Bruce W. Barren, Chairman of EMCO/Hanover Group, Appointed to Board of Directors on Elephant Talk

Published In: Business, California 
Monday, January 28, 2008 8:30 AM
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ORANGE, Calif., Jan. 28 /PRNewswire-FirstCall/ -- The Board of Directors
of Elephant Talk Communications, Inc. (OTC: ETLK), a telecom and multimedia
content distributor with a growing international presence, today announced the
appointment of Bruce W. Barren to its Board of Directors. Mr. Barren has been
elected to the Board as an Independent Director and will serve on the Audit
and Finance, Compensation, and Nominating and Corporate Governance Committee
of the Board.

"Mr. Barren brings to Elephant Talk multi-industry experience, including
telecommunications," said Steven van der Velden, Chairman and CEO of Elephant
Talk. "His expertise adds further managerial, financial and marketing
capabilities to our IT and media content-management business." Mr. Barren has
been involved in more than 200 businesses in media, healthcare and industrials
worldwide, including locations where Elephant Talk operates. He has also acted
as advisor to international companies including China, Latin America and
European based concerns, in industries such as transportation, media,
communication and medical bio-sciences.

Bruce Barren is currently Group Chairman of The EMCO/Hanover Group, which,
since its inception in 1971, has concluded more than $3 billion in financial
transactions worldwide as international merchant bankers, representing more
than 1,000 separate corporate transactions. Mr. Barren specializes in matters
attendant to senior management decision process including those relating to
executive/employee compensation, wrongful terminations, board representation,
corporate valuations and merger/acquisition.

Mr. Barren has been honored by the White House, the Central American
Parliament and the Chinese Government. Mr. Barren has received a Bachelor of
Science degree from Babson College, and a Masters Degree from Bucknell
University. He holds graduate certificates in International Marketing and
Finance from Harvard Business School and Cambridge University.


About Elephant Talk

Elephant Talk Communications positions itself as an international telecom
operator and enabler/systems integrator to the multi-media industry by
facilitating the distribution of all forms of content and telecom services to
global consumers. The company provides its traditional telecom services,
media streaming and distribution services primarily to the business-to-
business (B2B) community within the telecommunications market where it has a
presence. Elephant Talk (www.elephanttalk.com) operates in over a dozen
markets in Europe, Asia Pacific and the Middle East.


Forward-Looking Statements

Note: Except for the historical information contained herein, this press
release and the statements of representatives of Elephant Talk Communications,
Inc. (the "Company") related thereto contain or may contain, among other
things, certain forward-looking statements, within the meaning of the Private
Securities Litigation Reform Act of 1995. Such forward-looking statements
involve significant risks and uncertainties. Such statements may include,
without limitation, statements with respect to the Company's plans,
objectives, projections, expectations and intentions and other statements
identified by words such as "projects", "may", "could", "would", "should",
"believes", "expects", "anticipates", "estimates", "intends", "plans" or
similar expressions. These statements are based upon the current beliefs and
expectations of the Company's management and are subject to significant risks
and uncertainties. The Company undertakes no duty to update these statements.


Actual results will vary, and may vary materially, from those anticipated,
estimated, projected or expected for a number of reasons, including, without
limitation: (i) risks and uncertainties associated with the integration of the
assets and operations the Company has acquired and may acquire in the future,
(ii) the Company's possible inability to raise or generate additional funds
that will be necessary to continue and expand the Company's operations, (iii)
the Company's potential lack of revenue growth, (iv) the Company's potential
inability to add new products and services that will be necessary to generate
increased sales, (v) the Company's potential lack of cash flows, (vi) the
Company's potential loss of key personnel, (vii) the possibility of
telecommunications rate changes and technological changes, (viii) the
potential for increased competition and (ix) other unanticipated factors.
Many of these risks are beyond the Company's control. Risk factors,
cautionary statements and other conditions which could cause actual results to
differ from management's current expectations are contained in the Company's
filings with the Securities and Exchange Commission, including the section of
the Company's Annual Report on Form 10-KSB, entitled "Risk Factors."


SOURCE Elephant Talk Communications, Inc.


 
Monday, January 28, 2008 8:30 AM

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