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ValidSoft CEO and Elephant Talk CTO to Address Industry Leaders at Brazil MVNO Conference


June 9, 2011 - Schiphol, The Netherlands

Elephant Talk Communications, Inc. (OTCBB: ETAK) (www.elephanttalk.com), an international provider of business software and services to the telecommunications and financial services industries, in conjunction with Cleartech, CPqD, and ValidSoft, is hosting a conference today in Sao Paulo, Brazil on "Security Challenges and the MVNO."

"All mobile operators and major financial institutions in Brazil are expected to attend," said Elephant Talk CEO Steven van der Velden. "This meeting will allow Elephant Talk, and our wholly-owned subsidiary, ValidSoft (www.validsoft.com) to present our capabilities and to provide an update on our partnership with Cleartech."

At today's conference at the Hotel Pullman Ibirapuerao, ValidSoft CEO Patrick Carroll will discuss, "Competitive differentiation through Security." Martin Zuurbier, Elephant Talk CTO, will present, "How a comprehensive MVNE Platform can help to achieve business objectives." Eduardo Prado, Business Manager of Cleartech, will provide a presentation named, "Overview of Opportunities through Near Field Communications."

Expected attendees at today's conference include: Brazil's Banco Bradesco, Banco do Brasil, Banco Itau, GD Burti, Oberthur, TIM, CLARO, VIVO, TELEFONICA, SERASA FEBRABAN, Ponto Frio, GetNet, and other companies. In addition to the focus on security issues, the conference will provide an update on the capabilities of the Mobile Virtual Network Enabler (MVNE) platform, to interested Brazilian companies.

Cleartech is a joint venture by the leading Brazilian IT companies HP, CPqD and DBA Engenharia. It serves as a clearinghouse of telecom companies in Brazil and manages number portability and interconnection billing and services shared by telecom operators in Brazil. Elephant Talk will provide cost-effective, flexible solutions to operate infrastructure services to the growing marketplace of Mobile Virtual Network Operators (MVNOs) in Brazil and their end-user customers.

About Elephant Talk Communications

Elephant Talk Communications, Inc. (OTCBB: ETAK) is an international provider of business software and services to the telecommunications and financial services industry. The company enables both mobile carriers and virtual operators to offer a full suite of products, delivery platforms, support services, superior industry expertise and high quality customer service without substantial upfront investments from clients. Elephant Talk provides global telecommunication companies, mobile network operators, banks, supermarkets, consumer product companies, media firms, and other businesses a full suite of products and services that enables them to fully provide telecom services as part of their business offerings. The company offers various dynamic products that include remote health care, credit card fraud prevention, mobile internet ID security, multi-country discounted phone services, loyalty management services, and a whole range of other emerging customized mobile services. For more information, visit (www.elephanttalk.com).

About ValidSoft

ValidSoft is a subsidiary of Elephant Talk Communications, Inc. (OTCBB: ETAK), (www.elephanttalk.com) and is a market leader in providing solutions to counter electronic fraud relating to card, the internet, and telephone channels. ValidSoft's solutions are at the cutting edge of the market and are used to verify the authenticity of both parties to a transaction (Mutual Authentication), and the integrity of the transaction itself (Transaction Verification) for the mass market, in a highly cost effective and secure manner, yet easy to use and intuitive. For more information, please visit (www.validsoft.com).

Forward-Looking Statements

Certain statements contained herein constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may include, without limitation, statements with respect to the Company's plans and objectives, projections, expectations and intentions. 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. Additional information concerning certain risks and uncertainties that could cause actual results to differ materially from that projected or suggested is contained in the Company's filings with the Securities and Exchange Commission (SEC), copies of which are available from the SEC or may be obtained upon request from the Company.

Contact:
Elephant Talk Communications, Inc.
Mr. Steven van der Velden
Tel: + 31 20 653 59 16
Email Contact
www.elephanttalk.com

Investor Relations:
Alliance Advisors, LLC
Thomas P. Walsh
Tel: +1 212-398-3486
Email Contact

ValidSoft:
Emmanuelle Filsjean
Tel: +44 (0)20 3170 8999
Email Contact

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