FORT LAUDERDALE, Fla.—-VoIP, Inc., (OTCBB:VOII), a leading provider of Voice over Internet Protocol (VoIP) communications solutions for service providers, resellers and consumers worldwide, announced today that it will exhibit at the COMPTEL PLUS Spring 2006 Convention & Expo, which runs March 19-22 in San Diego. In addition, VoIP, Inc’s CTO Shawn Lewis will deliver the keynote presentation on the first day of the Profitability Assurance Conference, immediately following CompTel’s Spring Convention & Expo:
Making Your Quad Play Profitable
Wednesday, March 22, 2006
1:15 p.m. - 2 p.m.
The Westgate Hotel
1055 Second Avenue
San Diego, CA 92101

VoIP, Inc.’s VoiceOne(TM) exhibit, #304, will highlight several of the world-class services it provides to carriers and service providers, featuring the VoiceOne Network - the first, seamless nationwide IP network. VoiceOne services that will be featured at CompTel include:

VoiceOne Carrier Direct ™

VoiceOne’s Carrier Direct is a partner program for CLECs which IP-enables the CLEC’s TDM network to create a hybrid network providing SIP origination and termination, along with access to VoiceOne’s feature server to provide broadband voice services. This program provides CLECs with the expertise — and equipment — to make the move fast — with no capital expenditure or increased operational expenses. The equipment that we provide is free and includes softswitch technology, media gateway(s), an unmatched service creation environment, and a high-quality MPLS (multi-protocol label switching) network. In return, CLECs will receive revenue for terminating VoiceOne’s termination traffic on their network.

VoiceOne Local Origination(TM)

VoiceOne’s Origination service provides one of the largest selections of Direct Inward Dial (DID) numbers available. Web-based administration and automated XML provisioning saves time when managing inventory, access, reservation and allocation. Additional VoiceOne services, such as v911, CNAM (full caller ID information), directory assistance listing, etc., can be added. VoiceOne Origination supports all protocols and connection types. These services are bundled with the termination product, and help supplement the carrier termination offering.

VoiceOne Enhanced 911(TM) Services

Named 2005 Product of the Year by Internet Telephony Magazine, VoiceOne’s v911 is a complete FCC-compliant solution for VoIP e911 calls. Our 911 services go beyond the requirements of the FCC’s order to help ensure reliability and quality of e911 calls. We utilize our private MPLS network along with our proprietary softswitch, selective routers, and media gateway controllers to provide the redundancy necessary for best quality of service for emergency calls over IP. Enhanced 911 provides for XML and web interfaces so that providers can update customer location information themselves or automatically. Customers’ emergency calls route to the correct Public Safety Answering Point (PSAP) via selective routing. Enhanced 911 also provides the remedy for on-the-go, nomadic subscribers. When lines are classified as nomadic, calls are handled by a call center. The end user can create a custom email notification list that would notify individuals when the user called 911.

VoiceOne Virtual Service Provider(TM)

VoiceOne’s Virtual Service Provider (VSP) offering is a private-labeled VoIP solution that enables service providers to quickly deliver VoIP services to their retail subscribers and business customers without the cost of development or ownership. In addition, we offer “company branded” customer care services and hardware (CPE) product fulfillment to the VSP’s customer base.

VoiceOne Domestic Termination(TM)

U.S. termination takes place on the VoiceOne Network where we have facilities. Otherwise, we hand the traffic to one of our network partners with whom we have a contractual relationship and cost advantage. VoiceOne can accept traffic in either TDM or IP formats.

VoiceOne International Termination(TM)

VoiceOne’s International Termination product features direct routes and connections established to many international voice carriers worldwide, with competitive rates and plans to fit the needs of all customers. VoiceOne provides customers with top-value international termination, easy management, and accessibility to advanced services. VoiceOne can accept traffic in either TDM or IP formats.

