shareholders. Once completed, this would be the fifth common stock dividend/distribution issued by the Company to its shareholders so far; previous dividends distribute were Trey Resources, Inc., iVoice Technology, Inc., SpeechSwitch, Inc. and DeepField Technologies, Inc.

iVoice Chairman and CEO Jerry Mahoney said, "iVoice is distributing 6.0 million shares of Laser Energetics, Inc. to our shareholder base. The distribution of shares will take place upon final approval by the board of directors of the terms and conditions of the distribution and the effectiveness of required Securities and Exchange Commission filings. The record date will be established upon the effectiveness of the registration statement by the Securities and Exchange Commission." The Laser Energetics, Inc. filing with the Securities and Exchange Commission, may be viewed at: http://www.sec.gov/Archives/edgar/data/1072072/000119380506001149/ 0001193805-06-001149.txt (Due to its length, this URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists).

"As we said earlier, we have determined that the best way to create shareholder value, separate and apart from the operating performance of iVoice, is to implement spin-offs of subsidiary companies or distributions of non-affiliated entities by distributing shares of our various subsidiaries or non-affiliated entities to the iVoice shareholders. We will continue to seek acquisitions -- particularly in candidates that represent excellent growth potential, are in a viable and stable market segment and employ management teams committed to the organization's success. Our cash reserves of over $9.6 million will assist in the execution of either strategy," Mahoney said.

Laser Energetics, Inc. - Established 1991

Laser Energetics, Inc. is an experienced leading-edge, high-tech laser company. The company is focused on UV, Visible and IR laser technology as it applies to industry, scientific, medical and government applications.

About iVoice, Inc.

iVoice has determined that the best way to create shareholder value, separate and apart from the operating performance of iVoice, is to implement new business opportunities by distributing shares of spin-offs to the company's shareholders. The common stock distributions are part of a broader strategy relating to the transition of iVoice into a company focused on the development and licensing of proprietary technologies. We also continue to search for potential merger candidates with or without compatible technology and products, which management feels may make financing more appealing to potential investors.

Certain information included in this press release, may contain forward-looking statements about our current and expected performance trends, growth plans, business goals and other matters. These statements may be contained in our filings with the Securities and Exchange Commission, in our press releases, in other written communications, and in oral statements made by or with the approval of one of our authorized officers. Information set forth in this press release contains various "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The Private Securities Litigation Reform Act of 1995 (the "Act") provides certain "safe harbor" provisions for forward-looking statements. The reader is cautioned that such forward-looking statements are based on information available at the time and/or management's good faith belief with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the statements. Forward-looking statements speak only as of the date the statement was made. We assume no obligation to update forward-looking information to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking information. Forward-looking statements are typically identified by the use of terms such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "might," "plan," "predict," "project," "should," "will," and similar words, although some forward-looking statements are expressed differently. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct.

For more information on iVoice, please visit http://www.ivoice.com or http://www.thomaspharmaceuticals.com/