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XFONE, Inc. is a publicly traded (AMEX: XFN) international telecom company with operations in the United States, United Kingdom and Israel. XFONE services more than two hundred thousand users offering local calls, long distance calls, international calls, internet services, calling cards, messaging services and cable TV on its own state of the art facilities. XFONE is one of the fastest growing companies in the telecommunication industry.

XFONE'S management collectively holds over 100 years experience, and its UK subsidiary has been operational since 1987. The company has commercial and interconnect agreements that support its attractively priced, superior service. Operating expenses are tightly controlled with efficient use of automation and a web-based interface.

XFONE went public in 2002 and has been profitable since its inception in 2000 with a strong
balance sheet and 65 percent growth rate – distinguishing it from many of its competitors in a
$3 trillion global market.

The company has 130 dedicated employees, operates 4 switches and handles more than 25
million minutes a month. The company’s customer base includes blue chip companies, SME’s, residential users, resellers and joint ventures.