VoiceOne 800 Origination(TM)

VoiceOne 800 Origination is a flexible solution with IP or TDM delivery. Our 800 Origination product provides nationwide toll-free numbers with full control over routing. Customers can easily re-route a number and can log into an easy-to-use, attractive web interface to manage their 800 numbers. VoiceOne 800 Origination supports geographic routing and vanity numbers. VoiceOne can accept traffic in either TDM or IP formats.

About COMPTEL

COMPTEL is the leading industry association representing communications service providers and their supplier partners. Based in Washington, D.C., COMPTEL advances its members’ businesses through policy advocacy and through education, networking and trade shows. COMPTEL members are entrepreneurial companies building and deploying next-generation networks to provide competitive voice, data, and video services. COMPTEL members create economic growth and improve the quality of life of all Americans through technological innovation, new services, affordable prices and customer choice. COMPTEL members share a common objective: advancing communications through innovation and open networks. For more information, call COMPTEL at 202/296-6650.

About the VoiceOne(TM) Network

The VoiceOne network with its 22 points of presence in the U.S. and over 5,000 local access points reaches approximately 90 percent of the U.S. population. VoiceOne is a protocol agnostic network, supporting virtually any protocol including SS7, PRI, H.323, SIP, MGCP, etc. and utilizes both circuit and packet switched technology.

About VoIP, Inc.

VoIP, Inc. is a leading provider of Voice over Internet Protocol (VoIP) communications solutions for service providers, resellers and consumers worldwide. Through its subsidiaries, the company is a certified Competitive Local Exchange Carriers (CLEC) and Inter Exchange Carriers (IXC), and provides a comprehensive portfolio of advanced telecommunications technologies, enhanced services, broadband products, and fulfillment services to the VoIP industry. Current and targeted customers include IXCs, CLECs, Internet Service Providers (ISPs), Cable Operators and VoIP Service Providers in the United States and countries around the world. Leveraging its nationwide Multi-Protocol Label Switching (MPLS) VoiceOne network, and the continued deployment of advanced communications services, the company is enabling its customers worldwide to gain entry into this emerging space with products including voice termination/origination, e911, CALEA, Broadband Voice, IP Centrex, and more. For more information on VoIP, Inc., please visit the company’s web site: http://www.voipinc.com. Forward-Looking Statements

Statements about the VoIP, Inc.’s future expectations and all other statements in this press release other than historical facts, are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby.

The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management as well as assumptions made by and information currently available to the Company or its management. When used in this document, the words “anticipate,” “estimate,” “expect,” “intend,” “plans,” “projects,” and similar expressions, as they relate to the Company or its management, are intended to identify forward-looking statements. Such statements reflect the current view of the Company regarding future events and are subject to certain risks, uncertainties and assumptions, including the risks and uncertainties noted. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove to be incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, intended or projected. In each instance, forward-looking information should be considered in light of the accompanying meaningful cautionary statements herein. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, the impact of competitive services and pricing and general economic risks and uncertainties.

In this press release, our use of the words “outlook,” “expect,” “anticipate,” “estimate,” “forecast,” “project,” “likely,” “objective,” “plan,” “designed,” “goal,” “target,” and similar expressions is intended to identify forward-looking statements. While these statements represent our current judgment on what the future may hold, and we believe these judgments are reasonable, actual results may differ materially due to numerous important risk factors that are described in our Annual Report on Form 10-K for the period ended December 31, 2004, as filed with the SEC on March 30, 2005, which may be revised or supplemented in subsequent reports filed by us with the SEC. Such risk factors include, but are not limited to: our level of indebtedness; an inability to generate sufficient cash to service our indebtedness; regulatory and legal uncertainty with respect to intercarrier compensation payments received by us; the inability to expand our business as a result of the unavailability of funds to do so; the migration to broadband Internet access affecting dial-up Internet access; the loss of key executive officers could negatively impact our business prospects; an increase in our network expenses which could result if the migration of our enterprise customer base to U.S. TelePacific Corp. occurs sooner or later than contemplated; and our principal competitors for local services and potential additional competitors have advantages that may adversely affect our ability to compete with them.