Voiceserve, Inc. Releases VOIP Video Conferencing for iPhone

LONDON--(BUSINESS WIRE)--VoiceServe, Inc. (OTC BB: VSRV), a low-cost, next-generation Internet Telephony software and service provider, today released the latest version of its Vippie mobile dialer for iPhones that supports video calling to other iPhone users as well as to any SIP device. The application developed by Voipswitch for video conferencing, lowers the bandwidth usage to as little as 140Kb/s. The application is available in Apple’s App Store under the name Vippie Video Softphone (http://itunes.apple.com/us/app/vippie-video-softphone-voip/id407806595?mt=8).

Michael Bibelman, Voiceserve’s CEO, said, “During 2010, our 90 person engineering team in Poland was highly productive launching 19 new modules, enhancing our core VoIP software offering. Our software continues to lead the market in new VoIP applications. We are the first to market with the VoIP video conferencing for iPhone feature as a module, which will support other SIP users. To date, most smart cell phones can benefit from the broad array of the Voipswitch modules, including numerous convenience features such as conferencing, call forwarding, call waiting and texting, to name a few. With the announcement today, we are beginning our VoIP video service and, in future releases, we plan to add support for higher resolution video and support for additional compression systems.”

About VoiceServe, Inc.

VoiceServe is a software platform provider focusing primarily on delivering affordable, complete, next generation services to Internet Telephony Providers (ITSPs). Products include VoipSwitch, a custom modular all-in-one Voice over Internet Protocol (VoIP) management platform licensing solution for resellers; VoIP airtime minutes bundled with optional convenient features, including virtual numbers, direct dial, web callback, and call forwarding; IP-PBX; and mobile softphone, and video technologies. For further information please visit www.voiceserve.com. More information about Voipswitch can be found at www.voipswitch.com.

Certain statements in this news release may constitute “forward-looking” statements within the meaning of section 21E of the Securities and Exchange Act of 1934. The Company believes that its expectations, as expressed in these statements are based on reasonable assumptions regarding the risks and uncertainties inherent in achieving those expectations. These statements are not, however, guarantees of future performance and actual results may differ materially. Risk factors are listed in the most recent Annual Report on Form 10-KB and Quarterly Report on Form 10-QB filed with the Securities and Exchange Commission.