ORANGE, Calif., Aug. 7 /EMWNews/ -- Elephant Talk

Communications, Inc. (OTC Bulletin Board: ETAK), an international telecom

and multimedia content distributor, has been featured as "stock pick" of

the week on Larry Oakley's WallStreetCorner.com.



    Oakley, an internationally known financial author and lecturer, is

often referred to as the "Elder Statesman of Emerging Growth Investment

Writers," and he founded WallStreetCorner.com as the online editorial venue

for his Conservative Speculator newsletter, sent by mail for about 15 years

to investors in 20 countries.






    The full commentary is available at

http://www.wallstreetcorner.com/stockpick.html.

    About Elephant Talk Communications



    Elephant Talk Communications is positioning itself as an international

telecom operator and enabler/systems integrator to the multimedia industry

by facilitating the distribution of all forms of content, as well as mobile

and fixed-telecom services, to global telecommunications consumers. The

company provides traditional telecom services, media streaming, and

distribution services primarily to the business-to-business (B2B) community

within the telecommunications market. Elephant Talk is also a system

integrator and developer for mobile telecom and content distribution

solutions; and, as a Mobile Virtual Network Enabler (MVNE), the company has

positioned itself as the premier outsourcing partner for both Mobile

Network Operators (MNO's) as well as for Mobile Virtual Network Operators

(MVNO's). ETLK is positioning itself as the preferred MVNE partner of the

larger, global Mobile Operators and currently operates sophisticated

networks in over a dozen markets in Europe, Asia Pacific, and the Middle

East.



    Forward-Looking Statements



    Certain statements contained herein constitute "forward-looking

statements" within the meaning of the Private Securities Litigation Reform

Act of 1995. These forward-looking statements are based on current

expectations, estimates and projections about the Company's industry,

management's beliefs and certain assumptions made by management. Readers

are cautioned that any such forward-looking statements are not guarantees

of future performance and are subject to certain risks, uncertainties and

assumptions that are difficult to predict. Because such statements involve

risks and uncertainties, the actual results and performance of the Company

may differ materially from the results expressed or implied by such

forward-looking statements. Given these uncertainties, readers are

cautioned not to place undue reliance on such forward-looking statements.

Unless otherwise required by law, the Company also disclaims any obligation

to update its view of any such risks or uncertainties or to announce

publicly the result of any revisions to the forward-looking statements made

here; however, readers should review carefully reports or documents the

Company files periodically with the Securities and Exchange Commission.